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U.S. Retail Sales Inch Up 0.1% In May, Slightly Less Than Expected
Retail sales in the U.S. inched slightly higher in the month of May, according to a report released by the Commerce Department on Tuesday. The Commerce Department said retail sales crept up by 0.1 percent in May after dipping by a revised 0.2 percent in April. Economists had expected retail sales to rise by 0.2 percent compared to the unchanged reading originally reported for the previous month.
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Uber Partners St. Louis-based Save A Lot For Grocery Delivery Across 32 US States
Uber Technologies, Inc. (UBER) announced Tuesday a new partnership with St. Louis-based discount grocery store chain Save A Lot, one of the country's largest discount grocers with more than 600 independently owned grocery locations, which will be serviceable by Uber across 32 U.S. states.
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U.S. Retail Sales Inch Up Slightly Less Than Expected In May
Retail sales in the U.S. inched slightly higher in the month of May, according to a report released by the Commerce Department on Tuesday.
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Ligand Says Merck Receives FDA Approval For CAPVAXIVE For Adults
Ligand Pharmaceuticals Inc. (LGND) announced Tuesday that its collaborator Merck & Co., Inc. (MRK), known as MSD outside the U.S. and Canada, has received approval from the U.S. Food and Drug Administration (FDA) for CAPVAXIVE, previously known as V116, a 21-valent pneumococcal conjugate vaccine for the prevention of invasive pneumococcal disease and pneumococcal pneumonia in the adult population.
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Intra-Cellular Says Phase3 Trial Study 502 Of Lumateperone In MDD Meets Primary Endpoint
Biopharmaceutical company Intra-Cellular Therapies, Inc. (ITCI) announced Tuesday positive topline results from Study 502 evaluating lumateperone 42 mg as an adjunctive therapy to antidepressants for the treatment of Major Depressive Disorder (MDD).
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Australian Dollar Recovers After RBA Keeps Key Rate Unchanged
The Australian dollar recovered from recent lows against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia maintained its interest rates at a 12-year high for a fifth straight meeting.
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Bay Street Likely To See Muted Start
Canadian shares are likely to open on a muted note Tuesday morning, as investors await some crucial economic data from the U.S., and comments from several Fed officials for clues about the interest rate trajectory.
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Berita lainnya
German Economic Sentiment Rises Slightly In June
German economic confidence improved only marginally in June, survey data from the ZEW economic research institute showed Tuesday. The ZEW Indicator of Economic Sentiment rose slightly to 47.5 in June from 47.1 in the previous month. The reading remained below forecast of 50.0. Assessment of current situation deteriorated in June with the index falling to -73.8 from -72.3 last month.
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Boston Scientific To Acquire Silk Road Medical For $27.50/share In Deal Valued At About $1.16 Bln
Medical device company Boston Scientific Corp. (BSX) announced Tuesday it has entered into a definitive agreement to acquire smaller peer Silk Road Medical, Inc. (SILK) for $27.50 per share, reflecting an enterprise value of approximately $1.16 billion.
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Sensex, Nifty End Slightly Higher Amid Budget Optimism
Indian shares closed higher on Tuesday as traders returned to their desks after a long holiday weekend.
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European Shares Edge Higher As German Investor Morale Rises
European stocks eked out modest gains on Tuesday after Eurozone CPI was finalized at 2.6 percent year-on-year in May, up from April's 2.4 percent as widely expected.
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Eurozone Inflation Rises As Estimated
Eurozone inflation accelerated in May, as initially estimated, largely driven by services cost, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.6 percent on a yearly basis, following the 2.4 percent rise in April, Eurostat reported. The rate came in line with the estimate published on May 31 and it has moved away from the ECB's 2 percent target.
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FTSE 100 Edges Higher As Grocery Inflation Declines In June
U.K. stocks traded slightly higher on Tuesday after industry data showed U.K. grocery inflation fell for a sixteenth month in a row in June.
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