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European Wax Center has entered a definitive agreement to be acquired by its largest shareholder, General Atlantic, in an all-cash transaction valued at approximately $330 million. The deal marks a strategic exit from the public markets for the waxing services giant as it seeks stability following a volatile year on the Nasdaq.
Shares of Amentum Holdings slid nearly 10% in premarket trading Tuesday after the government services contractor reported a sharper-than-expected revenue decline for its fiscal first quarter, offsetting an earnings beat driven by aggressive cost-cutting measures.
S&P Global shares dropped nearly 9% in premarket trading after the financial intelligence firm issued long-term earnings guidance that trailed Wall Street estimates, overshadowing a solid fourth-quarter performance driven by its core ratings and indices businesses.
Fiserv Inc. reported fourth-quarter results that surpassed Wall Street expectations on Tuesday, as a surge in retail payment processing countered a slowdown in its core banking technology business. While net income dipped compared to the previous year, the Milwaukee-based fintech giant posted $5.28 billion in revenue, signaling resilience despite cooling demand from traditional financial institutions.
Nektar Therapeutics shares jumped 13% in premarket trading Tuesday after the biotechnology firm reported positive results from a mid-stage study of its atopic dermatitis treatment. The Phase 2b Rezolve-AD trial demonstrated that its novel biologic, rezpegaldesleukin, successfully maintained skin clearance in a majority of patients over a 36-week maintenance period.
Credo Technology Group shares jumped 17% in pre-market trading Tuesday after the connectivity solutions provider significantly raised its third-quarter revenue guidance, signaling a massive acceleration in growth compared to previous estimates.
Mexico’s automotive manufacturing sector saw a slight contraction in January, with production falling even as export volumes and domestic sales posted gains. Data released Tuesday by the national statistics institute, Inegi, showed total output for cars and light trucks reached 303,980 units, a decline from the 312,257 units recorded during the same period last year.
Uber has partnered with Baidu to integrate the Chinese tech giant’s Apollo Go autonomous ride-hailing service into its app in Dubai. The rollout marks the latest step in Uber's strategy to scale self-driving options through international collaborations rather than proprietary hardware development.
Ecolab Inc. reported a significant jump in fourth-quarter profit on Tuesday, surpassing analyst expectations as the water and hygiene services provider benefited from steady revenue growth and organic sales expansion. The company posted a net income of $563.9 million, or $1.98 per share, up from $472.9 million during the same period last year.
Thule Group AB shares climbed 11.5% on Tuesday after the Swedish outdoor gear manufacturer reported fourth-quarter sales that exceeded analyst estimates. The Stockholm-listed company credited the successful integration of its Quad Lock acquisition and improved factory utilization for the year-end rally, despite persistent macroeconomic headwinds.
Georgia-based Saia Inc. saw its shares tumble in premarket trading Tuesday after the less-than-truckload carrier reported fourth-quarter earnings that trailed Wall Street expectations. Despite a marginal revenue uptick, the company struggled with declining shipping volumes and tonnage, contrasting with recent upbeat reports from industry peers.
IRadimed, the Orlando-based medical device manufacturer, announced an 18% increase to its quarterly cash dividend on Tuesday, raising the payout to $0.20 per share. The move reflects a growing return to shareholders as the company continues to leverage its position in the specialized medical equipment market.
Oscar Health reported a wider-than-expected fourth-quarter loss of $352.6 million as surging medical service utilization pressured margins, despite a 17% increase in revenue to $2.81 billion. While the insurer missed analyst estimates for the quarter, management is doubling down on a long-term recovery plan, targeting a return to operational profitability by 2026.
Shares of Rockville-based Regenxbio tumbled in premarket trading Tuesday after the U.S. Food and Drug Administration (FDA) rejected its application for RGX-121, an experimental gene therapy targeting the rare and often terminal Hunter syndrome.
U.S. private equity giant Carlyle Group has agreed to acquire a 45% stake in Nido Home Finance for $232 million, marking a major expansion into India’s burgeoning affordable housing sector. The deal, structured through a mix of secondary purchases and primary capital infusion, underscores the growing global interest in the subcontinent's specialized financial services.
