Stocks have shown a lack of direction over the course of the trading day on Wednesday, with the major averages bouncing back and forth across the unchanged line following the pullback seen in the previous session. Currently, the major averages are turning in a mixed performance.
JinkoSolar Holding Co. (JKS), solar module manufacturer, on Wednesday reported narrower loss for the first quarter from a year earlier despite lower revenue. Further, the company maintained its full- year shipment guidance. Quarterly Net loss narrowed to RMB 463.51 million or $67.19 million from...
After reporting an unexpected increase by U.S. crude oil inventories in the previous week, the Energy Information Administration released a report on Wednesday showing a sharp pullback by crude oil inventories in the week ended April 24th. The EIA said crude oil inventories plunged by 6.2 million...
New orders for U.S. manufactured durable goods rebounded by more than expected in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.2 percent in February.
Vulcan Materials Co. (VMC), a producer of construction aggregates, on Wednesday reported higher first-quarter results, and maintained fiscal 2026 earnings view. In pre-market activity, the shares were gaining around 5 percent, trading at $305.88. For fiscal 2026, the company now said it continues...
Following the pullback seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Traders may be reluctant to...
A report released by the Commerce Department on Wednesday showed a sharp increase in new residential construction in the U.S. in the month of March but a steep drop in building permits. The Commerce Department said housing starts soared by 10.8 percent to an annual rate of 1.502 million in March after tumbling by 3.0 percent to a rate of 1.356 million in February.
New orders for U.S. manufactured durable goods rebounded by more than expected in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.2 percent in...
CTS Corporation (CTS) said it is narrowing 2026 sales guidance to a range of $560-$580 million from a range of $550-$580 million. The company now expects adjusted EPS in a range of $2.35-$2.45, revised from prior outlook of $2.30-$2.45. First quarter earnings totaled $17.20 million, or $0.59 per...
Biopharmaceutical company AbbVie, Inc. (ABBV), while reporting weak profit in its first quarter despite revenue growth, on Wednesday raised outlook for fiscal 2026 adjusted earnings. In pre-market activity, the shares were gaining around 2.3 percent, trading at $202.00. For fiscal 2026, the company...
Automatic Data Processing, Inc. (ADP), a provider of cloud-based human capital management solutions, on Wednesday reported its higher net income in the third quarter compared with the previous year. For the third quarter, net income increased to $1.36 billion from $1.25 billion in the previous year....
Wednesday, Waldencast plc (WALD) announced the conclusion of the U.S. Securities and Exchange Commission investigation regarding the company's restatement of its financial results and material weaknesses in its internal control over financial reporting related to historical accounting practices used...
While reporting financial results for the first quarter on Wednesday, Federal Signal Corp. (FSS) raised its adjusted earnings and net sales guidance for the full year 2026, based on better-than-expected first quarter performance, current backlog, and continued execution against strategic initiatives. For...
A federal grand jury in the Eastern District of North Carolina has returned an indictment charging former FBI director James Comey with making threats to the life of President Donald Trump. The accusation stems from an image he posted on social media last year, which was retracted later as it turned controversial. The Indictment includes two counts. According to the Department of Justice, the fi
Teva Pharmaceutical Industries (TEVA) said, for 2026, non-GAAP operating income is now projected in a range of $3.80 - $4.0 billion, revised from $4.55 - $4.8 billion stand-alone outlook, impacted by an expected $700 million IPR&D charge and $75 million to reflect Emalex's operating expenses and transaction-related...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.