Stocks making the biggest moves after hours: CrowdStrike, Hewlett Packard Enterprise and more

Check out the companies making headlines in after-hours trading: CrowdStrike — The cybersecurity company jumped 7% after offering better-than-expected quarterly results and guidance. CrowdStrike posted adjusted earnings of 93 cents per share and $921 million in revenue for the first quarter, topping forecasts of 89 cents per share in earnings and $905 million in revenue from […]

Wall Street ends lower amid rate concerns, higher bond yields

U.S. stocks fell on Wednesday amid further gains in Treasury yields and concern over the timing and scale of possible interest rate cuts from the Federal Reserve. The Dow fell more than 1% and hit its lowest level in nearly a month. All of the S&P 500 sectors ended lower as well, with rate-sensitive utilities (.SPLRCU), […]

Recordati shares rise as investors reportedly circle CVC stake

Shares in Italian drugmaker Recordati rose almost 3% on Tuesday, boosted by a report that investment funds KKR and TPG had expressed preliminary interest in buying a stake in the company. Speculation about the future of Recordati has increased after majority shareholder CVC Capital Partners hired investment banks JP Morgan and Goldman Sachs to explore […]