By WSJ Staff

Charter Communications $(CHTR)$: The company agreed to buy closely held rival Cox Communications for $21.9 billion, bringing together two of the biggest broadband and cable operators in the U.S. Shares in Charter rose.

Richemont (CH:CFR): Shares climbed after Richemont said quarterly sales rose, driven by its jewelry division, which includes Cartier and Van Cleef & Arpels.

Bayer (XE:BAYN): The German chemicals producer is pushing to resolve lawsuits linking its Roundup weedkiller to cancer, while exploring a potential bankruptcy filing for its Monsanto unit as a backup, The Wall Street Journal reported. Shares rose.

Applied Materials $(AMAT)$: The chip-equipment maker's results broadly met expectations and it said the trade war hasn't significantly changed demand. Still, shares fell about 6%.

Take-Two Interactive $(TTWO)$: The videogame maker said it would report a full-year loss and lower-than-expected sales after a delay to the next installment of the "Grand Theft Auto" franchise. The stock wavered.

UnitedHealth $(UNH)$: Shares gained about 1%. They had dropped 11% Thursday, after the Journal reported that the Justice Department was investigating the company for possible criminal Medicare fraud.

Novo Nordisk $(NVO)$: The Ozempic maker said Chief Executive Lars Fruergaard Jørgensen would step down, citing recent market challenges and a pullback in the company's stock price. U.S.-listed Novo Nordisk stock fell nearly 4%.

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(END) Dow Jones Newswires

May 16, 2025 09:42 ET (13:42 GMT)

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