Regal Rexnord Corporation (RRX) a manufacturer of electric motors and power transmission components based in Milwaukee, Wisconsin, named Aamir Paul as its next Chief Executive Officer, with his tenure set to begin no later than July 1 following the conclusion of his duties at Schneider Electric SE. Paul...
Merck & Co., Inc. (MRK), on Wednesday, announced a multi-year partnership with Alphabet Inc.'s (GOOG), Google Cloud to accelerate its transformation into an AI-enabled enterprise, with an investment of up to $1 billion. The collaboration will deploy an agentic AI platform across Merck's research and...
Wednesday, SAP SE (SAP) announced a partnership with Google Cloud to help marketers put AI agents to work at scale. Under the partnership, Gemini Enterprise will act as a central hub for data integrations and multi-agent coordination, which will be supported by the SAP Business Data Cloud Connect...
Picard Medical, Inc. (PMI), Wednesday announced preliminary revenues for the first quarter, reporting 79.9 percent surge to $1.1 million from last year's $0.6 million, reflecting higher utilization of the SynCardia Total Artificial Heart and increased driver rental income. Additionally, the company...
First Bancorp (FBNC, FBP), on Wednesday reported higher net income in the first quarter compared with the previous year. For the first quarter of 2026, net income increased to $88.78 million from $77.06 million in the previous year. Earnings and adjusted earnings per share were $0.57 versus $0.47...
Teledyne Technologies (TDY) increased its full year 2026 GAAP earnings per share outlook to $20.08 to $20.44 compared with the prior outlook of $19.76 to $20.22. The company also increased full year 2026 non-GAAP earnings per share outlook to $23.85 to $24.15, compared with the prior outlook of $23.45...
KeyCorp (KEY) on Wednesday said it has agreed to acquire Clearwater Corporate Finance LLP, a UK-based middle market investment banking advisory firm. Financial terms of the deal were not disclosed. KeyCorp said the deal marks its entry into the Western European market, expanding its financial advisory...
Vertiv Holdings Co (VRT), an American provider of infrastructure and services, Wednesday reported higher first quarter profit as revenue increased. Further, the company raises full year 2026 guidance For the first quarter, Net earnings came in at $390.1 million or $0.99 per share compared to $164.5...
Westinghouse Air Brake Technologies Corp. (WAB), on Wednesday reported higher net income in the first quarter compared with the previous year, primarily due to strong sales growth driven by its Freight and Transit segments. For the first quarter of 2026, net income attributable to the company's shareholders...
New Oriental Education & Technology Group Inc. (EDU), on Wednesday reported higher earnings in the third quarter compared with the previous year, primarily driven by strong growth in core and new education businesses, increased enrollments and users, and improved operational efficiency. For the third...
Elevance Health, Inc. (ELV) on Wednesday revised its annual earnings outlook. Gail K. Boudreaux, CEO of Elevance Health, said: "We are raising our full-year adjusted EPS guidance, supported by greater visibility into the balance of the year. Our actions are driving more consistent performance and...
Cboe Global Markets, Inc. (CBOE) on Wednesday said it has agreed to sell its Canadian and Australian equities exchanges, Cboe Canada and Cboe Australia, to TMX Group Limited for $300 million. The divestment is part of Cboe's strategic realignment to focus more on its core strengths and emerging opportunities...
TrustCo Bank Corp NY (TRST), posted higher profit for the first quarter on Wednesday, with growth in net interest income outpacing a decline in non-interest income. For the first quarter, net income came in at $16.29 million or $0.91 per share compared to $14.28 million or $0.75 per share last year. Net...
Yesway, Inc., a convenience store operator, announced that it has priced its initial public offering of 14 million shares of Class A common stock at $20.00 per share. Shares are expected to begin trading on the Nasdaq under the ticker 'YSWY' on April 22. The offering is expected to close on April...
TUI AG (TUI1.DE) said it expects second quarter underlying EBIT at constant currency to rise 5 million to 25 million euros from prior year level. The Group said its strong financial position and robust balance sheet provide flexibility to navigate the current environment while executing its strategic...
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.