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Mistras Group Inc. shares surged in the extended session Wednesday after the infrastructure protection services company topped Wall Street estimates for the quarter. Mistras shares jumped 16% to $16.50. The company reported fiscal first-quarter earnings of 23 cents a share on revenue of $179.9 million. Analysts surveyed by FactSet had forecast earnings of 9 cents a share on revenue of $165.6 million. The company maintained its full-year revenue guidance of $710 million to $725 million but expects profits to be at the higher end of its guidance range. Analysts surveyed by FactSet expect full-year earnings of 67 cents a share on revenue of $716.9 million.

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SiriusXM Holdings Inc. late Wednesday said it reached a deal with the National Football League for a six-year extension of their broadcasting and marketing agreement. As part of the deal, Sirius will live broadcast every NFL game from the preseason through Super Bowl LVI in 2022. Financial terms of the agreement were not disclosed. Shares of Sirius edged up 0.3% in the after-hours session.

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Apparel and footwear retailer Tilly’s Inc. said Wednesday Chief Executive Daniel Griesemer is stepping down effective immediately, replaced by Edmond Thomas effective Oct. 12. Thomas served as Tilly’s president and co-chief executive from September 2005 to October 2007, and most recently served as CEO of The Wet Seal Inc. Shares of Tilly’s rose 2.7% in late trading Wednesday after ending the regular trading day up 1.6%.

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Deutsche Bank AG shares fell in the extended session Wednesday after the bank said it would take charges, including one of 5.8 billion euros, in the third quarter. Deutsche Bank shares fell 5.7% to $27.14. The bank said expected higher regulatory requirements in its corporate banking and securities and private and business clients units are largely responsible for the 5.8 billion euro charge. The bank also said it expects a 600 million euro charge on the carrying value of its 20% stake in Hua Xia Bank Co. Ltd., and litigation provisions of 1.2 billion euros. Based on the charges, Deutsche Bank expects to post a third quarter loss before income taxes of about 6 billion to 6.2 billion euros.

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U.S. stocks closed modestly higher on Wednesday as a rally in health-care stocks helped propel stocks to gains during a shaky trading session. Analysts said that investors are still unwinding bets that stocks will fall further — a crowded trading strategy that has produced big intraday-trading swings. The S&P 500 closed 15.90 points, or 0.8%, higher at 1,995.82. The Dow Jones Industrial Average added 122.10 points, or 0.7%, to 16,912.29. The Nasdaq Composite ended the day up 42.79 points, or 0.9%, at 4,791.15.

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The Indonesian rupiah soared against the dollar Wednesday, boosted by encouraging data and a stabilizing crude-oil prices. A monthly update on China’s foreign currency holdings showed the decline in the country’s reserves slowed in September, which analysts said was an indication that the country’s currency, the yuan, won’t weaken much further. The Malaysian Ringgit also surged after the data. Malaysia and Indonesia are net exporters of industrial commodities like crude oil and both compete with China in the international export market. When China devalued the yuan back in August, both currencies sold off in sympathy. The rupiah was up 3% against the dollar to 13,884.50 late Wednesday in New York — its highest level since Aug. 21, according to FactSet data. It traded at 14,312 to the dollar late Tuesday. The ringgit traded at 4.2 ringgit to the dollar Wednesday, its strongest level since Sept. 17. The Malaysian currency was up 2.6% against the dollar late Tuesday.

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WASHINGTON (MarketWatch) — China has signed up to the International Monetary Fund’s Special Data Dissemination Standard, which the agency says will ensure timely and comprehensive economic statistics. Chinese data has often been criticized for lacking in quality. There are now 65 countries that follow the IMF’s voluntary guidelines.

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The Securities and Exchange Commission charged three Blackstone Group private equity fund advisers with failing to fully inform investors about revenues recorded for accelerated monitoring fees and discounts on legal fees. Blackstone will pay nearly $39 million to settle the charges and $29 million of the settlement will be returned to affected fund investors. The Blackstone funds failed to sufficiently disclose to investors that managers charged monitoring fees to fund-owned portfolio companies prior to the companies’ sale or initial public offering, thereby reducing the value of the companies prior to sale. Fund investors were also not informed that Blackstone was paying much less for outside legal services than it was charging the funds. Blackstone violated its fiduciary duty by failing to properly disclose the fees, the SEC said. Blackstone did not admit or deny the findings.

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Tuesday night’s American League wild-card game, which saw the Houston Astros beat the New York Yankees 3-0, was the highest-rated wild-card game ever, according to Nielsen. The game, which aired on Walt Disney Co.’s ESPN platforms, had a 5.7 overnight rating, making it the highest-rated MLB game in 12 years for the network, according to a news release. The rating was up 50% compared with last year’s AL wild-card game between the Kansas City Royals and Oakland A’s, which garnered a 3.8 overnight rating. Last night’s game also attracted the largest audience for an MLB game on the network’s streaming platform, WatchESPN, with 445,000 unique viewers and an average audience per minute of 127,000 viewers. Time Warner Inc.’s Turner Broadcasting System (TBS) will air Wednesday night’s National League wild-card game between the Chicago Cubs and the Pittsburgh Pirates.

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E-commerce site Jet.com is dropping its plan to charge a $50 annual membership fee, a key part of its business model. “The response to Jet’s core value proposition has been stronger than we anticipated,” Marc Lore, chief executive officer of Jet.com wrote in a post on the website Medium. At the heart of the site’s value proposition is the promise of deep discounts when customers add to the “Smart Cart.” The more items customers add and the easier it is to fulfill the order, the deeper the discount. “By enabling even more people to embrace this new way of shopping, we believe we can more fully realize our vision of a reshaped e-commerce landscape and deliver unprecedented value to consumers and retailers.” Lore writes that the company will continue to offer perks like free shipping on orders over $35 and free returns within 30 days. Jet.com, which launched 11 weeks ago, has been discussed as a competitor to Amazon.com Inc.

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