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U.S. Dollar Moves Notably Higher Amid Interest Rate Concerns
After turning in a relatively lackluster performance over the two previous days, the value of the U.S. dollar has moved notably higher during trading on Friday.
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Před 815 dny
Swiss Stock Market Ends Lower For Second Straight Day
The Swiss stock market was unable to hold early gains on Friday, instead turning lower to end firmly in the red for the second straight session - sinking almost 120 points or 1.1 percent in that span.
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Před 815 dny
European Markets Tumble Friday On Rate Hike Concerns
The major European stock markets finished firmly lower on Friday, unable to hold early gains and sinking firmly into the red.
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Před 815 dny
Hot PCE Inflation Data Lifts U.S. Dollar
The U.S. dollar spiked up against its major counterparts in the New York session on Friday, as U.S. core personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, rose more than expected in January, cementing hopes that the Federal Reserve would keep raising interest rates to tame it.
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Před 815 dny
U.S. Consumer Sentiment Index For February Unexpectedly Upwardly Revised
Consumer sentiment in the U.S. improved slightly more than initially estimated in the month of February, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for February was upwardly revised to 67.0 from the preliminary reading of 66.4.
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Před 815 dny
U.S. New Home Sales Spike To Ten-Month High In January
The Commerce Department released a report on Friday showing a sharp increase in U.S. new home sales in the month of January. The report said new home sales spiked by 7.2 percent to an annual rate of 670,000 in January after soaring by 7.2 percent to a revised rate of 625,000 in December.
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Před 815 dny
Chiesi, Protalix Receive Positive CHMP Opinion For Pegunigalsidase Alfa To Treat Fabry Disease
Protalix BioTherapeutics, Inc. (PLX) and Chiesi Global Rare Diseases, a business unit of the Chiesi Group, announced Friday that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion, recommending marketing authorization for PRX-102 (pegunigalsidase alfa), the first and only pegylated enzyme for the treatment of adult patients with Fabry disease.
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Před 815 dny
more news
U.S. Core Consumer Price Growth Unexpectedly Accelerates In January
A highly anticipated report released by the Commerce Department on Friday showed an unexpected acceleration in the annual rate of core consumer price growth in the month of January. The report said annual growth by core consumer prices, which exclude food and energy prices, accelerated to 4.7 percent in January from an upwardly revised 4.6 percent in December.
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Před 815 dny
MoneyGram Q4 Profit Soars
MoneyGram International, Inc. (MGI) reported Friday a net income for the fourth quarter of $21.8 million or $0.22 per share, sharply higher than $4.2 million or $0.04 per share in the prior-year quarter.
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Před 815 dny
U.S. Personal Income Climbs Less Than Expected In January
A report released by the Commerce Department showed U.S. personal income increased by less than expected in the month of January. The Commerce Department said personal income climbed by 0.6 percent in January after rising by an upwardly revised 0.3 percent in December.
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Před 815 dny
DOJ Accuses Google Of Deleting Evidence In Antitrust Case
U.S. Justice Department or DOJ has accused Alphabet Inc.'s Google of deleting internal corporate communication that was supposed to serve as evidence in the government's antitrust case against the search business. The Department has asked a Federal judge to hold a hearing and to sanction the company over its intentional and repeated destruction of written communications.
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Před 815 dny
Icahn Enterprises Q4 Loss Narrows
Icahn Enterprises L.P. (IEP) reported Friday a net loss attributable to Icahn Enterprises for the fourth quarter of $255 million or $0.74 per depositary unit, compared to net income of $396 million or $1.72 per depositary unit in the prior-year quarter.
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Před 815 dny
German Economy Worse Than Expected Fall In Q4
Germany's economy shrank more than estimated at the end of the year amid fears of another contraction in the first quarter, signaling that hopes of a shallow recession in the biggest euro area economy was premature as high inflation continues to weigh on household spending and investment. Gross domestic product shrank 0.4 percent from the third quarter, when the economy expanded 0.5 percent, deta
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Před 815 dny
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