Astellas Pharma "announced the European Medicines Agency has accepted for regulatory review the company's marketing authorization application for fezolinetant, an investigational oral, nonhormonal compound seeking approval for the treatment of moderate to severe vasomotor symptoms associated with menopause. VMS, characterized by hot flashes and/or night sweats, are common symptoms of menopause. The MAA is supported by results from the BRIGHT SKY program, which included three Phase 3 clinical trials that collectively enrolled over 2,800 women with VMS across Europe, the U.S. and Canada. Results from the SKYLIGHT 1 and SKYLIGHT 2 pivotal trials characterize the efficacy and safety of fezolinetant for the treatment of moderate to severe VMS associated with menopause. Data from the SKYLIGHT 4 safety study further characterizes the long-term safety profile of fezolinetant. Within the MAA, Astellas proposes a 45 mg daily dose, which is subject to the EMA's review."

Tupperware Brands Corporation announced that it has reached a settlement with the U.S. Securities and Exchange Commission to fully resolve resolve its inquiry related to certain accounting practices of the now divested House of Fuller beauty business in Mexico from 2016 through the first quarter of 2020. Under terms of the settlement, Tupperware neither admits nor denies the SEC's findings and will pay an immaterial civil penalty, which was fully accrued in the second quarter of 2022. "One of our core principles at Tupperware is that we do what's right. When we first discovered certain accounting issues in our now divested beauty business in Mexico, we took swift action to conduct a thorough internal review and proactively address the findings to improve our processes, procedures and internal control framework in this former business," said Miguel Fernandez, CEO of Tupperware. "We are pleased to put this issue to rest and focus on moving the Tupperware brand into the future."

In an interview on CNBC's Mad Money, James Gorman said it's not totally surprising where we are today. "You can't have free money forever," he added. He feels inflation, unemployment, and interest rates all at 4% would be an ideal situation. There are reasons to be concerned, he said, but he hasn't seen enough yet to say it's a full blown crisis. The company is dealing with 15M clients and not seeing panic. U.S. banks are in the best shape financially in decades, he noted. Gorman feels "very good" about the company's financial position as it expects to retire 6%-7% of stock this year and offers a 3.5% dividend.

Ready Capital "announced the Board of Directors authorized an increase in the size of the Company's existing stock repurchase program by an additional $25.0M, bringing the total amount authorized under the program to $50.0M."

United Natural Foods is reacquiring three former store locations which had previously been sold and remodeling two existing store locations, as part of its commitment to build its Shoppers banner by adding to and improving the stores in its portfolio. In addition to the three new locations in Maryland, Shoppers is scheduled to complete in early October remodels at their stores in Forestville, Md.

Says: "For the second quarter specifically, we expect reported revenue to grow low double digits on strong consumer demand despite 900 basis points of foreign exchange headwinds. We expect second quarter gross margins to decline approximately 350 to 400 basis points versus the prior year, the largest impact across the fiscal year as we discount out-of-season product more aggressively in a largely promotional marketplace. This will require higher markdowns in our own channels and through wholesale partners. The second quarter also compares to last year's record level of full price realization and includes headwinds from freight, logistics and other supply chain costs as well as foreign exchange." Comments taken from Q1 earnings conference call.

Says: "Brand strength is our competitive advantage, with NIKE setting the pace as Chinese consumers' #1 cool and #1 favorite brand, further extending our lead among teams."