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Nordson Names Corporate Controller Stephen Shamrock As Interim CFO To Succeed CFO Joseph Kelley

Nordson Corp. (NDSN) announced Monday that Executive Vice President and Chief Financial Officer Joseph Kelley has been appointed Executive Vice President and Industrial Precision Solutions segment leader, effective November 1, 2023. Kelley will succeed Jeffrey Pembroke, who will be retiring from the Company after 18 years of leadership.

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Canadian Dollar Weakens Amid Risk Aversion

The Canadian dollar fell against its most major counterparts in the European session on Monday, as European shares fell amid higher U.S. bond yields and caution ahead of major tech earnings.

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EngageSmart To Be Taken Private By Vista Equity Partners In $4 Bln All-cash Deal

Software company EngageSmart, Inc. (ESMT) announced Monday it has entered into a definitive agreement to be acquired by an affiliate of investment firm Vista Equity Partners in an all-cash transaction valued at approximately $4.0 billion.

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FTSE 100 Extends Losses

FTSE 100 of the London Stock Exchange slipped more than half a percent while markets weighed the hardening in bond yields and the political tensions in the Middle East.

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FMC Slashes Q3 Outlook; Stock Plunges 13%

Agricultural sciences company FMC Corp. (FMC) on Monday slashed its earnings and revenue expectations for the third quarter and revenue forecast for the full-year 2023, mainly driven by substantially lower sales volumes in Latin America, particularly destocking in Brazil and to a lesser degree drought in Argentina.

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Bay Street Likely To Open On Weak Note

The Bank of Canada's interest rate decision, the European Central Bank's policy announcement and crucial U.S. GDP and personal consumption expenditure data are among the major economic events eyed this week.

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Harpoon Therapeutics Announces Private Placement Of Up To $150 Mln

Immunotherapy company Harpoon Therapeutics, Inc. (HARP) announced Monday that it has entered into a securities purchase agreement for a private placement in public equity (PIPE) financing that is expected to result in upfront gross proceeds of approximately $100 million, with up to an additional approximately $50 million of gross proceeds upon cash exercise of warrants, before deducting placement agent fees and offering expenses.

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CAC-40 Declines As Yield Spike And Geopolitics Weigh

The CAC-40 benchmark slipped in Monday's trade as markets weighed the geopolitical concerns, anxiety about the ECB decision, the rise in bond yields as well as corporate earnings updates.

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European Markets Extending Recent Losses

European stocks are down in negative territory a little past noon on Monday as lingering concerns about the outlook for economic growth, interest rates, and geopolitical situation continue to hurt investor sentiment, prompting them to lighten commitments.

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Sensex, Nifty Settle Lower For 4th Straight Day

Indian shares tumbled on Monday, falling for a fourth successive session, as rising bond yields, geopolitical tensions, inflation concerns and the outlook for interest rates continued to hurt investor sentiment and triggered heavy selling at several counters.

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