<div id="readability-page-1"><div> For decades, Sweden was shorthand for the brand of high-tax, high-spend government that managed people's lives from cradle to grave through state-run hospitals, schools and care homes. The U.A.E. Has Been Secretly Carrying Out Attacks on Iran DUBAI-The United Arab Emirates has carried out military strikes on Iran, people familiar with the matter said, casting the Gulf monarchy as an active combatant in a war in which it has been Iran's biggest target. Its military is well-equipped with Western-made jet fighters and surveillance networks. And the attacks suggest the country is now more willing to use them to protect its economic power and growing influence across the Middle East. Write to pierre.bertrand@wsj.com TODAY IN CANADA Earnings: AGT Food and Ingredients 1Q Algoma Steel 1Q Altius Minerals 1Q Anaergia 1Q Constellation Software 1Q Denison Mines 1Q Finning International 1Q First Majestic Silver 1Q Franco-Nevada 1Q George Weston 1Q goeasy 1Q Lithium Argentina 1Q Meren Energy 1Q Neo Performance Materials 1Q Organigram 2Q Pet Valu Holdings 1Q Power Corporation of Canada 1Q Sylogist 1Q VertScope 1Q Wesdome Gold 1Q Economic Indicators (ET): Nothing major scheduled Stocks to Watch: Chemtrade Logistics Income Fund 1Q Net Income CAD 25.4M; Revenue CAD 503M; FactSet Est. CAD 515M; Adj EBITDA CAD 113.5M Exchange Income 1Q EPS C$0.50; Rev C$867M; Adj EPS C$0.61 DATA Communications Management 1Q Gross Profit CAD 33.2M; Pretax Profit CAD 5.98M; EPS CAD 0.08; Net Income CAD 4.79M; Adj EBITDA CAD 19.1M; Revenue CAD 117.4M; FactSet Est. CAD 118.2M BMO: Announces Strategic Sale of Transportation and Vendor Finance Businesses; To Invest in 19.9% Equity Interest, Enabling Continued Participation in the Businesses' Long-Term Value Creation; Supports Strategy to Elevate Returns and Accelerate Growth, Transaction Accretive to Cap Ratios and ROE; Positions Businesses for Continued Growth in Efficient Cap Structure Nexus Industrial REIT 1Q FFO CAD 17.3M; Net Income CAD 32.2M; 1Q Rev C$46M Expected Major Events for Tuesday 05:00/JPN: Mar Indexes of Business Conditions - Preliminary Release 06:00/GER: Apr CPI 08:00/ITA: Mar Industrial Production 09:05/GER: May ZEW Indicator of Economic Sentiment 10:00/US: Apr NFIB Index of Small Business Optimism 12:30/US: Apr CPI 12:30/US: Apr Real Earnings 12:55/US: 05/09 Johnson Redbook Retail Sales Index 16:00/US: World Agricultural Supply &amp; Demand Estimates (WASDE) 18:00/US: Apr Monthly Treasury Statement of Receipts and Outlays of the U.S. Government 20:30/US: API Weekly Statistical Bulletin 23:01/UK: Apr UK Nations and Regions Growth Tracker 23:50/JPN: Apr Bank Lending 23:50/JPN: Mar Balance of Payments 23:50/JPN: Apr International Transactions in Securities All times in GMT. Powered by Onclusive and Dow Jones. Expected Earnings for Tuesday ACCESS Newswire Inc (ACCS) is expected to report $-0.06 for 1Q. AI Financial Corp (AIFC) is expected to report for 1Q. Achieve Life Sciences Inc (ACHV) is expected to report $-0.30 for 1Q. Amentum Holdings Inc (AMTM) is expected to report for 2Q. Ampco-Pittsburgh Corp (AP) is expected to report for 1Q. Anavex Life Sciences Corp (AVXL) is expected to report $-0.07 for 2Q. Aramark (ARMK) is expected to report $0.43 for 2Q. Arvinas Inc (ARVN) is expected to report $-0.92 for 1Q. Broadwind Inc (BWEN) is expected to report $-0.07 for 1Q. C4 Therapeutics Inc (CCCC) is expected to report $-0.26 for 1Q. Corbus Pharmaceuticals Holdings Inc (CRBP) is expected to report $-1.30 for 1Q. D-Wave Quantum Inc (QBTS) is expected to report $-0.09 for 1Q. Ducommun Inc (DCO) is expected to report $0.57 for 1Q. First Majestic Silver Corp (AG,AG.T) is expected to report for 1Q. George Weston Ltd (WN.T,WNGRF) is expected to report for 1Q. GoHealth Inc (GOCO) is expected to report $-1.74 for 1Q. Greystone