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,...
German conglomerate Siemens AG on Wednesday maintained its fiscal 2026 outlook after reporting weak profit and revenues in the second quarter. On the XETRA in Germany, the shares were losing around 1.2 percent. For fiscal 2026, Siemens continues to expect basic earnings per share pre purchase price allocation accounting or PPA of 10.70 euros to 11.10 euros.
Korea Electric Power Corp. (KEP), on Wednesday reported that its net income increased in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company increased to KRW 2.49 trillion from KRW 2.33 trillion in the previous...
SK Innovation (096770.KS) reported first quarter net income attributable to shareholders of the parent company of 964.39 billion Korean Won, compared to a loss of 228.95 billion won, a year ago. Operating income was 2.16 trillion won versus a loss of 30.74 billion won for the same period last year. First...
Breeze Acquisition Corp. II (BREZU), a blank check company, announced the pricing of its initial public offering of 12.50 million units at $10.00 per unit to raise $125 million. The units are expected to begin trading on the Nasdaq on May 13, under the symbol "BREZU". Each unit includes one ordinary...
Ceconomy AG (MTAGF.PK, MTTRY.PK), a German consumer electronics retailer, reported Wednesday wider net loss in its second quarter, while Adjusted EBIT and Adjusted EBITDA increased from last year with sales growth. Further, the firm confirmed and specified guidance for fiscal 2026. For fiscal...
Korea Gas Corp. (036460.KS), on Wednesday reported higher net income despite lower sales in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company increased to KRW 548.65 billion from KRW 367.48 billion in the...
Toray Industries (3402.T) reported that its fiscal year profit attributable to owners of parent was 79.52 billion yen compared to 77.91 billion yen, prior year. Earnings per share was 52.87 yen compared to 48.84 yen. Core operating income was 141.9 billion yen, down 0.6%. For the fiscal year ended March...
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.