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  • EQ Resources Walks Away From Tungsten Metals Group Deal; Stock Down May 01, 2026 02:47 ET

    EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review that determined the deal is not in shareholders' best interests. The global tungsten producer, with operations in...

  • Axsome: FDA Approves AUVELITY For Treatment Of Agitation Associated With Dementia Due To Alzheimer's May 01, 2026 02:00 ET

    Axsome Therapeutics (AXSM) announced the FDA has approved AUVELITY for the treatment of agitation associated with dementia due to Alzheimer's disease. The FDA approval of AUVELITY is supported by a clinical program which included the Phase 3 ADVANCE-1 and ACCORD-2 studies. AUVELITY is a first-in-class...

  • Seaport Therapeutics Prices Upsized IPO Of 14.16 Mln Shares At $18 Each May 01, 2026 01:49 ET

    Seaport Therapeutics, Inc. (SPTX) said it has priced its upsized initial public offering of 14.16 million shares at $18 per share, at the top of the target range. The company is expected to raise about $254.9 million in gross proceeds from the offering. It has also granted underwriters a 30-day option...

  • Contact Energy Names Jon Macdonald New Chair, Succeeding Rob McDonald May 01, 2026 01:37 ET

    Contact Energy Limited (BZB.F, CEN.AX, COENF), a New Zealand-based electricity and gas provider, announced Friday that its board has elected current director Jon Macdonald to succeed Rob McDonald as Chair, effective at the conclusion of the Annual Shareholder Meeting later this year. Rob McDonald...

  • Eastman Chemical Q1 Profit, Sales Decline May 01, 2026 01:36 ET

    Eastman Chemical Company (EMN) on Friday reported lower profit for the first quarter, primarily due to decline in sales. Earnings before income taxes decreased to $136 million from $253 million a year ago. Earnings before interest and taxes declined to $188 million, down from $302 million in the...

  • Victory Square: Hydreight Delivers Record Growth And Profitability In FY25 May 01, 2026 01:01 ET

    Victory Square Technologies Inc. said Hydreight Technologies delivered record results for fiscal 2025. Adjusted EBITDA was $2.5 million compared to $136 thousand, prior year. Revenue increased to approximately $35.4 million from approximately $16.04 million. Adjusted revenue was $43.56 million, up 95%...

  • Mitsui & Co FY26 Results Down, Lifts Dividend, Sees Higher Earnings In FY27; Stock Down May 01, 2026 00:47 ET

    Japanese trading and investment major Mitsui & Co., Ltd. (MITSF.PK, MITSY.PK, 8031.T) reported Friday lower profit and revenues for fiscal 2026. Further, the company issued fiscal 2027 outlook, expecting higher earnings. In Japan, Mitsui & Co. shares were losing around 3.6 percent to trade at 5,685.00...

  • Coles Group Q3 Total Group Sales Revenue Up 3.1% YoY May 01, 2026 00:39 ET

    Coles Group (COL.AX) reported that, for 12 weeks from 5 January to 29 March 2026, total Group sales revenue was A$10.70 billion, up 3.1% from last year. Supermarkets sales revenue was A$9.8 billion for the third quarter, up 4.0% with comparable sales increasing by 3.6%. Excluding tobacco, Supermarkets...

  • AstraZeneca: Advisory Committee Recognises Favourable Benefit Risk Profile For Truqap Combination April 30, 2026 23:55 ET

    AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said the FDA's Oncologic Drugs Advisory Committee or ODAC has recognised a favourable benefit risk profile for AstraZeneca's Truqap in combination with abiraterone and androgen deprivation therapy for the treatment of patients with PTEN-deficient metastatic hormone-sensitive...

  • ANZ Group H1 Cash Profit Rises YoY April 30, 2026 23:38 ET

    ANZ Group Holdings Limited (ANZ.AX, AN3PG.AX) reported first half profit attributable to shareholders of A$3.65 billion compared to A$3.64 billion, prior year. Earnings per share, in cents, was 120.1 compared to 119.3. Cash profit was A$3.78 billion, up 6%. Cash Earnings Per Ordinary Share, in cents,...

  • U.S. Stocks Surge To New Record Highs On Upbeat Earnings News April 30, 2026 16:13 ET

    After seeing considerable volatility early in the session, stocks moved sharply higher over the course of the trading day on Thursday. The major averages all showed strong moves to the upside, with the Nasdaq and the S&P 500 reaching new record closing highs.

  • Integer Holdings Initiates Strategic Review, Turns To Profit In Q1; Stock Rises April 30, 2026 12:29 ET

    Thursday, Integer Holdings Corporation (ITGR) announced that its board initiated a strategic review, considering a full range of potential opportunities, including, but not limited to, a sale, merger, or strategic business combination, as compared to the value creation opportunities from continued execution...

  • U.S. Stocks Seeing Considerable Volatility But Dow Surging April 30, 2026 11:28 ET

    After moving to the upside at the start of trading, stocks have seen considerable volatility over the course of the session on Thursday. While the Dow has climbed more firmly into positive territory, the Nasdaq and the S&P 500 have swung back and forth across the unchanged line. Currently, the major averages are all in positive territory.

  • Hershey Reaffirms FY26 Outlook; Declares Dividend - Update April 30, 2026 10:43 ET

    While reporting financial results for the first quarter on Thursday, Hershey Co. (HSY) reaffirmed its earnings, adjusted earnings and net sales growth guidance for the full-year 2026. For fiscal 2026, the company continues to project earnings in the range of $7.77 to $8.19 per share and adjusted earnings...

  • U.S. Leading Economic Index Pulls Back Sharply In March April 30, 2026 10:37 ET

    The Conference Board released a report on Thursday showing a pullback by its reading on leading U.S. economic indicators in the month of March. The report said the leading economic index slid by 0.6 percent in March, more than reversing the 0.3 percent increase in February.

Global Economics Weekly Update: April 20 – April 24, 2026

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.

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