Paramount Skydance Corporation (PSKY) has accused Netflix of running a "scorched-earth campaign" against its proposed $111 billion bid for Warner Bros. Discovery, as revealed in a letter to the U.S. Department of Justice.
OpenAI, the maker of popular chatbot ChatGPT, announced that it has recently filed confidentially with the U.S. Securities and Exchange Commission for potential initial public offering, thus entering the IPO race by major players in the artificial intelligence or AI industry. The firm said it is yet to decide on the timing.
Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.
Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.
Stellantis N.V. (STLA) is pulling back over 1.3 million vehicles globally because of a possible fire hazard affecting certain Jeep Wrangler SUVs and Jeep Gladiator trucks.
Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.
Ocean One Holding Ltd (8476.HK) revealed a profit for full year that Dropped, from the same period last year The company's earnings came in at HK$39.17 million, or HK$0.14 per share. This compares with HK$41.69 million, or HK$0.149 per share, last year. The company's revenue for the period rose...
D2L Inc. (DTLIF) announced earnings for first quarter that Dropped, from the same period last year The company's bottom line totaled $1.67 million, or $0.03 per share. This compares with $3.27 million, or $0.06 per share, last year. The company's revenue for the period rose 8.1% to $57.13 million...
Enghouse Systems (ENGH.TO) reported a profit for its second quarter that Increased, from last year The company's bottom line came in at C$16.29 million, or C$0.30 per share. This compares with C$13.46 million, or C$0.24 per share, last year. The company's revenue for the period fell 8.4% to C$114.28...
CECO Environmental Corp. (CECO) shares climbed 10.33 percent, gaining $8.32 to $88.85 on Tuesday after the company provided a positive update on its recently completed acquisition of Thermon Group Holdings.
Designer Brands Inc. (DBI) shares dropped 16.78 percent, losing $1.49 to $7.39 on Tuesday despite the fashion retailer reporting improved first-quarter results and reaffirming expectations for fiscal 2026 at the high end of its prior guidance range.
On Tuesday, restaurant chain Nathan's Famous, Inc. (NATH), which is in $450 million deal to be merged with Smithfield Foods inc., reported lower profit in the fourth quarter of 2026. Meanwhile, adjusted EBITDA reported a steady growth in the same quarter. Net income for the fourth quarter dropped...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.
Tuesday's top biotech gainers include Regentis, which provided an update on its single-step knee repair implant; Eloxx, after getting uplisted to the Nasdaq; Alignment Healthcare, following recent corporate disclosures, including restricted stock unit (RSU) grants to executives; and Cartesian, which inked a strategic licensing deal with WestGene, among others.
the CRL for its NDA of bitopertin in erythropoietic protoporphyria (EPP). The company confirmed alignment with the FDA that the ongoing Phase 3 APOLLO study, if successful, can serve as the basis for a CRL response and potentially support a traditional approval.
TG Therapeutics, Inc. (TGTX) announced that 82% of patients in its Phase 1 study of subcutaneous BRIUMVI for myasthenia gravis achieved a clinically meaningful improvement in daily living scores, with a mean gain of more than four points.
Johnson & Johnson (JNJ) on Monday announced it has entered into a definitive agreement to acquire Firefly Bio, Inc. for $1 billion in cash. The transaction is expected to occur later this year, subject to approvals. The acquisition includes Firefly Bio's proprietary Firelink degrader antibody conjugate...
Cracker Barrel Old Country Store, Inc. (CBRL) on Tuesday reported higher third-quarter profit, helped by a one-time litigation settlement. The company raised its fiscal 2026 revenue outlook. For the third quarter, net income increased to $42.8 million, or $1.90 per share, from $12.6 million, or $0.56...
Producer prices in Japan were up 0.9 percent on month in May, the Bank of Japan said on Wednesday. That exceeded expectations for an increase of 0.5 percent following the upwardly revised 2.8 percent jump in April (originally 2.3 percent). On a yearly basis, producer prices jumped 6.3 percent -...
China will on Wednesday release May figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity. Inflation is expected to rise 1.3 percent on year, up from 1.2 percent in April; producer prices are seen higher by an annual 3.8 percent, up from 2.8 percent...
Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $58 billion worth of three-year notes attracted average demand. The three-year note auction drew a high yield of 4.192 percent and...
A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. spiked by much more than anticipated in the month of May. NAR said existing home sales surged by 3.2 percent to an annual rate of 4.17 million in May after climbing by 0.8 percent to an upwardly revised rate of 4.04 million in April.
The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.
Hubbell Inc. (HUBB) has agreed to acquire electrical products manufacturer NSI Industries from private equity firm Sentinel Capital Partners in a transaction valued at $3.0 billion. NSI Industries is a manufacturer and supplier of more than 15,000 branded electrical products, including electrical...