Citi Trends Inc (CTRN), an off-price retailer of apparel, accessories and home trends, on Tuesday reported higher net income for the first quarter compared to same quarter prior year, supported by higher sales growth. Following this the stock climbed around 15 percent in the pre-market trading. For...
IBM (IBM) has announced plans to invest more than $10 billion in quantum computing over the next five years. The investment will span research and development, capital expenditure, manufacturing scaling, ecosystem partnerships, and M&A. The company said the investment reinforces IBM's mission to bring...
Cingulate Inc. (CING) on Tuesday said the U.S. Food and Drug Administration has issued a Complete Response Letter for its New Drug Application seeking approval of CTx-1301 for the treatment of Attention Deficit/ Hyperactivity Disorder (ADHD). The company said the FDA's response identified specific...
K+S AG (SDF.DE, KPLUY), a German chemical company, on Tuesday announced an agreement to acquire the salt business of Qemetica S.A. The transaction is expected to close in the first quarter of 2027. The purchase price is 350 million euros, plus a performance-based bonus of up to 30 million euros. The...
NASA's research aircraft will conduct a number of low-altitude flights near Houston this month. Five C-20A research aircraft will support a Student Airborne Research Program mission out of Ellington Field in Houston. NASA said that flights are expected from June 3 to 13. During the mission, select...
The U.S. Department of the Treasury and United States Mint have announced the upcoming production of the FIFA World Cup 2026 commemorative coins. Under the FIFA World Cup 2026 Commemorative Coin Act, the Mint will produce $5 gold, $1 silver, and half-dollar clad coins celebrating the 2026 football tournament, which kicks off later this month. Mint plans to make a maximum of 100,000 Gold $5 coins
Signet Jewelers (SIG) reported first quarter net income of $31.7 million compared to $33.5 million, a year ago. EPS was $0.78, flat with prior year. EPS in the current quarter included $0.78 of restructuring and other charges net of taxes. Adjusted EPS was $1.56, compared to $1.18. Sales increased to...
Pasithea Therapeutics Corp. (KTTA) on Tuesday said the U.S. Food and Drug Administration has granted Orphan Drug Designation to its lead candidate, PAS-004, for the treatment of Amyotrophic Lateral Sclerosis (ALS), a progressive neurodegenerative disease that affects motor neurons. The company said...
FS KKR Capital Corp. (FSK) on Tuesday announced the pricing of an underwritten public offering of $900 million aggregate principal amount of 7.500% unsecured notes due 2031. The notes will mature on August 1, 2031. The offering is expected to close on June 8. The company said it intends to...
Halliburton Company (HAL) on Tuesday said it has acquired InformatiQ AS, a Norway based software company that develops cloud-native applications for subsurface, drilling, well, and logistics data. Financial terms of the transaction were not disclosed. The company said the acquisition builds on...
Donaldson Company (DCI) said its full-year results are forecast to include Facet-related sales of between $25 million and $30 million and net EPS dilution of approximately $0.03. Excluding this impact, organic adjusted full-year EPS is expected to be within a range of $3.94 and $4.01, reflecting an increase...
President Donald Trump has signed a Proclamation reducing import duty to 10% on steel, aluminum, and copper for foreign companies that heavily utilize American metals. Under the new U.S. trade policy, foreign products qualify for this reduced, preferential tariff rate if they contain at least 85 percent U.S.-melted/poured steel or smelted/cast aluminum and copper by weight. This preferential 10
UP Fintech Holding Ltd. (TIGR), an online brokerage firm, on Tuesday reported net loss for the first-quarter, compared with profit a year earlier. Total revenue increased from the previous period, despite higher expenses. For the first quarter net loss was $27.67 million or $0.010 per share, compared...
After weeks of intense negotiations, Denmark's acting prime minister Mette Frederiksen has announced that her Social Democratic Party has reached a consensus on forming a center-left coalition government. Frederiksen told reporters after meeting King Frederik X that she would present the new cabinet on Wednesday under her third term as prime minister. Frederiksen had resigned after the ruling So
Oil prices fell sharply on Tuesday, after having jumped more than 4 percent in the previous session amid ongoing uncertainty over talks between the United States and Iran to end their war and reopen the Strait of Hormuz. Brent crude futures for August delivery were down 1.7 percent at $93.35 a barrel,...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.