The head of the UN a task force to facilitate the safe passage of fertilizers and related raw materials via the Strait of Hormuz, warned of a looming food crisis as fertilizer shipped through the vital lifeline is blocked ahead of the planting season. As the Persian Gulf crisis continues, time is ticking for farmers who rely on fertilizer shipped via the strategic trade route - and millions world
While reporting financial results for the first quarter on Wednesday, telecom giant AT&T, Inc. (T) maintained its adjusted earnings service revenue growth guidance for the full-year 2026. For fiscal 2025, the company continues to project adjusted earnings in a range of $2.25 to $2.35 per share on...
Westinghouse Air Brake Technologies Corp. (WAB), on Wednesday reported higher net income in the first quarter compared with the previous year, primarily due to strong sales growth driven by its Freight and Transit segments. For the first quarter of 2026, net income attributable to the company's shareholders...
Boston Scientific (BSX) said it now estimates net sales growth for the full year 2026 to be approximately 7.0 to 8.5 percent on a reported basis and 6.5 to 8.0 percent on an organic basis. The company now estimates adjusted EPS, excluding certain items, of $3.34 to $3.41. The company previously estimated...
New Oriental Education & Technology Group Inc. (EDU), on Wednesday reported higher earnings in the third quarter compared with the previous year, primarily driven by strong growth in core and new education businesses, increased enrollments and users, and improved operational efficiency. For the third...
Elevance Health, Inc. (ELV) on Wednesday revised its annual earnings outlook. Gail K. Boudreaux, CEO of Elevance Health, said: "We are raising our full-year adjusted EPS guidance, supported by greater visibility into the balance of the year. Our actions are driving more consistent performance and...
Cboe Global Markets, Inc. (CBOE) on Wednesday said it has agreed to sell its Canadian and Australian equities exchanges, Cboe Canada and Cboe Australia, to TMX Group Limited for $300 million. The divestment is part of Cboe's strategic realignment to focus more on its core strengths and emerging opportunities...
Gold traded higher on Wednesday despite stalled U.S.-Iran peace talks, the release of robust U.S. retail sales data and somewhat hawkish comments from Federal Reserve nominee Kevin Warsh at a Senate confirmation hearing. Spot gold rebounded to trade 0.8 percent higher at $4,757 an ounce after falling...
President Donald Trump has said the ceasefire with Iran will be extended until bi-lateral talks to end the Middle East war have progressed. In a social media post on Tuesday, Trump said the goodwill gesture is made at the request of Pakistan, that is mediated the first round of talks in its capital. At the same time, Trump said the blockade of Iranian ports will also continue until Tehran presen
TrustCo Bank Corp NY (TRST), posted higher profit for the first quarter on Wednesday, with growth in net interest income outpacing a decline in non-interest income. For the first quarter, net income came in at $16.29 million or $0.91 per share compared to $14.28 million or $0.75 per share last year. Net...
Yesway, Inc., a convenience store operator, announced that it has priced its initial public offering of 14 million shares of Class A common stock at $20.00 per share. Shares are expected to begin trading on the Nasdaq under the ticker 'YSWY' on April 22. The offering is expected to close on April...
TUI AG (TUI1.DE) said it expects second quarter underlying EBIT at constant currency to rise 5 million to 25 million euros from prior year level. The Group said its strong financial position and robust balance sheet provide flexibility to navigate the current environment while executing its strategic...
Ipsen (IPN.PA, I7G.F) announced that the European Commission has granted conditional marketing authorization for Ojemda as monotherapy for the treatment of patients 6 months of age and older with pediatric low-grade-glioma harboring a BRAF fusion or rearrangement, or BRAF V600 mutation, who have progressed...
Reckitt Benckiser Group (3RB.DE, RKT.L) reported that Core Reckitt delivered first quarter LFL net revenue growth of 1.3%, impacted by very low seasonal incidence, weak categories in Europe and geopolitical disruption. Excluding seasonal OTC, Core Reckitt delivered 3.1% growth. Core Reckitt + MJN net...
Vicom Ltd. (WJP.SI), a Singapore-based investment holding company, on Wednesday announced the appointment of Chung Tying Chun as Deputy Chief Executive Officer, effective May 1. Chung will support the CEO in the leadership and management of the group's business and operations. Chung currently serves...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.