Axalta Coating To Acquire CoverFlexx Group For $285 Mln Plus Potential $10 Mln Earnout

Euro Area Consumers' Inflation Expectations Lowest Since 2021: ECB Survey

Eurozone consumers lowered their inflation expectations for the next 12 months and turned less negative regarding the economic outlook, though their unemployment worries remained, results of a monthly survey by the European Central Bank showed Tuesday. The median rate of expected inflation over the next 12 months fell to 2.9 percent from 3.0 percent in March.

RTTNews | 6h 18min ago

Photronics Confirms Eric Rivera As CFO

Photronics, Inc. (PLAB) announced Tuesday that Eric Rivera has been promoted to chief financial officer, effective immediately. Rivera previously held the role of interim CFO since February 2024 and served as chief accounting officer since 2020.

RTTNews | 6h 33min ago

U.S. Consumer Confidence Unexpectedly Rebounds In May

Consumer confidence in the U.S. unexpectedly saw a significant improvement in the month of May, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index jumped to 102.0 in May from an upwardly revised 97.5 in April. The rebound surprised economists, who had expected the consumer confidence index to decrease to 95.3.

RTTNews | 6h 34min ago

Dollar Firmed Up Last Week Amidst Hawkish Fed Minutes

The uncertain monetary policy outlook triggered by the mixed comments in the FOMC Minutes helped the U.S. dollar remain firm during the week spanning May 20 to 24.

RTTNews | 7h 15min ago

Vera Therapeutics Says FDA Grants Breakthrough Therapy Designation For Atacicept To Treat IgAN

Biotechnology company Vera Therapeutics, Inc. (VERA) announced Tuesday that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation to atacicept for the treatment of Immunoglobulin A Nephropathy or IgAN.

RTTNews | 8h 29min ago

Johnson & Johnson To Acquire Rights To Numab Therapeutics' Clinical-Stage Bispecific Antibody NM26

Johnson & Johnson (JNJ) announced Tuesday it has entered into a definitive agreement with biotechnology company Numab Therapeutics to acquire its wholly-owned subsidiary from Numab's shareholders in an all-cash transaction of approximately $1.25 billion.

RTTNews | 8h 42min ago

Bay Street May Open Higher; Earnings, Inflation Data In Focus

Canadian shares may open higher Tuesday morning as resources stocks are likely to find support thanks to rising commodity prices. The focus will be earnings, and key economic data from Canada and the U.S.

RTTNews | 8h 42min ago

TransDigm Group To Acquire Raptor Labs Holdco In About $655 Mln All-cash Deal

TransDigm Group Inc. (TDG) announced Tuesday it has entered into a definitive agreement to acquire Raptor Labs Holdco, LLC, a portfolio company of L Squared Capital Partners, for approximately $655 million in cash, including certain tax benefits.

RTTNews | 9h 17min ago

EURUSD	1.08742	GBPUSD	1.2775	AUDUSD	0.66592
USDJPY	156.967	USDCAD	1.36358	USDCHF	0.9109