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  • EOG Resources Posts Higher Earnings In Q1 May 05, 2026 17:55 ET

    Tuesday, EOG Resources, Inc. (EOG) announced its first-quarter financial results, reporting earnings of $1.980 billion, or $3.70 per share, compared to $1.463 billion, or $2.65 per share, in the prior year. On an adjusted basis, earnings for the period stood at $1.825 billion, or $3.41 a share, compared...

  • International Flavors & Fragrances Swings To Net Income In Q1, Reaffirms FY26 Outlook May 05, 2026 17:41 ET

    Tuesday, International Flavors & Fragrances Inc. (IFF) announced financial results for the first quarter, reporting a net income of $169 million, or $0.66 a share, compared with a net loss of $1.018 billion, or $3.98 a share, last year. On an adjusted basis, net income stood at $211 million compared...

  • Jacobs Solutions Slips To Loss In Q2 Despite Strong Revenue Growth May 05, 2026 17:26 ET

    Tuesday, Jacobs Solutions Inc. (J) announced its second-quarter financial results, reporting a net loss from continuing operations of $42.9 million, or $0.32 a share, compared with a net profit of $11.2 million, or $0.10 a share, last year. Adjusted net earnings from continuing operations amounted...

  • ProAssurance Turns To Profit In Q1 May 05, 2026 17:15 ET

    Tuesday, ProAssurance Corporation (PRA) announced its first-quarter financial results, reporting a net income of $8.5 million, or $0.16 per share, compared with a net loss of $5.8 million, or $0.11 per share, last year. Total revenues declined 3.5 percent, to $262.6 million from $272.1 million in...

  • Unisys Corp Q1 Net Loss Widens, Reaffirms FY26 Revenue Growth May 05, 2026 17:07 ET

    Tuesday, Unisys Corporation (UIS) announced the first-quarter financial results, reporting net loss attributable to the company of $35.8 million, or $0.50 a share, compared to last year's $29.5 million, or $0.42 a share. On an adjusted basis, net loss attributable to the company amounted to $9.9 million,...

  • Adaptive Biotechnologies Q1 Loss Narrows May 05, 2026 16:55 ET

    Tuesday, Adaptive Biotechnologies Corporation (ADPT) announced financial results for the first quarter, revealing a net loss attributable to the company of $20.03 million, or $0.13 a share, compared to $29.6 million, or $0.20 a share, in the prior year. Loss from operations amounted to $19.2 million...

  • Manitowoc Company Posts Narrower Loss In Q1 May 05, 2026 16:46 ET

    Tuesday, The Manitowoc Company, Inc. (MTW) announced the first-quarter financial results, reporting a net loss of $6.0 million, or $0.17 a share, compared to $6.3 million, or $0.18 a share, in the prior year. On an adjusted basis, loss amounted to $4.6 million, or $0.13 a share, compared to $5.7 million,...

  • Sharp Pullback By Crude Oil Leads To Strength On Wall Street May 05, 2026 16:18 ET

    After coming under pressure over the course of the previous session, stocks showed a strong move back to the upside during trading on Tuesday. The Nasdaq and the S&P 500 more than offset yesterday's losses, reaching new record closing highs. The major averages pulled back off their best levels going into the end of the day but remained firmly positive.

  • Nasdaq Reaches Record Intraday High As Crude Oil Pulls Back Sharply May 05, 2026 11:24 ET

    Stocks have moved mostly higher over the course of the trading day on Tuesday, more than offsetting the weakness seen in the previous session. With the upward move, the tech-heavy Nasdaq has reached a new record intraday high. Currently, the major averages are hovering near their best levels of the day.

  • U.S. New Home Sales Increase Sharply In March, Exceed Estimates May 05, 2026 10:56 ET

    New home sales in the U.S. saw a substantial increase in the month of March, according to a report released by the Commerce Department on Tuesday. The report said new home sales spiked by 7.4 percent to an annual rate of 682,000 in March after soaring by 8.9 percent to an annual rate of 635,000 in February. Economists had expected new home sales to come in at an annual rate of 668,000.

  • U.S. Job Openings Edge Down Less Than Expected In March May 05, 2026 10:51 ET

    A report released by the Labor Department on Tuesday showed a modest decrease in U.S. job openings in the month of March. The Labor Department said job openings edged down to 6.866 million in March from an upwardly revised 6.992 million in February.

  • U.S. Services Index Indicates Slightly Slower Growth In April May 05, 2026 10:33 ET

    A report released by the Institute for Supply Management on Tuesday showed a slight slowdown in the pace of growth in U.S. service sector activity in the month of April. The ISM said its services PMI slipped to 53.6 in April after falling to 54.0 in March, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 53.7.

  • Amazon Partners Transaera To Expand Use Of High-Efficiency Heat Pump Technology May 05, 2026 10:26 ET

    Amazon.com, Inc. (AMZN) and Transaera, a cooling and dehumidification systems provider, announced Tuesday a new collaboration following a successful six-month field trial of Transaera's rooftop-based cooling technology at an Amazon logistics facility. The extended trial demonstrated consistent energy...

  • U.S. Trade Deficit Widens To $60.3 Billion In March, Roughly In Line With Estimates May 05, 2026 09:51 ET

    With imports increasing by modestly more than exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened roughly in line with economist estimates in the month of March. The Commerce Department said the trade deficit grew to $60.3 billion in March from a revised $57.8 billion in February.

  • Expeditors Q1 Earnings Rise May 05, 2026 09:19 ET

    Expeditors International of Washington, Inc. (EXPD), on Tuesday reported higher income in the first quarter of 2026 compared with the previous year, supported by strong execution during a period of disruption, with the company leveraging its non-asset-based model to grow revenue and margins, while quickly...

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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