DAX Slips As Investors Await US Inflation Data
(RTTNews) - German stocks traded slightly lower on Monday as investors digested mixed inflation data from China and awaited U.S. inflation data due later this week for directional cues.
The benchmark DAX was down 25 points, or 0.1 percent, at 18,748 after rising half a percent on Friday.
IT company Q.beyond rose 1.4 percent after narrowing its Q1 loss and confirming 2024 outlook.
Adesso SE slumped 4.5 percent. The IT services provider reported that its first-quarter consolidated loss was 3.30 million euros, compared to prior year's profit of 2.02 million euros.
Ceconomy added nearly 2 percent after the electronics retailer said it expects adjusted earnings for fiscal 2024 to be above analysts' expectations.
read more
DuPont To Acquire Donatelle Plastics For Undisclosed Terms
Chemical company DuPont de Nemours, Inc. or DuPont (DD) announced Tuesday it has signed an agreement to acquire Donatelle Plastics Inc., a medical device contract manufacturer specializing in the design, development and manufacture of medical components and devices.
RTTNews
|
hace 4h 26min
GM Defense Provides Commercial Battery Electric Technology For Future Military Platforms
GM Defense LLC, a subsidiary of General Motors Co. (GM), said Tuesday it is providing commercial battery electric technology in support of the University of Texas at Arlington (UTA) Pulsed Power and Energy Laboratory (PPEL) and Naval Surface Warfare Center Philadelphia Division (NSWCPD).
RTTNews
|
hace 4h 43min
Heritage Financial Names Bryan McDonald To Succeed Jeffrey Deuel As President And CEO
Heritage Financial Corp. (HFWA), the parent company of Heritage Bank, on Tuesday named Bryan McDonald to succeed Jeffrey Deuel as President and CEO of Heritage Bank and President of Heritage Financial Corp., effective July 1, 2024.
RTTNews
|
hace 4h 52min
Carisma Says FDA Grants Fast Track Designation For CT-0525 In HER2-Overexpressing Solid Tumors
Biopharmaceutical company Carisma Therapeutics, Inc. (CARM) announced Tuesday that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for CT-0525, an ex vivo gene-modified autologous chimeric antigen receptor-monocyte (CAR-Monocyte) cellular therapy intended to treat solid tumors that overexpress human epidermal growth factor receptor 2 (HER2).
RTTNews
|
hace 5h 16min
Conagra Brands Partners Microsoft And EY To Boost AI Capabilities With Human-Centered Approach
Conagra Brands, Inc. (CAG) announced Tuesday it is advancing its artificial intelligence solutions through a human-centered approach in collaborations with Microsoft Corp. (MSFT) and Ernst & Young LLP (EY). This approach will prioritize responsible use of AI across the company.
RTTNews
|
hace 5h 40min
Ford Recalls About 550,000 2014 Model Year F-150 Vehicles
Ford Motor Co. (F) on Tuesday issued a recall for a total of 552,188 2014 model year F-150 pick-up trucks in the United States due to a Powertrain Control Module (PCM) issue, the National Highway Traffic Safety Administration said on Tuesday.
RTTNews
|
hace 5h 57min
Bay Street May Open Slightly Weak; Inflation Data In Focus
Weak crude oil prices and European stocks point to a negative start for the Canadian market Tuesday morning. However, the data on Canadian inflation, due ahead of the opening bell, is expected to set the mood for the market.
RTTNews
|
hace 6h 6min
IGT Wins Contract From Ohio Lottery Commission For Video Lottery Terminal Central Monitoring System
International Game Technology plc (IGT) announced Tuesday that it has won a competitive bidding process to provide the Ohio Lottery Commission's video lottery terminal (VLT) central monitoring system, with a contract effective May 31, 2024 through June 30, 2033.
RTTNews
|
hace 6h 39min
