Shares of Cisco Systems Inc. were climbing around 20 percent in the overnight trading and are up 17 percent in pre-market activity on Nasdaq after the tech major raised fiscal 2026 outlook following double-digit growth in top and bottom-line in its third quarter. Further, amid the AI-focused restructuring, the firm announced a reduction of fewer than 4,000 jobs in the fourth quarter...
Sysmex (6869.T) reported fiscal year profit attributable to owners of the parent of 35.5 billion yen, a decline of 33.9% from prior year. Operating profit was 51.83 billion yen, down 40.8%. Earnings per share was 56.89 yen compared to 86.05 yen. For the fiscal year ended March 31, 2026, net sales were...
Casio Computer Co., Ltd. (CSIOF.PK), a Japanese electronics manufacturing company, on Thursday reported significantly higher profit in fiscal year ended March 31, 2026, driven by higher sales. Further, the company issued outlook for first half and fiscal 2027, expecting higher earnings and net sales. In...
Meritz Financial Group (138040.KS) reported first-quarter net income attributable to shareholders of the parent company of 666.97 billion Korean won, representing a 9.4 percent increase compared to 609.83 billion won in the same period of the previous year. Operating income totaled 854.83 billion won,...
Trend Micro Inc. (TMICY, 4704.T), a cybersecurity company, on Thursday reported higher net income in the first quarter of 2026 compared to with the previous year. For the first quarter, net income attributable to owners of the parent increased to 11.78 billion yen from 8.86 billion yen in the previous...
National Grid plc (NGG, NG.L, NNGF.DE), a British electricity and gas distributor, on Thursday reported higher profit in fiscal 2026, despite weak revenues. Further, the firm lifted dividend, issued fiscal 2027 outlook, expecting growth in underlying earnings per share, and maintained Five-year financial...
Burberry Group (BRBY.L) reported fiscal 2026 pretax profit of 49 million pounds compared to a loss of 66 million pounds, prior year. Profit per share was 5.9 pence compared to a loss of 20.9 pence. Adjusted profit before tax was 94 million pounds compared to a loss of 37 million pounds. Adjusted operating...
Honda Motor Co. (HMC) posted a loss for the year attributable to owners of the parent of 423.9 billion yen, compared to profit of 835.8 billion yen, last year. Loss per share was 106.06 yen compared to profit of 178.93 yen. Operating loss was 414.3 billion yen, compared to profit of 1.2 trillion yen,...
Bridgestone Corp. (BRDCY, 5108.T), a Japanese tire and rubber manufacturing company, on Thursday reported higher net income in the first quarter of 2026 compared with the previous year. The company has not changed the full year 2026 outlook. For the first quarter, profit attributable to the owners...
Spanish telecom major Telefónica SA (TELFY) reported Thursday narrower net loss in its first quarter, and higher adjusted EBITDA, amid slightly higher revenues. Further, the firm maintained fiscal 2026 outlook and dividend plan. In the first quarter, net loss attributable to equity holders of the...
The Federal Court in Australia has found that Coles Supermarkets Australia (COL.AX) misled customers through its "Down Down" discount promotions, a statement from the Australian Competition and Consumer Commission (ACCC) shows. The proceedings, initiated by the ACCC in September 2024, covered 245...
EagleRock Land, LLC (EROK), announced that it has priced its initial public offering of 17.3 million Class A shares at $18.50 each. The Permian Basin land management royalty company expects to raise net proceeds of about $286.6 million, or $331.3 million if underwriters fully exercise their 30-day...
Cisco Systems Inc. (CSCO) announced that it plans a reduction in overall workforce by fewer than 4,000 jobs in the fourth quarter. The planned reduction represents less than 5 percent of its total employee base. The company noted that most notifications will begin on May 14 and continue globally in...
Sony Financial Group Inc. (8729.T) reported fiscal year profit attributable to owners of the parent of 55.5 billion yen, down 29.6% from prior year. Earnings per share was 7.96 yen compared to 11.02 yen. Ordinary profit was 84.58 billion yen, an increase of 88.4%. For the fiscal year ended March 31,...
Micware Co.(MWC), Ltd., a Japan-based automotive software developer, on Thursday announced the pricing of its upsized initial public offering of 2.85 million American Depositary Shares at $8 per ADS. The offering is expected to close on or about May 15. The company granted the underwriters a 45-day...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.