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Virginia National Bankshares Q3 Profit Declines
Virginia National Bankshares Corp. (VABK) reported Friday that net income for the third quarter declined to $4.7 million or $0.86 per share from $5.8 million or $1.08 per share in the prior-year quarter.
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CVS To Remove Some Cold, Cough Medicines With Phenylephrine
CVS Health is removing certain over-the-counter or OTC cold and cough products with phenylephrine as the only active ingredient from its Pharmacy stores, reports said. The decision follows the U.S. Food and Drug Administration Advisory Committee's position on oral phenylephrine or PE.
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Lipella Pharma Soars 48% After FDA Oks IND For LP-310 For Oral Lichen Planus
Biotechnology company Lipella Pharmaceuticals Inc. (LIPO) announced Friday that the U.S. Food and Drug Administration (FDA) has approved an Investigational New Drug (IND) application for a multi-center, phase-2a, dose-escalation clinical trial.
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Bay Street Likely To Open Lower On Weak Global Cues
Global cues point to a weak start on Bay Street Friday morning, but rising crude oil and bullion prices may trigger some buying in energy and materials sectors and help limit market's downside.
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American Express Backs FY23 Outlook - Update
While reporting financial results for the third quarter on Friday, American Express Co. (AXP) backed its earnings and revenue growth guidance for the full-year 2023.
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Sensex, Nifty Extend Losses For Third Day On Weak Global Cues
Indian shares fell for a third day running on Friday as global markets slumped on concerns over rising bond yields and escalating tensions in the Middle East.
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Pound Falls Amid War Worries, Downbeat Retail Sales Data
The British pound weakened against other major currencies in the European session on Friday, as European shares traded lower amid worries over rising bond yields and the escalating Israel-Hamas conflict.
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European Shares Extend Losses On Fears About Wider Middle East Conflict
European stocks traded lower on Friday to extend recent losses as expectations of higher-for-longer interest rates and an escalating Middle East conflict dented investors' appetite for risk.
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FTSE 100 Declines As Retail Sales Disappoint
U.K. stocks traded lower on Friday amid worries over rising bond yields and the escalating Israel-Hamas conflict.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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CAC 40 Slides As Yields Extend Climb
French stocks declined on Friday, with a surge in U.S. bond yields and escalating Middle East tensions keeping investors nervous.
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DAX Extends Losses As Risk Aversion Intensifies
German stocks fell notably on Friday, reflecting a risk-averse environment amid concerns over rising bond yields and the escalation of the Israel-Hamas conflict.
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Asian Shares Retreat On Worries Over Rising Yields
Asian stocks tumbled on Friday as escalating Middle East tensions and a continued surge in oil prices clouded the outlook for global economic growth.
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