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  • Amazon Signs Multibillion-Dollar Fiber Deal With Corning To Expand AI Data Center Network June 08, 2026 17:55 ET

    Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.

  • Oil-Dri Corp Of America Announces Increase In Q3 Income June 08, 2026 16:26 ET

    Oil-Dri Corp Of America (ODC) reported a profit for its third quarter that Increased, from the same period last year The company's earnings came in at $14.52 million, or $1.00 per share. This compares with $11.64 million, or $0.80 per share, last year. The company's revenue for the period rose...

  • Mama's Creations, Inc. Q1 Income Advances June 08, 2026 16:24 ET

    Mama's Creations, Inc. (MAMA) released a profit for its first quarter that Increased, from last year The company's earnings totaled $2.05 million, or $0.05 per share. This compares with $1.23 million, or $0.03 per share, last year. The company's revenue for the period rose 49.7% to $52.76 million...

  • Lavazza Brings Tablì Espresso Tablets To U.S., Challenging Single-Serve Coffee Outlets June 08, 2026 16:22 ET

    Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.

  • UAL CEO Says No Major U.S. Airline Mergers Expected After American Rebuffs Deal Idea June 08, 2026 16:17 ET

    United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.

  • VAIL RESORTS INC Q3 Income Falls June 08, 2026 16:17 ET

    VAIL RESORTS INC (MTN) revealed earnings for third quarter that Dropped, from the same period last year The company's bottom line came in at $314.43 million, or $8.81 per share. This compares with $389.74 million, or $10.46 per share, last year. The company's revenue for the period fell 7.0% to...

  • Apple Unveils Siri AI June 08, 2026 16:07 ET

    Tech giant Apple Inc. (AAPL) on Monday unveiled Siri AI, a completely redesigned version of Siri powered by Apple Intelligence. The new assistant is available for developer testing immediately and will be released as a beta later this year. Apple said Siri AI can understand personal context across...

  • Motorcar Parts Of America Shares Surge 37% After Return To Q4 Profit June 08, 2026 12:28 ET

    Motorcar Parts of America, Inc. (MPAA) shares soared 37.84 percent, gaining $4.01 to $14.60 on Monday after the automotive aftermarket parts supplier reported fourth-quarter results that showed a return to profitability on higher sales and operating income.

  • SUNation Energy Shares Surge 99% On Merger Deal June 08, 2026 12:18 ET

    SUNation Energy Inc. (SUNE) shares skyrocketed 99.11 percent, gaining $1.1150 to $2.2450 on Monday after the company announced a definitive reverse merger agreement with Suniva, U.S. merchant manufacturer of high-efficiency monocrystalline silicon solar cells.

  • Brady Corp Shares Fall 9% Following CEO Transition Announcement June 08, 2026 11:27 ET

    Brady Corporation (BRC) shares declined 9.45 percent, losing $8.36 to $80.26 on Monday after the company announced a leadership transition.

  • Raytheon Investing $100 Mln To Expand Its Portsmouth, Rhode Island-based Facility June 08, 2026 10:26 ET

    Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 years. The facility supports undersea technology, combat systems and radars. The expansion will accelerate Lower Tier...

  • Tyson Foods Appoints Wes Morris As COO While Devin Cole Retires June 08, 2026 10:23 ET

    On Monday, Tyson Foods, Inc. (TSN) announced the appointment of Wes Morris as Chief Operating Officer. Morris will succeed Devin Cole as he retires. During his tenure, Morris will take charge of the segments such as Beef, Pork, Chicken, Prepared Foods and International. With more than two decades...

  • AvalonBay, Equity Residential Appoint Benjamin Schall CEO Of Combined Entity June 08, 2026 09:49 ET

    Apartment REITs, Equity Residential (EQR) and AvalonBay Communities, Inc. (AVB) on Monday announced that they have named the executive team that will lead their $69 billion merger of equals, with AvalonBay CEO Benjamin Schall to serve as president and CEO of the combined firm. The all-stock deal,...

  • FICO Authorized Buy Back Up To $2 Bln June 08, 2026 09:37 ET

    Fair Isaac Corporation (FICO), a provider of analytics software, Monday announced that it has been authorized to repurchase up to $2 billion of its outstanding common stock. This new buyback program replaces the remaining availability under FICO's previous $1.5 billion stock repurchase program. Further,...

  • Griffon To Sell AMES Australasia Through JV With AMES June 08, 2026 09:29 ET

    Griffon Corp. (GFF) Monday revealed a definitive agreement to sell its AMES Australasia business to an investment group led by the management of AMES Australasia with support from Australian financial investors. The sale will be through a joint venture formed by Griffon and AMES. Griffon will receive...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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