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Eurozone Services Activity Lifts Private Sector Growth To 10-Month High

Eurozone private sector logged the strongest growth in ten months in March underpinned by the robust expansion in services activity though the manufacturing sector remained stuck in the contraction zone. The flash composite output index rose more-than-expected to 54.1 in March from 52.0 in February, survey results from S&P Global showed Friday. The expected score was 51.9.
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Dawson Geophysical Enters Asset Purchase Deal With Wilks Brothers, Breckenridge Geophysical

Dawson Geophysical Enters Asset Purchase Deal With Wilks Brothers, Breckenridge Geophysical

Dawson Geophysical Co. (DWSN) announced Friday that it has entered into an asset purchase agreement with Wilks Brothers, LLC and Breckenridge Geophysical, LLC, pursuant to which the Company purchased substantially all of the Breckenridge assets related to seismic data acquisition services other than its multi-client data library.
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Incyte Says FDA Issued CRL For Ruxolitinib Extended-release Tablets

Incyte Says FDA Issued CRL For Ruxolitinib Extended-release Tablets

Incyte Corp. (INCY) announced Friday that the U.S. Food and Drug Administration (FDA) has issued a complete response letter for ruxolitinib extended-release (XR) tablets, a JAK1/JAK2 inhibitor, for once-daily (QD) use in the treatment of certain types of myelofibrosis (MF), polycythemia vera (PV) and graft-versus-host disease (GVHD).
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UK Retail Sales Rise Most In 4 Months, Consumer Sentiment At 1-Year High

UK Retail Sales Rise Most In 4 Months, Consumer Sentiment At 1-Year High

UK retail sales grew at the fastest pace in four months in February on robust non-food stores sales even as high inflation eats into households' purchasing power, data from the Office for National Statistics showed Friday. British consumers' confidence strengthened to a one-year high in March driven by the rising willingness to buy and improved assessment about the overall economy.
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Sensex, Nifty Extend Declines For Second Day

Sensex, Nifty Extend Declines For Second Day

Indian shares fell for a second straight session on Friday, with weak global cues and a move by the government to tax gains from debt mutual funds via an amendment to the Finance Bill weighing on sentiment.
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European Shares Decline On Slowdown Fears

European Shares Decline On Slowdown Fears

European stocks fell for a second straight session on Friday, with banks coming under selling pressure once again on a Bloomberg report that Credit Suisse Group and UBS Group AG are among the banks under scrutiny in a U.S. Justice Department probe for potentially helping Russian oligarchs evade sanctions.
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FTSE 100 Falls Led By Banks And Miners

FTSE 100 Falls Led By Banks And Miners

U.K. stocks fell sharply on Friday, as worries over turmoil in the banking sector and recession risks overshadowed upbeat retail sales and consumer confidence readings.
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CAC 40 Tumbles With Banks Under Pressure

CAC 40 Tumbles With Banks Under Pressure

French stocks fell sharply on Friday, with banks coming under selling pressure once again on a Bloomberg report that Credit Suisse Group and UBS Group AG are among the banks under scrutiny in a U.S. Justice Department probe for potentially helping Russian oligarchs evade sanctions.
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Euro Little Changed After Eurozone PMI

Euro Little Changed After Eurozone PMI

At 5:00 am ET Friday, Eurozone flash PMI survey results have been released. The euro changed little against its major rivals after the data.
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Euro Drops Ahead Of Eurozone PMI

Euro Drops Ahead Of Eurozone PMI

At 5:00 am ET Friday, Eurozone flash PMI survey results are due. Economists expect the composite PMI to drop marginally to 51.9 in March from 52.0 in February.
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DAX Drops On Weak PMI Data

DAX Drops On Weak PMI Data

German stocks declined on Friday, as concerns about the banking crisis persisted and a survey showed manufacturing activity in the country continued to worsen in March.
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