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Stocks Turning In Mixed Performance Ahead Of Fed Minutes
U.S. stocks are swinging between gains and losses on Wednesday with investors looking for direction and making largely cautious moves.
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Swiss Market Ends Sharply Higher As Stocks Rally On Bargain Hunting
The Switzerland stock market ended on a buoyant note on Wednesday, tracking positive cues from the major markets across Europe.
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European Stocks Close Higher On Bargain Hunting, Some Positive Economic Data
European stocks closed on a strong note on Wednesday, rebounding after suffering sharp losses in the previous session amid rising concerns about a possible recession.
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U.S. Dollar Advances Amid Strong ISM Services PMI; Fed Minutes Due
The U.S. dollar was higher against its major counterparts in the European session on Wednesday, as the nation's service sector activity improved in June and investors awaited the release of the minutes of the Federal Reserve's June policy meeting for clues about the future path of monetary tightening.
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Wall Street Likely To Open With Negative Bias
Lower U.S. index futures point to a slightly negative start on Wall Street on Wednesday.
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Inspire Medical Says FDA Oks Addl. MRI Scan Conditions For Use With Inspire Therapy
Medical technology company Inspire Medical Systems, Inc. (INSP) announced Wednesday that the U.S. Food and Drug Administration (FDA) has approved additional magnetic resonance imaging (MRI) scan conditions for use with Inspire therapy.
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Catalyst Biosciences Says Court Denies Motion For Expedited Proceedings By JDS1
Catalyst Biosciences, Inc. (CBIO) announced Wednesday that the Delaware Court of Chancery has denied the motion for expedited proceedings in the action brought by the plaintiff, JDS1, LLC.
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Bay Street Likely To See Positive Start
Higher crude oil prices and firm European markets indicate a positive start for the Canadian market on Wednesday.
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Coherus, Junshi Biosciences Say FDA Accepts Resubmission Of Toripalimab BLA
Coherus BioSciences, Inc. (CHRS) and Shanghai Junshi Biosciences Co., Ltd. announced Wednesday that the U.S. Food and Drug Administration (FDA) has accepted for review the Biologics License Application (BLA) resubmission for toripalimab in combination with gemcitabine and cisplatin as first-line treatment for patients with advanced recurrent or metastatic nasopharyngeal carcinoma (NPC) and for toripalimab monotherapy for the second-line or later treatment of recurrent or metastatic NPC after platinum-containing chemotherapy.
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AllianceBernstein Appoints COO Kate Burke To Addl. Role Of CFO
Investment management firm AllianceBernstein Holding L.P. (AB) and AllianceBernstein L.P. announced Wednesday it has appointed Kate Burke as Chief Financial Officer, effective immediately. She assumes this role while maintaining her role as Chief Operating Officer.
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Air Products, VPI Ink Joint Development Deal For "Humber Hydrogen Hub"
Industrial gases company Air Products (APD) announced Wednesday the signing of a joint development agreement to drive forward the "Humber Hydrogen Hub" or "H3", which seeks to develop a flagship 800MW low-carbon hydrogen production facility in Immingham, UK.
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CMA Probes Amazon Over Suspected Anti-competitive Practices
The Competition and Markets Authority (CMA) said Wednesday it is investigating Amazon.com (AMZN) over concerns that practices affecting sellers on its UK Marketplace may be anti-competitive and could result in a worse deal for customers.
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Malaysia Central Bank Hikes Rate Again By 25 Bps
Malaysia's central bank raised its key interest rate by a quarter-point for the second straight meeting on Wednesday and signaled a gradual tightening going forward.
The Monetary Policy Committee of Bank Negara Malaysia decided to increase the benchmark Overnight Policy Rate by 25 basis points to 2.25 percent.
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