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  • Abercrombie & Fitch Updates Q4, FY25 Outlook; Stock Plunges January 12, 2026 08:52 ET

    Shares of Abercrombie & Fitch Co. (ANF) were losing around 17 percent after the retailer tightened its earnings and sales growth outlook for fourth quarter. Further, the company tightened its earnings view for fiscal 2025, and trimmed forecast for operating margin and net sales growth. Fran Horowitz,...

  • Realty Income Partners With GIC In $1.5 Bln Logistics Development JV, Expands Into Mexico January 12, 2026 08:49 ET

    Realty Income Corporation (NYSE: O), a real estate investment trust, on Monday announced a strategic partnership with GIC, including a programmatic joint venture with over $1.5 billion in combined capital commitments. The partnership aims to expand Realty Income's logistics real estate portfolio and...

  • Tamboran Resources Appoints Todd Abbott As CEO January 12, 2026 08:44 ET

    Tamboran Resources Corp. (TBN), an oil and gas exploration and production company, on Monday said it has appointed Todd Abbott as Chief Executive Officer, effective January 15. Abbott brings more than 25 years of upstream oil and gas experience and most recently served as Chief Operating Officer at...

  • Bakkt To Acquire DTR In All-Stock Deal; Plans Name Change January 12, 2026 08:31 ET

    Bakkt Holdings, Inc. (BKKT), a digital asset technology company, on Monday announced that it has agreed to acquire Distributed Technologies Research Ltd., a stablecoin payment infrastructure provider, in an all-stock transaction. The transaction is subject to customary closing conditions. Under...

  • American Eagle Outfitters Raises Q4 Operating Income Guidance January 12, 2026 08:31 ET

    American Eagle Outfitters, Inc. (AEO) announced that fourth quarter-to-date comparable sales, through January 3, 2026, are up in the high single digits. The company increased its fourth quarter operating income guidance to a range of $167 to $170 million, up from the previous guidance of $155 to $160...

  • XOMA Royalty CFO Thomas Burns To Resign, Jeffrey Trigilio To Be New CFO January 12, 2026 08:27 ET

    XOMA Royalty Corp. (XOMA), Monday announced that its Chief Financial Officer, Thomas Burns, has decided to step down from his position to pursue other professional opportunities. Concurrently, the company has appointed Jeffrey Trigilio as the new CFO. Most recently, he has served as the Chief Financial...

  • Axsome Therapeutics Preliminary Q4 Net Product Revenue Up 65% January 12, 2026 08:25 ET

    Axsome Therapeutics, Inc. (AXSM) said, based on preliminary financial information, Axsome expects total product revenue to be approximately $196.0 million for the fourth quarter, representing 65% annual growth compared to the fourth quarter 2024. The company expects total product revenue of approximately...

  • Zumiez 9-Week Sales Improve, Revises Q4 Guidance; Stock Up Over 6% In Pre-Market January 12, 2026 08:25 ET

    Zumiez Inc. (ZUMZ), a specialty retailer of apparel, footwear, and accessories, on Monday reported a rise in sales for the nine-week period. In addition, the company has revised its fourth-quarter guidance. For the 9-week period to January 3, the retailer recorded a comparable sales growth of 2.9%,...

  • GeneDx Holdings Announces Prelim. Q4, FY25 Revenue, Provides FY26 Revenue Outlook January 12, 2026 08:19 ET

    GeneDx Holdings Corp. (WGS), Monday announced preliminary financial results, reporting revenues of approximately $427 million and $121 million for full year 2025 and fourth quarter, respectively. The company noted that revenues increased by 41 percent and 27 percent year-over-year in full year 2025...

  • grok 12012026 lg UK's Ofcom Launches Probe Into X Over Online Safety Concerns January 12, 2026 08:16 ET

    Ofcom, the UK's independent online safety watchdog, announced Monday it has opened a formal investigation into Elon Musk's social media platform X. The investigation will determine whether X has complied with its legal obligations to protect users in the UK from illegal content, including non-consensual intimate images and child sexual abuse material.

  • Oruka Therapeutics Reports Positive Phase 1 Data For ORKA-002 January 12, 2026 07:58 ET

    Oruka Therapeutics, Inc. (ORKA) on Monday announced positive interim data from its Phase 1 trial of ORKA-002. The study, conducted in healthy volunteers, evaluated the safety and pharmacokinetics of the drug. Interim results showed a half-life of 75-80 days, supporting the potential for twice-per-year...

  • Urban Outfitters Reports Holiday Sales January 12, 2026 07:55 ET

    Urban Outfitters (URBN) announced net sales for the two and eleven months ended December 31, 2025. Total company net sales for the two months ended December 31, 2025, increased 9% compared to the two months ended December 31, 2024. Total Retail segment net sales increased 7%, with comparable Retail segment...

  • Shake Shack Announces Prelim. Q4 Revenue Below View, Shares Initial FY26 Outlook January 12, 2026 07:45 ET

    Shake Shack Inc. (SHAK), Monday announced preliminary total revenue of $400.5 million for the fourth quarter, and $1.45 billion for the full year 2025. The company noted that the sales went up 2.1 percent and 2.3 percent in the fourth quarter and full year 2025, respectively, compared to the previous...

  • Utz Brands Posts Higher Preliminary Q4, FY25 Sales And EBITDA January 12, 2026 07:43 ET

    Utz Brands, Inc. (UTZ), a snack food manufacturer and marketer, on Monday provided preliminary estimates for net sales and adjusted EBITDA for the fourth quarter and full year 2025. For the fourth quarter of 2025, the company expects net sales in the range of $342 million to $343 million, representing...

  • NovoCure Revenues Rise In Q4, FY25; Shares Up In Pre-market January 12, 2026 07:39 ET

    NovoCure Ltd. (NVCR), a Swiss medical devices and oncology company, Monday reported higher revenues in its fourth quarter and fiscal 2025. In the pre-market activity on the Nasdaq, NovoCure shares were gaining 3 percent, trading at $14.78. Frank Leonard, CEO, Novocure, said, "Novocure exits 2025...

Global Economics Weekly Update - January 05- 09, 2026

January 09, 2026 15:02 ET
U.S. external trade data and labor market figures were in focus this week as the news flow gained momentum in the new year. In Europe, inflation data for the euro area was the highlight. The single-currency bloc expanded to 21 countries this year with Bulgaria adopting the currency on January 1. News flow in Asia was dominated by the survey data on the Chinese services industry.

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