The Scotts Miracle-Gro Company (SMG) has reaffirmed its annual guidance, citing its current performance. For fiscal 2026, the company still expects adjusted profit from continuing operations of $4.15 per share to $4.35 per share. For fiscal 2025, the company had reported adjusted income of $3.74 per...
Raytheon, an RTX Corp. (RTX) business, announced Wednesday it has been awarded a $515 million contract from the U.S. Navy for the SPY-6 family of radars. The contract is a follow-on to the Integration and Production Support contract, which was awarded in June 2025, and includes upgrading Flight IIA...
After inching higher over the past few sessions, stocks may give back some ground in early trading on Wednesday. The major index futures are currently pointing to a modestly lower open for the markets, with the S&P 500 futures down by 0.2 percent. Uncertainty about the situation in the Middle East...
A study published in CDC's Emerging Infectious Diseases journal Tuesday highlights a growing concern for adverse outcomes from patients who have traveled abroad to undergo cosmetic procedures. The findings underscore the need for patients considering medical procedures abroad to fully understand the...
Wednesday, MSCI Inc. (MSCI) announced the appointment of Kashi Kakarla as Chief Technology Officer and Head of Product Engineering, effective June 22. Most recently, he led technology and engineering for the Intuit Small Business Platform. At MSCI, Kakarla will lead product technology and engineering...
Biopharmaceutical company Arcus Biosciences, Inc. (RCUS) announced Wednesday a clinical trial collaboration and supply agreement with Bristol Myers Squibb (BMY). Under the agreement, Arcus will supply casdatifan, the company's investigational small-molecule HIF-2a inhibitor, to be evaluated as part...
Waters Corporation (WAT) on Wednesday said the BD BACTEC FXI Culture System has received U.S. Food and Drug Administration 510(k) clearance. The BD BACTEC FXI Culture System is a next-generation, fully automated blood culture system designed to improve the speed, consistency, and accuracy of bloodstream...
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May. ADP said private employment shot up by 122,000 jobs in May after increasing by a downwardly revised 105,000 jobs in April. Economists had...
Cocrystal Pharma, Inc. (COCP) on Wednesday announced that it has appointed James Sapirstein chief executive officer, effective immediately, replacing co-chief executives Sam Lee and Jim Martin. In pre-market activity on Nasdaq, shares of Cocrystal Pharma were up 5.60 percent, changing hands at $1.1088,...
Through the April tax filing deadline, American families and Workers have claimed $82 billion in individual relief directly from the Working Families Tax Cuts, the Department of the Treasury's new analysis of this past tax filing season confirms. 97 percent of filers received a tax cut this past filing...
Wednesday, Ascidian Therapeutics along with Eli Lilly and Company (LLY) announced a global research collaboration and licensing agreement to discover and develop therapies for undisclosed monogenic kidney diseases, with the option to expand to additional target As per the terms of the deal, Lilly...
President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an
Shares of Inditex - Industria de Diseño Textil SA were gaining around 4 percent in Spanish trading after the clothing major on Wednesday reported higher first-quarter results, as well as higher sales for the second quarter-to- date period on strong demand. Looking ahead for fiscal 2026, Zara owner said it expects a stable gross margin, plus or minus 50 basis points.
Investment manager Wellington Management on Wednesday said it has agreed to acquire Hartford Funds from Hartford Financial Services Group Inc. (HIG) in a deal with an estimated net present value of $1.9 billion. The Hartford will receive $300 million in cash at closing and additional payments tied...
Macy's, Inc. (M) revised its fiscal 2026 guidance, including raising net sales, comparable sales, and adjusted EPS guidance. Adjusted EPS is now expected in a range of $2.00 to $2.20, revised from prior guidance range of $1.90 to $2.10. Net sales are now expected in a range of $21.5 billion to $21.75...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.