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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Online business & e-commerce

Google, Alphabet, Indivior, Cal-Maine Foods - AFTER HOURS

A look at what happened after the bell on Friday and what may grab attention in New York on Monday

Over the weekend, Google announced a shift in its rules for subscription news websites.

Such sites no longer must provide users three free articles a day or face less prominence in search results, following complaints from media giants like News Corp over sales.

Google, which is the largest part of parent company Alphabet, said previously that free samples would lead to increased subscriptions

Alphabet (NASDAQ:GOOGL) saw shares close on Friday 0.92% higher at US$973.72.

In other news likely to feature as the new trading week begins, UK listed Indivior PLC's (LON:INDV) saw shares rise in London having crashed early last month on a US ruling.

It comes as its US subsidiary has now submitted an application to the all-powerful FDA to market schizophrenia treatment RBP-7000.

The application includes the results of its Phase 3 study. The firm also revealed it had struck an agreement with Durect Corp (NASDAQ:DRRX) to buy a number of patents to bolster its IP position.

Meanwhile, looking ahead to earnings on Monday and egg producer Cal-Maine Foods Inc (NASDAQ:CALM) is reporting and Wall Street forecasts the group to post a quarterly loss of US$0.23 per share on revenues of US$275.97mln.

Shares closed on Friday 0.98% higher at US$41.10.

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