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AlerisLife Confirms CFO Jeff Leer As President And CEO
(RTTNews) - AlerisLife Inc. (ALR) announced Monday that Jeff Leer has been appointed President and Chief Executive Officer. Leer was serving as interim President and Chief Executive Officer in early May. Leer will also continue to serve as Chief Financial Officer of ALR until a replacement is appointed.
AlerisLife also announced that the healthcare consulting arm of Alvarez & Marsal (A&M) concluded a comprehensive operational review and made recommendations to the Board of Directors. The recommendations made by A&M include cost reductions, a corporate reorganization that is designed to enhance accountability and certain operational changes.
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Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops
Supermarket chain Kroger Co. reported Friday higher profit and sales in its second quarter, while Identical Sales growth was slower than the prior year. Further, the firm maintained adjusted earnings outlook for fiscal 2026, but trimmed growth view for identical sales without fuel. In the pre-market activity on the NYSE, the shares were losing around 2.62 percent.
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UK Stocks Rise On GDP Growth, Oil Price Decline
UK stocks advanced Friday as July GDP growth of 0.4% beat expectations and oil prices tumbled following downward IEA demand revisions. The FTSE 100 reached 10,674.52, up 0.61% despite ongoing US-Iran concerns.
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French Stocks Rise On Oil Price Drop, Middle East Concerns Persist
French equities recovered Friday with the CAC 40 rising to 8,167.27 points after the IEA lowered its global oil demand forecast. Brent crude futures declined 3.5% to $104.00 a barrel.
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Indian Shares End Off Day's Lows As Oil Prices Ease
Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
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1h 20min ago
German Stocks Move Modestly Higher As Oil Prices Fall Sharply
German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.
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1h 35min ago
Gold Edges Higher As Oil Prices Ease After Recent Surge
Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
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1h 50min ago
Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast
Oil prices traded lower on Friday but headed for a sharp weekly gain amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the European session on Friday.
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