Boyd Group Services (BYD.TO, BGSI) reported a first quarter net loss of $7.9 million, compared to a loss of $2.6 million, prior year. The net loss was impacted by acquisition and transformational cost expenses in the first quarter of 2026 related to the Joe Hudson acquisition and Project 360. Loss per...
Sumitomo Mitsui Financial Group, Inc. (SMFG), on Wednesday, reported higher net income in the full year 2026 compared with the previous year. For the full year 2026, profit attributable to owners of the parent increased to 1.58 trillion yen from 1.18 trillion yen in the previous year. Earnings...
Nissan Motor Co. Ltd. (7201.T) reported that its fiscal 2025 net loss attributable to owners of parent narrowed to 533.10 billion yen from a loss of 670.90 billion yen, prior year. Basic loss per share was 152.58 yen compared to a loss of 187.08 yen. Operating income was 58.00 billion yen, down 16.9%....
Korea Electric Power Corp. (KEP), on Wednesday reported that its net income increased in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company increased to KRW 2.49 trillion from KRW 2.33 trillion in the previous...
SK Innovation (096770.KS) reported first quarter net income attributable to shareholders of the parent company of 964.39 billion Korean Won, compared to a loss of 228.95 billion won, a year ago. Operating income was 2.16 trillion won versus a loss of 30.74 billion won for the same period last year. First...
Breeze Acquisition Corp. II (BREZU), a blank check company, announced the pricing of its initial public offering of 12.50 million units at $10.00 per unit to raise $125 million. The units are expected to begin trading on the Nasdaq on May 13, under the symbol "BREZU". Each unit includes one ordinary...
Ceconomy AG (MTAGF.PK, MTTRY.PK), a German consumer electronics retailer, reported Wednesday wider net loss in its second quarter, while Adjusted EBIT and Adjusted EBITDA increased from last year with sales growth. Further, the firm confirmed and specified guidance for fiscal 2026. For fiscal...
Korea Gas Corp. (036460.KS), on Wednesday reported higher net income despite lower sales in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company increased to KRW 548.65 billion from KRW 367.48 billion in the...
Toray Industries (3402.T) reported that its fiscal year profit attributable to owners of parent was 79.52 billion yen compared to 77.91 billion yen, prior year. Earnings per share was 52.87 yen compared to 48.84 yen. Core operating income was 141.9 billion yen, down 0.6%. For the fiscal year ended March...
HD Hyundai Heavy Industries Co., Ltd. (329180.KS), on Wednesday reported higher net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company increased to KRW 781.2 billion from KRW 219.2 billion in the...
Walmart Inc. (WMT) is cutting or relocating around 1,000 corporate employees as part of efforts to consolidate its global technology and product teams, The Wall Street Journal reported, citing people familiar with the matter. The report said the move follows an internal review led by global technology...
Zurich Insurance Group (ZURN.SW) reported that Property & Casualty or P&C first quarter gross written premiums was $15.56 billion, up 8% on a like-for-like basis. On a reported basis, growth was 17%. Commercial Insurance grew 9% driven by Global Specialty and Middle Market. Retail was up 7%. Life delivered...
TUI AG (TUIFF.PK, TUI1.DE) a German leisure, travel, and tourism company, on Wednesday reported narrower net loss in its second quarter amid nearly flat revenues. Looking ahead for fiscal 2026, as announced in April, the company now projects underlying EBIT to be in the range of 1.1 billion euros...
Wix.com, Ltd. (WIX), on Wednesday, reported net loss in the first quarter despite higher revenue compared with the previous year. The company also maintains its full-year 2026 guidance. For the first quarter, net loss came in at $57.5 million, or $1.02 per share. Adjusted net income for the period...
GMR Solutions Inc. (GMR), a provider of emergency medical services, announced the pricing of its initial public offering of 31,914,893 Class A common shares at $15 per share. The Shares are expected to begin trading on the New York Stock Exchange on May 13, under the symbol "GMRS". The company...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.