Consumer products major Colgate-Palmolive Co., while reporting weak profit and higher net sales in its first quarter, on Friday maintained fiscal 2026 earnings and sales growth outlook. Meanwhile, the firm trimmed gross profit margin guidance. In pre-market activity, the shares were gaining around 3.1 percent.
Health insurer Humana, Inc., while reporting weak first-quarter profit despite revenue growth, on Wednesday trimmed fiscal 2026 reported earnings view, but maintained adjusted earnings and revenue forecast. In pre-market activity, the shares were losing around 4.5 percent.
Automajor General Motors on Tuesday trimmed fiscal 2026 outlook for reported earnings, but lifted forecast for adjusted earnings to reflect tariffs impact, after reporting weak results in its first quarter. In the pre-market activity on the NYSE, General Motors shares were losing around 1.5 percent.
Indonesia's economy grew at the fastest pace in more than three years in the first quarter as government stimulus measures supported the nation amid the adverse effects of the war in the Middle East. Gross domestic product logged an annual growth of 5.61 percent in the first quarter, surpassing the 5.39 percent expansion registered in the fourth quarter, Statistics Indonesia said Tuesday.
The services sector in Australia swung sharply into expansion territory in April, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 50.7. That's up from 46.3 in March and it moves above the boom-or-bust line of 50 that separates expansion from contraction. Sustained...
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, to 4.35 percent from 4.10...
Ukraine carried out multiple counter attacks on Russian targets Sunday after deadly Russian air raids on Ukrainian cities. At least 10 people were reportedly killed and dozens of others injured in Russian drone and missile attacks in Kherson, Odesa, Donetsk, Zaporizhzhia and Sumy at the weekend. A high-rise residential complex in Moscow was hit in a rare overnight Ukrainian drone attack in the h
The Department of State has announced it will provide up to $100 million in foreign assistance funding toward coordinated G7 efforts to ensure the continued containment of fissile nuclear material at the Chernobyl nuclear power plant in Ukraine. For three decades, the United States and G7 partners have led efforts to secure nuclear material at the Chernobyl plant, with the United States providi
The U.S. government has imposed sanctions on 35 entities and individuals that oversee Iran's shadow banking architecture, facilitating the movement of the equivalent of tens of billions of dollars tied to sanctions evasion and Iran's sponsorship of terrorism. These networks allow Iran's armed forces—including the Islamic Revolutionary Guard Corps (IRGC)—to access the international financial syst
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, with major markets in the region, China, Japan and South Korea closed, as traders react to the re-escalation of the Middle East conflict and the related spike in crude oil prices that has again raised global inflation concerns. Asian markets closed mostly higher on Monday.
Ahead of the long holiday weekend for Labor Day and Coronation Day, the Thai Stock market had moved higher in four straight sessions, adding almost 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,490-point plateau although investors figure to lock in gains...
The Indonesia stock market has finished higher in two of three trading days since the end of the seven-day losing streak in which it had tumbled more than 550 points or 5.1 percent. The Jakarta Composite Index now rests just above the 6,970-point plateau although it's expected to open in the red on Tuesday. The...
Stocks have shown a lack of direction over the course of the trading session on Monday, with the Nasdaq and the S&P 500 bouncing back and forth across the unchanged line following the strong performance seen last week. Currently, the Nasdaq and the S&P 500 are posting modest gains.
New orders for U.S. manufactured goods increased by much more than expected in the month of March, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders jumped by 1.5 percent in March after rising by an upwardly revised 0.3 percent in February.
Following the strength seen during last Friday's session, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by less than a tenth of a percent. Uncertainty about the situation...
Investor sentiments continue to be stressed by the Middle East conflict on Monday. Early signs from the U.S. Futures Index suggest that Wall Street might open lower. As of 7.50 am ET, the Dow futures were losing 222.00 points, the S&P 500 futures were down 12.00 points and the Nasdaq 100 futures...
