Teva Pharmaceutical Industries (TEVA) said, for 2026, non-GAAP operating income is now projected in a range of $3.80 - $4.0 billion, revised from $4.55 - $4.8 billion stand-alone outlook, impacted by an expected $700 million IPR&D charge and $75 million to reflect Emalex's operating expenses and transaction-related...
The U.S. Government has alerted financial institutions to the sanctions risks associated with independent "teapot" oil refineries in China, primarily in Shandong Province, given their continued role in importing and refining Iranian crude oil. China purchases approximately 90 percent of Iran's oil...
While reporting financial results for the first quarter on Wednesday, EMCOR Group, Inc. (EME) raised its earnings and revenue guidance for the full-year 2026, based on anticipated project mix and visibility into the remainder of the year. Looking ahead to fiscal 2026, the company now projects earnings...
Aircraft leasing company AerCap Holdings NV (AER), while reporting higher results in its first quarter, on Wednesday raised fiscal 2026 adjusted earnings per share outlook. The company also announced a new up to $1.0 billion share repurchase program, through December 31. In pre-market activity, the...
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
Phillips 66 (PSX), an integrated downstream energy provider, on Wednesday reported lower earnings for the first quarter. Net earnings declined to $207 million or $0.51 per share form $487 million or $1.18 per share a year earlier. Excluding one-time items, the company posted adjusted profit of...
While reporting financial results for the first quarter on Wednesday, Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reaffirmed its adjusted earnings and revenue guidance for the full-year 2026. For fiscal 2026, the company continues to project adjusted earnings in the range...
IDEX Corp. (IEX), a diversified manufacturing company, on Wednesday reported its net income increased in the first quarter of the full year 2026 compared with the previous year. For the first quarter, net income attributable to the company surged to $120 million from $95.5 million in the previous...
Biogen (BIIB) said, for 2026, it now expects adjusted EPS in a range of $14.25 to $15.25, revised from prior guidance range of $15.25 to $16.25. Biogen updated its guidance to reflect an approximately $1.00 impact from acquired IPR&D charges resulting from ongoing business development activities to support...
Entergy Corp. (ETR) reported on Tuesday that net earnings for the first quarter grew to $385 million or $0.83 per share from $361 million or $0.82 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter was $0.86 per share, compared to $0.82 per share in the year-ago...
Pfizer Inc. (PFE) on Wednesday reported positive topline results from the Phase 3 MagnetisMM-5 study evaluating ELREXFIO in adults with relapsed or refractory multiple myeloma who had received at least one prior line of treatment. The study met its primary endpoint, showing a statistically significant...
While reporting financial results for the fourth quarter on Wednesday, Entergy Corp. (ETR) said it continues to expect adjusted earnings for the full-year 2026 in the range of $4.25 to $4.45 per share. In Wednesday's pre-market trading, ETR is trading on the NYSE at $110.64, down $2.55 or 2.25 percent. For...
While reporting financial results for the first quarter on Wednesday, climate-control solutions provider Lennox International Inc. (LII) maintained its adjusted earnings guidance for the full-year 2026, while raising annual revenue growth outlook. For fiscal 2026, the company continues to project...
Tools and outdoor solutions provider Stanley Black & Decker, Inc. (SWK), while reporting weak first-quarter profit but higher net sales, on Wednesday lifted fiscal 2026 earnings forecast on a reported basis. Meanwhile, the firm maintained adjusted earnings view for the year. In pre-market activity,...
Brinker International, Inc. (EAT), an American restaurant chain, on Wednesday revised its annual guidance. For fiscal 2026, the company now expects adjusted income of $10.60 to $10.85 per share, compared with the earlier guidance of $10.45 to $10.85 per share. For fiscal 2026, Brinker International...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.