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  • Ironwood Pharmaceuticals' LINZESS Secures FDA Approval For Functional Constipation Treatment May 27, 2026 10:36 ET

    Wednesday, Ironwood Pharmaceuticals, Inc. (IRWD) announced that the U.S. Food and Drug Administration has approved the use of LINZESS, also known as linaclotide, in pediatric patients 2 years of age and older with functional constipation. With this approval, LINZESS remains the only FDA-approved prescription...

  • DICK'S Sporting Cuts FY26 Earnings View, Backs Adj. EPS, Sales Forecast After Q1 Growth; Stock Down May 27, 2026 09:46 ET

    Shares of of DICK'S Sporting Goods Inc. were losing around 3 percent in the early morning trading on the NYSE after the sports retailer on Wednesday lowered fiscal 2026 outlook for earnings, despite higher first-quarter results. Further, the firm maintained forecast for annual adjusted earnings per share and net sales, and raised the expectations for comparable sales growth for the segments.

  • Monro Q4 Loss Narrows, Stock Up In Pre-market May 27, 2026 09:27 ET

    Monro, Inc. (MNRO), a provider of automotive repair and tire services, on Wednesday reported a reduced net loss for the fourth quarter, with narrowed operating loss cushioning the impact of declining revenue. For the quarter ended March net loss reduced 69.1 percent, to $6.58 million or $0.23 per...

  • AkzoNobel Board Rejects Takeover Proposal From Nippon Paint, Sherwin-Williams; Backs Axalta Deal May 27, 2026 09:15 ET

    Wednesday, Akzo Nobel NV (AKU1.MU) confirmed the rejection of a takeover proposal from Nippon Paint Holdings Co. (NI7.F), and The Sherwin-Williams Company received on April 29, 2026, to buy all issued and outstanding shares of the company at an offer price of 73 euros per share in cash. The proposal...

  • Futures Pointing To Continued Strength On Wall Street May 27, 2026 08:48 ET

    After ending the previous session mostly higher, stocks may see further upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent. Technology stocks may help lead the way higher once again, as reflected...

  • Rollins Promotes William Harkins To Succeed Resigning Kenneth Krause As CFO May 27, 2026 08:45 ET

    Rollins, Inc. (ROL), a consumer and commercial services company, announced Wednesday that Kenneth Krause, Executive Vice President and Chief Financial Officer, will resign to pursue an opportunity with a company in an unrelated industry, effective June 15, 2026. Krause has agreed to a transition services...

  • DHS Issues New Directive To Crack Down On Asylum Fraud May 27, 2026 08:18 ET

    The Department of Homeland Security has released a new directive instructing U.S. Immigration and Customs Enforcement to take additional steps to crack down on fraudulent asylum claims. DHS instructed ICE to develop anti-fraud policies that will further enforce 8 U.S.C. §?1324c(d), a law that establishes...

  • Lululemon Inks Cooperation Deal With Chip Wilson, Adds Laura Gentile And Marc Maurer To Board May 27, 2026 08:16 ET

    Wednesday, Lululemon Athletica Inc. (LULU) announced a cooperation agreement with Dennis J. "Chip" Wilson, who owns approximately 8.7% of the company's outstanding common stock. As per the agreement, Laura Gentile, former Chief Marketing Officer of ESPN, and Marc Maurer, former Co-Chief Executive...

  • UK To Sign New Defense And Security Treaty With Poland May 27, 2026 08:14 ET

    The UK is set to sign a new defense and security treaty with Poland to protect British borders, tackle organised crime, bolster collective defences and deepen cooperation with the European Union. UK Prime Minister Keir Starmer will host his Polish counterpart, Donald Tusk, in London Wednesday, as they prepare to sign the new agreement to strengthen defense cooperation in the face of increasing ho

  • TG Therapeutics Phase 3 Study Of Single-Infusion BRIUMVI Regimen In RMS Meets Primary Endpoint May 27, 2026 08:07 ET

    TG Therapeutics, Inc. (TGTX) on Wednesday reported positive topline results from its Phase 3 ENHANCE study evaluating a single-infusion initiation regimen for BRIUMVI in adults with relapsing forms of multiple sclerosis. The study achieved its primary endpoint, showing bioequivalent drug exposure...

  • UN Urges Airlines To Stick To Safety Measures In Wake Of Ebola Outbreak May 27, 2026 08:05 ET

    As a deadly Ebola strain continues to spread in the Democratic Republic of the Congo, with cases confirmed in neighbouring Uganda, the UN aviation agency is urging governments and flight operators to closely follow guidelines put in place following the Covid-19 pandemic. The outbreak of the Bundibugyo...

  • Israel Says It Killed Hamas Military Commander In Gaza May 27, 2026 08:02 ET

    Hamas's military commander in Gaza Mohammed Odeh has been killed in an air raid on Tuesday, Israel says. Israel's military and Shin Bet security service said Odeh was killed in an operation in Gaza City following months of intelligence tracking. Reports say that Odeh was killed alongside his wife...

  • Manchester United Q3 Adj. EBITDA Rises; Increases FY26 Guidance May 27, 2026 08:02 ET

    Manchester United (MANU) posted a third quarter net loss of 11.8 million pounds compared to a loss of 2.7 million pounds, a year ago. Basic loss per share was 6.83 pence compared to a loss of 1.57 pence. Adjusted EBITDA was 84.7 million pounds, up 65.4%. Adjusted basic profit per share was 2.95 pence...

  • DICK'S Sporting Backs FY26 Adj. EPS, Net Sales Outlook; Declares Dividend - Update May 27, 2026 08:02 ET

    While reporting financial results for the first quarter on Wednesday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) maintained its adjusted earnings and net sales guidance for the full-year 2026. For fiscal 2026, the company now projects earnings in a range of $13.27 to 14.27 per share...

  • Dycom Industries Q1 Earnings Up; Raises FY27 Outlook May 27, 2026 07:59 ET

    Dycom Industries, Inc. (DY), on Wednesday, reported higher net income in the first quarter compared with the previous year. For the first quarter, net income increased to $91.29 million from $61.05 million in the previous year. Earnings per share were $3 versus $2.09 last year. On the adjusted...

Global Economics Weekly Update -May 18 – May 22, 2026

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.

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