Canada’s BlackBerry forecast fourth-quarter revenue of $150 million to $159 million, below analysts’ estimates for $185.6 million. The stock was down 7.1%.
Boeing moved closer to resuming 737 MAX deliveries to China as it appeared Chinese airlines were getting ready to take delivery of the jets again. Trade publication The Air Current reported Boeing has won a key clearance from China’s aviation regulator. Boeing stock was up 2.1%.
Calliditas Therapeutics received full approval from the FDA for Tarpeyo as a treatment for patients with primary immunoglobulin A nephropathy. The stock was up 13%.
Micron Technology issued a better-than-expected outlook for the current quarter, forecasting a sharp rise in revenue. Shares rose 6%.
Toyota fell 4% in Tokyo after it said it was recalling around 1 million Toyota and Lexus vehicles in the U.S. , citing issues over potential airbag malfunctions. The recall affects certain 2020-2022 Toyota and Lexus models. U.S.-listed shares fell 0.4%.
Warner Bros. Discovery CEO David Zaslav met with Paramount CEO Bob Bakish this week and discussed a possible merger , though no formal talks between the companies are under way. Warner Bros. shares rose 2.1%, while Paramount gained 0.1%.