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  • Fluor Corp. Reports Net Income In Q1 May 08, 2026 06:32 ET

    Fluor Corporation (FLR) reported first quarter net earnings attributable to Fluor of $160 million, compared to a net loss of $241 million in the same period of 2025. The company's earnings per share reached $1.08, compared to a loss per share of $1.42. Adjusted EBITDA declined to $61 million from $155...

  • Hantavirus-hit Cruise Ship To Dock In Tenerife On Sunday: Report May 08, 2026 06:16 ET

    A Hantavirus-hit cruise ship currently in the Atlantic Ocean is expected to dock in the Spanish island of Tenerife, off West Africa, on Sunday, according to the latest updates from the Spanish Health Ministry. The World Health Organization said one of its experts, Dutch doctors, and a European disease...

  • LY Corp. FY25 Earnings Rise; Guides FY27 May 08, 2026 06:11 ET

    LY Corp. (YAHOY, 4689.T), on Friday reported its higher net income in the full year 2025 compared with the previous year. For the full year 2025, net income attributable to the owners of the parent increased to 193.69 billion yen from 153.47 billion yen in the previous year. Earnings per share...

  • Interface Expects Q2 Sales To Improve, Lifts Annual Revenue Guidance; Stock Up 5% In Pre-Market May 08, 2026 06:06 ET

    Interface, Inc. (TILE), a flooring products company, on Friday initiated sales guidance for the second quarter and revised up its annual revenue outlook. For the second quarter of fiscal 2026, Interface anticipates sales of $385 million to $395 million. For the second quarter of fiscal 2025, the company...

  • US And Iran Exchange Fire In Strait Of Hormuz May 08, 2026 06:03 ET

    Even as U.S. President Donald Trump says a ceasefire with Iran still holds, both sides exchanged fire in the Strait of Hormuz Thursday. U.S. Central Command said its forces intercepted unprovoked Iranian attacks and responded with self-defense strikes as three U.S. Navy guided-missile destroyers transited the Strait of Hormuz to the Gulf of Oman. Iranian forces launched multiple missiles, drones

  • UMC April Sales Improve 10.8% Year-over-Year, Stock Down May 08, 2026 05:16 ET

    United Microelectronics Corp. (UMC, 2303.TW), a semiconductor foundry, on Friday reported an increase in net sales for April 2026, from the prior year. Cumulative sales for January through April were also up from the prior-year period. Net sales for the month of April grew 10.80 percent to NT$22.66...

  • Krones Q1 Profit Declines, Reaffirms FY26 Outlook May 08, 2026 04:57 ET

    Krones AG (KRNNF.PK, KRNTY.PK, KRN.DE), a manufacturer of packaging and bottling machines, on Friday reported a lower profit for the first quarter, compared to the prior year. The decline is attributed to reduced revenue during the quarter. Net income declined 9.6 percent to 68.6 million euros or...

  • 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...

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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