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Forex News
Dollar Loses Ground As Aggressive Rate Hike Concerns Recede
The U.S. dollar drifted lower against most of its major rivals on Monday amid expectations the Federal Reserve will be less aggressive at its upcoming meeting later this month.
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1047 days ago
Swiss Market Pares Gains, Ends Just Modestly Higher
After opening marginally up and moving further higher Monday morning, the Switzerland stock market stayed firm around mid afternoon but gradually pared gains as the session progressed.
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1047 days ago
European Stocks Close Higher For 2nd Straight Day
European stocks closed on a firm note on Monday, extending gains for a second straight session, amid rising expectations the Federal Reserve will be less aggressive at its upcoming meeting.
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1047 days ago
Canadian Market Up Firmly As Stocks Rally On Global Cues
The Canadian market is up firmly in positive territory a little before noon on Monday, with stocks from across several sectors posting impressive gains on strong buying support.
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1047 days ago
U.S. Homebuilder Confidence Plunges To Two-Year Low In July
With high inflation and increased interest rates stalling the housing market, the National Association of Home Builders released a report on Monday showing a substantial deterioration in U.S homebuilder confidence in the month of July.
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1047 days ago
Acer Therapeutics Resubmits NDA For ACER-001 For Treatment Of Urea Cycle Disorders
Pharmaceutical company Acer Therapeutics Inc. (ACER) announced Monday the resubmission of Acer's New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for ACER-001 (sodium phenylbutyrate) for oral suspension for the treatment of patients with urea cycle disorders (UCDs).
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1047 days ago
Euro Firms; U.S. Dollar Slips As Fed Rate Hike Concerns Recede
The euro climbed against its major counterparts in the European session on Monday, while the U.S. dollar dropped, as markets trimmed expectations of a larger Fed rate hike and China's central bank affirmed a stronger support to the economy, helping lift investor sentiment.
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1047 days ago
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Bay Street Looks Headed For Positive Start
Canadian shares look headed for a firm start on Monday, tracking positive global cues amid hopes the Federal Reserve will be less aggressive at its upcoming meeting later this month.
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1047 days ago
Macy's To Now Bring Toys"R"Us Brand To Every Macy's Store In The US
Macy's, Inc. (M) announced Monday that it has expanded its partnership with WHP Global to bring the Toys"R"Us brand to every Macy's store in America this holiday season. This comes nearly a year after the expansive assortment of Toys"R"Us products were made online exclusively at macys.com/toysrus and ToysRUs.com, powered by Macy's digital and fulfillment ecosystem.
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1047 days ago
Goldman Sachs Q2 Profit Dips 48%, Misses Estimates
Investment banking major Goldman Sachs Group reported Monday that profit for the second quarter declined 48 percent from last year, reflecting a 23 percent drop in net revenues and higher provisions for bad loans. Earnings for the quarter missed analysts' expectations, but quarterly revenues topped it.
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1047 days ago
Nabriva Inks Exclusive Distribution Agreement With Er-Kim
Biopharmaceutical company Nabriva Therapeutics plc (NBRV) announced Monday that it has entered into an exclusive Distribution Agreement with Er-Kim, a leading partner for biotech companies in international markets, for the oral and intravenous formulations of XENLETA (lefamulin).
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1047 days ago
ANA HOLDINGS Formalizes Order For 20 737-8 Airplanes From Boeing, With 10 Options
Boeing (BA) and ANA HOLDINGS, the parent company of All Nippon Airways (ANA), on Monday formalized an order for 20 737-8 airplanes, with 10 options in addition to the airline's selection of the new 777-8 Freighter.
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1047 days ago
Bank Of America Q2 Profit Declines, Miss Estimates
Bank of America Corp. (BAC) reported Monday that net income applicable to common shareholders for the second quarter declined to $5.93 billion from last year's $8.96 billion, with earnings per share decreasing to $0.73 from $1.03 in the prior year.
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1047 days ago
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