EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review that determined the deal is not in shareholders' best interests. The global tungsten producer, with operations in...
Axsome Therapeutics (AXSM) announced the FDA has approved AUVELITY for the treatment of agitation associated with dementia due to Alzheimer's disease. The FDA approval of AUVELITY is supported by a clinical program which included the Phase 3 ADVANCE-1 and ACCORD-2 studies. AUVELITY is a first-in-class...
Seaport Therapeutics, Inc. (SPTX) said it has priced its upsized initial public offering of 14.16 million shares at $18 per share, at the top of the target range. The company is expected to raise about $254.9 million in gross proceeds from the offering. It has also granted underwriters a 30-day option...
Contact Energy Limited (BZB.F, CEN.AX, COENF), a New Zealand-based electricity and gas provider, announced Friday that its board has elected current director Jon Macdonald to succeed Rob McDonald as Chair, effective at the conclusion of the Annual Shareholder Meeting later this year. Rob McDonald...
Eastman Chemical Company (EMN) on Friday reported lower profit for the first quarter, primarily due to decline in sales. Earnings before income taxes decreased to $136 million from $253 million a year ago. Earnings before interest and taxes declined to $188 million, down from $302 million in the...
Victory Square Technologies Inc. said Hydreight Technologies delivered record results for fiscal 2025. Adjusted EBITDA was $2.5 million compared to $136 thousand, prior year. Revenue increased to approximately $35.4 million from approximately $16.04 million. Adjusted revenue was $43.56 million, up 95%...
Japanese trading and investment major Mitsui & Co., Ltd. (MITSF.PK, MITSY.PK, 8031.T) reported Friday lower profit and revenues for fiscal 2026. Further, the company issued fiscal 2027 outlook, expecting higher earnings. In Japan, Mitsui & Co. shares were losing around 3.6 percent to trade at 5,685.00...
Coles Group (COL.AX) reported that, for 12 weeks from 5 January to 29 March 2026, total Group sales revenue was A$10.70 billion, up 3.1% from last year. Supermarkets sales revenue was A$9.8 billion for the third quarter, up 4.0% with comparable sales increasing by 3.6%. Excluding tobacco, Supermarkets...
AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said the FDA's Oncologic Drugs Advisory Committee or ODAC has recognised a favourable benefit risk profile for AstraZeneca's Truqap in combination with abiraterone and androgen deprivation therapy for the treatment of patients with PTEN-deficient metastatic hormone-sensitive...
ANZ Group Holdings Limited (ANZ.AX, AN3PG.AX) reported first half profit attributable to shareholders of A$3.65 billion compared to A$3.64 billion, prior year. Earnings per share, in cents, was 120.1 compared to 119.3. Cash profit was A$3.78 billion, up 6%. Cash Earnings Per Ordinary Share, in cents,...
Thursday, Integer Holdings Corporation (ITGR) announced that its board initiated a strategic review, considering a full range of potential opportunities, including, but not limited to, a sale, merger, or strategic business combination, as compared to the value creation opportunities from continued execution...
Thursday, Guardant Health, Inc. (GH) announced a multi-year strategic collaboration with Nuvalent, Inc. (NUVL) to support the development and potential commercialization of the latter's oncology pipeline using the tissue and liquid offerings of the Guardant Infinity platform. Under the partnership,...
Hubbell Incorporated (HUBA, HUBB), a maker of electrical and electronic products, on Thursday revised up its annual total sales growth outlook. In addition, the company has revised earnings guidance. For fiscal 2026, the company now projects total sales growth of 8% to 11%, compared with the previous...
While reporting financial results for the first quarter on Thursday, gas and electric utility DTE Energy Co. (DTE) confirmed its operating earnings guidance for the full-year 2026 in the range of $7.59 to $7.73 per share. For the first quarter, the company reported net earnings of $247 million or...
Thursday, Hertz Global Holdings, Inc. (HTZ) announced that its affiliated operating company, Oro Mobility, and Uber Technologies, Inc. have partnered to boost Hertz's growth into new mobility vectors and advance Uber's autonomous robotaxi and driver-led strategic fleet services. Through this partnership,...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.