Amtech Systems, Inc. (ASYS), Friday announced the appointment of Thomas Sabol as Chief Financial Officer, effective May 14, 2026. He will replace interim CFO Mark Weaver. The manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication...
Friday, Asia Pacific Wire & Cable Corporation Limited (APWC) announced that Chief Financial Officer Ben Lee has stepped down from the position. The company added that Lee has been replaced by Brian Ma, who has assumed the role of acting CFO, effective April 30, 2026. Before joining APWC, Mr. Ma...
Hyundai Motor America reported Friday that it sold a total of 80,157 units in April 2026, down 2 percent from last year's 81,503 units, driven by electrified vehicles that accounted for one-third of total sales. The company posted multiple best-ever April results led by Sonata Hybrid and Elantra Hybrid....
Liberty Global Ltd. (LBTYA) issued its first quarter financial results. Liberty Global consolidated net income was $358.2 million compared to a loss of $1.32 billion, prior year. Total consolidated adjusted EBITDA was $366.5 million compared to $324.6 million. Consolidated adjusted EBITDA less P&E Additions...
Occidental Petroleum Corporation (OXY), a hydrocarbon explorer, said on Friday that it has appointed its chief operating officer, Richard Jackson, as chief executive officer. He will succeed Vicki Hollub as CEO upon her retirement on June 1. Occidental has also announced that Jackson will join the board with...
Friday, Gates Industrial Corporation plc (GTES) announced a definitive agreement to acquire the belts business from The Timken Company (TKR), including select manufacturing assets. The financial details of the deal were not disclosed. With this deal, Gates expects to expand customer access and opportunities...
Esperion Therapeutics (ESPR), a biopharmaceutical company, on Friday announced that it has agreed to be acquired by funds managed by healthcare investment firm ARCHIMED in a deal valued at up to $1.1 billion. Under the definitive agreement, Esperion shareholders will receive $3.16 per share in cash...
Brookfield Renewable Partners L.P. (BEP-UN.TO, BEP) reported first quarter Funds From Operations or FFO of $375 million compared to $315 million, last year. FFO per unit was $0.55 compared to $0.48. The company reported a first quarter net loss attributable to Unitholders of $229 million compared...
While reporting financial results for the first quarter on Friday, industrial equipment manufacturer Terex Corp. (TEX) reiterated its earnings and revenue guidance for the full-year 2026. For fiscal 2026, the company now projects earnings in a range of $4.50 to $5.00 per share on revenues between...
Friday, TC Energy Corporation (TRP) announced first-quarter financial results, revealing net income attributable to common shares of C$899 million, or C$0.86 a share, compared to C$978 million, or C$0.94 a share, in the previous year. Revenues totaled C$3,861 million from last year's C$3,623 million. Also,...
Portland General Electric Company (POR), an integrated energy company, on Friday reported lower first-quarter profit on lower revenue, citing unusually mild winter weather that reduced residential and commercial usage. Further, the company reaffirmed its full year 2026 guidance. Quarterly net profit...
Friday, Nebius Group N.V. (NBIS) announced an agreement to acquire Eigen AI, an inference and model optimization company, for a consideration of approximately $643 million in a cash and stock deal. The transaction is expected to strengthen Nebius Token Factory as a frontier managed inference platform...
Consumer goods company Newell Brands, Inc. (NWL) reported Friday that net loss for the first quarter narrowed to $33 million or $0.08 per share from $37 million or $0.09 per share in the prior-year quarter. Excluding items, normalized loss for the quarter was $0.05 per share, compared to $0.01 per...
Ecovyst Inc. (ECVT), a provider of virgin sulfuric acid and regenerated sulfuric acid products and services, on Friday said it has agreed to acquire the Calabrian sulfur dioxide and related sulfur derivatives business from INEOS Enterprises for $190 million. Following the deal, Ecovyst expects to...
While reporting financial results for the first quarter on Friday, Wabash National Corp. (WNC) said it expects adjusted loss for the second quarter in a range of $0.40 to $0.60 per share on revenues between $380 million and $400 million. For the first quarter, the company reported a net loss attributable...
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.