Forex News
Aptiv And Hyundai Motor Complete Ownership Restructuring Transactions Of Motional AD
Technology company Aptiv plc (APTV) announced Thursday that Aptiv and Hyundai Motor Group have completed the previously announced ownership restructuring transactions of Motional AD LLC.
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3 days ago
Lilly Says Phase 3 Trials Of Once-weekly Insulin In Type 2 Diabetes Meets Primary Endpoint
Eli Lilly and Co. (LLY) announced Thursday positive topline results from the QWINT-2 and QWINT-4 phase 3 clinical trials evaluating once-weekly insulin efsitora alfa (efsitora) in adults with type 2 diabetes using insulin for the first time (insulin naïve) and those who require multiple daily insulin injections.
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3 days ago
U.S. Industrial Production Comes In Flat In April
With a surge in utilities output offset by decrease in mining and manufacturing output, the Federal Reserve released a report on Thursday showing U.S. industrial came in flat in the month of April.
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3 days ago
Tredegar Says Brazilian Regulator Recommends Rejection Of Sale Of Terphane To Oben Group
Industrial manufacturer Tredegar Corp. (TG) announced Thursday that, as part of the Brazilian merger review process regarding the sale of Terphane to Oben Group, the General Superintendence of the Administrative Council for Economic Defense (SG-CADE) issued a non-binding opinion recommending the rejection of the transaction.
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3 days ago
Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of April 2024 of $494 million or $390 million, after-tax.
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3 days ago
Blackstone To Acquire Majority Stake In Priority Software For Undisclosed Terms
Blackstone, Inc. (BX) announced Thursday that Blackstone Growth and affiliated funds have entered into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software. The terms of the deal were not disclosed.
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3 days ago
Philly Fed Index Slumps More Than Expected In May
Philadelphia-area manufacturing activity saw a notable slowdown in the pace of growth in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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3 days ago
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U.S. Import Prices Jump Much More Than Expected In April
The Labor Department released a report on Thursday showing U.S. import prices jumped by much more than expected in the month of April.
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3 days ago
Walmart Q1 Results Top Estimates; Provides Rosy Outlook
Retail giant Walmart reported Thursday a profit for the first quarter that soared from last year, reflecting higher gross margins and strong growth across all its operating segments. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
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3 days ago
U.S. Housing Starts Rebound Less Than Expected In April
New residential construction in the U.S. rebounded in the month of April, according to a report released by the Commerce Department on Thursday, although the increase fell short of economist estimates.
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3 days ago
U.S. Weekly Jobless Claims Pull Back To 222,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell roughly in line with estimates in the week ended May 11th.
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3 days ago
Under Armour Down 9% On Weak FY25 Outlook; Announces Restructuring - Update
While reporting financial results for the fourth quarter on Thursday, Under Armour, Inc. (UA) initiated its earnings, adjusted earnings and revenue growth guidance for the full-year 2025, well below estimates.
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3 days ago
Bay Street Likely To See Muted Open
It's likely to be a muted start for Canadian stocks Thursday morning, amid a lack of positive triggers from global stock markets, and a mixed trend in the commodities markets.
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3 days ago