With imports increasing by modestly more than exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened roughly in line with economist estimates in the month of March. The Commerce Department said the trade deficit grew to $60.3 billion in March from a revised $57.8 billion in February.
Expeditors International of Washington, Inc. (EXPD), on Tuesday reported higher income in the first quarter of 2026 compared with the previous year, supported by strong execution during a period of disruption, with the company leveraging its non-asset-based model to grow revenue and margins, while quickly...
Cummins Inc. (CMI) said it is raising full-year 2026 revenue guidance to be up 8% to 11%, due to stronger demand across several markets, particularly North America on-highway and power generation. EBITDA is expected to be in the range of 17.75% to 18.50%, up from prior guidance of 17.0% to 18.0%, excluding...
While reporting financial results for the first quarter on Tuesday, Sotera Health, LLC (SHC) reaffirmed its adjusted earnings and revenue guidance for the full-year 2026. For fiscal 2026, the company continues to project adjusted earnings in the range of $0.93 to $1.01 per share on revenues between...
Gold prices rebounded on Tuesday after the plunge on Monday amidst the spike in crude oil prices.
Solaris Energy Infrastructure, Inc. (SEI), said Tuesday that its subsidiary Solaris Energy Infrastructure, LLC, a subsidiary of Solaris, intends to offer $1.3 billion of senior notes due 2031. The company plans to use the net proceeds to repay certain outstanding borrowings, pay related fees and...
Stocks may move to the upside in early trading on Tuesday, regaining ground after coming under pressure over the course of the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest may be...
Tuesday, Johnson & Johnson (JNJ) announced Phase 2b data from two studies evaluating JNJ-4804 in patients with moderately to severely active ulcerative colitis or Crohn's disease. In the DUET-CD study, JNJ-4804a demonstrated higher clinical remission rates and endoscopic response rates than golimumab...
While reporting financial results for the first quarter on Tuesday, energy utility WEC Energy Group, Inc. (WEC) reaffirmed its earnings guidance for the full-year 2026 in the range of $5.51 to $5.61 per share. In Tuesday's pre-market trading, WEC is trading on the NYSE at $116.32, down $0.14 or 0.12...
Avista (AVA) reported net income of $92 million, or $1.11 per share, for the first quarter compared to $79 million, or $0.98 per share, prior year. The company said its net income increased primarily due to increased utility margin resulting from the effects of general rate cases and net investment gains...
While reporting financial results for the first quarter on Tuesday, Gartner, Inc. (IT) raised its adjusted earnings guidance for the full-year 2026, while trimming its annual revenue outlook. For fiscal 2026, the company now projects adjusted earnings of $13.25 per share on revenues of $6.405 billion....
With imports increasing by modestly more than exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened roughly in line with economist estimates in the month of March. The Commerce Department said the trade deficit grew to $60.3 billion in March from a revised...
Johnson & Johnson (JNJ) on Tuesday announced positive results from the Phase 3 FUZION study evaluating TREMFYA in adults with active perianal fistulizing Crohn's disease. The study met its primary endpoint of combined fistula remission at Week 24, defined as complete closure of all external fistula...
Both Brent and WTI crude oil price benchmarks eased on Tuesday after surging heavily on Monday amidst fears of the latest flare-up in the Strait of Hormuz jeopardizing the U.S.-Iran ceasefire.
While reporting financial results for the first quarter on Tuesday, Duke Energy Corp. (DUK) reaffirmed its adjusted earnings guidance for the full-year 2026 in the range of $6.55 to $6.80 per share. The company also reaffirmed its guidance for long-term adjusted earnings per share growth rate of 5...
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.