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Eurozone Economic Sentiment Improves In December
Euro area economic confidence strengthened notably in December amid a widespread improvement across sectors, monthly survey results from the European Commission showed Monday. The economic sentiment index rose to 96.4 in December from 94.0 in November. A similar higher score was last posted in May 2023.
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Citi Trends Holiday Period Comparable Store Sales Down 0.3%; Reaffirms FY23 Sales Outlook
Specialty value retailer Citi Trends, Inc. (CTRN) announced Monday that total sales for the quarter-to-date holiday period edged down to $179.5 million from $181.9 million in the same period last year. Comparable store sales for the period were down 0.3%.
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Compugen To Receive $10 Mln Payment After Dosing First Patient In AstraZeneca's ARTEMIDE-Bil01 Trial
Cancer immunotherapy company Compugen Ltd. (CGEN) announced Monday that Compugen is entitled to receive a $10 million milestone payment from British drug major AstraZeneca (AZN), after the first patient was dosed in AstraZeneca's ARTEMIDE-Bil01 trial with rilvegostomig.
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Boston Scientific To Acquire Axonics For $71/shr In All-cash Deal Valued At About $3.7 Bln
Medical technology company Boston Scientific Corp. (BSX) announced Monday it has entered into a definitive agreement to acquire peer Axonics, Inc. (AXNX) for $71 per share in an all-cash deal valued at approximately $3.7 billion.
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US Foods Reaffirms FY23 Outlook
Ahead of the meeting with analysts and investors at the ICR Conference later on Monday, foodservice distributor US Foods Holding Corp. (USFD) reaffirmed its adjusted earnings and adjusted EBITDA guidance for the full-year 2023.
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Lululemon Athletica Boosts Q4 Outlook
Ahead of the meeting with analysts and investors at the ICR Conference later on Monday, athletic apparel company lululemon athletica inc. (LULU) raised its earnings and revenue guidance for the fourth quarter.
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Sensex, Nifty Follow Global Peers Lower
Indian shares fell sharply on Monday as fears of a widening regional conflict in the Middle East coupled with fading expectations of an early rate cut in the U.S. stoked risk aversion and spurred safe-haven demand for the dollar.
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European Shares Decline On Middle East Worries
European stocks fell on Monday, with increased geopolitical tensions and fading expectations of an early rate cut in the U.S. keeping investors worried.
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FTSE 100 Slips As Energy Stocks Drag
U.K. stocks traded lower on Monday, with energy stocks underperforming after top exporter Saudi Arabia cut June prices for Asia.
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CAC 40 Little Changed As Yields Climb On Fading Rate Cut Hopes
French stocks were little changed on Monday amid facing expectations of an early rate cut in the U.S.
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DAX Inches Higher On Mixed Data
German stocks traded higher on Monday after data showed Germany's exports and imports rebounded in November.
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Asian Shares Slip Ahead Of Key Inflation Readings
Asian stocks moved in a narrow range before closing mostly lower on Monday as Middle East worries persisted, the earnings season loomed, and investors looked ahead to the release of inflation data this week from the U.S., China and Japan for directional cues.
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Yen Rises As Asian Shares Traded Lower
The Japanese yen strengthened against other major currencies in the Asian session on Monday, as Asian markets traded lower after Wall Street logged its worst week since Halloween on Friday.
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