Kornit Digital (KRNT) reported a first quarter GAAP net loss of $8.2 million, or $0.19 per share, compared with a net loss of $5.1 million, or $0.11 per share, in the prior year period. Non-GAAP net loss was $0.4 million, or $0.01 per share, compared with non-GAAP net income of $0.6 million, or $0.01...
The U.S. Food and Drug Administration on Tuesday took two decisive actions focused on food chemical safety. First, the agency finalized its new proactive food chemical safety post-market assessment program. Second, the FDA launched reassessments of butylated hydroxytoluene (BHT) and azodicarbonamide...
Wednesday, Vishay Intertechnology, Inc. (VSH) announced its first-quarter financial result, reporting a net profit of $7.2 million, or $0.05 a share, compared with last year's net loss of $4.1 million, or $0.03 a share. The company turned to profit during the quarter mainly due to higher revenue and...
Hydro One Ltd. (H.TO), on Wednesday, reported higher net income in the first quarter of 2026 compared with the previous year. The company also declared a cash dividend. The company said that the year-over-year increase in earnings per share was primarily driven by higher revenue from Ontario Energy...
Tower Semiconductor (TSEM) has signed Silicon Photonics or SiPho contracts for $1.3 billion for 2027 revenue with its largest customers, and the receipt of $290 million in customers prepayments for capacity reservation. The company said this initial commitment is further reinforced by an even larger...
Footwear manufacturer Yue Yuen Industrial (Holdings) Limited (YUEIF, 0551.HK) reported Wednesday lower profit in its first quarter, hurt by weak revenues. In the first quarter, profit attributable to owners of the company dropped to $35.18 million from last year's $75.76 million. Profit before...
Wednesday, Eli Lilly and Company (LLY) announced results from two late-phase trials showing that people with obesity maintained their weight loss long term with either Foundayo or lower-dose Zepbound after switching from higher doses of injectable incretin therapy. In SURMOUNT-MAINTAIN trial, both...
Shares of Merck KGaA were gaining around 8 percent in German trading after the science and technology major on Wednesday lifted its fiscal 2026 guidance and maintained mid-term view, despite weak first-quarter results. Looking ahead for fiscal 2006, Merck now anticipates net sales between 20.4 billion euros and 21.4 billion euros, and EBITDA pre between 5.7 billion euros and 6.1 billion euros.
U.S. Transportation Secretary Sean P. Duffy has announced that United Airlines would resume flights to Venezuela this summer for the first time since June 2017. This follows President Trump's agenda to expand U.S. energy sources to drive down costs for consumers. "United's first flight to Venezuela in 8 years marks another exciting development in the relationship between our two countries," said
President Donald Trump said that he doesn't think about Americans' financial situation' when related to the Middle East war's impact on them, but more important is to make sure that Iran cannot have a nuclear weapon. Trump made the comment while responding to a question, to what extent "Americans' financial situations" were motivating him to make a deal with Iran to end the 10 weeks-old conflict
While reporting financial results for the fourth quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) provided its adjusted earnings and revenue guidance for the first quarter and for the full-year 2027. For the first quarter, the company projects adjusted earnings in the range...
Boyd Group Services (BYD.TO, BGSI) reported a first quarter net loss of $7.9 million, compared to a loss of $2.6 million, prior year. The net loss was impacted by acquisition and transformational cost expenses in the first quarter of 2026 related to the Joe Hudson acquisition and Project 360. Loss per...
Sumitomo Mitsui Financial Group, Inc. (SMFG), on Wednesday, reported higher net income in the full year 2026 compared with the previous year. For the full year 2026, profit attributable to owners of the parent increased to 1.58 trillion yen from 1.18 trillion yen in the previous year. Earnings...
Nissan Motor Co. Ltd. (7201.T) reported that its fiscal 2025 net loss attributable to owners of parent narrowed to 533.10 billion yen from a loss of 670.90 billion yen, prior year. Basic loss per share was 152.58 yen compared to a loss of 187.08 yen. Operating income was 58.00 billion yen, down 16.9%....
German telecom major Deutsche Telekom AG on Wednesday reported weak profit in its first quarter, despite slightly higher revenues. Further, the firm maintained fiscal 2026 outlook for adjusted earnings per share, and raised adjusted EBITDA AL view, reflecting the recently raised guidance of its subsidiary,...
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.