Lockheed Martin (LMT) has been chosen by the U.S. Space Force Space Systems Command to develop capabilities supporting the Space-Based Interceptor (SBI) program. This milestone marks significant progress toward fielding core elements of an integrated, layered homeland defense solution, the company said. The...
Incyte (INCY) announced that the U.S. Food and Drug Administration has approved Jakafi XR (ruxolitinib) extended-release tablets for the treatment of adults with intermediate- or high-risk myelofibrosis (MF), adults with polycythemia vera (PV) who have had an inadequate response to or are intolerant...
DISH Network announced that it has reached a new carriage agreement with Gray Media, restoring 226 local television channels across 113 markets in the United States. As part of the deal, DISH subscribers once again have access to a wide range of programming, including local affiliates of ABC, CBS,...
After showing a strong move to the upside early in the session, stocks gave back ground over the course of the trading day on Friday. The major averages pulled back well off their highs of the session, with the Dow sliding into negative territory. The major averages eventually ended the day mixed.
Stocks have moved mostly higher during trading on Friday, extending the strong upward move seen over the course of the previous session. With the continued advance, the Nasdaq and the S&P 500 have reached new record intraday highs. Currently, the major averages are well off their highs of the session but still in positive territory.
Manufacturing activity in the U.S. expanded for the fourth consecutive month in April, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI came in at 52.7 in April, unchanged from March. While a reading above 50 still indicates growth, economists had expected the index to inch up to 53.0.
Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that first-quarter net income declined to C$940 million or C$1.94 per share from C$1.29 billion or C$2.52 per share in the prior-year quarter. Total revenues and other income for the quarter edged down to C$12.45 billion from C$12.52 billion in the...
Amtech Systems, Inc. (ASYS), Friday announced the appointment of Thomas Sabol as Chief Financial Officer, effective May 14, 2026. He will replace interim CFO Mark Weaver. The manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication...
Friday, Asia Pacific Wire & Cable Corporation Limited (APWC) announced that Chief Financial Officer Ben Lee has stepped down from the position. The company added that Lee has been replaced by Brian Ma, who has assumed the role of acting CFO, effective April 30, 2026. Before joining APWC, Mr. Ma...
Hyundai Motor America reported Friday that it sold a total of 80,157 units in April 2026, down 2 percent from last year's 81,503 units, driven by electrified vehicles that accounted for one-third of total sales. The company posted multiple best-ever April results led by Sonata Hybrid and Elantra Hybrid....
Liberty Global Ltd. (LBTYA) issued its first quarter financial results. Liberty Global consolidated net income was $358.2 million compared to a loss of $1.32 billion, prior year. Total consolidated adjusted EBITDA was $366.5 million compared to $324.6 million. Consolidated adjusted EBITDA less P&E Additions...
Occidental Petroleum Corporation (OXY), a hydrocarbon explorer, said on Friday that it has appointed its chief operating officer, Richard Jackson, as chief executive officer. He will succeed Vicki Hollub as CEO upon her retirement on June 1. Occidental has also announced that Jackson will join the board with...
Prices of the yellow metal decreased on Friday as markets digested the likelihood of interest rates remaining high for longer than expected, owing to the unresolved geopolitical situation in the Middle East.
Dominion Energy, Inc. (D), while reporting weak first-quarter earnings despite higher revenues, on Friday reaffirmed its fiscal 2026 outlook. For fiscal 2026, the regulated electricity service provider continues to expect operating earnings guidance range of $3.45 to $3.69 per share, midpoint of $3.57...
Stocks may move to the upside in early trading on Friday, extending the rally seen 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 0.3 percent. Apple (AAPL) may help lead an extended advance on...
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.