Krones AG (KRNNF.PK, KRNTY.PK, KRN.DE), a manufacturer of packaging and bottling machines, on Friday reported a lower profit for the first quarter, compared to the prior year. The decline is attributed to reduced revenue during the quarter. Net income declined 9.6 percent to 68.6 million euros or...
Eisai Co. Ltd (ESALY.PK) and Biogen Inc. (BIIB) on Friday said the U.S. Food and Drug Administration has extended by three months the review of LEQEMBI IQLIK as a starting dose for the treatment of early Alzheimer's disease. The new Prescription Drug User Fee Act (PDUFA) action date is August 24,...
Hankook Tire & Technology (161390.KS) reported that its first quarter net income attributable to shareholders of the parent company totaled 346.16 billion Korean Won, 8.28% higher than 319.69 billion won in the comparable period of the previous year. Operating income reached 506.96 billion won, grew...
Century Aluminum Company (CENX) reported significantly higher first-quarter profit, mainly driven by a gain on the sale of its Hawesville site. Net income attributable to Century rose to $337.5 million or $3.23 per share from $29.7 million or $0.29 per share a year earlier. The company recorded...
Smith & Nephew PLC (SNN, SN.L), a medical technology company, said on Friday that it has inked a deal with Merrill Lynch International to repurchase up to $250 million of shares at $0.20 per share as part of the first tranche of the share repurchase drive. This first tranche will commence on May 8...
Wynn Macau, Ltd. (1128.HK, WYNMY), a developer, owner, and operator of luxury integrated casino resorts, on Friday reported higher operating revenue for the three months ended March 31 compared with the previous year. The increase was primarily driven by higher VIP and mass market table games win...
Odyssey Therapeutics Inc. announced the pricing of its upsized initial public offering of 15.50 million shares of common stock at $18.00 per share. The company has also granted underwriters a 30-day option to purchase up to an additional 2.33 million shares at the same price, less underwriting discounts...
IAG (BAY.L, IAG.L, INR.DE, IAG.MC) reported that its first quarter profit after tax increased to 301 million euros from 176 million euros, prior year. Basic earnings per share, in euro cents, was 6.5 compared to 3.7. Operating profit before exceptional items was 351 million euros compared to 198 million...
Olin Corporation (OLN), a manufacturer and distributor of chemical products, reported a first-quarter loss, primarily due to lower sales. Net loss attributable to Olin was $83 million or $0.73 per share, compared with net income of $1.4 million or $0.01 per share in the prior-year quarter. The...
Forward Air Corporation (FWRD) reported a narrower first-quarter loss despite a decline in revenue, mainly helped by lower losses from other operations. The company posted a net loss of $40.20 million or $1.09 per share, down from a loss of $61.19 million or $1.68 per share in the prior-year period. In...
Logitech International SA (LOGN.SW) on Friday announced a new three-year $1.4 billion share buyback program, which is set to commence on May 8. "This $1.4 billion authorization, together with the $600 million previously approved in March 2025, aligns with the Company's stated capital allocation strategy...
Lonza (LONN.SW) reported a strong first quarter performance across its CDMO business in line with the expected trajectory for full year 2026. The company noted that, as expected, CER sales growth and CORE EBITDA margin will be notably stronger in the first half of 2026 than in the second half. Lonza...
ALTEOGEN Inc. (196170.KQ) reported first quarter net income attributable to shareholders of the parent company of 71.7 billion Korean won, a 13.8% decrease compared to 83.2 billion won, a year ago. Operating income was 39.3 billion won, down 35.6% from 61.0 billion won, last year. First quarter sales...
Mobia Medical, Inc. (MOBI), on Friday announced that it has priced its initial public offering of 10 million common shares at $15.00 each. The medical device company expects to raise gross proceeds of about $150.0 million from this offering. All shares are being offered by Mobia Medical, which...
COWAY (021240.KS) reported first quarter net income attributable to shareholders of the parent company of 182.0 billion Korean won, a 31.0% increase from the prior year period. Operating income was 250.9 billion won, up 18.8% year-over-year from 211.2 billion won, last year. First quarter sales were...
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.