News Highlights: Top Company News of the Day
May 06 2021 - 05:30PM
Dow Jones News
Peloton Says Wait Times Are Down to Pre-Pandemic Levels
Revenue for the quarter rose to $1.26 billion, up from $524.6
million a year earlier, as demand for remote workout classes and
at-home fitness gear continues to surge during the pandemic
Roku Reports Nearly 79% Jump in Revenue in Latest Quarter
The streaming-media service continued to see a boost from
homebound customers consuming more entertainment content during the
pandemic.
AIG's Profit Rises on Premium Growth, Investment Gains
The results mark a turnaround for the insurer's
property-and-casualty unit, which had delivered poor results for
years.
NBCUniversal Explores Streaming Its Sports Channels or Selling Them Off
Media giant has weighed options for its regional sports channels
as the company tries to figure out a future for a business under
increasing pressure.
The Athletic Halts Merger Talks With Axios, Eyes New York Times
The sports-media outlet is no longer in discussions with news
publisher Axios, people familiar with the matter said, but it is
still pursuing a tie-up deal and sees the Times as a top
contender.
Moderna Turns First Profit, Boosted by Its Covid-19 Vaccine
The vaccine brought Moderna revenue of $1.73 billion in the
first quarter, but the prospect of a temporary loss of vaccine
patents clouds investors' outlook.
Barbie Maker Mattel Tackles Playtime in a Post-Pandemic World
CEO Ynon Kreiz on the future of screen time, values in the toy
aisle and the continuing evolution of the famous doll.
Pfizer, BioNTech to Donate Covid Vaccines to Tokyo Olympics Athletes
Participants in the Tokyo Olympics and Paralympics will have
access to donated doses of Pfizer Inc. and BioNTech SE's Covid-19
vaccines, the International Olympic Committee said.
With Wayfair, Look Past the Lockdown Boom
Wayfair had an easy first quarter. Some wobbliness can be
expected going forward.
VW Has the Profit to Take On Tesla. Does It Have the Talent?
The German giant reported solid first-quarter results, but they
say little about the nascent electric-vehicle business investors
care most about.
(END) Dow Jones Newswires
May 06, 2021 17:15 ET (21:15 GMT)
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