Turbogen Ltd. said it is currently conducting negotiations to acquire a 50% stake in Elbatech Ltd., currently held by Abu Yehiel - Construction Company, a company controlled by businessman Tzachi Abu. The proposed transaction reflects an implied company valuation for Elbatech of approximately ILS 1.2...
The U.S. forces have launched fresh attacks targeting Iranian missile sites in southern Iran and boats suspected of preparing to lay mines in the Strait of Hormuz. The U.S. Central Command described the latest round of strikes as defensive actions. "US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces," Centcom spokesperson Ca
Univar Solutions B.V., a unit of Univar Solutions LLC , a chemicals and ingredients distributor, on Tuesday said its Ingredients + Specialties segment expanded its partnership with Dow Inc. (DOW). Under the new agreement, the company will distribute Dow's silicone additives for plastics and composites...
Tuesday, Flight Centre Travel Group Limited (FGETF.PK) shared a trading update, stating that despite strong results during the 9 months till March 31, the early fourth quarter has been heavily impacted by Middle East tensions. Meanwhile, the expected share of profit for the full year 2026 is anticipated...
CleanSpace Holdings Ltd. (CSX.AX), an Australia-based designer and manufacturer of respiratory protection equipment for industrial and healthcare solutions, on Tuesday announced that Operating EBITDA for the year to June 30 is expected to be a "small loss." Further, the company now expects full-year...
Lithia & Driveway (LAD) announced Tuesday that it increased its share repurchase authorization by $500 million, bringing its remaining authorization to $726 million. Since March 31, the company has repurchased about 505,000 shares for more than $137 million at a weighted average price of $272 per...
JOYY Inc. (JOYY), a Singapore -based technology company, late Monday reported sharply lower profit for the first quarter of 2026, due to the absence of a hefty gain on the disposal of YY Live in the previous year. on a continuing operations basis, the company recorded higher net income with growth in...
Fisher & Paykel Healthcare Corp. Ltd. (FPH.AX, FSPKF, FPH.NZ), a New Zealand-based medical device company, on Tuesday posted higher profit for fiscal 2026 as revenue rose. Further, the company raised dividend, and issued fiscal 2027 outlook, expecting year-over-year growth. On the ASX, shares of Fisher...
Kingfisher (KGF.L) reported first quarter Total Group sales of 3.3 billion pounds, up 1.4% as reported. Total sales including marketplace Gross merchandise sales was up 0.8%. Group like for like sales declined 0.9%. Underlying like for like sales were down 0.7%. For fiscal 26/27, the Group expects adjusted...
Trinseo PLC (TSEOF), a materials solutions provider, on Tuesday announced that it has started the next step in its financial restructuring plan with support from lenders holding the majority of its debt. The company said the plan is expected to reduce its debt by about $2 billion and reduce annual...
ASX Limited (ASXFY.PK, ASXFF.PK, ASX.AX) reported Monday higher operating revenue for the financial year to date period, and confirmed fiscal 2026 guidance for capex and expenses. Further, the firm said it expects to record divestment loss in fiscal 2026 related to its agreement to sell its 49 percent...
Goodman Group (GMGSF.PK), a provider of essential infrastructure, said it remains on track to deliver at least 9% operating EPS growth in fiscal 2026. Chief Executive Officer Greg Goodman said, "The Group has progressively repositioned its portfolio toward large, infrastructure-scale industrial assets...
Imperial Metals Corp. (IPMLF, III.TO) announced Monday that the Toronto Stock Exchange accepted its notice to launch a normal course issuer bid to repurchase up to 890,855 common shares. The shares represent 0.5% of Imperial's issued and outstanding common shares as of May 20. The purchases under...
SATS Ltd (S58.SI) reported fourth quarter profit attributable to owners of the company of S$50.7 million, an increase of 31% from a year ago. Earnings per share, in cents, was 3.4 compared to 2.6. The company said the improvement was partly supported by lower tax expenses in the current period. Operating...
Done.ai Group AB (DONE.ST) said its Board of Directors has resolved to initiate a formal evaluation of strategic alternatives for Done.ai. The alternatives under consideration include continued independent execution against the company's financial targets, as well as a potential sale, co-investment,...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.