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U.S. Manufacturing Index Dips More Than Expected But Still Indicates Growth
Activity in the U.S. manufacturing sector slowed by more than expected in the month of September but still saw continued growth, according to a report released by the Institute for Supply Management on Monday.
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954天前
Gilead Company Kite Says FDA Oks RVV Manufacturing Facility In California For Commercial Production
Biopharmaceutical company Kite, a Gilead Sciences, Inc. (GILD) company, announced Monday that the U.S. Food and Drug Administration (FDA) has approved the company's retroviral vector (RVV) manufacturing facility in Oceanside, California, for commercial production.
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954天前
Hyundai Motor America September Total Sales Up 11%
Hyundai Motor America reported Monday that it sold a total of 59,465 units in the month of September, up 11 percent from last year's 53,800 units, driven by new September sales records for Elantra HEV, IONIQ 5, Santa Cruz, Santa Fe HEV, Tucson, Tucson PHEV and Veloster N. Hyundai achieved an all-time September retail sales record.
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954天前
Viasat To Sell Link 16 Tactical Data Links Business To L3Harris For $1.96 Bln
Viasat Inc. (VSAT), a global leader in satellite communications, announced Monday it has entered into a definitive agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies, Inc. (LHX) for $1.96 billion, subject to customary transaction adjustments in accordance with the agreement.
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954天前
Pound Climbs As U.K. Abandons Plan To Cut Top Tax Rate
The pound gained ground against its major counterparts in the European session on Monday, as the U.K. government has decided to drop a plan to ditch the top rate of income tax following severe criticism and turmoil on financial markets.
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954天前
Bay Street Likely To Open On Firm Note
Canadian shares are likely to open on a positive note on Monday, tracking sharply higher crude oil prices.
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954天前
UK Manufacturing Sector Shrinks In September
The UK manufacturing sector shrank again in September as companies cutback production amid falling orders, final survey data from S&P Global showed on Monday. The S&P Global/Chartered Institute of Procurement & Supply manufacturing Purchasing Managers' Index posted 48.4 in September, up from 47.3 in August.
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954天前
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RedHill Says Its Oral Antivirals, Opaganib And RHB-107, Inhibit Dominant Omicron Sub-Variant BA.5
Specialty biopharmaceutical company RedHill Biopharma Ltd. (RDHL) announced Monday the study results showing in vitro efficacy against the currently dominant Omicron COVID-19 sub-variant BA.5, by both of RedHill's novel, oral, host-directed and broad-acting investigational antivirals, once-daily RHB-107 (upamostat) and twice-daily opaganib.
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954天前
Vertiv CEO Rob Johnson To Retire For Health Reasons
Vertiv (VRT), a provider of critical digital infrastructure and continuity solutions, announced Monday that Chief Executive Officer Rob Johnson will retire from his position as CEO for health reasons effective December 31, 2022.
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954天前
Rockwell Automation To Acquire CUBIC For Undisclosed Terms
Industrial automation firm Rockwell Automation, Inc. (ROK) announced Monday that it has signed a definitive agreement to acquire CUBIC, a company that specializes in modular systems for the construction of electrical panels.
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954天前
Eurozone Manufacturing Sector Contracts Most Since Mid-2020
The euro area manufacturing sector contracted at the fastest pace since mid-2020 due to further slides in output and new orders, final data from S&P Global showed on Monday. The final manufacturing Purchasing Managers' Index fell to 48.4 in September from 49.6 in the previous month. The score was slightly below the flash estimate of 48.5. The index slumped to its lowest level since June 2020.
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954天前
Axsome Says Sunosi Met Primary Endpoint In SHARP Study
Biopharmaceutical company Axsome Therapeutics, Inc. (AXSM) announced Monday that Sunosi met the primary endpoint in the SHARP study and significantly improved cognitive function, measured using the Digit Symbol Substitution Test subtest of the Repeatable Battery for the Assessment of Neuropsychological Status (DSST RBANS), as compared to placebo in cognitively impaired patients with excessive daytime sleepiness (EDS) associated with obstructive sleep apnea (OSA).
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954天前
Sensex, Nifty Retreat On Weak Global Cues, Oil Price Rally
Indian shares fell sharply on Monday, tracking weak global cues as investors fretted about the impact of high inflation and aggressive policy tightening on global growth.
A weakening rupee, rallying oil prices and disappointing manufacturing data closer home also dented sentiment.
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954天前
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