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U.S. Manufacturing Index Inches Higher But Still Indicates Contraction In August
A reading on U.S. manufacturing activity saw a modest increase in the month of August but continued to indicate contraction, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its manufacturing PMI inched up to 47.2 in August from 46.8 in July, with a reading below 50 indicating contraction. Economists had expected the index to rise to 47.5.
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7-Eleven Unveils New Slurpee Drink With Coca-Cola And OREO
7-Eleven, Inc., which operates more than 13,000 convenience-retailing stores, announced the launch of a new Slurpee drink flavor, Coca-Cola OREO Zero Sugar, ahead of the brand's annual Slurpee Day celebration. The Irving, Texas-based company said the limited-time Slurpee drink with Coca-Cola and OREO is exclusively available at participating 7-Eleven, Speedway and Stripes stores...
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Elliott Crosses 10% Threshold In Southwest To Call For Special Meeting
Elliott Investment Management L.P. now holds 10 percent stake in Southwest Airlines Co., crossing the threshold that would allow the investment firm to call a special meeting, Reuters reported citing a person familiar with the matter. The development comes as the airline and the hedge fund, amid its ongoing public fight, are scheduled to meet on September 9 to discuss the problems with the airline
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Bay Street Likely To Open On Weak Note
The Canadian market is likely to open on a negative note Tuesday morning, weighed down by weak crude oil and gold prices, and weakness in European markets.
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ATI To Buyback Up To $700 Mln Of Common Stock
ATI Inc. (ATI) announced Tuesday that its Board of Directors has authorized the repurchase of up to $700 million of its outstanding common stock, which the Company currently expects will support a multi-year share repurchase program.
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U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the European session on Tuesday.
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Skye Bioscience Appoints Puneet Arora As New Chief Medical Officer
Biopharmaceutical company Skye Bioscience, Inc. (SKYE) announced Tuesday the appointment of Puneet Arora as Chief Medical Officer (CMO).
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Berita lainnya
Swiss GDP Growth Accelerates As Estimated
Switzerland's economic growth accelerated in the second quarter as initially estimated on strengthening manufacturing and services output, data from the State Secretariat for Economic Affairs, or SECO, showed on Tuesday. Gross domestic product grew 0.5 percent sequentially after posting 0.3 percent growth in the previous two quarters. The rate came in line with the flash estimate.
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Dollar Rebounds As U.S. Data Dims Scope For Big Fed Cut
Better-than-expected GDP data and mostly inline PCE readings catalyzed the Dollar's resurgence during the week ended August 30.
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Sensex, Nifty End Lackluster Session Little Changed
Indian shares ended Tuesday's session little changed as the dollar firmed up and bond yields rose ahead of the release of crucial U.S. economic data this week that could offer more insight about the health of the world's largest economy and the Federal Reserve's policy path.
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Commodity Currencies Slide As Asian Stock Markets Traded Lower
The Commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the late Asian session on Tuesday, as Asian stock markets traded lower, giving up early gains due to jitters over China's economy and a significant escalation of geopolitical tensions after two crude oil tankers, the Saudi-flagged Amjad and Panama-flagged Blue Lagoon I, were attacked in the Red Sea by Yemen's Iran-backed Houthi rebels.
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European Shares Edge Lower Before US PMI Data
European stocks were slightly lower on Tuesday as investors awaited comments from European Central Bank policymakers and the release of the U.S. ISM manufacturing survey later in the day for directional cues.
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766 hari yang lalu
FTSE 100 Marginally Lower As Miners Decline On China Concerns
U.K. stocks were subdued on Tuesday as miners fell, tracking weak metal prices on the back of a firmer dollar and amid concerns about slowing Chinese growth.
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766 hari yang lalu
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