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  • Zebra Tech Earnings Decline In Q1; Guides FY26 May 12, 2026 07:00 ET

    Zebra Technologies Corp. (ZBRA), on Tuesday reported a decline in the net income despite higher sales in the first quarter compared with the previous year. For the first quarter, net income decreased to $135 million from $136 million in the prior year. Earnings per share were $2.72 versus $2.62...

  • Amazon Launches 30-Minute Delivery Service In Dozens Of U.S. Cities May 12, 2026 06:58 ET

    Amazon.com Inc. (AMZN) on Tuesday announced the expansion of its ultra-fast delivery service Amazon Now to dozens of cities across the United States. The ecommerce giant started piloting the service, which allows consumers to receive orders in 30 minutes or less, in a few U.S. cities in December last...

  • Diodes Chairman Keh-Shew Lu Retires, Angie Chen Button To Be Chairwoman May 12, 2026 06:49 ET

    Tuesday, Diodes Incorporated (DIOD) announced the retirement of Board Chairman Keh-Shew Lu, effective immediately. Following Lu's retirement, the Board has elected Angie Chen Button as Chairwoman of the Board. She joined the company's Board in April 2021 as an independent director and has served...

  • T1 Energy Reports Net Income From Cont. Ops. In Q1 May 12, 2026 06:43 ET

    T1 Energy (TE) reported a net loss attributable to common stockholders for the first quarter of $21.4 million, or $0.08 per share compared to a net loss of $17.1 million, or $0.11 per share, a year ago. Net income from continuing operations was $3.9 million, or $0.01 per share for the first quarter compared...

  • IREN Announces Pricing Of $2.6 Bln Offering Of Convertible Senior Notes May 12, 2026 06:40 ET

    Tuesday, IREN Limited (IREN) announced the pricing of a $2.6 billion private offering of 1.00% convertible senior notes due 2033, which was increased from the previously announced offering size of $2 billion. Of the total proceeds, the company intends to use approximately $174.5 million to fund the...

  • Qnity Electronics Earnings Up In Q1; Raises FY26 Guidance May 12, 2026 06:33 ET

    Qnity Electronics, Inc. (Q), a high-performance computing and advanced connectivity, on Tuesday reported decreased net income despite higher sales in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to the company stockholders decreased to...

  • EBay Board Rejects Unsolicited Proposal From GameStop May 12, 2026 06:33 ET

    Global commerce major eBay Inc. (EBAY) Tuesday announced that its Board of Directors has determined to reject GameStop's unsolicited, non-binding acquisition proposal. On May 3, GameStop has revealed its proposal to acquire eBay for $125 per share in 50 percent cash and 50 percent GemeStop common...

  • Coloplast Slips To Loss In Q2 On Hefty Charge, Revenues Rise; Confirms FY26 Outlook May 12, 2026 05:46 ET

    Coloplast A/S (COLO-B.CO), a medical devices manufacturer, reported Tuesday a loss in its second quarter, compared to prior year's profit, mainly hurt by a hefty impairment loss related to Kerecis, despite higher revenues. Further, the firm reaffirmed fiscal 2026 outlook. In Copenhagen, the shares...

  • KBC Group Q1 Profit Rises May 12, 2026 04:36 ET

    KBC Group (KBCSF) reported that its first quarter profit attributable to equity holders of the parent increased to 557 million euros from 546 million euros, prior year. Earnings per share was 1.32 euros, flat with last year. First quarter net interest income increased to 1.67 billion euros from 1.42...

  • Kao Earnings Up In Q1; Guides FY27 May 12, 2026 04:03 ET

    Kao Corp. (KAOCF, 4452.T), a Japanese manufacturer and chemical company, on Tuesday, reported higher net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to the owners of the parent increased to 31 billion yen from 22.85 billion yen...

  • Elbit Systems Unit Wins $212 Mln U.S. Army Order For Night Vision Goggle Systems May 12, 2026 03:32 ET

    Elbit Systems Ltd. (ESLT), on Tuesday announced that its U.S. subsidiary, Elbit Systems of America Night Vision LLC, received a delivery order valued at approximately $212 million from the U.S. Army for the continued production of Enhanced Night Vision Goggle - Binocular systems. The deliveries under...

  • Salzgitter Turns To Profit In Q1, Sales Edge Up; Lifts FY26 Earnings View, Backs Sales Forecast May 12, 2026 03:20 ET

    Salzgitter AG (SZGPF, SZGPY, SZG.DE), a German steel manufacturer, on Tuesday reported a profit in its first quarter, compared to prior year's loss, amid slightly higher sales and Crude steel production. Further, the firm lifted fiscal 2026 earnings forecast, and maintained sales view. On XETRA in...

  • Mediobanca Q1 Net Profit Declines May 12, 2026 03:20 ET

    Mediobanca (MB.MI, MDBI.MI) reported first quarter net profit attributable to company of 322.7 million euros, down 3.4% from prior year, exclusively due to higher taxation and one-off items. Total income for the period was 938.6 million euros, up 3.1%. Net interest income was 487.5 million euros,...

  • Imperial Brands H1 Adj. Operating Profit Up 0.6% May 12, 2026 02:50 ET

    Imperial Brands (ITB.DE, IMB.L) reported that first half profit to owners of the parent declined to 475 million pounds from 808 million pounds, prior year. Earnings per share was 59.5 pence compared to 96.2 pence. Adjusted operating profit was 0.6% higher year-on-year to 1.64 billion pounds. Adjusted...

  • Vodafone Turns To Pre-tax Profit In FY26, Attributable Loss Narrows; Sees Growth In Mid-term May 12, 2026 02:41 ET

    Telecom major Vodafone Group Plc (VOD.L, VOD) reported Tuesday a pre-tax profit in fiscal 2026, compared to prior year's loss, while attributable loss sharply narrowed from last year. The results mainly reflected the absence of prior year's impairment charges and higher revenues. Looking ahead...

Global Economics Weekly Update - May 04 – May 08, 2026

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.

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