Latest Corporate News News
Hertz Q1 2026 Revenue Surges 11% to $2.0B, Losses Narrow
Hertz Global Holdings reported first-quarter 2026 revenue of $2.0 billion, up 11% year-over-year, with Adjusted Corporate EBITDA improving nearly 50% to $(161) million. Despite a GAAP net loss of $333 million, pricing rose 5% to $57.38 per day and depreciation fell 13%. The company launched Oro Mobility and expanded digital sales .
Lazard Reports Q1 2026 Results and Announces Campbell Lutyens Acquisition
Lazard released its first-quarter 2026 financial results and agreed to acquire Campbell Lutyens, positioning itself as the global leader in private capital advisory. The firm also hired Michael Ure for its Energy & Infrastructure group and declared a $0.50 quarterly dividend per share. Additional highlights include AI's impact on tech M&A .
Liberty Media Corporation Releases Q1 2026 Financial and Operating Results
Liberty Media Corporation announced its first-quarter 2026 financial and operating results, continuing a history of strong returns. The company is set to present at J.P. Morgan events, with investor relations based in Englewood, CO .
OceanaGold, Century Pacific Report Strong Q1 Earnings in Philippines
Philippine corporate earnings from OceanaGold, Century Pacific, East West Bank, and Puregold were featured in Market Edge updates. These results contributed to discussions on local stock market and peso performance amid global influences .
Philippine Stocks and Peso Update Amid Global Optimism
Market Edge reported on the Philippine stock market and peso, boosted by US-Iran peace deal optimism and AI tech rally. HSBC analyzed the 2.8% Q1 GDP growth miss and rice price impacts on households .
US-Iran Peace Deal Negotiations Spark Global Market Rally
Optimism over a US-Iran framework for deeper talks and easing Strait of Hormuz standoff fueled global markets, including AI tech rally. President Trump announced major war developments .
Knight Cancer Institute Secures Multi-Million Grant for Cancer Research
The Knight Cancer Institute received a multi-million dollar grant to study cancer spread and test treatments using 'organs on a chip' technology. This advances innovative oncology research .
DOJ Probes $2.6B Oil Trades Ahead of Price Drop
The DOJ and CFTC are investigating four oil market trades profiting over $2.6 billion by betting on price drops, linked to President Trump's war announcements. Sources confirm the probes into suspicious timing .
Ameresco and HASI Form Neogenyx Fuels Joint Venture for Biofuels
Ameresco and HASI announced Neogenyx Fuels, a JV to accelerate advanced biofuels growth, tied to a $1.8 billion transaction. This supports Lazard's energy sector advisory .
UPS Faces Civil Lawsuits Over Louisville Plane Crash Killing 15
UPS and partners hit with lawsuits from over 100 victims alleging negligence in the November plane crash into a Louisville neighborhood. The incident killed 15 people .
Medicare Expands Access to GLP-1 Weight Loss Drugs with Warnings
Medicare recipients gain access to popular GLP-1 drugs for weight loss, with cost details released, alongside warnings about dangerous bootleg versions. This expands treatment options .