Oil on track for weekly drop as Iran uncertainty persists
Oil prices declined Friday as Brent crude futures fell to $89.10 per barrel and West Texas Intermediate futures dropped to $82.89, putting both benchmarks on track for weekly losses.
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Oil prices declined Friday as Brent crude futures fell to $89.10 per barrel and West Texas Intermediate futures dropped to $82.89, putting both benchmarks on track for weekly losses.
HUTCHMED (NASDAQ:HCM) received conditional approval from China’s National Medical Products Administration for ATLED® (fanregratinib, HMPL-453), an oral FGFR 1/2/3 inhibitor for certain adults with advanced intrahepatic cholangiocarcinoma.
BW LPG (NYSE:BWLP) reported second-quarter 2026 profit attributable to equity holders of $120 million, or $0.79 per share, supported by shipping performance and higher market activity.
Hafnia (NYSE:HAFN) reported second-quarter 2026 net profit of $277.8 million, or $0.56 per share, compared with $75.3 million, or $0.15 per share, in the prior-year quarter as tanker earnings increased.
Macy’s (NYSE:M) announced that its Board of Directors declared a regular quarterly dividend of 19.15 cents per share on the company’s common stock.
KKR (NYSE:KKR) agreed to pay a $250 million civil penalty to settle U.S. Department of Justice allegations that it failed to comply with pre-merger filing requirements in at least 16 transactions.
Canadian Imperial Bank of Commerce (NYSE:CM) reported fiscal third-quarter 2026 net income of C$2.41 billion, or C$2.47 per diluted share, as revenue increased 15% year over year to C$8.37 billion.
Hyperliquid Strategies (NASDAQ:PURR) reported fiscal 2026 results with net income of $305.5 million, driven mainly by unrealized gains on HYPE tokens as the company expanded its digital asset treasury platform.
AstraZeneca (NASDAQ:AZN) and Amgen (NASDAQ:AMGN) reported Phase III CROSSING trial results showing TEZSPIRE® (tezepelumab-ekko) achieved statistically significant improvements in eosinophilic esophagitis outcomes, with benefits maintained through week 52.
Pearl Diver Credit Company (NYSE:PDCC) reported second-quarter 2026 results with net asset value per common share rising to $11.15 from $10.48 as of March 31, 2026, while GAAP net income reached $8.5 million.
Aviat Networks (Nasdaq:AVNW) reported fiscal 2026 fourth-quarter revenue of $120.9 million, up 4.8% year over year, as annual revenue increased to $439.7 million and backlog reached $367 million.
Lucky Strike Entertainment (NYSE:LUCK) reported fiscal 2026 revenue of $1.25 billion, up 3.7% year over year, as the location-based entertainment company expanded its portfolio while reporting lower profitability.
Youxin Technology (NASDAQ:YAAS) reported unaudited first-half fiscal 2026 revenue of $1.88 million, up 444% year over year, mainly due to the consolidation of Celnet and higher customized CRM development activity.
Viomi Technology (NASDAQ:VIOT) reported unaudited first-half 2026 net revenues of RMB740 million, down 49.9% year over year, as the company faced lower demand following the phase-out of national subsidies and a high prior-year comparison base.
Titan Machinery (NASDAQ:TITN) reported fiscal 2027 second-quarter revenue of $496.4 million, down from $546.4 million a year earlier, while gross margin increased to 18.6% as equipment margins and product mix improved.
Malibu Boats (NASDAQ:MBUU) reported fourth-quarter fiscal 2026 net sales of $295.5 million, up 42.7% year over year, as unit volume increased 19.2% to 1,456 units and adjusted EPS reached $0.92.
Best Buy (NYSE:BBY) reported second-quarter fiscal 2027 revenue of $9.8 billion, up 3.6% year over year, as adjusted earnings per share reached $1.47 and exceeded analyst estimates.
Burlington Stores (NYSE:BURL) reported second quarter 2026 total sales of $2.998 billion, up 11% year over year, while comparable store sales increased 2%.
Build-A-Bear Workshop (NYSE:BBW) reported second quarter fiscal 2026 revenue of $115.3 million, compared with $124.2 million in the same period last year, while pre-tax income reached $11.6 million.
Dollar General (NYSE:DG) reported second quarter fiscal 2026 net sales of $11.3 billion, up 5.2% year over year, while same-store sales increased 3.5%.
Baozun (NASDAQ:BZUN) reported second quarter 2026 net revenues of RMB2,743 million, up 7.5% year over year, supported by growth in services revenue and Brand Management operations.
C3is (NASDAQ:CISS) reported second quarter 2026 voyage revenues of $24 million, up from $10.7 million in the prior-year period, as daily time charter equivalent rates increased to $40,260.
Dollar Tree (NASDAQ:DLTR) reported second quarter fiscal 2026 results with total sales growth of 7% and comparable store net sales growth of 3.7%, supported by higher average customer spending.
Hormel Foods (NYSE:HRL) reported third quarter fiscal 2026 net sales of $2.96 billion, compared with $3.03 billion in the prior-year period, while organic net sales declined 2%.
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