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U.S. Durable Goods Orders Plunge 5.2% In July Amid Sharp Pullback In Aircraft Demand
With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July. The Commerce Department said durable goods orders plunged by 5.2 percent in July after surging by a revised 4.4 percent in June.
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T-Mobile US Plans To Slash Workforce By Under 7% Or 5000 Positions
Telecom major T-Mobile US, Inc. (TMUS) announced Thursday in an email to its employees that it is planning to reduce the size of its workforce by just under 7 percent or 5,000 positions.
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U.S. Jobless Claims Unexpectedly Dip To 230,000
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended August 19th. The report said initial jobless claims slipped to 230,000, a decrease of 10,000 from the previous week's revised level of 240,000.
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U.S. Weekly Jobless Claims Unexpectedly Dip To 230,000
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended August 19th.
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OSI Systems Guides FY24 Revenues Well Above Estimates - Update
While reporting financial results for the fourth quarter on Thursday, OSI Systems, Inc. (OSIS) initiated its adjusted earnings and revenue growth guidance for the full-year 2024.
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U.S. Durable Goods Orders Pull Back More Than Expected In July
With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July.
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Před 643 dny
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to see a mixed start on Thursday with investors reacting to earnings updates from major banks, and upbeat results from U.S. chipmaker Nvidia.
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more news
Akebia Therapeutics Expects To Resubmit NDA For Vadadustat NDA In Q3
Biopharmaceutical company Akebia Therapeutics, Inc. (AKBA) announced Thursday that the company expects to resubmit its New Drug Application (NDA) for vadadustat as a treatment for anemia due to chronic kidney disease in adult patients on dialysis by the end of the third quarter of 2023.
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Indonesia Central Bank Keeps Rate Unchanged
Indonesia's central bank kept the key interest rate unchanged for the seventh straight session as inflation is expected to remain within the target in the near-term. The Board of Governors of Bank Indonesia, led by Governor Perry Warjiyo, voted to hold the seven-day reverse repo rate at 5.75 percent.
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Před 643 dny
Cigna Removes Addl 600+ Medical Services From Prior Authorization
Cigna Group's Cigna Healthcare said it has removed nearly 25 percent of medical services from prior authorization or precertification requirements. With the move, the health benefits provider aims to simplify the health care experience for both customers and clinicians. The company will also remove prior authorization for nearly 500 additional codes for Medicare Advantage plans later this year.
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Před 643 dny
Hain Celestial Appoints Lee Boyce To Succeed Chris Bellairs As CFO
Hain Celestial Group (HAIN) announced Thursday that it has appointed Lee Boyce as the new Chief Financial Officer, effective September 5, 2023.
Boyce will succeed Hain's current Chief Financial Officer, Chris Bellairs, who will remain with the company through a transition and will participate in Hain's upcoming Investor Day event in New York City on September 13.
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Před 643 dny
Movado Group Q2 Net Profit Declines; Trims FY23 Net Sales Outlook
Luxury watch maker Movado Group, Inc. (MOV) reported Thursday that net income attributable to Movado for the second quarter declined to $8.05 billion or $0.36 per share from $24.0 million or $1.05 per share in the prior-year quarter.
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Sensex, Nifty Reverse Early Gains
Indian shares gave up early gains to end slightly lower on Thursday in spite of positive cues from global markets, following blockbuster earnings from tech darling Nvidia.
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Před 644 dny
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