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  • Oshkosh Maintains FY26 Outlook; Shares Down 6.8% - Update May 08, 2026 08:56 ET

    While reporting financial results for the first quarter on Friday, Oshkosh Corp. (OSK) maintained its earnings, adjusted earnings and net sales guidance for the full-year 2026. For fiscal 2026, the company continues to project earnings of $10.90 per share and its adjusted earnings of $11.50 per share...

  • U.S. Stocks May See Early Strength Following Upbeat Jobs Data May 08, 2026 08:50 ET

    Following the pullback seen over the course of the previous session, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.6 percent. The futures climbed more firmly into positive...

  • U.S. Employment Jumps Much More Than Expected In April May 08, 2026 08:35 ET

    A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of April. The Labor Department said non-farm payroll employment shot up by 115,000 jobs in April after surging by an upwardly revised 185,000 jobs in...

  • Alpha Metallurgical Resources Posts Narrower Loss In Q1 May 08, 2026 08:26 ET

    Alpha Metallurgical Resources, Inc. (AMR) reported a first quarter net loss of $11.03 million compared to a loss of $33.95 million, a year ago. Basic and diluted loss per common share was $0.86 compared to a loss of $2.60. Adjusted EBITDA increased to $30.0 million from $5.7 million. First quarter...

  • Telephone And Data Systems Turns To Profit In Q1, Plans To Acquire Public Shares Of Array Digital May 08, 2026 08:16 ET

    Friday, Telephone and Data Systems, Inc. (TDS) announced its first-quarter financial results, reporting a net income from continuing operations to common shareholders of $146.6 million, or $1.11 per share, compared with a net loss of $5.9 million, or $0.20 per share, in the prior year. Total operating...

  • Cresco Labs Q1 Loss Widens May 08, 2026 08:12 ET

    Cresco Labs Inc. (CRLBF, CL.CN, 6CQ.MU), an American cannabis company, on Friday reported a wider loss for the first quarter, driven by decreased revenue. Quarterly net loss widened to $17.01 million from $15.23 million last year. Adjusted EBITDA came in at $32.90 million compared to $36.23 million...

  • FIS Q1 Earnings Up; Reaffirms FY2026 Outlook May 08, 2026 08:08 ET

    Fidelity National Information Services, Inc. (FIS), on Friday reported higher net income in the first quarter of 2026 compared with the previous year. The company reiterated its full year 2026 outlook and updated second quarter 2026. For the first quarter, net income increased to $2.37 billion from...

  • EU Awards EUR1 Bln To European Hydrogen Projects To Expedite Clean Transition May 08, 2026 07:44 ET

    The European Commission has selected 9 hydrogen production projects under the third auction of the European Hydrogen Bank, or EHB. Across seven countries in the European Economic Area, the projects are expected to provide almost 1.1 giga-watts of electrolyser capacity and produce more than 1.3 million tons of hydrogen over their first 10 years of operation. This is estimated o avoid greenhouse g

  • ANI Pharmaceuticals Boosts FY26 Outlook; Stock Up 7.2% - Update May 08, 2026 07:31 ET

    While reporting financial results for the first quarter on Friday, biopharmaceutical company ANI Pharmaceuticals, Inc. (ANIP) raised its adjusted earnings and net revenue guidance for the full-year 2026. For fiscal 2026, the company now projects adjusted earnings in the range of $9.19 to $9.69 per...

  • Artiva Biotherapeutics Prices $300 Mln Stock, Pre-Funded Warrants Offering; Shares Rise May 08, 2026 07:27 ET

    Artiva Biotherapeutics, Inc. (ARTV), a clinical-stage biotechnology company, on Friday announced the pricing of an underwritten offering of stock and pre-funded warrants. The offering consists of 23.87 million shares of stock priced at $11.52 per share and pre-funded warrants to purchase 2.17 million...

  • Wendy's Reaffirms FY26 Outlook - Update May 08, 2026 07:18 ET

    While reporting financial results for the first quarter on Friday, Wendy's Co. (WEN) reaffirmed its adjusted earnings and global systemwide sales growth guidance for the full-year 2026. For fiscal 2026, the company continues to project adjusted earnings in a range of $0.56 to $0.60 per share on global...

  • 6.42 Mln Doses Of Illicit Medicines Seized In Global Crackdown May 08, 2026 07:17 ET

    A total of 6.42 million doses of unapproved and counterfeit pharmaceuticals worth $15.5 million have been seized in a global crackdown. Operation Pangea XVIII, coordinated by Interpol across 90 countries during March 10 - 23, led to 269 arrests and the dismantling of 66 criminal groups involved in the illicit pharmaceutical trade. Law enforcement agencies worldwide launched 392 investigations an

  • TELUS Q1 Earnings Fall; Reaffirms FY26 Outlook May 08, 2026 07:17 ET

    TELUS Corp. (TU, T.TO), a Canadian telecommunications company, on Friday reported net income declined in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to the shares declined 58 percent to C$136 million from C$321 million in the previous...

  • Hantavirus Outbreak On Cruise Ship Not Another Covid: WHO May 08, 2026 07:11 ET

    The World Health Organization has clarified that a deadly hantavirus outbreak aboard a cruise ship in the Atlantic Ocean poses a low global public health risk and is "not the start of another COVID pandemic." Three people have died and several others have fallen ill aboard the Dutch-flagged MV Hondius, prompting a major international public health response involving countries across Europe, Afric

  • AngloGold Ashanti Q1 Net Income Rises May 08, 2026 07:08 ET

    AngloGold Ashanti plc (AU, AGD.L, ANG.JO) reported that its first quarter earnings attributable to equity shareholders increased to $1.28 billion from $443 million, prior year. Earnings per ordinary share, in cents, was 251 compared to 88. Headline earnings were $1.29 billion compared to $447 million....

Global Economics Weekly Update - April 27 – May 01, 2026

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.

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