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China Trade Data On Tap For Wednesday
China will on Wednesday release June figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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1519 days ago
U.S. Dollar Gives Back Ground After Reaching Parity Versus Euro
After seeing continued strength overnight, the value of the U.S. dollar has given back ground over the course of trading on Tuesday.
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1520 days ago
Swiss Market Ends Modestly Higher On Late Buying
After languishing in negative territory till the penultimate hour, the Switzerland stock market saw some buying in the closing minutes of the session on Tuesday to finish with a modest gain.
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1520 days ago
Major European Markets Reverse Early Losses, Close On Firm Note
European stocks reversed earlier losses and the major markets in the region closed on a positive note on Tuesday despite rising concerns about rising Covid case counts in several regions and China and talks of another round of stringent lockdowns in the country.
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1520 days ago
U.S Dollar Weakens As Treasury Yields Drop
The U.S dollar dropped against its major counterparts in the European session on Tuesday, as U.S. treasury yields fell ahead of the release of inflation data on Wednesday.
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1520 days ago
Walmart Partners Canoo To Offer Last Mile Delivery With 4,500 All-EV Fleet
Walmart is set to offer last mile delivery using a fleet of all-electric vehicles to support its ever growing eCommerce business in 2023. The retail giant has inked a deal with electric vehicle maker Canoo to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units.
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1520 days ago
Medtronic Inks Co-promotion Deal With Israeli Privately-held Company CathWorks
Healthcare technology firm Medtronic plc (MDT) announced Tuesday it has entered into a strategic partnership agreement with Israeli privately-held company CathWorks, which aims to transform how coronary artery disease (CAD) is diagnosed and treated.
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1520 days ago
more news
American Airlines Boosts Q2 System Capacity Outlook
American Airlines Group Inc. (AAL) on Tuesday revealed in a Form 8-K filing that it now expects second-quarter system capacity (total available seat miles or ASMs) to be down about 8.5 percent from 2019 to about 66.2 billion ASMs, up from the prior guidance for a decline of about 7 to 8 percent.
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1520 days ago
Peloton Interactive To Exit All Owned-manufacturing Operations; Expanding Rexon Partnership
Interactive fitness platform Peloton Interactive, Inc. (PTON) announced Tuesday it is exiting all owned-manufacturing operations and expanding its current relationship with leading Taiwanese manufacturer Rexon Industrial Corp.
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1520 days ago
InMode Sees Q2 Adj. EPS Well Above Estimates; Boosts FY22 Revenue Outlook
While announcing preliminary results for the second quarter on Tuesday, medical technologies firm InMode Ltd. (INMD) now expects adjusted earnings for the second quarter in the range of $0.57 to $0.58 per share on revenues between $113.0 million and $113.3 million.
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1520 days ago
Bay Street Likely To See Another Weak Start
Canadian shares are likely to open on a weak note on Tuesday, tracking lower crude oil prices and weakness in European markets amid rising worries about growth and a surge in coronavirus cases in China.
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1520 days ago
Madison Dearborn Partners To Acquire Majority Stake In Unison From Carlyle
Unison, a leading provider of procurement, supply chain, and contract management software to U.S. federal government agencies and government contractors, announced Tuesday that it will receive a strategic majority investment from funds affiliated with private equity investment firm Madison Dearborn Partners, LLC.
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1520 days ago
Aldeyra Therapeutics Achieves Goals In Crossover Clinical Trial Of 0.25% Reproxalap Solution
Aldeyra Therapeutics, Inc. (ALDX) announced Tuesday the achievement of the primary endpoints in a sequence-randomized, double-masked, vehicle-controlled crossover clinical trial of 0.25% reproxalap ophthalmic solution, an investigational new drug candidate, for the treatment of dry eye disease.
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1520 days ago
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