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U.S. Industrial Production Climbs More Than Expected In August
The Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of August. The report said industrial production climbed by 0.4 percent in August following a downwardly revised 0.7 percent advance in July.
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vor 693 Tagen
New York Manufacturing Index Unexpectedly Indicates Modest Growth In September
A report released by the Federal Reserve Bank of New York on Friday showed a substantial turnaround by New York manufacturing activity in the month of September. The New York Fed said its general business conditions index surged to a positive 1.9 in September from a negative 19.0 in August, with a positive reading indicating growth in regional manufacturing activity.
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vor 693 Tagen
Merck Gets Positive CHMP Opinion For Approval Of KEYTRUDA To Treat Non-Small Cell Lung Cancer
Biopharmaceutical company Merck & Co., Inc. (MRK), known as MSD outside of the U.S. and Canada, announced Friday that the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion recommending approval of KEYTRUDA.
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vor 693 Tagen
U.S. Import Prices Increase More Than Expected As Fuel Prices Soar
Import prices in the U.S. increased by more than expected in the month of August, according to a report released by the Labor Department on Friday, with the report also showing a much bigger than expected surge in U.S. export prices.
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vor 693 Tagen
Disney Says No Decision On Divestitures; Confirms Seeking Options For Linear Businesses
The Walt Disney Co. (DIS) announced Friday that it "has made no decision with respect to the divestiture of ABC or any other property and any report to that effect is unfounded."
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vor 693 Tagen
Salesforce To Reportedly Hire 3300 People After The Layoffs In January
Cloud-based software firm Salesforce Inc. (CRM) is set to hire 3,300 people across its various departments following a 10 percent job cut in January, according to a Bloomberg report on Friday. The report cited an interview with CEO Marc Benioff.
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vor 693 Tagen
New York Manufacturing Index Unexpectedly Turns Positive In September
New York manufacturing activity has seen a substantial turnaround in the month of September, according to a report released by the Federal Reserve Bank of New York on Friday.
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vor 693 Tagen
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Dollar Advances After U.S. Import And Export Prices
U.S. import and export prices for August have been released at 8.30 am ET Friday. After the data, the greenback advanced against its major counterparts.
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vor 693 Tagen
U.S. Import Prices Increase More Than Expected In August
A report released by the Labor Department on Friday showed a bigger than expected increase in U.S. import prices in the month of August as well as a much bigger than expected surge in U.S. export prices.
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vor 693 Tagen
Dollar Mixed Ahead Of U.S. Import And Export Prices
U.S. import and export prices for August are due at 8.30 am ET Friday. Ahead of the data, the greenback traded mixed against its major counterparts. While it rose against the franc and the pound, it held steady against the euro and the yen.
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vor 693 Tagen
Nikola To Expand Dealer Network Into Canada For Class 8 Truck Sales And Service Coverage
Nikola Corp. (NKLA) announced Friday an expansion of its dealer network into Canada for its Class 8 truck sales and service coverage with the addition of ITD Industries Inc., an industry leading commercial trailer manufacturer and technology business headquartered in Toronto, Ontario.
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vor 693 Tagen
Russia Central Bank Lifts Key Rate By 100 Bps
Russia's central bank delivered another sharp interest rate hike on Friday, citing crystallizing significant proinflationary risks. The board of directors of the Bank of Russia decided to raise the key rate by 100 basis points to 13.00 percent. The outcome of the meeting widely matched the expectations.
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vor 693 Tagen
Bay Street Likely To Open On Firm Note
Canadian shares look headed for a positive start on Friday, tracking European markets and higher commodity prices following encouraging economic data from China and easing concerns about interest rates.
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vor 693 Tagen
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