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U.S. Private Sector Employment Rises Much Less Than Expected In September
A report released by payroll processor ADP on Wednesday showed private sector job growth slowed by much more than expected in the month of September.
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vor 672 Tagen
Alpine Immune Sciences Appoints Wolfgang Dummer To Succeed Andrew Sandler As Chief Medical Officer
Alpine Immune Sciences, Inc. (ALPN), a clinical-stage immunotherapy company, announced Wednesday the appointment of Wolfgang Dummer, M.D., Ph.D., to Chief Medical Officer effective October 2, 2023.
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vor 672 Tagen
Bay Street Likely To See Mixed Open
The Canadian market may open on a mixed note on Tuesday as bargain hunting is likely in some frontline stocks. However, the mood is likely to remain cautious amid rising bond yields, and persisting worries about economic slowdown.
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vor 672 Tagen
Avertix, BIOS Acquisition Agree To Terminate Merger Deal
BioPlus Acquisition Corp. (BIOS) announced Wednesday that BIOS, Avertix Medical, Inc. and certain other parties have mutually agreed to terminate their previously announced business combination agreement and plan of reorganization, effective as of October 4, 2023.
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vor 672 Tagen
General Motors Inks New $6 Bln, 364-day Revolving Credit Agreement With JPMorgan Chase Bank
General Motors Co. (GM) said Wednesday it entered into a new 364-Day Revolving Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders. The facility is unsecured, provides available borrowing capacity of $6.0 billion, and matures on October 1, 2024.
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vor 672 Tagen
Helen Of Troy Q2 Results Top Estimates; Maintains FY24 Outlook; Confirms Brian Grass As CFO
Helen of Troy Ltd. (HELE) announced Wednesday second-quarter net income of $27.38 million or $1.14 per share, down from $30.67 million or $1.28 per share in the prior-year quarter.
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vor 672 Tagen
Sensex, Nifty End Lower On Rate Worries
Indian shares ended lower on Wednesday, tracking weak global markets after the August U.S. job openings survey signaled a tight labor market, keeping the risks tiled toward another Fed rate hike.
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vor 672 Tagen
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New Zealand Holds Key Rate; Policy To Remain Restrictive
New Zealand's central bank decided to hold its benchmark rate unchanged and suggested that they will remain restrictive to ensure that inflation returns to the target. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, maintained the Official Cash Rate at 5.50 percent, in line with expectations.
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vor 672 Tagen
European Shares Reverse Early Losses Amid Data Deluge
European stocks reversed early losses to turn higher on Wednesday, as investors reacted to a slew of economic data and European Central Bank (ECB) President Lagarde's speech at a conference in Frankfurt.
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vor 672 Tagen
FTSE 100 Little Changed In Cautious Trade; Tesco Gains After Raising Outlook
U.K. stocks were little changed on Wednesday as investors reacted to mixed earnings updates and weaker services data.
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vor 672 Tagen
CAC 40 Edges Higher With Service PMI In Focus
French stocks were marginally higher on Wednesday after a survey showed services sector activity in the country shrank less than initially thought in September.
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vor 672 Tagen
DAX Extends Losses On Rate Worries
German stocks traded lower on Wednesday after the August U.S. job openings data showed a large pickup with vacancies - stoking fresh fears of higher-for-longer interest rates.
The downside remained capped after a survey showed activity in Germany's services sector edged up slightly in September, following a drop in the previous month.
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vor 672 Tagen
Asian Shares Retreat On Fed Rate Uncertainty
Asian stocks succumbed to selling pressure on Wednesday as signs of a strong U.S. job market added to fears that high interest rates could weigh on global growth.
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vor 672 Tagen
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