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U.S. Pending Home Sales Slump To Lowest Level In Over Twenty Years
Pending home sales in the U.S. slumped to their lowest level in over twenty years in the month of October, the National Association of Realtors revealed in a report released on Thursday. NAR said its pending home sales index tumbled by 1.5 percent to 71.4 in October after jumping by 1.0 percent to a revised 72.5 in September.
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vor 625 Tagen
Chicago Business Activity Expands For First Time In Over A Year
A report released by MNI Indicators on Thursday showed Chicago-area business activity unexpectedly expanded for the first time in over a year in the month of November. MNI Indicators said its Chicago business barometer surged to 55.8 in November from 44.0 in October, with a reading above 50 indicating growth. Economists had expected the index to inch up to 45.4.
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vor 625 Tagen
ShapeTX Expands Ongoing Collaboration With Roche
ShapeTX announced Thursday the expansion of its partnership with Roche Holding AG (RHHBY.PK), with Roche adding a new target to their ongoing collaboration, which was initially established in August 2021.
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vor 625 Tagen
Eurozone Inflation Weakest Since Mid 2021
Eurozone inflation eased more than expected to the weakest in more than two years in November and the unemployment rate remained unchanged at a lower level, raising hopes that the European Central Bank may cut interest rates earlier than currently forecast. Inflation softened to 2.4 percent in November from 2.9 percent in October, flash data from the statistical office Eurostat revealed Thursday.
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vor 625 Tagen
Global 5G Subscriptions To Top 5.3 Bln By 2029-End: Ericsson Mobility Report
Global 5G subscriptions are forecast to increase more than 330 percent over the next six years to reach at 5.3 billion, with 85 percent of the global population to have 5G coverage access, according to Ericsson Mobility Report. The November 2023 edition of the report, which is key industry reference source for network data, performance, statistics, and forecasts, estimates that new 5G...
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vor 625 Tagen
EU Accuses Five Starter Batteries Manufacturers Of Running Price Fixing Cartel
The European Commission has accused a group of five automotive starter batteries manufacturers, along with trade association Eurobat and its service provider Kellen, of breaching EU antitrust rules for colluding to increase battery prices by running a cartel.
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vor 625 Tagen
U.S. Consumer Price Growth Slows In Line With Estimates In October
Consumer price growth in the U.S. slowed in line with economist estimates in the month of October, according to closely watched inflation readings released by the Commerce Department on Thursday.
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vor 625 Tagen
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German Jobless Rises Unexpectedly Amid Economic Downturn
Germany's unemployment rate rose unexpectedly in November as the economic downturn damped job creation, official data revealed on Thursday. The jobless rate rose to 5.9 percent in November, while it was forecast to remain unchanged at 5.8 percent. The rate was the highest in two and a half years.
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vor 625 Tagen
U.S. Weekly Jobless Claims Inch Up To 218,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended November 25th. The Labor Department said initial jobless claims inched up to 218,000, an increase of 7,000 from the previous week's revised level of 211,000.
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vor 625 Tagen
Kroger Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Thursday, supermarket chain Kroger Co. (KR) raised its adjusted earnings guidance for the full-year 2023, while trimming total identical sales growth outlook.
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vor 625 Tagen
AbbVie To Acquire ImmunoGen For $31.26/shre In All-cash Deal Of About $10.1 Bln
AbbVie Inc. (ABBV) and ImmunoGen, Inc. (IMGN) announced Thursday AbbVie will acquire ImmunoGen, and its flagship cancer therapy ELAHERE (mirvetuximab soravtansine-gynx), a first-in-class antibody-drug conjugate (ADC) approved for platinum-resistant ovarian cancer (PROC).
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vor 625 Tagen
FTSE 100 Rebounds Amidst Positive Global Sentiment
A global positive sentiment triggered by easing inflation across regions and hopes of rate cuts helped FTSE 100 rebound after a losing streak.
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vor 625 Tagen
Bay Street Looks Headed For Positive Start
Higher U.S. and Canadian futures, firm crude oil prices, and positive European markets are pointing to a higher start for Canadian shares on Thursday. The focus is on Canadian GDP data and U.S. Personal Income & Expenditure report.
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vor 625 Tagen
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