International Paper Co. (IP) on Thursday reported a profit in its first quarter, compared to prior year's loss, with growth in revenues. Meanwhile, adjusted EBITDA declined from last year. Further, the provider of sustainable packaging solutions issued second-quarter outlook for adjusted EBITDA,...
Thursday, Wayfair Inc. (W) announced first-quarter financial results, reporting a net loss of $105 million, or $0.80 a share, compared to $113 million, or $0.89 a share, in the prior year. On an adjusted basis, earnings stood at $0.26 per share compared to $0.10 per share in the previous year. Revenue...
Healthcare services company Cardinal Health, Inc. (CAH), while reporting weak third-quarter profit but higher revenues, on Thursday raised and narrowed its fiscal 2026 outlook for adjusted earnings per share. In pre-market activity, the shares were gaining around 2.4 percent, trading at $207.71. For...
Automaker Stellantis N.V. (STLA) on Thursday reported a return to profit in the first quarter, supported by higher revenue. However, shares were trading down more than 5% or 42 cents at $7.28, in pre-market trading today.
Xerox Holdings Corp. (XRX) reported Thursday wider net loss in its first quarter on higher expenses, despite growth in revenues. Further, the firm maintained fiscal 2026 outlook. In pre-market activity on the Nasdaq, the shares were gaining around 5.1 percent to trade at $1.6500, after closing Wednesday's...
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.