Shares of Fresenius Medical Care AG (FMS, FME.DE) were losing around 4 percent in German trading as well as in pre-market activity on the NYSE, after the company reported lower profit and revenues in its first quarter. Further, the German provider of products and services for patients with renal diseases...
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.
Global market sentiment rebounded after swaying sharply in response to the hawkish tilt in the Fed's decision to hold rates steady.
A federal grand jury in the Eastern District of North Carolina has returned an indictment charging former FBI director James Comey with making threats to the life of President Donald Trump. The accusation stems from an image he posted on social media last year, which was retracted later as it turned controversial. The Indictment includes two counts. According to the Department of Justice, the fi
The May FDA calendar appears relatively light. The upcoming regulatory milestones include a potential label expansion of argenx SE's VYVGART, and an additional indication for Daiichi Sankyo Company and AstraZeneca plc's cancer therapy Enhertu, among others.
Eurozone investor sentiment improved unexpectedly in May, driven by investor expectations that the conflict with Iran would not escalate further, a survey conducted by the behavioral research institute Sentix showed Monday. The investor sentiment index rose to -16.4 in May from -19.2 in April. The score was forecast to fall to -20.9.
The euro area factory activity expanded at its strongest pace in nearly four years in April as manufacturers front-loaded their orders due to fears of the war-induced price increases and supply shock, final data from S&P Global showed Monday. The manufacturing Purchasing Managers' Index rose to a 47-month high of 52.2 in April, in line with flash estimate, from 51.6 in March.
Final manufacturing Purchasing Managers' survey and Sentix investor confidence from the euro area are the top economic news due on Monday. At 3.15 am ET, S&P Global publishes Spain's manufacturing PMI survey results. The factory PMI is forecast to rise to 49.5 in April from 48.7 in the previous month.
Manufacturing activity in the U.S. expanded for the fourth consecutive month in April, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI came in at 52.7 in April, unchanged from March. While a reading above 50 still indicates growth, economists had expected the index to inch up to 53.0.
Three people have died and three others are ill following suspected cases of hantavirus infection on a cruise ship in the Atlantic, the World Health Organization reported. WHO noted that one case of the rodent-borne disease has been confirmed so far and there are five additional suspected cases. WHO...
Global efforts to combat viral hepatitis are delivering measurable progress in reducing infections and deaths, but the disease remains a major global health challenge, according to a new report by the World Health Organization. WHO released the report at the World Hepatitis Summit on Tuesday. Viral...
Astronauts aboard the International Space Station have conducted biotechnology research on Thursday, including a pair of heart studies, exploring cancer therapies, and demonstrating a self-sustaining life-support system. U.S. flight engineer Jessica Meir processed samples of heart stem cells and bacteria that cause pneumonia using a portable glovebag inside the Harmony module. Observations in mic
The U.S. Government has reported tremendous progress in reducing mother-to-child transmission of HIV, and in combating the epidemic as a whole across the world. The U.S. Department of State has released PEPFAR program data covering the period of July 1, 2025, to September 31, 2025. U.S. Government-supported...
Shares of eBay Inc. were gaining around 9 % in pre-market activity on Nasdaq after electronics retal company GameStop Corp. announced a non-binding proposal to buy the e-commerce major in a cash and stock deal, with equity value of $55.5 billion. GameStop announced late Sunday that it has submitted the proposal at $125.00 per share, comprising 50 percent cash and 50 percent GameStop stock.
Donald Trump recently announced that his administration has put forward a final bailout proposal for Spirit Airlines Inc. (SAVE), which is at risk of going out of business without immediate financial help.
Thermos has announced a significant recall of around 8.2 million food jars and drink bottles in the U.S. because of potential safety issues.
France's equity benchmark CAC 40 moved higher on Tuesday as investors reacted to some corporate earnings news. The mood in the market remained a bit cautious due to an escalation in tensions in the Middle East.