After turning in a strong performance last week, stocks showed a lack of direction over the course of the trading session on Monday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing modestly higher.
After reporting a sharp pullback by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Monday showing existing home sales rebounded by much less than expected in the month of April. NAR said existing home sales crept up by 0.2 percent to an annual rate of 4.02 million in April.
Following the strong upward move seen last week, stocks have shown a lack of direction over the course of trading session on Monday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are posting modest gains.
Check Point Software Technologies Ltd. (CHKP), a provider of cyber security solutions, on Monday said its board has approved a $2 billion expansion of its ongoing share repurchase program. The new plan extends the company's existing buyback authorization approved in July 2024, which is expected...
Hycroft Mining Holding Corporation (HYMC), on Monday announced that Chief Executive Officer Diane Garrett has assumed the additional role of Executive Chairman. The gold and silver developer said the appointment is intended to further align Board and management leadership as it executes its growth...
The UK Government has announced that it worked with international partners to ensure the safe return of all remaining British nationals on board the hantavirus-stricken cruise ship, with passengers now safely transferred to Arrowe Park Hospital in Birkenhead, England. 20 British nationals along...
The U.S. Department of Health and Human Services has announced that an American passenger who was evacuated from the the hantavirus-stricken cruise ship has been tested positive for the virus, and another has been diagnoed with mild symptoms. They are among 17 American passengers who were airlifted to the United States after being evacua
RPM Freight Systems LLC., an automotive logistics company, on Monday announced the appointment of Joe Bojaj as Chief Financial Officer. Bojaj will report to John Perkovich, President of RPM North America, and the company's Board of Directors. Bojaj joins the company with experience in financial...
The Mosaic Company (MOS) reported a first quarter net loss attributable to company of $257.6 million, compared to profit of $238.1 million in the same period of 2025. Loss per share was $0.81, compared to profit per share of $0.75. The company said its first quarter results were negatively impacted by...
Stocks may move to the downside in early trading on Monday, giving back ground following the strong upward move seen last Friday. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent. Some traders may look to cash in...
Raytheon, a unit of RTX Corporation (RTX) on Monday said it has secured a contract from Mitsubishi Heavy Industries to provide SeaRAM ship self-defense systems for Australia's Sea3000 General Purpose Frigate program. Financial terms of the contract were not disclosed. The Sea3000 program is set...
Dream Finders Homes, Inc. (DFH), a house builder, said on Monday that it has submitted a proposal to the board of Beazer Homes USA, Inc. (BZH) to acquire Beazer at $25.75 per share in cash, which reflects a total equity value of around $704 million. This acquisition proposal reflects a cash premium...
Monday, Fox Corporation (FOX) announced its third-quarter financial results, reporting a net income attributable to the company's stockholders of $166 million, or $0.38 a share, compared to $346 million, or $0.75 a share, in the prior year. On an adjusted basis, earnings increased to $570 million,...
Shares of Alpha Tau Medical Ltd. (DRTS) are up over 12% at $9.60 in premarket trading on Monday, following encouraging interim results from its U.S. Alpha DaRT recurrent glioblastoma trial, dubbed REGAIN.
Crescita Therapeutics Inc. (CRRTF.PK, CTX.TO), Monday announced its first-quarter financial results, reporting a net loss of C$1.160 million, or C$0.06 a share, compared to C$0.932 million, or C$0.05 a share, last year. Operating loss amounted to C$1.2 million compared to C$1.1 million in the earlier...
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.