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Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
The fitness-equipment maker has warned of cash-flow issues and continued losses amid a decline in paying subscribers and a recall.
Read MoreShell Launches $3.5 Billion Buyback
Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.
Read MoreING Continues Buybacks to Boost Captial Ratio
ING shares rose after the Dutch lender said it plans to buy back up to €2.5 billion of shares and reported a first-quarter profit driven by income from fees and interest rates.
Read MoreWegovySales More Than Double as Demand Soars
Novo Nordisk raised its full-year guidance to reflect better pricing in the U.S. and as global demand for its hit weight-loss and diabetes drugs continues to outstrip supply.
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