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Neptune Wellness Q4 Loss Narrows
(RTTNews) - Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Friday that net loss for the fourth quarter narrowed to $36.2 million from $43.5 million in the prior-year quarter.
Revenue for the quarter soared 147 percent to $11.5 million from $4.7 million in the same quarter last year.
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Neptune Wellness Appoints Raymond Silcock As New CFO
Health and wellness company Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Tuesday the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022.
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1121 days ago
Korea Rate Decision On Tap For Thursday
The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a lit day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate steady at 2.50 percent.
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48 minutes ago
Saying Goodbye To The Penny To Cost U.S. Consumers $6 Mln In 'Rounding Tax'
Phasing out the penny is set to involve some cost to U.S. consumers paying in cash as businesses are set to round transactions to the nearest nickel, new research from the Federal Reserve Bank of Richmond revealed on Wednesday.
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1h 48min ago
U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA
Home loan applications in the U.S. rose to their highest level since early 2023 in the week ended July 04, while mortgage rates eased only modestly, survey data from the Mortgage Bankers Association showed on Wednesday. The number of mortgage applications grew 9.4 percent from the previous week when it they rose 2.7 percent, the MBA said.
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2h 54min ago
Swiss Franc Rises Against Most Majors
The Swiss franc rallied against its most major counterparts in the New York session on Wednesday.
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3h 18min ago
Fed Minutes Reveal Mixed Views About Outlook For Interest Rates
The Federal Reserve on Wednesday released the minutes of its June monetary policy meeting, which revealed most participants generally agree the central bank is well positioned to wait for more clarity on the outlook for inflation and the economy before adjusting interest rates.
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4h 27min ago
U.S. Wholesale Inventories Dip In Line With Estimates In May
A report released by the Commerce Department on Wednesday showed a modest decrease by wholesale inventories in the U.S. in the month of May. The Commerce Department said wholesale inventories fell by 0.3 percent in May after inching up by 0.1 percent in April. The pullback by inventories matched economist expectations as well as the flash estimate.
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8h 33min ago
Bay Street May Open On Positive Note
Slightly higher Canadian and U.S. futures point to a marginally positive start for Canadian shares on Wednesday.
The focus will be on trade deal negotiations.
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9h 55min ago
