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Swiss Market Ends On Firm Note
The Switzerland stock market started off on a sluggish note on Wednesday, but recovered soon and gained in strength as the session progressed to eventually close notably higher despite coming off the day's high.
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European Stocks Close Higher As China Reopening Fuels Growth Hopes
Despite recent hawkish comments from some Fed officials that raised concerns about tighter monetary policy from the U.S. central bank, European stocks closed higher on Wednesday as optimism over China's reopening helped underpin sentiment.
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Canadian Market Modestly Higher At Noon
The Canadian market is up in positive territory around noon on Wednesday, led by gains in real estate, utilities and healthcare sections.
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U.S. Dollar Advances As Traders Await CPI Data
The U.S. dollar turned higher against its most major counterparts in the New York session on Wednesday, as investors awaited U.S. inflation data for more clues on interest rate outlook.
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Duke Energy Sustainable Solutions Inks 180-MW Virtual Power Purchase Agreement With Verizon
Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy (DUK), announced Wednesday it has placed the 207-megawatt (MW) Ledyard Windpower project into commercial operation in Kossuth County, Iowa.
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PPL Expects Top-tier 6% To 8% EPS And Dividend Growth Through At Least 2026; Guides FY23 EPS In Line
PPL Corp. (PPL) announced Wednesday an updated business plan that is expected to generate top-tier 6 to 8 percent earnings and dividend growth through at least 2026 with strong growth opportunities beyond. The company also expects $14.3 billion of capital investments through 2026, a more than 20% increase from prior plan.
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Lipella Pharma Announces Top Line Results In Phase 2A Trial Of LP-10 For Hemorrhagic Cystitis
Biotechnology company Lipella Pharmaceuticals Inc. (LIPO) announced top line results for its recently completed Phase 2a clinical trial evaluating the safety and efficacy of its drug candidate LP-10 for Hemorrhagic Cystitis, a rare but highly morbid disease for which there are currently no FDA approved treatments.
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Bay Street Seen Opening On Positive Note
Higher commodity prices and steady European stocks point to a positive start for the Canadian market on Wednesday.
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Dentsply Sirona Now Sees FY22 Net Sales At High End Of Prior Outlook Range
Ahead of its presentation at the 41st Annual J.P. Morgan Healthcare Conference later on Wednesday, Dentsply Sirona, Inc. (XRAY) provided an update on its anticipated financial results for the full-year 2022.
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Tesla Plans To Spend $717 Mln To Expand Austin Gigafactory
Tesla Inc. is planning to invest around $717 million to expand its gigafactory in Austin, Texas, reports said citing papers filed with the Texas Department of Licensing and Registration. The luxury electric vehicle maker has applied for construction permits to add about 1.4 million square feet of space to its manufacturing plant, which was unvelied in last April.
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FAA Says Domestic Flights Temporarily Delayed Due To Notice To Air Missions (NOTAM) System Outage
United Airlines Holdings, Inc. (UAL) announced Wednesday in a tweet that all domestic flights across that United States has been temporarily delayed as the Federal Aviation Administration or FAA, system that sends out important real-time flight hazards & restrictions to all commercial airline pilots is currently suffering a nationwide outage.
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Sensex, Nifty End Marginally Lower As Investors Eye US Inflation Data
Indian shares ended a choppy session marginally lower on Wednesday, with a declining dollar and easing Treasury yields helping cap the downside.
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European Shares Rise On China Optimism
European stocks opened higher on Wednesday, as optimism surrounding China's reopening offset lingering worries about slowing global growth and interest rates staying high for a longer period.
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