The New York Fed’s manufacturing index rose sharply to 19.6, exceeding estimates and signaling stronger activity and inflation pressures. The Empire State Manufacturing Index climbed to 19.6 in May, surpassing the 7.8 consensus estimate and April’s 11.0 reading. The jump r
The benchmark index retreated sharply from its all-time peak, reversing gains driven by tech and semiconductor stocks. South Korea’s KOSPI index fell 8.4% from its record high of 8,046.78, wiping out ₩509 trillion in market value. The decline followed a surge fueled by AI-
The biopharma firm reports a Q3 GAAP loss of $0.09 per share and cash reserves of $3.2 million as of March 31, 2026. NanoViricides reported a GAAP loss of $0.09 per share for the third quarter, reflecting ongoing research and development expenses. The company’s cash positi
The $0.2656 payout matches prior quarters, offering a 6.21% forward yield for WFC.PR.D shareholders. Wells Fargo’s DEP CL A PFD DD (WFC.PR.D) announced a $0.2656 per share quarterly dividend, unchanged from previous distributions. The payout maintains a 6.21% forward yield
The $0.2938 payout matches prior quarters, yielding 6.27% with a June 15 payment date for eligible shareholders. Wells Fargo & Company’s DEP SH PFD CL A (WFC.PR.A) announced a $0.2938 per share quarterly dividend, unchanged from previous distributions. The forward yield st
Galectin Therapeutics reports a Q1 GAAP loss of $0.08 per share, exceeding analyst expectations by $0.02. Galectin Therapeutics posted a Q1 GAAP loss of $0.08 per share, missing estimates by $0.02. The wider-than-expected loss reflects ongoing operational costs and investm
Cuba faces severe fuel shortages and nationwide blackouts as US sanctions disrupt energy supplies, worsening economic instability. Cuba has exhausted its fuel reserves amid ongoing US sanctions, leading to widespread blackouts and water shortages across the country. The en
First-quarter earnings met estimates while revenue growth slowed and shipped volumes fell 7% year-over-year. ContextLogic reported first-quarter GAAP earnings of $0.33 per share on revenue of $32.4 million, a 0.3% year-over-year increase. The modest revenue growth contrast
UK regulators conditionally clear the $3.7B merger, requiring Shutterstock to divest its editorial business to address competition concerns. Britain’s Competition and Markets Authority approved Getty Images’ $3.7B acquisition of Shutterstock, contingent on the sale of Shut
SPHR partners with Abu Dhabi authorities to build its first international Sphere venue on Yas Island, marking a key expansion step. Sphere Entertainment Co. (SPHR) will develop Sphere Abu Dhabi on Yas Island, its first venue outside the U.S. The project is a collaboration
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