ANZ New Zealand (ANZ.AX, AN3PG.AX) announced that the High Court of New Zealand awarded summary judgement against the company in relation to the New Zealand Credit Contracts and Consumer Finance Act 2003 class action proceedings served on the company in September 2021. The Court found that the company...
Dexus (DXS.AX), an Australasian real asset group, reported Tuesday that its office occupancy by income in the March quarter increased sequentially, and was well above the market average. Meanwhile, industrial occupancy declined from the preceding quarter. Separately, Dexus announced a joint venture...
Viatris (VTRS) announced that Theodora "Doretta" Mistras, Chief Financial Officer, will depart the company for a new professional opportunity. Mistras will remain with the company until May 22, 2026. Viatris has named Paul Campbell, currently Chief Accounting Officer and Corporate Controller, as interim...
KKR, a global investment firm, and XPV Water Partners, a water-focused investment firm, announced the signing of a definitive agreement to sell Axius Water to CRH, a building materials company. The transaction is expected to close in second quarter of 2026. "As pressures on global water systems...
Frasers Logistics & Commercial Trust (BUOU.SI) reported first half distributable Income of S$112.0 million compared to S$113.0 million, down 1.0% from last year. Distribution per unit, in Singapore cents, was 2.95 compared to 3.00. Adjusted Net Property Income was S$167.0 million, an increase of 3.6%...
Westpac Banking (WBK, WBCPK.AX, WBC.AX) reported first half net profit of A$3.4 billion, up 3 percent from last year. Earnings per share, in cents, was 99.5 compared to 96.0. Net profit ex notable items was A$3.5 billion, up 1 percent. Excluding notable items, earnings per share, in cents, was 101.4...
After showing a lack of direction early in the session, stocks moved mostly lower over the course of the trading day on Monday. The major averages all moved to the downside on the day, with the Dow showing a notable decline. The weakness that emerged on Wall Street came amid a substantial increase by the price of crude oil, with U.S. crude oil futures surging by more than 3 percent.
Duke Energy Corp. (DUK) Monday announced the finalization of two initiatives to deliver more than $5 billion in cost-saving benefits. Combination of two electric utilities in the Carolinas - Duke Energy Carolinas and Duke Energy Progress is expected to deliver savings of around $2.3 billion. 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.
Digital interactive entertainment provider Electronic Arts Inc. (EA) Monday announced a multi-year collaboration with digital payments major Visa Inc. (V) to deliver the next generation of immersive, player-first experiences across EA SPORTS franchises. The partnership will be boffering in-game rewards...
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.
Monday, Coca-Cola Consolidated, Inc. (COKE) announced a $35 million investment in its Indianapolis manufacturing facility to expand local manufacturing capabilities. The company plans to add a new bottle production line to the facility, which is expected to create 15 to 20 new full-time jobs and initiate...
Amgen Inc. (AMGN) Monday revealed its plan to invest an additional $300 million in its U.S. manufacturing network to further advance U.S.-based production capacity. The investment in Juncos, Puerto Rico is expected to enhance next-generation technologies and support a reliable supply of medicines for...
a2 Milk Company Ltd. (ACOPF, A2M.AX), a dairy company, announced a recall of select infant milk formula, manufactured by Synlait Milk Limited and sold only in the United States, citing the presence of cereulide. The recall involves three batches of a2 Platinum USA label infant milk formula, comprising...
Superior Group of Companies, Inc. (SGC), a diversified manufacturer and provider of branded products, healthcare apparel, and contact center services, on Monday reported its return to profitability for the first quarter, driven by sales growth and lower interest expense. In pre-market activity on...
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.