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U.S. Dollar Climbs After Upbeat Jobs Data
The U.S. dollar strengthened against its major counterparts in the New York session on Friday, as non-farm payrolls data came in stronger than expected in December.
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U.S. Employment Jumps By 216,000 Jobs In December, Much More Than Expected
A closely watched report released by the Labor Department on Friday showed employment in the U.S. jumped by much more than expected in the month of December. The Labor Department said non-farm payroll employment surged by 216,000 jobs in December compared to economist estimates for an increase of about 170,000 jobs.
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Journey Medical Submits NDA For DFD-29 To FDA For Treatment Of Rosacea In Adults
Pharmaceutical company Journey Medical Corp. (DERM) announced Friday that the Company has submitted a New Drug Application or NDA, to the U.S. Food and Drug Administration or FDA, seeking approval for DFD-29 (Minocycline Hydrochloride Modified Release Capsules, 40 mg) for the treatment of inflammatory lesions and erythema of rosacea in adults.
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Praxis Precision Inks Licensing Deal With Tenacia Biotechnology For Ulixacaltamide In China
Biopharmaceutical company Praxis Precision Medicines, Inc. (PRAX) announced Friday an exclusive collaboration and license agreement with China-based clinical-stage biopharmaceutical company Tenacia Biotechnology (Shanghai) Company, Ltd.
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U.S. Employment Jumps Much More Than Expected In December
A closely watched report released by the Labor Department on Friday showed employment in the U.S. jumped by much more than expected in the month of December.
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Constellation Brands Backs FY24 Adj. EPS Outlook; Q3 Earnings Top Estimates
While reporting financial results for the third quarter of fiscal 2024 on Thursday, beverage alcohol company Constellation Brands, Inc. (STZ) maintains its comparable earnings guidance for the full-year 2024.
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AngioDynamics Q2 Results Miss Estimates; Boosts FY24 Adj. EPS Outlook
While reporting financial results for the second quarter on Thursday, medical devices company AngioDynamics, Inc. (ANGO) raised its adjusted earnings guidance for the full year 2024, while trimming annual net sales outlook.
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CVS Health Confirms Tom Cowhey As New CFO
CVS Health (CVS) announced Friday that Senior Vice President of Corporate Finance and interim CFO, Tom Cowhey, has been formally appointed the company's next CFO.
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Agilon Health Says CFO Tim Bensley Intends To Retire In 2024
Health care company agilon health, Inc. (AGL) announced Friday that Timothy Bensley has informed his intent to retire from his position as Chief Financial Officer (CFO) during 2024, which agilon expects to take place within the next nine months.
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Eurozone Inflation Accelerates Less Than Expected
Euro area consumer price inflation rose in December, mainly due to the energy-related base effects, while the core measure remained strong despite slowing slightly, underpinning the European Central Bank's policy stance that it is too early to think of interest rate cuts as there is more work to be done to bring price growth to the 2.0 percent target.
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UK Construction Downturn Eases In December
UK construction activity remained in contraction at the end of the final quarter, though the pace decline was the softest in four months, survey results from S&P Global showed on Friday.
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Sensex, Nifty End Higher Ahead Of GDP Data
Indian shares eked out modest gains on Friday despite weak cues from global markets.
Global sentiment was fragile amid fears of an escalation of the Israel-Hamas war into a broader regional conflict.
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European Shares Slip Ahead Of Key Eurozone, US Data
European stocks fell on Friday and eyed their first weekly loss in eight as investors awaited euro area consumer and producer inflation reports as well as U.S. non-farm payrolls data later in the day for important clues as to whether the European Central Bank and the Federal Reserve would cut interest rates this year.
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