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European Stocks Stage Dramatic Recovery, Close Notably Higher
European stocks plunged sharply Thursday afternoon after data showing a bigger than expected increase in U.S. consumer price inflation raised concerns about more aggressive rate hikes by the Fed, but rebounded swiftly and ended the session with strong gains.
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1036天前
Dollar Advances As Hot U.S. Inflation Data Boosts Rate Hike Bets
The U.S. dollar gained ground against its most major counterparts in the European session on Thursday, as the nation's consumer prices increased more than expected in September, intensifying expectations for another 75-basis point rate hike by the Federal Reserve in November.
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1037天前
Canadian Shares Rising Sharply In Late Morning Trade
The Canadian market is up firmly in positive territory Thursday morning, led by gains in energy stocks.
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1037天前
Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO
Patterson Companies, Inc. (PDCO) announced that its Board of Directors has appointed Don Zurbay, most recently Chief Financial Officer, as President and Chief Executive Officer. Zurbay has also been elected to the Board.
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1037天前
U.S. Consumer Prices Rise More Than Expected, Core Price Growth Reaches 40-Year High
Consumer prices in the U.S. increased by more than expected in the month of September, according to a highly anticipated report released by the Labor Department on Thursday. The Labor Department said its consumer price index rose by 0.4 percent in September after inching up by 0.1 percent in August.
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1037天前
U.S. Jobless Claims Inch Up Slightly More Than Expected To 228,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 8th. The Labor Department said initial jobless claims rose to 228,000, an increase of 9,000 from the previous week's unrevised level of 219,000. Economists had expected jobless claims to inch up to 225,000.
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1037天前
Keurig Dr Pepper Conducts Strategic Realignment Of Supply Chain Structure
Beverage company Keurig Dr Pepper, Inc. (KDP) announced Thursday a strategic realignment of its supply chain structure, designed to strengthen focus, speed and accountability at the Business Unit level, while accelerating productivity across the enterprise.
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1037天前
more news
U.S. Weekly Jobless Claims Inch Up To 228,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 8th.
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1037天前
U.S. Consumer Prices Rise More Than Expected In September
Consumer prices in the U.S. increased by more than expected in the month of September, according to a highly anticipated report released by the Labor Department on Thursday.
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1037天前
Dollar Climbs Following U.S. CPI
At 8:30 am ET Thursday, U.S. weekly jobless claims for the week ended October 8 and consumer inflation data for September have been released. After these data, the greenback advanced against its major rivals.
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1037天前
Dollar Falls Ahead Of U.S. CPI
At 8:30 am ET Thursday, U.S. weekly jobless claims for the week ended October 8 and consumer inflation data for September are due. Ahead of these data, the greenback dropped against its major rivals.
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1037天前
INOVIO Reports Positive Interim Phase 1/2 Trial Results For INO-3107 For Respiratory Papillomatosis
Biotechnology company Inovio Pharmaceuticals Inc. (INO) announced Thursday positive interim results from an ongoing Phase 1/2 clinical trial evaluating INO-3107 for the treatment of HPV 6 and HPV 11-associated Recurrent Respiratory Papillomatosis (RRP) in adults.
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1037天前
Mindtree Q2 Net Profit Up 17%
Technology consulting and services firm Mindtree Ltd. on Thursday reported that net profit for the second quarter grew 16.9 percent to $63.1 million from last year.
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1037天前
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