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  • International Flavors & Fragrances Swings To Net Income In Q1, Reaffirms FY26 Outlook May 05, 2026 17:41 ET

    Tuesday, International Flavors & Fragrances Inc. (IFF) announced financial results for the first quarter, reporting a net income of $169 million, or $0.66 a share, compared with a net loss of $1.018 billion, or $3.98 a share, last year. On an adjusted basis, net income stood at $211 million compared...

  • Jacobs Solutions Slips To Loss In Q2 Despite Strong Revenue Growth May 05, 2026 17:26 ET

    Tuesday, Jacobs Solutions Inc. (J) announced its second-quarter financial results, reporting a net loss from continuing operations of $42.9 million, or $0.32 a share, compared with a net profit of $11.2 million, or $0.10 a share, last year. Adjusted net earnings from continuing operations amounted...

  • ProAssurance Turns To Profit In Q1 May 05, 2026 17:15 ET

    Tuesday, ProAssurance Corporation (PRA) announced its first-quarter financial results, reporting a net income of $8.5 million, or $0.16 per share, compared with a net loss of $5.8 million, or $0.11 per share, last year. Total revenues declined 3.5 percent, to $262.6 million from $272.1 million in...

  • Unisys Corp Q1 Net Loss Widens, Reaffirms FY26 Revenue Growth May 05, 2026 17:07 ET

    Tuesday, Unisys Corporation (UIS) announced the first-quarter financial results, reporting net loss attributable to the company of $35.8 million, or $0.50 a share, compared to last year's $29.5 million, or $0.42 a share. On an adjusted basis, net loss attributable to the company amounted to $9.9 million,...

  • Adaptive Biotechnologies Q1 Loss Narrows May 05, 2026 16:55 ET

    Tuesday, Adaptive Biotechnologies Corporation (ADPT) announced financial results for the first quarter, revealing a net loss attributable to the company of $20.03 million, or $0.13 a share, compared to $29.6 million, or $0.20 a share, in the prior year. Loss from operations amounted to $19.2 million...

  • Manitowoc Company Posts Narrower Loss In Q1 May 05, 2026 16:46 ET

    Tuesday, The Manitowoc Company, Inc. (MTW) announced the first-quarter financial results, reporting a net loss of $6.0 million, or $0.17 a share, compared to $6.3 million, or $0.18 a share, in the prior year. On an adjusted basis, loss amounted to $4.6 million, or $0.13 a share, compared to $5.7 million,...

  • Amazon Partners Transaera To Expand Use Of High-Efficiency Heat Pump Technology May 05, 2026 10:26 ET

    Amazon.com, Inc. (AMZN) and Transaera, a cooling and dehumidification systems provider, announced Tuesday a new collaboration following a successful six-month field trial of Transaera's rooftop-based cooling technology at an Amazon logistics facility. The extended trial demonstrated consistent energy...

  • Expeditors Q1 Earnings Rise May 05, 2026 09:19 ET

    Expeditors International of Washington, Inc. (EXPD), on Tuesday reported higher income in the first quarter of 2026 compared with the previous year, supported by strong execution during a period of disruption, with the company leveraging its non-asset-based model to grow revenue and margins, while quickly...

  • Cummins Raises 2026 Outlook May 05, 2026 09:05 ET

    Cummins Inc. (CMI) said it is raising full-year 2026 revenue guidance to be up 8% to 11%, due to stronger demand across several markets, particularly North America on-highway and power generation. EBITDA is expected to be in the range of 17.75% to 18.50%, up from prior guidance of 17.0% to 18.0%, excluding...

  • Solaris Unit Plans $1.3 Bln Senior Notes Offering May 05, 2026 08:57 ET

    Solaris Energy Infrastructure, Inc. (SEI), said Tuesday that its subsidiary Solaris Energy Infrastructure, LLC, a subsidiary of Solaris, intends to offer $1.3 billion of senior notes due 2031. The company plans to use the net proceeds to repay certain outstanding borrowings, pay related fees and...

  • JNJ Announces Significant Data From Two Studies Of JNJ-4804 May 05, 2026 08:48 ET

    Tuesday, Johnson & Johnson (JNJ) announced Phase 2b data from two studies evaluating JNJ-4804 in patients with moderately to severely active ulcerative colitis or Crohn's disease. In the DUET-CD study, JNJ-4804a demonstrated higher clinical remission rates and endoscopic response rates than golimumab...

  • Avista Q1 Net Income Rises; Confirms 2026 Utility Earnings Guidance May 05, 2026 08:43 ET

    Avista (AVA) reported net income of $92 million, or $1.11 per share, for the first quarter compared to $79 million, or $0.98 per share, prior year. The company said its net income increased primarily due to increased utility margin resulting from the effects of general rate cases and net investment gains...

  • J&J Reports Positive Phase 3 Results For TREMFYA In Perianal Fistulizing Crohn's Disease May 05, 2026 08:30 ET

    Johnson & Johnson (JNJ) on Tuesday announced positive results from the Phase 3 FUZION study evaluating TREMFYA in adults with active perianal fistulizing Crohn's disease. The study met its primary endpoint of combined fistula remission at Week 24, defined as complete closure of all external fistula...

  • Huntington Ingalls Q1 Earnings Steady; Reaffirms FY26 Outlook May 05, 2026 08:15 ET

    Huntington Ingalls Industries, Inc. (HII), on Tuesday reported maintained net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income remained at $149 million compared with the previous year. Earnings per share were $3.79. Operating income declined...

  • Atkore Reports Wider Q2 Loss, Maintains FY26 Outlook; Stock Up May 05, 2026 08:10 ET

    Atkore Inc. (ATKR), a manufacturer of electrical products, on Tuesday reported a wider net loss for the second quarter compared to the prior year despite an increase in revenue. In pre-market activity on the NYSE, shares of Atkore were gaining 3.53 percent, trading at $76.25, after closing Monday's...

Global Economics Weekly Update - April 27 – May 01, 2026

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.

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