MICROCHIP

Two determined sisters were reunited with their beloved Maltese Poodle, Byron, after an arduous battle to get him back.

Spirit Aerosystems (SPR) Spirit is offering voluntary layoffs to employees, amid the Boeing supplier's uncertainty over how long 737 Max production will remain idled. More than half of the company's revenue comes from the production of 737 aircraft components. Pfizer (PFE) RBC Capital began coverage of the drugmaker with an "outperform" rating, calling it its "top idea" in the large-cap pharma space. Goldman Sachs (GS) The investment bank announced an overhaul of its financial reporting structure, in an effort to increase transparency. J&J is said to have agreed to pay more than $2 million to settle a claim that its baby powder caused cancer.

Maintenance workers cover the engine of an American Airlines Group Boeing 737 Max plane at Tulsa International Airport (TUL) in Tulsa, Oklahoma, May 14, 2019. Microchip Technology Shares of Microchip rose over 4% after releasing updated guidance that put projected sales near the top of its previous range. Texas Instruments Shares of the semiconductor company rose about 2% in extended trading after fellow chipmaker Microchip released updated guidance and express confidence about the industry in 2020. American Airlines Shares of American Airlines rose about 0.5% after hours on Monday following an announcement that it had agreed to a deal with Boeing regarding compensation from the grounding of the 737 Max. The total amount was not disclosed, but American said it would add $30 million to an employee profit-sharing program.