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  • U.S. Stocks Climb Well Off Worst Levels But Close Mostly Lower May 12, 2026 16:13 ET

    After moving sharply lower in morning trading on Tuesday, stocks regained ground over the course of the session. The major averages climbed well off their worst levels of the day, with the Dow reaching positive territory.

  • Scout24 SE Announces Updated Financial Framework, Stock Up May 12, 2026 12:03 ET

    Tuesday, Scout24 SE (G24.DE, SCOTF.PK) announced an updated financial framework aligned with its growth strategy, revising its revenue growth framework to the high end of high single-digit to low double-digit growth for the period 2027 to 2028, compared to the CMD 2024 guidance of high single-digits...

  • U.S. Stocks Move Mostly Lower As Oil Surges Back Above $100 A Barrel May 12, 2026 11:31 ET

    Stocks have moved mostly lower over the course of the trading day on Tuesday, more than offsetting the modest strength seen in the previous session. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the pullback. Currently, the major averages are just off their lows of the session.

  • U.S. Consumer Prices Increase 0.6% In April, In Line With Estimates May 12, 2026 10:17 ET

    With energy prices surging, the Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of April. The Labor Department said its consumer price index climbed by 0.6 percent in April after advancing by 0.9 percent in March. The growth matched expectations.

  • SAP Introduces Autonomous Enterprise To Enhance Critical Business Workflows May 12, 2026 09:46 ET

    Tuesday, SAP SE (SAP) announced the launch of Autonomous Enterprise to help enhance the world's most critical business workflows, deepening partnerships with Anthropic, Amazon Web Services, Google Cloud, Microsoft, NVIDIA and Palantir. The unified AI platform comprises building, contextualizing and...

  • Aramark Reaffirms FY26 Adj. EPS Growth Outlook - Update May 12, 2026 09:05 ET

    While reporting financial results for the second quarter on Tuesday, Aramark (ARMK) reaffirmed its adjusted earnings guidance for the full-year 2026, while updating organic revenue growth outlook, based on Aramark's strong performance in the first half of the fiscal year. For fiscal 2026, the company...

  • Eagle Bancorp Names Stephen Curley CEO As Susan Riel Retires May 12, 2026 09:02 ET

    Eagle Bancorp, Inc. (EGBN), a Bethesda-based holding company for EagleBank, on Tuesday announced the appointment of Stephen Curley as president and chief executive officer of Eagle Bancorp, Inc. and EagleBank, effective July 6, 2026. Curley will also join the board on his start date. Stephen Curley...

  • Extended Surge By Crude Oil Prices May Weigh On Wall Street May 12, 2026 08:56 ET

    Following the lackluster performance seen in the previous session, stocks may move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent. An extended surge by the price of crude oil...

  • Ralliant Corp. Stock Gains 10% In Pre-Market Over Raised FY26 Outlook May 12, 2026 08:51 ET

    Shares of Ralliant Corporation (RAL) are climbing about 10 percent on Tuesday trading before the bell, following the company's announcement to raise its full-year 2026 financial outlook. It now anticipates revenue of $2.185 to $2.245 billion, and earnings of $2.53 to $2.69 per share for the period. The...

  • U.S. Consumer Prices Increase In Line With Estimates In April May 12, 2026 08:39 ET

    With energy prices surging, the Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of April. The Labor Department said its consumer price index climbed by 0.6 percent in April after advancing by 0.9 percent in March....

  • RTX Invests $26.5 Mln In Florida To Expand Domestic Radar Production May 12, 2026 08:35 ET

    RTX's Collins Aerospace has announced that it is investing $26.5 million to expand its Largo, Florida, facility to accelerate the production of commercial aviation radars for FAA's new air traffic control system, and multi-domain security solutions for defense customers. The company said this investment...

  • CGI Names Tim Hurlebaus CEO As François Boulanger Retires May 12, 2026 08:32 ET

    CGI (GIB, GIB-A.TO) , an IT and business consulting services company, on Tuesday announced the appointment of Tim Hurlebaus as President and Chief Executive Officer and a board member, effective immediately. He succeeds François Boulanger, who is retiring after nearly 40 successful years in the IT...

  • Apollo Acquires Majority Stake In Noble Environmental May 12, 2026 08:30 ET

    Apollo Global Management, Inc. (APO), on Tuesday announced that Apollo-managed funds acquired a majority stake in Noble Environmental, Inc. for undisclosed consideration. Noble Environmental was founded in 2016 and headquartered in Pittsburgh, Pennsylvania, is a vertically integrated waste management...

  • AC Immune CEO Andrea Pfeifer To Retire, Board Chair Martin Zügel To Be Interim CEO May 12, 2026 08:27 ET

    Tuesday, AC Immune SA (ACIU) announced that Chief Executive Officer Andrea Pfeifer has decided to retire from her role at the upcoming Annual General Meeting to spend more time with her family. In light of this decision, the company has appointed the Chair, Martin Zügel, to serve as interim CEO while...

  • Vistagen Reports Positive Preliminary Phase 3 Data For Fasedienol In Social Anxiety Disorder May 12, 2026 08:16 ET

    VistaGen Therapeutics Inc (VTGN) on Tuesday announced preliminary positive data from the ongoing open-label extension portion of its Phase 3 PALISADE-3 study evaluating fasedienol for the acute treatment of social anxiety disorder. The study assessed changes from baseline on the Liebowitz Social Anxiety...

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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