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  • Ecopro BM Q1 Operating Profit Rises April 29, 2026 00:38 ET

    Ecopro BM (247540.KQ) reported first quarter net income of 12.2 billon Korean won compared to a loss of 10.0 billion won, prior year. Operating income was 20.9 billion won, up 822.6% from last year. First quarter sales were 605.4 billion Korean won, a decline of 3.9% from a year ago. For the second...

  • Amorepacific Q1 Operating Profit Rises; Revenue Up 6.4% April 28, 2026 23:47 ET

    Amorepacific (090435.KS, 090430.KS) reported first quarter net income of 113.0 billion Korean won, a decline of 5.0% from a year ago. Operating profit for the first quarter was 126.7 billion won, an increase of 7.6% from prior year. First quarter revenue was 1.14 trillion won, compared to 1.07 trillion...

  • Vale Q1 Net Income Rises April 28, 2026 23:34 ET

    Vale (VALE) reported first quarter net income attributable to shareholders of $1.89 billion, up 36% from a year ago. Earnings per share was $0.44 compared to $0.33. Adjusted EBITDA was $3.83 billion, up 23%. Proforma net income attributable to shareholders was $1.89 billion, an increase of 29% from...

  • Report OpenAI Missed Key Targets Weighs On Wall Street April 28, 2026 16:09 ET

    After ending yesterday's choppy session narrowly mixed, stocks moved mostly lower during trading on Tuesday. The major averages all moved to the downside on the day, with the tech-heavy Nasdaq showing a notable slump. The major averages ended the day off their lows of the session but still in negative territory.

  • Did Amgen's Subsidiary Manipulate Data To Secure Tavneos Approval? April 28, 2026 11:19 ET

    It takes 10-15 years and billions of dollars for a pharma company to bring a drug to the market. Now imagine that after years of effort, time, and investment, a company is forced to pull the drug from the market because the data used to secure approval was manipulated. That is the situation unfolding with ChemoCentryx's Tavneos, which received FDA approval in October 2021.

  • U.S. Stocks Move Mostly Lower On Report OpenAI Missed Key Targets April 28, 2026 11:07 ET

    Following the lackluster performance seen in the previous session, stocks have moved mostly lower during trading on Tuesday. The tech-heavy Nasdaq has shown a notable move to the downside, pulling back off yesterday's record closing high.

  • U.S. Consumer Confidence Index Unexpectedly Inches Higher In April April 28, 2026 10:18 ET

    Despite spiking gasoline prices, the Conference Board released a report on Tuesday showing an unexpected improvement in U.S. consumer confidence in the month of April. The Conference Board said its consumer confidence index crept up to 92.8 in April from an upwardly revised 92.2 in March.

  • Starboard Delivers Letter To Dynatrace Urging AI-Driven Growth And Margin Expansion April 28, 2026 09:35 ET

    Tuesday, Starboard Value LP, one of the largest shareholders of Dynatrace, Inc. (DT), announced that it has delivered a letter to the company's Chief Executive Officer, Rick McConnell, Chief Financial Officer, Jim Benson, and its Board of Directors. The letter stated that Starboard believed enterprise...

  • GM Q1 Results Down, Cuts FY26 Reported Earnings View, Lifts Adj. EPS Outlook April 28, 2026 09:34 ET

    Automajor General Motors on Tuesday trimmed fiscal 2026 outlook for reported earnings, but lifted forecast for adjusted earnings to reflect tariffs impact, after reporting weak results in its first quarter. In the pre-market activity on the NYSE, General Motors shares were losing around 1.5 percent.

  • Abbott Wins FDA Clearance, CE Mark For Ultreon 3.0 Coronary Imaging Platform April 28, 2026 09:19 ET

    Abbott Laboratories (ABT) on Tuesday said it received U.S. Food and Drug Administration (FDA) clearance and CE Mark for its next-generation Ultreon 3.0 AI-powered coronary imaging platform. The system uses optical coherence tomography (OCT) to provide real-time guidance to doctors during minimally...

  • Watsco Agrees To Acquire Jackson Supply Company For Undisclosed Sum April 28, 2026 09:16 ET

    Watsco, Inc. (WSO), a distributor of air conditioning, heating and refrigeration equipment, announced on Tuesday that it has agreed to acquire Jackson Supply company, a sunbelt HVAC distributor. The financial details of the transaction, expected to close in the second quarter, have not been divulged. Jackson...

  • Purple Innovation CFO Todd Vogensen To Step Down; Robert Lucian To Succeed April 28, 2026 09:05 ET

    Purple Innovation, Inc. (PRPL) announced Tuesday that Chief Financial Officer Todd Vogensen will depart the Company effective May 1, 2026, to pursue another opportunity. The Company also announced the appointment of Robert Lucian as Chief Financial Officer, effective April 27, 2026. Lucian is a seasoned...

  • Tech Stocks May Lead Early Slump On Wall Street April 28, 2026 08:57 ET

    After ending yesterday's choppy session narrowly mixed, stocks are likely to move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.7 percent. Technology stocks are likely to lead the way...

  • Profluent Inks Up To $2.25 Bln Deal With Lilly For Genetic Medicines April 28, 2026 08:55 ET

    Profluent, an AI-first protein design company, on Tuesday announced a multi-program partnership with Eli Lilly and Company worth up ?to $2.25 billion to develop AI-designed enzymes for genetic medicines. The deal includes an upfront payment, along with potential development and commercial milestone...

  • ArcBest Slips To Q1 Net Loss April 28, 2026 08:54 ET

    ArcBest (ARCB), a logistics company, Tuesday reported a loss in the first quarter compared with profit last year, despite higher revenues. For the First quarter, Net loss was $1.04 million or $0.05 per share, compared with the net income of $3.13 million or $0.13 per share, in the prior year. The...

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.