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  • Dell Federal Systems Wins $9.69 Billion DOW Software Agreement To Simplify Microsoft Licensing May 28, 2026 01:49 ET

    Dell Federal Systems, L.P. (DELL) Thursday said that it has secured a single-award, firm-fixed-price Blanket Purchase Agreement or BPA under the Department of War or DOW Enterprise Software Initiative. The agreement has an estimated total value of $9.69 billion, the company added. According to Dell...

  • Boeing Wins $854.7 Mln U.S. Navy Contract Modification For P-8A Aircraft May 28, 2026 01:41 ET

    The Boeing Company (BA) was awarded an $854.7 million contract modification from the U.S. Navy for the production and delivery of four P-8A Lot 13 aircraft for Foreign Military Sales customers, the U.S. Department of War said in a release. The modification also includes additional non-recurring engineering...

  • FedEx Freight Holding To Replace American Airlines In DJTA May 28, 2026 01:33 ET

    FedEx Freight Holding Company (FDXF) will replace American Airlines Group Inc. (AAL) in the Dow Jones Transportation Average effective prior to the open of trading on June, 1, 2026. Dow Jones Transportation Average constituent FedEx Corp. (FDX) is spinning off FedEx Freight Holding Company in a transaction...

  • Synopsys Appoints Jesse Cohn To Board Under Elliott Cooperation Agreement May 28, 2026 01:20 ET

    Synopsys, Inc. (SNPS), a provider of design IP solutions in the semiconductor and electronics industries, on Wednesday announced the appointment of Jesse Cohn to its board of directors as an independent director, effective June 1, under a cooperation agreement with Elliott Investment Management. Cohn...

  • Mainfreight FY26 Net Profit Down, Revenues Rise; Says Confidend Of FY27; Stock Gains May 28, 2026 01:18 ET

    Mainfreight Limited (MFGHF, MFT.NZ), a New Zealand logistics and transport company, reported Thursday lower profit in fiscal year 2026, mainly due to higher labour and other expenses, despite higher revenues. Further, the firm announced dividend, and said it is confident of improved trading in fiscal...

  • U.S. Stocks Finish Choppy Trading Day Modestly Higher May 27, 2026 16:14 ET

    Stocks turned in a relatively lackluster performance during trading on Wednesday but managed to end the day modestly higher. The Dow led the way higher, reaching a new record closing high along with the Nasdaq and S&P 500. The major averages all ended the day in positive territory.

  • Verra Mobility Stock Tanks 71% May 27, 2026 11:34 ET

    Shares of Verra Mobility Corporation plunged about 71 percent in Wednesday morning trading, likely due to yesterday's announcement regarding a contract termination notice from Avis Budget Group and the company's revised outlook for full-year 2026. The company's stock is currently trading at $3.7550,...

  • U.S. Stocks Showing A Lack Of Direction Following Recent Strength May 27, 2026 11:20 ET

    Stocks have shown a lack of direction over the course of the trading session, with the major averages bouncing back and forth across the unchanged line. Currently, the major averages are turning in a mixed performance. The choppy trading on Wall Street comes as traders express some uncertainty about the near-term outlook for the markets following recent strength.

  • Eva Live Stock Gains 10% Over LOI Execution With DBA Spiro Senior Care May 27, 2026 11:01 ET

    Stock of Eva Live, Inc. (GOAI) is climbing about 10 percent on Wednesday morning after the company announced the execution of a Letter of Intent of Intent with Dermatech Mobile Care, DBA Spiro Senior Care. The company's shares are currently trading at $3.76 on the Nasdaq, up 10.76 percent. The stock...

  • AMASS Brands Shares Surge 85% As Good Twin Brand Tops U.S. Organic Non-Alcoholic Wine Market May 27, 2026 10:48 ET

    Shares of AMASS Brands, Inc. (AMSS) are surging about 85 percent in Wednesday morning trading after the company's Good Twin brand reserved the first spot in organic non-alcoholic wine market in the United States based on dollar share, according to Nielsen. The company's shares are currently trading...

  • Ironwood Pharmaceuticals' LINZESS Secures FDA Approval For Functional Constipation Treatment May 27, 2026 10:36 ET

    Wednesday, Ironwood Pharmaceuticals, Inc. (IRWD) announced that the U.S. Food and Drug Administration has approved the use of LINZESS, also known as linaclotide, in pediatric patients 2 years of age and older with functional constipation. With this approval, LINZESS remains the only FDA-approved prescription...

  • DICK'S Sporting Cuts FY26 Earnings View, Backs Adj. EPS, Sales Forecast After Q1 Growth; Stock Down May 27, 2026 09:46 ET

    Shares of of DICK'S Sporting Goods Inc. were losing around 3 percent in the early morning trading on the NYSE after the sports retailer on Wednesday lowered fiscal 2026 outlook for earnings, despite higher first-quarter results. Further, the firm maintained forecast for annual adjusted earnings per share and net sales, and raised the expectations for comparable sales growth for the segments.

  • Monro Q4 Loss Narrows, Stock Up In Pre-market May 27, 2026 09:27 ET

    Monro, Inc. (MNRO), a provider of automotive repair and tire services, on Wednesday reported a reduced net loss for the fourth quarter, with narrowed operating loss cushioning the impact of declining revenue. For the quarter ended March net loss reduced 69.1 percent, to $6.58 million or $0.23 per...

  • AkzoNobel Board Rejects Takeover Proposal From Nippon Paint, Sherwin-Williams; Backs Axalta Deal May 27, 2026 09:15 ET

    Wednesday, Akzo Nobel NV (AKU1.MU) confirmed the rejection of a takeover proposal from Nippon Paint Holdings Co. (NI7.F), and The Sherwin-Williams Company received on April 29, 2026, to buy all issued and outstanding shares of the company at an offer price of 73 euros per share in cash. The proposal...

  • Futures Pointing To Continued Strength On Wall Street May 27, 2026 08:48 ET

    After ending the previous session mostly higher, stocks may see further upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent. Technology stocks may help lead the way higher once again, as reflected...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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