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Ku6 Media Enters Into Partnership With YouTube - Quick Facts

Ku6 Media Co., Ltd. (KUTV) announced that it has entered into a definitive agreement with YouTube, which would allow Ku6's international users to view original videos from China through a new channel operated by YouTube. Ku6 said that it plans to recruit a team to operate this channel to help grow its user base and revenues in the international market.

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Philip Morris International Inc. (PM) reported Tuesday that net earnings attributable to PMI for the quarter grew to $2.15 billion or $1.38 per share from $2.00 billion or $1.28 per share in the prior-year quarter. Excluded items, adjusted earnings for the quarter were $1.50 per share, compared to... Novartis AG's shares were gaining more than 4 percent in Switzerland and more than 5 percent in pre-market activity on the NYSE after the Swiss drug major reported Tuesday higher first-quarter profit, above market estimates, with strong sales growth. The company also raised its fiscal 2024 outlook for growth in sales and core operating income. Primal Kitchen is recalling around 2,060 cases of three code dates of Primal Kitchen Avocado Oil as the glass may be prone to breakage, causing the product to spill, the U.S. Food and Drug Administration noted. The recall involves 750mL Primal Kitchen Avocado Oil with an individual package UPC of 8-5523200719-4.

First quarter growth data from China gained the maximum focus this week as trends in the massive emerging economy impact its trading partners. Elsewhere, the IMF released its latest global macroeconomic projections. Read our story to find out why comments from the Fed Chair Powell damped rate cut expectations. Meanwhile, there was some survey data that kindled hopes of a recovery in manufacturing. In the U.K., inflation data for March revealed some confusing trends.

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