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  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • Alkermes's LUMRYZ Meets Primary Endpoint In Idiopathic Hypersomnia Study May 12, 2026 08:10 ET

    Tuesday, Alkermes plc (ALKS) announced positive topline results from the REVITALYZ phase 3 study, evaluating the investigational use of LUMRYZ extended-release oral suspension in adults with idiopathic hypersomnia. The company stated that LUMRYZ met the primary endpoint by showing statistically significant...

  • Coya Therapeutics: COYA 302 Receives FDA Fast Track Designation For Treatment Of ALS May 12, 2026 08:04 ET

    Coya Therapeutics (COYA) announced the FDA has granted Fast Track Designation for COYA 302, an investigational biologic combination therapy with a dual mechanism of action, for the treatment of amyotrophic lateral sclerosis. Coya is currently conducting the ALSTARS Trial, a Phase 2, randomized, multi-center,...

  • BridgeBio Pharma Submits NDA For Encaleret To Treat Rare Genetic Disorder ADH1 May 12, 2026 08:03 ET

    BridgeBio Pharma, Inc. (BBIO) on Tuesday said it has submitted a New Drug Application to the U.S. Food and Drug Administration for encaleret as a potential treatment for autosomal dominant hypocalcemia type 1 (ADH1), a rare genetic disorder characterized by low blood calcium levels. The company said...

  • Rigel Pharma Signs Licensing Agreement With Arvinas And Pfizer For Veppanu May 12, 2026 07:50 ET

    Rigel Pharmaceuticals, Inc. (RIGL) on Tuesday said it has entered into a global license agreement with Arvinas, Inc. (ARVN) and Pfizer Inc. (PFE) to develop, manufacture and commercialize beast cancer treatment Veppanu. Veppanu, which has a novel mechanism of action, is the first and only FDA-approved...

  • Under Armour Posts Narrower Loss In Q4 May 12, 2026 07:49 ET

    Under Armour (UAA, UA) reported that its fourth quarter net loss narrowed to $43.4 million from a loss of $67.5 million, prior year. Loss per share was $0.10 compared to a loss of $0.16. Adjusted net loss was $11.17 million compared to a loss of $34.70 million, prior year. Adjusted net loss per share...

  • Yum China Holdings Announces $512 Mln Share Repurchase Agreements For H2 May 12, 2026 07:14 ET

    Yum China Holdings, Inc. (YUMC), on Tuesday announced share repurchase agreements in the U.S. and Hong Kong for an aggregate repurchase amount of approximately $512 million for the second half of 2026, beginning July 1. The agreements include approximately $384 million and approximately HK$1 billion...

  • Millicom Q1 Adj. EBITDA Rises May 12, 2026 07:05 ET

    Millicom (TIGO) reported that its first quarter net profit attributable to company owners was $109 million compared to $193 million, a year ago. Adjusted EBITDA increased to $857 million from $633 million. First quarter revenue was $2 billion, up 4.2% year-on-year organically, and 45.1% as reported....

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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