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Dollar Rises Against Major Counterparts
The U.S. dollar firmed against its major counterparts on Tuesday, as weaker-than-expected trade data from China, and Moody's downgrade of the credit ratings of about ten small and mid-sized banks in the U.S lifted the currency's safe-haven appeal.
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vor 750 Tagen
U.S. Stocks Close On Weak Note Despite Coming Off Day's Lows
After a weak start and a subsequent sharp fall, stocks recovered gradually on Tuesday, but still ended the day's session in negative territory.
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vor 750 Tagen
U.S. Stocks Down In Negative Territory, Look Headed For Weak Close
U.S. stocks are down firmly in negative territory Tuesday afternoon, weighed down by weak trade data from China, geopolitical tensions, and caution ahead of key inflation data from the U.S. and China.
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vor 750 Tagen
Swiss Market Ends Modestly Lower
After a weak start, the Switzerland stock market briefly moved into positive territory Tuesday morning, but retreated and spent the rest of the day's session in the red to eventually close modestly lower.
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vor 750 Tagen
European Stocks Close Lower On Growth Worries
European stocks closed notably lower on Tuesday, weighed down by growth worries after data showed China's exports and imports both sank at their fastest pace sine the 2020 Covid-19 pandemic in July.
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vor 750 Tagen
U.S. Dollar Higher On China Concerns, Moody's Downgrades
The U.S. dollar advanced against its major opponents in the European session on Tuesday, as weaker-than-expected trade data from China and Moody's downgrade of the credit ratings of several small and midsized banks dampened risk sentiment.
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vor 750 Tagen
Eli Lilly Boosts Outlook As Q2 Results Top Estimates; Stock Up 11%
Drugmaker Eli Lilly and Co. reported Tuesday a profit for the second quarter that surged 85 percent from last year, reflecting strong Mounjaro sales and a solid performance from growth products. Both adjusted earnings per share and revenues topped analysts' expectations. The company also raised its adjusted earnings and revenue guidance for the full-year 2023.
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vor 750 Tagen
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Macerich Trims FY23 Outlook; Q2 Results Top Estimates
While reporting financial results for the second quarter on Tuesday, REIT Macerich Co. (MAC) trimmed its outlook for the full year 2023.
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vor 750 Tagen
U.S. Trade Deficit Narrows In June Amid Slump In Imports
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed in the month of June.
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vor 750 Tagen
Bay Street Likely To Open With Negative Gap
Canadian shares look headed for a negative start on Tuesday, tracking weak European stocks and lower commodity prices amid worries about growth following highly disappointing Chinese trade data.
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vor 750 Tagen
Medical Properties Trust Q2 Earnings Top Estimates; Narrows FY23 NFFO Outlook Range
Medical Properties Trust, Inc. (MPW) reported Tuesday a second-quarter net loss attributable to stockholders of $42.04 million or $0.07 per share, compared to net income of $189.60 million or $0.32 per share in the prior-year quarter.
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vor 750 Tagen
Endo International Narrows FY23 Revenue Outlook Range - Update
While reporting financial results for the second quarter on Tuesday, specialty pharmaceutical company Endo International plc (ENDPQ.PK) narrowed its revenue guidance range for the full-year 2023.
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vor 750 Tagen
DISH, EchoStar To Combine In All-stock Deal
DISH Network Corp. (DISH) and EchoStar Corp. (SATS) announced Tuesday they have entered into a definitive agreement for DISH to combine with EchoStar in an all-stock merger at a fixed exchange ratio.
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vor 750 Tagen
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