Cinemark Reaches Deals With Hollywood Studios to Show Movies 
 

Cinemark Holdings reached agreements to show films from some major Hollywood studios, a move aimed at establishing a model for how long movies would play in theaters before moving to home video.

 
NYSE to Delist Chinese Telecoms Carriers After Rejecting Appeals 
 

China's big three telecoms carriers lost their appeals against being kicked off the New York Stock Exchange and will be delisted to comply with an investment ban introduced by former President Donald Trump.

 
Grocers, Restaurants to Suppliers: Hurry Up, Make More 
 

Retailers are implementing penalties for late or incomplete orders, adding pressure to food makers dealing with labor and ingredient shortages.

 
Barclays Activist Investor Sells Entire Stake 
 

Edward Bramson's Sherborne Investors said it sold its entire stake in Barclays, giving up on a yearslong activist campaign to restructure the British bank with a major Wall Street presence.

 
News Corp Revenue Rises on Real Estate and Publishing Growth 
 

News Corp reported 3% revenue growth for the quarter that ended in March, driven by positive foreign-exchange fluctuations, plus solid growth at the company's digital real estate, book publishing and Dow Jones units.

 
Walmart Deal Shows Expansion in Telehealth, New Front With Amazon 
 

Walmart said it purchased telehealth provider MeMD, another sign that the retail giant aims to expand its healthcare business and open up a new front with Amazon.com.

 
Cash App Is King at Square 
 

The digital wallet's gross profit more than doubled in the first quarter, besting Square's seller business.

 
Siemens Raises Guidance as Second-Quarter Tops Forecasts 
 

Siemens posted better-than-expected second quarter results, thanks to the improved performance of its industrial business and upgraded its profit outlook for the year.

 
BMW Backs Outlook Despite Ongoing Uncertainties 
 

BMW confirmed its outlook for the full year but couldn't rule out negative effects from the coronavirus pandemic and the rising cost of raw materials weighing on earnings.

 
IAG Losses Narrow But No Quick Return to Capacity 
 

IAG reported a lower operating loss of EUR1.07 billion for the first quarter but cautioned that it only expects 25% passenger capacity during the next three months, as travel restrictions continue to weigh.

(END) Dow Jones Newswires

May 07, 2021 11:00 ET (15:00 GMT)

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