Shares of Meta Platforms, Inc. (META) are regaining ground during Friday morning trading after moving down more than 2 per cent yesterday, following several media reports that the tech giant plans to cut 10 percent of its workforce, about 8,000 employees, starting May 20. Citing an internal memo,...
Shares of MaxLinear, Inc. (MXL) are surging about 67 percent on Friday morning trading, possibly due to the company's announcement yesterday regarding narrower loss in the first quarter. The company's shares are currently trading at $57.53 on the Nasdaq, up 67.65 percent. The stock opened at $53.70...
Ryde Group Ltd (RYDE), a Singapore-based ride-hailing and carpooling company, reported Friday a narrower net loss for its fiscal 2025 compared to prior year, as revenues increased. For the full year, net loss narrowed to S$17.79 million or S$0.40 per share from loss of S$18.45 million or S$0.87 per...
Deluxe Corp. (DLX), a Minneapolis-based financial services technology and marketing company, on Friday, announced the appointment of Paul Garcia as independent Chair of its Board of Directors. Garcia has served on the board since 2020 and succeeds Cheryl Mayberry McKissack, who is retiring. Garcia...
The Procter & Gamble Company (PG), a major consumer goods company, on Friday reaffirmed annual guidance. For fiscal 2026, Procter & Gamble still expects net earnings per share to increase 1% to 6% from last year's $6.51 per share. The company continues to anticipate core earnings per share growth...
Wheels Up Experience Inc. (UP), an on-demand private aviation services provider, on Friday said Erik Snell, executive vice president and chief financial officer of its majority shareholder Delta Air Lines, Inc. (DAL), has been appointed to the board as a Delta designee, replacing Dan Janki. Snell,...
SLB N.V. (SLB), an oilfield services and technology company, on Friday reported its net income declined in the first quarter compared with the previous year due to Middle East disruptions that curtailed activity across key segments, along with margin compression and weaker underlying performance. First...
Fanuc Corp. (FANUY, FANUF, 6954.T), a Japanese manufacturer specializing in factory automation, industrial robots, and machinery, reported Friday higher profit and net sales for fiscal 2025. Further, the firm issued outlook for first half and fiscal 2026, expecting growth in earnings and net sales. Annual...
Nomura Research Institute (NR7.F, 4307.T) reported fiscal year profit attributable to owners of parent of 15.3 billion yen compared to 93.8 billion yen, prior year. Profit per share was 26.62 yen compared to 163.56 yen. For the fiscal year ended March 31, 2026, revenue was 814.71 billion yen, up 6.5%...
Kikkoman (2801.T) reported fiscal year profit attributable to owners of the parent of 61.6 billion yen, down 0.1% from last yer. Basic earnings per share was 65.99 yen compared to 64.99 yen. Business profit was 79.5 billion yen, up 2.9%. For the Year Ended March 31, 2026, revenue was 745.54 billion yen,...
Japan's Chugai Pharmaceutical Co., Ltd. (CHGCF.PK, 4519.T) reported Friday higher profit and revenues for its first quarter, and maintained fiscal 2026 outlook In the first quarter, net income attributable to Chugai shareholders grew 18.7 percent to 115.42 billion Japanese yen from last year's 97.23...
Mitchells & Butlers (MLB, MAB.L, MBPFF), an operator of managed restaurants and pubs, said Friday that Chief Financial Officer designate Emma Harris joined the firm on April 20. Chief Financial Officer and Executive Director Tim Jones will retire at close of business on July 6. Jones joined as CFO...
J Sainsbury plc (SBRY.L, JSAIY.PK), a British supermarket chain, on Friday announced that it has commenced a share buyback programme of up to 300 million pounds, which is to be completed by February 27, 2027. The first tranche of up to 200 million pounds share buyback started Friday and will run until...
Yara (YAR.OL) reported that its first quarter net income attributable to shareholders of the parent increased to $326 million from $294 million, prior year. Basic earnings per share was $1.28 compared to $1.15. EBITDA excluding special items was $896 million compared to $638 million. Adjusted earnings...
Italian energy major Eni S.P.A. (E) reported Friday lower profit in its first quarter, despite growth in revenues and production amid the challenges of volatile energy markets. Further, the company has raised its proposed share buyback by around 90 percent to 2.8 billion euros from initial plan of...
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.