Stocks making the biggest moves after hours: Urban Outfitters, Viasat, Toll Brothers and more

Check out the companies making headlines after the bell: Urban Outfitters — The clothing retailer added nearly 8% after beating estimates on its first-quarter results. Urban Outfitters reported adjusted earnings of 69 cents per share on $1.2 billion of revenue, more than the 52 cents per share on $1.18 billion of revenue that analysts polled by […]

Japan orders compliance improvements at MUFG bank and securities tie-ups with Morgan Stanley

Japan’s banking regulator on Monday ordered the banking and securities units of Mitsubishi UFJ Financial Group (NYSE:MUFG) to improve compliance measures after the securities watchdog found multiple breaches of “firewall” regulations. The penalties come less than two years after the securities arm of rival megabank Sumitomo Mitsui (NYSE:SMFG) Financial Group was indicted on market manipulation […]

Spanish bank BBVA seeks authorisation of hostile takeover bid for Sabadell

Spanish bank BBVA (BBVA.MC), opens new tab on Friday asked stock market supervisor CNMV to authorise its 12.23-billion-euro ($13.29 billion) hostile takeover offer for smaller rival Sabadell (SABE.MC), opens new tab, a potential tie-up of lenders that Madrid opposes. The filing with the CNMV formally kicks off the regulatory process for BBVA’s bid and is expected to take […]