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  • Eisai, Biogen Say FDA Extends Review Of LEQEMBI IQLIK As A Starting Dose For Early AD May 08, 2026 03:11 ET

    Eisai Co. Ltd (ESALY.PK) and Biogen Inc. (BIIB) on Friday said the U.S. Food and Drug Administration has extended by three months the review of LEQEMBI IQLIK as a starting dose for the treatment of early Alzheimer's disease. The new Prescription Drug User Fee Act (PDUFA) action date is August 24,...

  • Hankook Tire & Technology Q1 Operating Profit Rises May 08, 2026 02:57 ET

    Hankook Tire & Technology (161390.KS) reported that its first quarter net income attributable to shareholders of the parent company totaled 346.16 billion Korean Won, 8.28% higher than 319.69 billion won in the comparable period of the previous year. Operating income reached 506.96 billion won, grew...

  • Century Aluminum Q1 Profit Surges On Hawesville Sale Gain May 08, 2026 02:47 ET

    Century Aluminum Company (CENX) reported significantly higher first-quarter profit, mainly driven by a gain on the sale of its Hawesville site. Net income attributable to Century rose to $337.5 million or $3.23 per share from $29.7 million or $0.29 per share a year earlier. The company recorded...

  • Smith & Nephew To Repurchase Up To $250 Mln Of Shares May 08, 2026 02:37 ET

    Smith & Nephew PLC (SNN, SN.L), a medical technology company, said on Friday that it has inked a deal with Merrill Lynch International to repurchase up to $250 million of shares at $0.20 per share as part of the first tranche of the share repurchase drive. This first tranche will commence on May 8...

  • Wynn Macau Q1 Operating Revenue Rises May 08, 2026 02:33 ET

    Wynn Macau, Ltd. (1128.HK, WYNMY), a developer, owner, and operator of luxury integrated casino resorts, on Friday reported higher operating revenue for the three months ended March 31 compared with the previous year. The increase was primarily driven by higher VIP and mass market table games win...

  • Odyssey Therapeutics Prices Upsized IPO Of 15.50 Mln Shares At $18/shr May 08, 2026 02:27 ET

    Odyssey Therapeutics Inc. announced the pricing of its upsized initial public offering of 15.50 million shares of common stock at $18.00 per share. The company has also granted underwriters a 30-day option to purchase up to an additional 2.33 million shares at the same price, less underwriting discounts...

  • IAG Q1 Profit Rises; Revenue Up 1.9% May 08, 2026 02:25 ET

    IAG (BAY.L, IAG.L, INR.DE, IAG.MC) reported that its first quarter profit after tax increased to 301 million euros from 176 million euros, prior year. Basic earnings per share, in euro cents, was 6.5 compared to 3.7. Operating profit before exceptional items was 351 million euros compared to 198 million...

  • Olin Turns To Q1 Loss, Sales Decline May 08, 2026 02:24 ET

    Olin Corporation (OLN), a manufacturer and distributor of chemical products, reported a first-quarter loss, primarily due to lower sales. Net loss attributable to Olin was $83 million or $0.73 per share, compared with net income of $1.4 million or $0.01 per share in the prior-year quarter. The...

  • Forward Air Q1 Loss Narrows, But Revenue Declines May 08, 2026 02:16 ET

    Forward Air Corporation (FWRD) reported a narrower first-quarter loss despite a decline in revenue, mainly helped by lower losses from other operations. The company posted a net loss of $40.20 million or $1.09 per share, down from a loss of $61.19 million or $1.68 per share in the prior-year period. In...

  • Logitech Launches New $1.4 Bln Share Buyback Program May 08, 2026 01:56 ET

    Logitech International SA (LOGN.SW) on Friday announced a new three-year $1.4 billion share buyback program, which is set to commence on May 8. "This $1.4 billion authorization, together with the $600 million previously approved in March 2025, aligns with the Company's stated capital allocation strategy...

  • Lonza: Q1 Performance In Line With Expectations; Confirms 2026 Outlook May 08, 2026 01:55 ET

    Lonza (LONN.SW) reported a strong first quarter performance across its CDMO business in line with the expected trajectory for full year 2026. The company noted that, as expected, CER sales growth and CORE EBITDA margin will be notably stronger in the first half of 2026 than in the second half. Lonza...

  • ALTEOGEN Q1 Net Income Declines May 08, 2026 01:32 ET

    ALTEOGEN Inc. (196170.KQ) reported first quarter net income attributable to shareholders of the parent company of 71.7 billion Korean won, a 13.8% decrease compared to 83.2 billion won, a year ago. Operating income was 39.3 billion won, down 35.6% from 61.0 billion won, last year. First quarter sales...

  • Mobia Medical Prices $150 Mln Share IPO May 08, 2026 01:31 ET

    Mobia Medical, Inc. (MOBI), on Friday announced that it has priced its initial public offering of 10 million common shares at $15.00 each. The medical device company expects to raise gross proceeds of about $150.0 million from this offering. All shares are being offered by Mobia Medical, which...

  • COWAY Q1 Operating Profit Rises May 08, 2026 00:53 ET

    COWAY (021240.KS) reported first quarter net income attributable to shareholders of the parent company of 182.0 billion Korean won, a 31.0% increase from the prior year period. Operating income was 250.9 billion won, up 18.8% year-over-year from 211.2 billion won, last year. First quarter sales were...

  • MercadoLibre Q1 Net Income Declines May 08, 2026 00:44 ET

    MercadoLibre (MELI) reported that its first quarter net income declined to $417 million from $494 million, prior year. Net income available to shareholders per common share was $8.23 compared to $9.74. Adjusted EBITDA declined to $857 million from $935 million. First quarter Net revenues and financial...

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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