Italian luxury sports carmaker Ferrari N.V. (RACE) reported Tuesday that its net profit for the first quarter increased to 413 million euros or 2.33 euros per share from 412 million euros or 2.30 euros per share in the prior-year quarter. Net revenues for the quarter increased 3 percent to 1.85 billion...
DuPont de Nemours, Inc. (DD), a chemical company, reported Tuesday a profit in its first quarter, compared to prior year's loss, on the absence of prior year's loss on discontinued operations, and higher net sales. Further, the firm issued second-quarter outlook, raised fiscal 2026 view, and announced...
Waters Corporation (WAT), a provider of analytical instruments, diagnostics technologies, scientific software, and others, on Tuesday posted a net loss for the first quarter. However, the company's revenue surged, helped by the newly acquired businesses. For the three-month period to April 4, the...
While reporting financial results for the first quarter on Tuesday, industrial technology company EnPro, Inc. (NPO) raised its adjusted earnings and revenue growth guidance for the full-year 2026, based on solid first quarter performance and improving order trends. For fiscal 2026, the company now...
Marathon Petroleum Corporation (MPC) on Tuesday reported a return to profitability in the first quarter, mainly supported by higher revenue. Net income attributable to shareholders was $511 million, reversing a loss of $74 million reported in the prior-year quarter. Earnings per share came in at $1.73,...
Revvity, Inc. (RVTY), a health science solutions company, on Tuesday reported higher net income in the first quarter compared with the previous year. For the first quarter, income from operations increased to $40.89 million from $41.67 million in the previous year. Earnings per share were $0.37...
While reporting financial results for the first quarter on Tuesday, pet healthcare provider IDEXX Laboratories, Inc. (IDXX) raised its earnings and revenue guidance for the full-year 2026. For fiscal 2026, the company now projects earnings in a range of $14.45 to $14.90 per share on revenues between...
Tuesday, Bullish (BLSH) announced a definitive agreement to acquire Equiniti, a global transfer agent and provider of mission-critical shareholder services, for $4.2 billion. The total consideration comprises $1.85 billion of assumed Equiniti debt and approximately $2.35 billion in Bullish stock consideration. The...
Archer-Daniels-Midland (ADM) said the company is raising its full-year 2026 adjusted EPS guidance, underpinned by the expectation of ongoing progress related to company priorities and the sustainment of a constructive environment following recent U.S. biofuels policy clarity. ADM now expects 2026 adjusted...
Amid claims and counter-claims of strikes and confrontations in the Strait of Hormuz between Iran and the United States, UN maritime officials continue to urge vessels to exercise "maximum caution". "We are aware of the reports but do not have further details. We continue to urge ships to practice...
Leidos Holdings, Inc. (LDOS), a provider of technology and engineering services, on Tuesday reported that its first quarter net income declined, but adjusted net income increased compared with the previous year. For the first quarter, net income attributable to the company stockholders declined to...
The fragile ceasefire in the Middle East appears to have shaken as both the U.S., Iranian military fired shots in the Strait of Hormuz Monday. Iran claimed that it had hit a US naval vessel, preventing it from entering the Strait, but the US denied there had been any strike. U.S. military said guided-missile destroyers, more than 100 land and sea-based aircraft, multi-domain unmanned platforms,
Kosmos Energy Ltd. (KOS), a deepwater exploration and production company, Tuesday reported a wider net loss for the first quarter, despite revenue growth. Costs, and expenses, especially net derivative and exploration expenses were significantly up and that weighed on the bottom line. In pre-market...
Shares of Fresenius Medical Care AG (FMS, FME.DE) were losing around 4 percent in German trading as well as in pre-market activity on the NYSE, after the company reported lower profit and revenues in its first quarter. Further, the German provider of products and services for patients with renal diseases...
FLSmidth & Co. A/S (FLS.CO, FLIDF), an engineering company, on Tuesday announced that it has been awarded contracts worth approximately DKK 300 million to supply key technologies for a Banded Hematite Quartzite iron ore beneficiation project in South Asia. The order was booked in the second quarter...
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.