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  • Manitowoc : EU Launches Anti-Dumping Probe Into Chinese Mobile Crane Imports December 19, 2025 20:04 ET

    The Manitowoc Company Inc. (MTW) announced that the European Commission has initiated an anti-dumping investigation into imports of mobile cranes from China. The action follows a formal complaint filed by leading European mobile crane manufacturers, represented by the VDMA Materials Handling and Intralogistics...

  • Medtronic's Diabetes Unit MiniMed Files For IPO On Nasdaq December 19, 2025 19:50 ET

    Medtronic plc (MDT) announced that its Diabetes division—set to operate under the name MiniMed—has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of newly issued common stock. The planned separation is...

  • Grifols Secures FDA Approval To Launch Fesilty In US In First Half Of 2026 December 19, 2025 11:14 ET

    Biotest AG, Friday announced that its parent company Grifols, S.A. (GRFS) has received approval from the U.S. Food and Drug Administration for Fesilty, a human fibrinogen product developed for the treatment of acute bleeding episodes in pediatric and adult patients with congenital fibrinogen deficiency. With...

  • Conagra Brands Posts Q2 Net Loss On Impairment, But Beats Estimates; Backs Annual Outlook December 19, 2025 09:28 ET

    Conagra Brands, Inc. (CAG), a consumer packaged goods holding company, on Friday reported a net loss for the second quarter. However, the company's adjusted earnings beat Street view. In addition, Conagra Brands has reaffirmed its annual outlook. For the three-month period to November 23, the company...

  • Lamb Weston Stock Falls In Pre-Market Despite Turning To Profit In Q2 December 19, 2025 09:09 ET

    Lamb Weston Holdings, Inc. (LW), Friday announced its results for the second quarter of fiscal 2026, reporting a net income of $62.1 million, or $0.44 a share, compared with a net loss of $36.1 million, or $0.25 a share, last year. In the pre-market hours, LW is moving down 13.72 percent, to $51.20...

  • Raytheon Wins Contract To Supply PhantomStrike Radar To US Air Force December 19, 2025 08:53 ET

    Raytheon, a subsidiary of RTX Corp. (RTX), Friday announced that the company has been awarded a contract from the U.S. Air Force to equip the autonomous X-62A Variable In-flight Simulation Test Aircraft with a PhantomStrike radar. PhantomStrike, a first-of-its-kind, air-cooled and compact fire-control...

  • Curaleaf Terminates Deal To Acquire Cannabist's Virginia Assets December 19, 2025 08:14 ET

    Curaleaf Holdings, Inc. (CURLF, CURA.TO), a provider of consumer cannabis products, on Friday announced the termination of its binding commitment to acquire The Cannabist Company's Virginia assets. The company expects to receive a $3.3 million break fee upon cancellation of the agreement. The...

  • Whitestone REIT Board Of Trustees Authorizes $50 Mln Share Buyback, Raises Quarterly Dividend December 19, 2025 07:28 ET

    Whitestone REIT (WSR) on Friday said its board of trustees has authorized a share repurchase program of up to $50 million. The company also declared a quarterly dividend of $0.1425 per share, a 5.6% increase over the previous quarterly dividend, payable on March 30, 2026, to shareholders of record...

  • VersaBank Names Nicolas Ospina Global CFO; Promotes CFO John Asma To EVP December 19, 2025 07:21 ET

    VersaBank (VBNK) on Friday announced that Nicolas Ospina has been appointed Global Chief Financial Officer with effect from January 5, 2026, in support of the bank's proposed restructuring to a standard U.S. bank framework. CFO John Asma was promoted to Executive Vice President, responsible for operations...

  • Commercial Metals Welcomes U.S. Anti-dumping Ruling On Algerian Rebar December 19, 2025 07:06 ET

    Commercial Metals Co. (CMC) on Friday welcomed a preliminary ruling by the U.S. Department of Commerce finding that rebar imports from Algeria have been unfairly dumped in the U.S. market. Following the ruling, a 127% anti-dumping duty will take immediate effect on all Algeria-origin rebar entering...

  • Altimmune Reports Positive 48-Week Phase 2b Data For Pemvidutide In MASH December 19, 2025 06:58 ET

    Altimmune, Inc. (ALT) on Friday reported positive topline results from the IMPACT Phase 2b trial of pemvidutide in patients with metabolic dysfunction-associated steatohepatitis (MASH) at 48 weeks. Topline data showed that pemvidutide achieved statistically significant improvements across treatment...

  • Iberdrola To Acquire 100% Stake In Ararat Wind Farm For Undisclosed Sum December 19, 2025 04:40 ET

    Renewable energy company Iberdrola, S.A. (IBDSF.PK), Friday announced an agreement to fully acquire the Ararat Wind Farm, located in the state of Victoria, Australia, from Partners Group and OPTrust. The financial terms of the deal were not disclosed. The acquisition would boost the company's ability...

  • Raytheon Wins $168 Million Contract To Supply Patriot Air Defense Equipment To Romania December 19, 2025 03:29 ET

    Raytheon, a unit of aerospace and defense company RTX Corporation (RTX), on Friday said it has secured a $168 million contract to provide Romania with equipment for its Patriot air and missile defense system. The foreign military sales contract includes a radar, command and control system, launchers,...

  • Coty Sells Remaining Wella Stake To KKR For $750 Mln December 19, 2025 02:51 ET

    Coty Inc. (COTY), a beauty company, on Friday said it has sold its remaining 25.8% stake in Wella to KKR (KKR) managed capital accounts and affiliates for $750 million in upfront cash. The transaction completes Coty's portfolio simplification program launched in 2020. Under the terms of the transaction,...

  • Skanska Wins $53 Mln Contract To Build New Franklin City Hall December 19, 2025 02:43 ET

    Skanska has signed a contract with the city of Franklin, Tennessee, USA, to construct a new City Hall building. The contract is valued at $53 million or approximately SEK 520 million and will be included in the company's US order bookings for the fourth quarter of 2025. The project involves the development...

Global Economics Weekly Update - December 15-19, 2025

December 19, 2025 15:10 ET
U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.