Oscar Health reported a significantly wider fourth-quarter loss as soaring medical service utilization pushed its payout ratios well beyond Wall Street expectations. The health insurer, which primarily serves individuals and small businesses, struggled to contain costs even as revenue climbed 17% year-over-year.
Titan Mining reported an 8% increase in zinc production for 2025, reaching 64.2 million payable pounds at its New York operations, while simultaneously hitting a major milestone with its first natural flake graphite concentrate.
Quest Diagnostics is accelerating its capital return strategy, announcing a 7.5% dividend increase and a $1 billion expansion to its share repurchase authorization. The Secaucus, N.J.-based provider of diagnostic services confirmed the move on Tuesday, signaling a robust commitment to returning value to its investors.
Duke Energy reported a nearly 8% jump in fourth-quarter revenue, outperforming Wall Street expectations as the rapid expansion of artificial intelligence and advanced manufacturing drove higher electricity demand. The Charlotte-based utility operator posted total operating revenue of $7.94 billion, surpassing the $7.43 billion projected by analysts.
Maezawa Kyuso Industries Co. Ltd. recorded a parent net profit of ¥2.24 billion for the nine months ended December 31, 2024, supported by revenue of ¥24.12 billion. The Tokyo-listed manufacturer maintained its full-year dividend outlook as it navigates the final quarter of its fiscal year.
Coca-Cola HBC shares climbed to the top of the FTSE 100 on Tuesday after the Swiss-based bottler reported a significant jump in annual revenue and pretax profit for 2025. Despite a slight miss on net income expectations, the company’s strategic expansion into Africa and robust sales growth fueled investor confidence, driving the stock price up as much as 5.7% in early London trading.
Hartalega Holdings Bhd. shares surged as much as 15% in Kuala Lumpur on Tuesday after the Malaysian manufacturer reported a 62% jump in fiscal third-quarter net profit. While revenue faced pressure from Chinese competitors and a stronger currency, the company’s aggressive focus on operational efficiency successfully stabilized its bottom line.
U.S. equity futures remained unchanged Tuesday morning as investors balanced a rally in Asian markets against a fragmented performance across European bourses. While optimism lifted Japanese stocks to significant gains, energy sector weakness weighed on London-listed shares, leaving global benchmarks searching for a clear direction ahead of the New York open.
Hikari Business Form Co. Ltd. reported a decline in annual net profit to ¥151.00 million for the fiscal year ended December 31, even as the company moved to increase shareholder returns through a higher annual dividend.
Showa System Engineering Corp. reported a net profit of ¥598 million for the nine months ended December 31, representing an 11.8% increase over the previous year. The Tokyo-based firm saw consistent growth across its core financial metrics, supported by a rise in total revenue to ¥6.43 billion.
NJ Holdings Inc. (9421.TO) returned to profitability in the first half of the fiscal year ending December 31, 2024, driven by a 15% increase in top-line growth. The company reported a net profit of ¥1.00 million, a significant recovery from the ¥27.00 million loss recorded during the same period last year.
Tokyo-based Riskmonster.com (3768.TO) reported a sharp financial recovery for the nine months ending December 31, posting a net profit of 178 million yen after a heavy loss in the prior year. The credit risk management firm benefited from steady revenue growth and improved operational margins, marking a significant turnaround for the 2025 fiscal period.
Iida Group Holdings Co. Ltd. posted a 13% increase in net profit for the first nine months of the fiscal year, reaching Y42.98 bln as the Japanese homebuilder benefited from higher margins and steady revenue growth.
Araya Industrial Co. Ltd. saw its net profit slide during the nine-month period ending December 31, as a contraction in top-line revenue weighed on the Japanese manufacturer's bottom line. The company reported a net income of ¥1.12 billion, a decrease from the ¥1.24 billion recorded during the same timeframe the previous year.
Falco Holdings Co. Ltd. reported a net profit of ¥1.41 billion for the nine months ended December 31, 2024, edging out the ¥1.37 billion recorded during the same period last year. The marginal increase in the bottom line was supported by steady revenue and improved operational efficiency, according to the company’s latest financial filing.