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Canadian Market Up Sharply On All-round Buying
Canadian stocks are up sharply in early afternoon trades on Friday, extending morning gains, thanks to sustained buying in healthcare, technology, energy and materials shares.
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U.S. Wholesale Inventories Rise Less Than Expected In July
Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday. The report showed wholesale inventories rose by 0.6 percent in July after surging by 1.8 percent in June. Economists had expected wholesale inventories to climb by 0.8 percent.
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Mawson Infra To Sell Bitcoin Mining Facility And 6,468 ASIC Miners To CleanSpark For Up To $42.5 Mln
Digital infrastructure provider Mawson Infrastructure Group Inc. (MIGI) announced Friday it has agreed to sell its Sandersville, Georgia-based Bitcoin Mining Facility, and 6,468 ASIC Bitcoin Miners to CleanSpark, Inc. (CLSK) for up to a maximum total purchase price of $42.5 million.
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AstraZeneca Says LYNPARZA Combination Shows Meaningful OS In Ovarian Cancer Across Phase III Trials
British drug major AstraZeneca plc (AZN.L, AZN) announced Friday positive long-term follow-up results from the PAOLA-1 and SOLO-1 Phase III trials of LYNPARZA (olaparib), with or without bevacizumab, demonstrating clinically meaningful improvements in overall survival (OS).
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Kroger Again Boosts FY22 Outlook - Update
While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) raised its adjusted earnings and identical sales outlook for the full-year 2022.
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Horizon Therapeutics To Buyback Up To $500 Mln Of Ordinary Shares
Biotechnology company Horizon Therapeutics plc (HZNP) today announced that its Board of Directors authorized the repurchase of up to $500 million of the Company's ordinary shares.
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Bay Street Looks Headed For Bright Start
Canadian shares are set to open on a firm note Friday morning, tracking positive global markets and higher commodity prices.
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Allakos Says Phase 3 Study Of Lirentelimab In EoD Missed Symptomatic Co-primary Goal
Biotechnology company Allakos Inc. (ALLK) on Friday reported data from EoDyssey, a 24-week, Phase 3, randomized, double-blind, placebo-controlled study of lirentelimab in patients with biopsy confirmed eosinophilic duodenitis (EoD).
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AirNet Appoints Dan Shao To Replace Herman Man Guo As CEO
AirNet Technology Inc. (ANTE), formerly known as AirMedia Group Inc., announced Friday changes in its board of directors and management. The company appointed Dan Shao, the spouse of Herman Man Guo, as the chief executive officer to replace Guo, effective from September 9, 2022.
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MOGU Board Authorizes To Repurchase Up To $10 Mln Of Shares
MOGU, Inc. (MOGU), a KOL-driven online fashion and lifestyle retailer, announced Friday that its board of directors has authorized a new share repurchase program, where the Company is authorized to repurchase up to $10 million of its shares, effective until August 31, 2023.
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Indian Shares Pare Early Gains; IT Stocks Lead
Positive global cues helped Indian shares surge higher on Friday, but markets ended well off their highs following recent strong gains.
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European Shares Rally Ahead Of EU Energy Ministers Meeting
European stocks were sharply higher on Friday, a day after the European Central Bank (ECB) raised interest rates by a record 75 basis points and signaled further hikes to tame runaway inflation.
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FTSE 100 Gains As Miners Surge
U.K. stocks advanced on Friday as soaring metal prices helped boost miners.
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