Stocks to Watch Friday: Richemont, Bayer, Take-Two, UnitedHealth -- WSJ

Dow Jones
05-16

By WSJ Staff

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, the shares fell in premarket trade.

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 dropped in premarket trade.

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

GlobalWafers (TW:6488): The Taiwanese chip-materials maker said it plans to invest an extra $4 billion in the U.S.

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(END) Dow Jones Newswires

May 16, 2025 04:57 ET (08:57 GMT)

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