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  • Choice Hotels International Promotes Tony Pallas To CTO June 08, 2026 09:21 ET

    Choice Hotels International, Inc. (CHH), a lodging franchisor, Monday announced that it has promoted Tony Pallas to Chief Technology Officer. In this role, he will lead enterprise technology, engineering, and SkyTouch Technology, Choice Hotels' hotel operations and property management technology platform...

  • Kneat To Go Private In C$650 Mln Takeover By Thoma Bravo June 08, 2026 09:13 ET

    kneat.com, inc. (KSI.TO, KSIOF), a digital validation and quality process automation company, Monday announced its definitive arrangement agreement to be acquired by Thoma Bravo, L.P., a privately held software-focused investment firm. Under the deal terms, holders of Kneat shares other than any Rollover...

  • Fuelcell Energy Reports Wider Q2 Loss, Shares Up In Pre-market June 08, 2026 09:13 ET

    Fuelcell Energy, Inc. (FCEL) reported wider loss for the second quarter of 2026, while the loss per share narrowed in the same quarter. In the pre-market hours on the Nasdaq, the shares were trading 3.58 percent up at $17.95, after closing Friday's regular trading at 19.02 percent down. Net loss...

  • AstroNova Swings To Profit In Q1, Stock Up In Pre-Market June 08, 2026 08:45 ET

    AstroNova, Inc. (ALOT), a print technology solutions provider, on Monday reported a return to profitability in the first quarter as revenue rose. In pre-market activity on the Nasdaq, shares of AstroNova were up 7.52 percent, changing hands at $15.58, after closing Friday's regular session 4.86 percent...

  • Caris Life Sciences Authorized Buy Back Up To $100 Mln June 08, 2026 08:42 ET

    Caris Life Sciences (CAI), an AI TechBio company, Monday announced that it has been authorized to repurchase up to $100 million of the company's outstanding common stock. The timing, manner, price, and amount of any repurchases will be determined at the Company's discretion based on a variety of factors,...

  • Johnson & Johnson To Acquire Firefly Bio To Expand Oncology Pipeline June 08, 2026 08:22 ET

    Johnson & Johnson (JNJ) on Monday announced a definitive agreement to acquire Firefly Bio, Inc., a biotechnology company for $1 billion in cash. The transaction is expected to close later this year. The acquisition is expected to expand Johnson & Johnson's oncology pipeline with Firefly Bio's...

  • Aker BP Raises Ownership Interest In Johan Sverdrup To 31.72% After Redetermination June 08, 2026 07:38 ET

    Aker BP ASA (AKRBP.OL) Monday announced the completion of redetermination process for the Johan Sverdrup Unit. Following the process, the company's ownership interest in the unit will be increased to 31.7163 percent from 31.5733 percent previously. Johan Sverdrup, a producing oil fields on the Norwegian...

  • EHang Approves $30 Mln Share Repurchase Program; Stock Up In Pre-market June 08, 2026 07:25 ET

    EHang Holdings Ltd. (EH), a Chinese aerospace and technology company, on Monday announced that its board of directors approved a share repurchase program. The program authorizes the company to repurchase up to $30 million of its American Depositary Shares or ordinary shares over the next 12 months. The...

  • The Campbell's Company Bottom Line Climbs In Q3 June 08, 2026 07:21 ET

    The Campbell's Company (CPB) revealed a profit for its third quarter that Increases, from last year The company's bottom line came in at $124 million, or $0.41 per share. This compares with $66 million, or $0.22 per share, last year. Excluding items, The Campbell's Company reported adjusted earnings...

  • Sempra Infrastructure Appoints Bhavesh Patel As CEO June 08, 2026 07:14 ET

    Sempra Infrastructure, a subsidiary of utility company, Sempra (SRE), Monday announced that it has appointed Bhavesh Patel as its incoming chief executive officer as he will assume this role upon the closing of a KKR-led consortium's acquisition of a majority ownership stake in the company. Justin...

  • Brady Appoints Vineet Nargolwala CEO As Russell Shaller Retires June 08, 2026 07:13 ET

    Brady Corp. (BRC), a developer and manufacturer of specialty products, on Monday announced that it appointed current board member Vineet Nargolwala as Chief Executive Officer, effective June 8. Vineet Nargolwala will succeed CEO Russell Shaller, who will retire after 11 years with the company. Shaller...

  • Tate & Lyle Stock Up On $3.6 Bln Cash Deal To Be Bought By Ingredion June 08, 2026 07:11 ET

    Shares of Tate & Lyle Plc were gaining around 14% on the London Stock Exchange after the British sweetener and food solutions firm announced Monday its agreement to a 595 pence per share all-cash deal to be bought by U.S. food ingredients maker Ingredion Inc. The cash consideration values Tate & Lyle at around 2.7 billion pounds or $3.6 billion, with an implied enterprise value of...

  • Pfizer Says FDA Approves Expanded HYMPAVZI Indication For Hemophilia A And B June 08, 2026 07:08 ET

    Pfizer, Inc. (PFE) announced Monday that the U.S. Food and Drug Administration (FDA) has approved an expanded indication for HYMPAVZI (marstacimab-hncq) to include the treatment of patients with hemophilia A or B 12 years and older with inhibitors and pediatric patients (ages 6 to 11 years) with or without...

  • Graham Corp Profit Falls In Q4 June 08, 2026 07:06 ET

    Graham Corp (GHM) revealed earnings for fourth quarter that Drops, from last year The company's earnings totaled $1.97 million, or $0.18 per share. This compares with $4.39 million, or $0.40 per share, last year. Excluding items, Graham Corp reported adjusted earnings of $3.72 million or $0.33...

  • SUNation Energy To Merge With Suniva June 08, 2026 07:05 ET

    SUNation Energy, Inc. (SUNE) on Monday announced a definitive merger agreement with Sunniva Inc. (SNNVF), under which the combined company will operate under the Suniva name and continue SUNation's Nasdaq listing. The transaction is expected to close in the second half of 2026. Upon closing, pre-merger...

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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