PulteGroup (PHM) announced that its Board of Directors has approved a $1.5 billion increase to the company's share repurchase authorization. This increase brings the current share repurchase authorization to $2.1 billion. Ryan Marshall, PulteGroup President and CEO, said: "Over the past 10 years,...
Utility PG&E Corp. (PCG), while reporting higher profit and revenues in its first quarter, on Thursday reaffirmed its fiscal 2026 outlook. In pre-market activity, the shares were gaining around 2.2 percent, trading at $17.26. For fiscal 2026, the company continues to expect adjusted core earnings...
While reporting financial results for the first quarter on Thursday, defense technology company Lockheed Martin Corp. (LMT) reaffirmed its earnings and net sales guidance for the full-year 2026. For fiscal 2025, the company continues to project earnings of in a range of $29.35 to $30.25 per share...
Dow (DOW) reported a first quarter net loss of $445 million compared to a loss of $290 million, prior year. Loss per share was $0.74 compared to a loss of $0.44. Operating EBITDA declined to $873 million from $944 million, last year. Operating loss per share was $0.14 compared to profit of $0.02. The...
Honeywell International Inc., while reporting weak profit but higher net sales for its first quarter, on Thursday reaffirmed its fiscal 2026 outlook amid the uncertainty stemming from the Middle East conflict. Further, the firm announced that it has agreed to sell its Warehouse and Workflow Solutions or WWS business in an all-cash transaction to American Industrial Partners.
With no progress in sight in easing tensions in the Middle East crisis, and the Strait of Hormuz continues to remain blocked, oil prices again crossed the $100 mark, rising for the fourth consecutive session. Brent crude is inching towards $104 per barrel on Thursday, increasing by 1.87 percent, while the US-traded WTI rose above $94. Even as President Donald Trump announced that he would extend
Galderma Group AG (GDERF, GALD.SW), a Swiss skincare firm, on Thursday reported sales growth for its first quarter, with improved performance in all segments. Further, Galderma confirmed its 2026 guidance of 17 percent to 20 percent year-over-year net sales growth and a Core EBITDA margin of about...
Safran SA (SAFRF.PK, SAF.PA), a French aircraft equipment manufacturer, reported Thursday higher total adjusted revenue in the first quarter. Further, the firm maintained fiscal 2026 outlook. In Paris, the shares were gaining around 2.3 percent, trading at 278.70 euros. The first-quarter consolidated...
Vossloh (VOS.DE) reported a first quarter net loss attributable to shareholders of 10.9 million euros compared to profit of 4.7 million euros, prior year. Loss per share from continuing operations was 0.62 euros compared to profit of 0.24 euros. Sales revenues increased to 314.6 million euros from 251.1...
Marvell Technology, Inc. (MRVL), a provider of infrastructure semiconductor solutions, announced the acquisition of Polariton Technologies, a developer of plasmonics-based silicon photonics devices, to strengthen its optical technology portfolio. Financial terms of the deal were not disclosed. The...
KB Financial Group (KB) on Thursday reported higher profit and sales for its first quarter. In the quarter, net income attributable to shareholders of parent company grew 11.5 percent to 1.89 trillion Korean won from last year's 1.70 trillion won. Operating income climbed 19 percent to 2.73 trillion...
London Stock Exchange Group (LSEG.L) reported Thursday higher gross profit and total income in its first quarter. Looking ahead for fiscal 2026, the firm said it is confident of further growth and improvement to EBITDA margin. The firm now projects organic constant currency growth in total income excluding...
BioMerieux (EYWN.MU, BIM.PA) reported first quarter consolidated sales of 984 million euros, down 10.4% as reported from last year. On an organic basis, sales were down 3.9%. The company said the decline was due to a weaker respiratory season compared with the exceptionally strong epidemiology in the...
French automajor Renault Group (RNSDY.PK, RNSDF.PK, RNT.L) reported Thursday higher revenues in its first quarter, driven by both Automotive and Mobilize Financial Services or MFS. In the first quarter, Group revenue was at 12.53 billion euros, a growth of 7.3 percent from last year's 11.68 billion...
Sartorius (SRT3.DE, SRT.DE) reported first quarter net profit of 56.2 million euros compared to 48.5 million euros, prior year. Underlying EBITDA was up slightly by 1.6 percent to 267 million euros compared to the prior year quarter. Underlying net profit decreased by 1.9 percent to 83 million euros,...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.