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South Korean retail investors launched a campaign seeking an extraordinary shareholders’ meeting at Samsung Electronics to push for a $32 billion share buyback and limits on performance bonuses.
Fresenius Medical Care shares fell 8.0% despite beating second-quarter earnings forecasts, as investors focused on declining U.S. patient treatment volumes and unchanged full-year guidance.
Merck reported better-than-expected second-quarter revenue of $16.61 billion, driven by strong Keytruda cancer drug sales, and raised its full-year forecast.
Yum Brands reported that a cyclospora outbreak linked to Taco Bell caused meaningful sales damage, though early recovery signs have emerged with sales improving over recent days.
Ferrari raised its 2026 guidance after beating second-quarter expectations, citing strong demand for its luxury sports cars and a full order book through 2027.
Jersey Mike’s shares fell 6% in their initial trading on the New York Stock Exchange after the sandwich chain priced its IPO at $23 per share, raising approximately $1 billion.
