U.S. coal miner Peabody Energy Corporation (BTU) said on Thursday it plans to offer $225 million in convertible senior notes due 2031, with an option for initial purchasers to buy up to an additional $25 million. Pricing terms, including the interest rate and initial conversion rate, have not been...
Wednesday, Baker Hughes Company (BKR) announced two contract extensions with Equinor to provide integrated drilling and well services solutions, as well as wireline intervention services. Under the integrated drilling and well services contract, the company intends to leverage capabilities across...
Burlington Stores, Inc. (BURL), a retailer and merchandise company, on Thursday reported higher net income in the first quarter of fiscal year 2026 compared with the previous year and raised the full year 2026 outlook while guiding for the second quarter. The company said that the revenue growth...
Royal Bank of Canada (RY.TO, RY) announced its intention to commence a normal course issuer bid and to repurchase for cancellation up to 45 million of its common shares. The Bank intends to file a notice of intention with the TSX in this regard. Purchases may commence on June 12, 2026, and may continue...
Canadian Imperial Bank of Commerce (CM.TO, CM) announced its intention to purchase for cancellation up to 30 million common shares under a normal course issuer bid. The price paid for the common shares will be the market price at the time of the purchase. Common shares that may be purchased for cancellation...
The Bank of N.T. Butterfield & Son Ltd. (NTB), on Thursday announced an agreement to acquire Canadian Imperial Bank of Commerce's (CM, CM.TO) 91.7% stake in CIBC Caribbean Bank Ltd. in a transaction valued at about $1.8 billion. The company said the transaction is expected to close in the first half...
XPeng (XPEV) posted a net loss attributable to ordinary shareholders of RMB 1.78 billion for the first quarter of 2026, compared with a loss of RMB 0.66 billion, last year. Net loss per ADS was RMB 1.87 compared to a loss of RMB 0.70. Non-GAAP net loss attributable to ordinary shareholders was RMB 1.69...
Li Auto Inc. (LI) reported a net loss of RMB 2.3 billion in the first quarter of 2026, compared with net income of RMB 646.6 million, a year ago. Net loss per ADS was RMB 2.26, compared with net earnings per ADS of RMB 0.62. Non-GAAP net loss was RMB 2.1 billion, compared with non-GAAP net income of...
Fluidra SA (FLUIF, FDR.MC), a pool and wellness industry company, on Thursday announced that Chief Financial Officer Xavier Tintoré will step down from the role on August 1, and appointed Juan Graham as successor, effective June 1. Graham will join the company's Executive Committee and work closely...
Johnson Matthey (JMAT.L) reported fiscal year profit before tax from continuing operations of 91 million pounds compared to 403 million pounds, last year. Loss per ordinary share from continuing operations was 53.9 pence compared to profit of 175.5 pence. Underlying operating profit from continuing operations...
S&P Dow Jones Indices said it will make changes to the S&P 500, S&P SmallCap 600. FedEx Freight Holding (FDXF) will replace EPAM Systems (EPAM) in the S&P 500, and EPAM Systems will replace Shutterstock (SSTK) in the S&P SmallCap 600 effective prior to the opening of trading on June 2. S&P 500 &...
SSE plc (SSE.L) reported fiscal year pretax profit of 1.84 billion pounds, a decline of 1% from last year. Earnings per share was 105.5 pence compared to 108.2 pence. Adjusted operating profit was 2.24 billion pounds, down 8% from last year. Adjusted earnings per share was 153.5 pence compared to 161.3...
Link Real Estate Investment Trust (LKREF, 0823.HK) on Thursday reported a wider loss for the full year 2026 compared with the previous year. For the full year 2026, net loss widened to HK$7.40 billion from HK$8.86 billion in the previous year. Loss per share was HK$2.86 versus $HK3.45 last year....
Toyota Motor Corporation (TM, TYT.L, 7203.T) reported April total worldwide sales of 9,02,015 units, down 3.7 percent from a year ago. Toyota, includiung Lexus, reported worldwide sales of 8,49,306 units, a decline of 3.1 percent from last year. April total worldwide production was 9,33,685 units,...
DTE Energy (DTE) announced a $1.6 billion investment in Michigan's clean energy, partnering with LG Energy Solution Vertech, Inc. to develop Michigan-made battery energy storage systems across the state. "The procurement agreement will support eight projects with battery systems delivered over a two-year...
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.