Berita Valas
HF Foods Reaches $3.9 Mln Settlement Agreement With SEC
Food distributor HF Foods Group Inc. (HFFG) announced Monday the final resolution of the previously disclosed formal, non-public investigation by the staff of the U.S. Securities and Exchange Commission into allegations that the Company and/or its former executives violated United States securities laws. The Company agreed to payment of a civil monetary penalty of $3.9 million.
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Bay Street Likely To Open With Slightly Negative Bias
Canadian shares may open with a negative bias Monday morning, tracking weak European stocks and lower bullion prices. With the Federal Reserve's monetary policy announcement, and crucial U.S. consumer price inflation data due later in the week, the mood is likely to remain cautious.
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Eurozone Investor Confidence Highest Since Early 2022
Euro area investor sentiment continued its recovery trend in June to hit the highest since early 2022 but the momentum remained weak as the economy still struggle to reach the level that prevailed before the outbreak of the war in Ukraine. The economic confidence index rose to +0.3 in June from -3.6 in May. The reading was forecast to remain negative in June, at -1.5.
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Cognizant To Acquire Belcan For About $1.3 Bln Cash And Stock
Cognizant Technology Solutions Corp. (CTSH) announced Monday it has signed a definitive agreement to acquire Belcan, LLC, a portfolio company of AE Industrial Partners and a supplier of Engineering Research & Development (ER&D) services, at a purchase price of approximately $1.3 billion in cash and stock, subject to customary adjustments.
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Sensex, Nifty End Choppy Session Slightly Lower
Indian shares fluctuated before finishing modestly lower on Monday as traders locked in some profits in the wake of weak global cues.
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European Shares Retreat As Macron Calls Snap Elections After Defeat In EU Vote
European stocks drifted lower on Monday, with French stocks coming under heavy selling pressure, after President Emmanuel Macron called for snap legislative elections later in June.
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FTSE 100 Declines As US Rate Cut Hopes Fade
U.K. stocks traded lower on Monday as U.S. rate cut hopes faded and far-right parties rattled the traditional powers in the European Union and made major gains in parliamentary elections Sunday.
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Berita lainnya
CAC 40 Tumbles Amidst Political Uncertainty
French stocks tumbled on Monday after French President Emmanuel Macron unexpectedly announced a snap legislative election.
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DAX Slides As Far-right Surge In EU Elections Sparks Uncertainty
German stocks declined on Monday as U.S. rate cut hopes faded and the euro slipped to a one-month low against the dollar after far-right parties made big gains in the European Parliament election.
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Euro Slides Amid Risk Aversion, French Political Uncertainty
The euro weakened against other major currencies in the European session on Monday amid risk aversion, in the wake of political upheaval in France following President Emmanuel Macron's demand for an early legislative election.
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UK Job Placements Fall At Slowest Pace In More Than A Year: KPMG/REC Report
UK permanent staff appointments fell for the twentieth consecutive month in May but the pace of decrease was the softest since March 2023, a report compiled by S&P Global showed on Monday. Recruitment consultants cited delayed decision making and a lack of demand amongst companies as reasons for the fall in recruitment activity, the KPMG/REC Report on Jobs revealed.
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FSIS Alerts Against Frozen RTE Bao Curry Chicken Products Sold By Walmart
The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has warned against Brett Anthony Foods' Wow Bao bao Thai-style curry chicken sold by Walmart Inc. retail stores, citing misbranding and undeclared soy and sesame allergens. According to the agency, the product labeled as bao curry chicken may actually contain teriyaki chicken bao products that contain soy and sesame...
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the pre-European session on Monday.
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