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TSX Ends Slightly Down
Canadian stocks turned in a mixed performance on Monday as investors largely stayed cautious ahead some key U.S. economic data, including a report on consumer price inflation.
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1168 days ago
Dollar Extends Losses Against Major Rivals
The U.S. dollar traded weak on Monday, extending losses from the previous session, with traders looking ahead to some crucial data, including the inflation numbers.
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1168 days ago
Swiss Market Ends On Firm Note
The Switzerland stock market opened slightly lower Monday morning, but swiftly moved into positive territory and stayed firm right through the day's session to eventually close on a firm note.
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1168 days ago
European Stocks Close Broadly Higher
European stocks closed higher on Monday, led by gains in energy sector. Investors shrugged off data showing a drop in eurozone investors sentiment, and picked up stocks amid hopes the Chinese government will announce more stimulus to boost the economy.
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1168 days ago
U.S. Wholesale Inventories Virtually Unchanged In May
Wholesale inventories in the U.S. were roughly flat in the month of May, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories were virtually unchanged in May after falling by a revised 0.3 percent in April.
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1168 days ago
Dollar Drops As Fed-led Gains Vanish After Jobs Data
The week ended July 7 witnessed the Dollar weakening against most major currencies amidst mixed updates from the U.S. labor market that eclipsed the hawkish sentiment triggered by FOMC minutes released on Wednesday.
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1168 days ago
Fresenius Medical Care Appoints Martin Fischer To Succeed Helen Giza As CFO
Fresenius Medical Care AG & Co. KGaA (FMS), a German-American healthcare company, announced Monday it has appointed Martin Fischer as Chief Financial Officer as of October 1, 2023. He will succeed Helen Giza, who was appointed as Chief Executive Officer and Chair of the Management Board in December 2022 and continues to serve as acting Chief Financial Officer, until her successor will join.
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1168 days ago
more news
Eurozone Sentix Investor Confidence At 8-Month Low
Eurozone investor sentiment declined for the third straight month to hit an eight-month low in July, suggesting that the region remained in a recessionary more and the situation is more severe than the usual summer lull, survey results from the behavioural research institute Sentix showed on Monday.
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1168 days ago
Novartis Says FDA Approves Expanded Use For Leqvio
Novartis AG (NVS) announced Monday that the US Food and Drug Administration (FDA) has approved a label update for Leqvio (inclisiran) to enable earlier use in patients with elevated LDL-C who have an increased risk of heart disease, as an adjunct to diet and statin therapy.
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1168 days ago
Bay Street Likely To Open Slightly Weak
Lower futures and weak crude oil and bullion prices point to a negative open for Canadian shares on Monday.
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1168 days ago
FMC Slashes Q2, FY23 Revenue Outlook
Agricultural sciences company FMC Corp. (FMC) on Monday slashed its revenue guidance for the second quarter and full-year 2023, driven by substantially lower-than-expected volumes due to an abrupt and significant reduction in inventory by channel partners in North America, Latin America and EMEA.
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1168 days ago
Honeywell To Acquire Isratel-based SCADAfence For Undisclosed Terms
Honeywell International, Inc. (HON) announced Monday it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks.
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1168 days ago
Forcepoint To Sell Global Governments And Critical Infrastructure Business To TPG
Security company Forcepoint announced Monday it has signed a definitive agreement to sell its Global Governments and Critical Infrastructure (G2CI) business to TPG, a global alternative asset management firm.
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1168 days ago
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