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FDA Approves Rexulti For Agitation Associated With Dementia Due To Alzheimer's

The U.S. Food and Drug Administration announced the supplemental approval of Rexulti (brexpiprazole) oral tablets to treat agitation associated with dementia due to Alzheimer's disease. This is the first FDA-approved treatment option for this indication. The supplemental approval of Rexulti was granted to Otsuka Pharmaceutical Co. Ltd., and Lundbeck Inc.
RTTNews | 1224 days ago
Pound Rises Amid Risk Appetite

Pound Rises Amid Risk Appetite

The British pound strengthened against other major currencies in the European session on Friday, as European stocks traded higher with financials and luxury goods makers rising on the back of strong earnings.
RTTNews | 1224 days ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Friday.
RTTNews | 1224 days ago
Crescent Point Energy Q1 EPS Meets View

Crescent Point Energy Q1 EPS Meets View

Crescent Point Energy Corp. (CPG, CPG.TO) reported Friday that net income for the first quarter plunged to C$216.7 million or C$0.39 per share from C$1.18 billion or C$2.03 per share in the prior-year quarter.
RTTNews | 1224 days ago
Allianz Q1 Profit Surges, Backs FY23 View

Allianz Q1 Profit Surges, Backs FY23 View

Allianz SE, a German financial services provider, reported Friday significantly higher profit in its first quarter with increased business volume in Property-Casualty business segment, despite weakness in both Life/Health insurance and Asset Management. Further, the company maintained its outlook for fiscal 2023 operating profit.
RTTNews | 1224 days ago
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FTSE 100 Gains With GDP Data In Focus

FTSE 100 Gains With GDP Data In Focus

U.K. stocks rose on Friday, a day after the Bank of England raised its key interest rate for the 12th consecutive time and signaled more increases are possible given sticky inflation.
RTTNews | 1224 days ago
DAX Gains On Hopes For Fed Pause

DAX Gains On Hopes For Fed Pause

German stocks rebounded on Friday as recent U.S. inflation data added to confidence that the Federal Reserve will pause interest-rate increases in the upcoming month.
RTTNews | 1224 days ago
Asian Shares Slide On Worries Over US Banks

Asian Shares Slide On Worries Over US Banks

Asian stocks retreated on Friday on lingering worries over the health of U.S. banks, ongoing impasse over the U.S. debt ceiling and Chinese economic recovery.
RTTNews | 1224 days ago
NZ Dollar Falls Amid Risk Aversion, Downbeat NZ Data

NZ Dollar Falls Amid Risk Aversion, Downbeat NZ Data

The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as Asian stocks traded lower with weakness in materials and energy stocks amid tumbling commodity prices. Also, data showed that the manufacturing sector in New Zealand continued to contract in April.
RTTNews | 1224 days ago
Elon Musk To Become Twitter's Chair And CTO After Hiring New CEO

Elon Musk To Become Twitter's Chair And CTO After Hiring New CEO

Elon Musk, the owner and Chief Executive Officer of Twitter, is stepping down from the lead role in the social media platform as a new CEO has been hired. In a tweet, he said, "Excited to announce that I've hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops."
RTTNews | 1224 days ago

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