Housing Impact Investors LP (GHI) is expected to report $0.12 for 1Q. Harvard Bioscience Inc (HBIO) is expected to report for 1Q. Imunon Inc (IMNN) is expected to report for 1Q. Instil Bio Inc (TIL) is expected to report for 1Q. Janus International Group Inc (JBI) is expected to report $0.06 for 1Q. Legend Biotech Corp - ADR (LEGN) is expected to report $0.01 for 1Q. MeiraGTx Holdings PLC (MGTX) is expected to report $-0.17 for 1Q. Middleby Corp (MIDD) is expected to report $2.13 for 1Q. Netlist Inc (NLST) is expected to report $-0.04 for 1Q. Nuwellis Inc (NUWE) is expected to report for 1Q. Parex Resources Inc (PARXF,PXT.T) is expected to report for 1Q. Pet Valu Holdings Ltd (PET.T) is expected to report for 1Q. Quince Therapeutics Inc (QNCX) is expected to report for 1Q. Sensei Biotherapeutics Inc (SNSE) is expected to report for 1Q. Silvercrest Asset Management Group Inc (SAMG) is expected to report $0.28 for 1Q. Sleep Number Corp (SNBR) is expected to report $-0.39 for 1Q. Solesence Inc (SLSN) is expected to report for 1Q. Talkspace Inc (TALK) is expected to report $0.02 for 1Q. TaoWeave Inc (TWAV) is expected to report for 1Q. Trio-Tech International (TRT) is expected to report for 3Q. Vestis Corp (VSTS) is expected to report $0.00 for 2Q. Vishay Precision Group Inc (VPG) is expected to report $-0.02 for 1Q. XOMA Royalty Corp (XOMA) is expected to report $0.17 for 1Q. Zebra Technologies Corp - Class A (ZBRA) is expected to report $2.81 for 1Q. Powered by Onclusive and Dow Jones. ANALYST RATINGS ACTIONS Array Digital Infr Cut to Market Perform From Outperform by Raymond James Cresco Labs Inc. Raised to Buy From Speculative Buy by Canaccord Genuity Dell Technologies Cut to Neutral From Buy by UBS Douglas Dynamics Raised to Buy From Hold by Freedom Broker DXP Enterprises Cut to Hold From Buy by Freedom Broker Emerald Holding Cut to Hold From Buy by Maxim Group Energy Recovery Cut to Hold From Buy by Freedom Broker Fortive Raised to Buy From Hold by Argus Research Goodyear Tire Cut to Hold From Buy by Deutsche Bank Itafos Inc. Cut to Outperform From Strong Buy by Raymond James Kodiak Sciences Raised to Buy From Neutral by Chardan Capital Longeveron Cut to Hold From Buy by Maxim Group News Corp Raised to Outperform From Neutral by Macquarie Pitney Bowes Raised to Neutral From Underperform by B of A Securities Primoris Services Raised to Outperform From Neutral by Mizuho Realty Income Raised to Buy From Neutral by Freedom Broker Republic Services Cut to Hold From Buy by Argus Research StandardAero Raised to Buy From Neutral by UBS Starz Entertainment Raised to Outperform From Neutral by Baird Strattec Security Raised to Buy From Hold by Freedom Broker Telephone &amp; Data Sys Cut to Market Perform From Outperform by Raymond James Trade Desk Cut to Reduce From Hold by HSBC Victoria's Secret Raised to Overweight From Equal-Weight by Wells Fargo Wendy's Cut to Underweight From Neutral by JP Morgan This article is a text version of a Wall Street Journal newsletter published earlier today. <pre></pre> (END) Dow Jones Newswires May 12, 2026 06:22 ET (10:22 GMT)Copyright (c) 2026 Dow Jones &amp; Company, Inc.</div></div>

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Futures are declining as Iran peace progress weighs on markets. The U.A.E. has reportedly conducted military strikes on Iran, marking its active involvement in the conflict. In Canada, several companies are set to report their Q1 earnings, including AGT Food and Ingredients and Algoma Steel. BMO announced a strategic sale of its Transportation and Vendor Finance businesses to enhance growth and returns. Key economic indicators and earnings reports are expected today, including U.S. CPI and small business optimism index.

North American Morning Briefing: Futures Decline as Iran Peace Progress Weighs -2-