Shares of Portland General Electric Company (POR) are falling about 3 percent before the bell on Friday, following the company's first-quarter financial results announcement, which saw a decline in earnings to $45 million, or $0.38 per share, from $100 million, or $0.91 per share, last year. In the...
Deere & Company announced on Friday that its Board of Directors has appointed Brent Norwood as the new Senior Vice President and Chief Financial Officer, effective May 1. His selection is the result of a thorough internal and external search process. The agricultural equipment manufacturer said that...
Ares Management Corporation (ARES) reported that its first quarter net income attributable to Class A and non-voting common stockholders was $117.3 million compared to $21.9 million, a year ago. Net income per share of Class A and non-voting common stock was $0.46 compared to breakeven. After-tax Realized...
Mobility technology company Magna International, Inc. (MGA, MG.TO) Friday reported a loss in its first quarter, compared to prior year's profit, hurt by a loss related to certain asset sale, despite highr sales. Looking ahead for fiscal 2026, the company continues to project adjusted earnings per...
Nippon Steel Corp. (NISTF, NISTY, 5401.T) announced that it will invest $1.9 billion in the United States Steel Corp. to build a new direct-reduced iron plant at Big River Steel Works, the electric arc furnace mini-mill complex in Osceola, Arkansas. This investment is part of Nippon Steel's commitment...
XPeng Inc. (XPEV, 9868.HK), an AI mobility technology company, on Friday reported sequentially higher vehicle deliveries in April, citing intelligent driving features as a key driver of sales growth following its VLA 2.0 rollout. In the month of April, the company delivered 31,011 vehicles, a 13...
EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review that determined the deal is not in shareholders' best interests. The global tungsten producer, with operations in...
Axsome Therapeutics (AXSM) announced the FDA has approved AUVELITY for the treatment of agitation associated with dementia due to Alzheimer's disease. The FDA approval of AUVELITY is supported by a clinical program which included the Phase 3 ADVANCE-1 and ACCORD-2 studies. AUVELITY is a first-in-class...
Seaport Therapeutics, Inc. (SPTX) said it has priced its upsized initial public offering of 14.16 million shares at $18 per share, at the top of the target range. The company is expected to raise about $254.9 million in gross proceeds from the offering. It has also granted underwriters a 30-day option...
Contact Energy Limited (BZB.F, CEN.AX, COENF), a New Zealand-based electricity and gas provider, announced Friday that its board has elected current director Jon Macdonald to succeed Rob McDonald as Chair, effective at the conclusion of the Annual Shareholder Meeting later this year. Rob McDonald...
Eastman Chemical Company (EMN) on Friday reported lower profit for the first quarter, primarily due to decline in sales. Earnings before income taxes decreased to $136 million from $253 million a year ago. Earnings before interest and taxes declined to $188 million, down from $302 million in the...
Victory Square Technologies Inc. said Hydreight Technologies delivered record results for fiscal 2025. Adjusted EBITDA was $2.5 million compared to $136 thousand, prior year. Revenue increased to approximately $35.4 million from approximately $16.04 million. Adjusted revenue was $43.56 million, up 95%...
Japanese trading and investment major Mitsui & Co., Ltd. (MITSF.PK, MITSY.PK, 8031.T) reported Friday lower profit and revenues for fiscal 2026. Further, the company issued fiscal 2027 outlook, expecting higher earnings. In Japan, Mitsui & Co. shares were losing around 3.6 percent to trade at 5,685.00...
Coles Group (COL.AX) reported that, for 12 weeks from 5 January to 29 March 2026, total Group sales revenue was A$10.70 billion, up 3.1% from last year. Supermarkets sales revenue was A$9.8 billion for the third quarter, up 4.0% with comparable sales increasing by 3.6%. Excluding tobacco, Supermarkets...
AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said the FDA's Oncologic Drugs Advisory Committee or ODAC has recognised a favourable benefit risk profile for AstraZeneca's Truqap in combination with abiraterone and androgen deprivation therapy for the treatment of patients with PTEN-deficient metastatic hormone-sensitive...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.