Tuesday, Starboard Value LP, one of the largest shareholders of Dynatrace, Inc. (DT), announced that it has delivered a letter to the company's Chief Executive Officer, Rick McConnell, Chief Financial Officer, Jim Benson, and its Board of Directors. The letter stated that Starboard believed enterprise...
Abbott Laboratories (ABT) on Tuesday said it received U.S. Food and Drug Administration (FDA) clearance and CE Mark for its next-generation Ultreon 3.0 AI-powered coronary imaging platform. The system uses optical coherence tomography (OCT) to provide real-time guidance to doctors during minimally...
Watsco, Inc. (WSO), a distributor of air conditioning, heating and refrigeration equipment, announced on Tuesday that it has agreed to acquire Jackson Supply company, a sunbelt HVAC distributor. The financial details of the transaction, expected to close in the second quarter, have not been divulged. Jackson...
Purple Innovation, Inc. (PRPL) announced Tuesday that Chief Financial Officer Todd Vogensen will depart the Company effective May 1, 2026, to pursue another opportunity. The Company also announced the appointment of Robert Lucian as Chief Financial Officer, effective April 27, 2026. Lucian is a seasoned...
Profluent, an AI-first protein design company, on Tuesday announced a multi-program partnership with Eli Lilly and Company worth up ?to $2.25 billion to develop AI-designed enzymes for genetic medicines. The deal includes an upfront payment, along with potential development and commercial milestone...
ArcBest (ARCB), a logistics company, Tuesday reported a loss in the first quarter compared with profit last year, despite higher revenues. For the First quarter, Net loss was $1.04 million or $0.05 per share, compared with the net income of $3.13 million or $0.13 per share, in the prior year. The...
Tuesday, MegaMex Foods, founded by Herdez del Fuerte and Hormel Foods Corporation (HRL), announced the launch of the HERDEZ Asada line, bringing the vibrant flavors of traditional Mexican grilling to American homes. Available exclusively at Walmart, this new line of marinades, taco seasonings, and...
Rare Earths Americas, Inc. (REA), a critical minerals exploration company, on Tuesday, announced the launch of its initial public offering of approximately 2.8 million shares of stock. The company expects the offering price to be between $17 and $19 per share. The company also granted underwriters...
Franklin Electric Co., Inc. (FELE) reported Tuesday that net income attributable to the company for the first quarter grew to $34.33 million or $0.77 per share from $30.96 million or $0.67 per share in the prior-year quarter. Excluding items, adjusted earnings for the latest quarter was $0.83 per...
S&P Global Inc. (SPGI), on Tuesday reported its higher net income in the first quarter compared with the previous year. For the first quarter, net income attributable to the company increased to $1.40 billion from $1.09 billion in the previous year. Earnings per share were $4.69 versus $3.54...
CECO Environmental (CECO) posted a first quarter net loss of $0.4 million, compared to net income of $36.0 million, a year ago. Loss per share was $0.01 compared to net income of $0.98. Non-GAAP net income was $13.9 million, compared to $3.5 million, last year. Adjusted earnings per share increased to...
The Sherwin-Williams Co. (SHW), a paints and coatings company, on Tuesday reported higher net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income increased to $534.7 million from $503.9 million in the previous year. Earnings per share were $2.15...
PPG Industries, Inc. (PPG), a manufacturer of paints, coatings, and specialty materials, on Tuesday said it has appointed Jamie A. Beggs as senior vice president and chief financial officer, effective July 6. Beggs succeeds Vincent J. Morales, who will retire on the same date after a 41-year career...
American Tower (AMT) reported Tuesday that net income attributable to common stockholders for the first quarter surged to $859.5 million or $1.84 per share from $488.7 million or $1.04 per share in the prior-year quarter. Adjusted Funds From Operations (AFFO) attributable to AMT common stockholders...
The Coca-Cola Company(KO) on Tuesday revised its annual earnings guidance and initiated outlook for the second quarter of fiscal 2026. For the second quarter, the company expects comparable earnings per share (EPS) percentage growth to include around 3% currency tailwind. In addition, Coca-Cola anticipates...
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.