Travel marketplace Expedia Group, Inc. (EXPE) announced Wednesday that it has entered into an agreement to acquire CarTrawler, an Ireland-based B2B platform powering car rental, ground transport and Insurtech solutions for the global travel industry. CarTrawler's platform brings exceptional depth,...
Footwear retailer Caleres (CAL) on Wednesday named Dan Karpel as senior vice president and Chief Financial Officer, effective immediately. Karpel succeeds Jack Calandra, who left in January to pursue other opportunities, the company said in a statement. Karpel rejoined Caleres as Chief Accounting...
Grab Holdings Ltd. (GRAB), on Wednesday announced plans to consolidate PT Super Bank Indonesia Tbk. Singtel Alpha Investments Pte. Ltd. will transfer its stake in Superbank to GXS Bank Pte. Ltd., Grab's digital banking subsidiary and joint venture with Singapore Telecommunications Ltd. Upon completion...
Guardant Health (GH) announced that the FDA has approved Guardant360 Liquid CDx, advancing blood-based comprehensive genomic testing by integrating genomic and epigenomic insights. Guardant360 Liquid CDx is the largest FDA-approved liquid biopsy panel, assessing a 100X wider genomic footprint than...
Insurer Progressive Corp. (PGR) reported Wednesday that April 2026 net income was $1.09 billion or $1.86 per share, up from $986 million or $1.68 per share in April 2025. Net premiums written for the month improved 6 percent to $7.28 billion and net premiums earned grew 7 percent to $7.11 billion...
Equifax Inc (EFX), a data, analytics, and technology company, and identity and location technology business GB Group plc (GBG) on Wednesday announced an expansion of their partnership into the United States. As part of the expanded partnership, Equifax identity and fraud solutions will be integrated...
Philip Morris International (PM), a tobacco company, on Wednesday said it has appointed Massimo Andolina as chief financial officer, effective August 1, 2026. Andolina succeeds Emmanuel Babeau, who will remain with the company until March 31, 2027 as strategic advisor to the group CEO. Andolina...
Azrieli Group Ltd.(AZRGF), an Israeli real estate company, on Wednesday reported a rise in earnings and revenue for the first quarter of fiscal 2026. For the three-month period to March 31, the company posted a net profit of NIS 540 million, or NIS 4.43 per share, compared with NIS 457 million, or...
Hasbro Inc. (HAS), a games, intellectual property and toy company, on Wednesday reported sharply higher first-quarter profit, mainly driven by revenue growth. Net earnings attributable to Hasbro climbed to $198.4 million or $1.39 per share from $98.6 million or $0.70 per share last year. Excluding...
VF Corp. (VFC) reported a fourth quarter loss from continuing operations was $119.28 million compared to a loss of $150.27 million, prior year. Loss per share was $0.30 compared to a loss of $0.39. Operating income was $62 million compared to a loss of $73 million. Adjusted ex Dickies, operating income...
Tokio Marine Holdings, Inc. (TKOMY, 8766.T), an insurance holding company, on Wednesday reported lower net income despite higher ordinary income in the fiscal year 2025 compared with the previous year. For the full year, net income attributable to the owners of the parent declined 7.1 percent to...
Stellantis N.V. (STLA), on Wednesday announced plans to form a Europe-based joint venture with Dongfeng Motor Group Co., Ltd. focused on sales, distribution, manufacturing, purchasing and engineering activities for Dongfeng new energy vehicles in Europe. The companies signed a non-binding memorandum...
Experian (EXPN.L) reported fiscal 2026 profit before tax of $1.95 billion, up 26% from last year. Basic EPS, in cents, was 164.5 compared to 127.6. Benchmark EBIT from ongoing activities was $2.41 billion compared to $2.10 billion. Benchmark EPS, in cents, was 179.8 compared to 156.9. For the year...
Retail major Marks and Spencer Group Plc or M&S (MAKSY.PK, MAKSF.PK, MKS.L) reported Wednesday lower profit in fiscal 2026, despite significantly higher revenues mainly driven by the consolidation of Ocado Retail Limited. The firm also lifted dividend. Looking ahead, the company said it enters 2026/27...
Meta Platforms, Inc. (META) is reportedly carrying out another major round of layoffs, with up to about 8,000 positions expected to be cut across several regions, including the United States, Europe and Singapore. Employees in Singapore reportedly received notification emails around 4 a.m. local time...
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.