Forex News
Ginkgo Bioworks To Acquire Zymergen In All-stock Deal
Cell programming firm Ginkgo Bioworks Holdings, Inc. (DNA) and biotechnology company Zymergen, Inc. (ZY) announced Monday they have entered into a definitive agreement under which Ginkgo will acquire Zymergen in an all-stock transaction that values Zymergen at an approximately $300 million market capitalization.
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681 days ago
RPM International Q4 Adj. EPS Misses Estimates; Guides Q1 Sales
RPM International, Inc. (RPM) reported Monday that net income attributable to RPM for the fourth-quarter grew to $199.0 million or $1.54 per share from $156.1 million or $1.20 per share in the prior-year quarter. Excluding special items, adjusted earnings for the quarter was $1.42 per share.
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681 days ago
German Ifo Business Confidence At 25-Month Low
Germany's business confidence deteriorated to the lowest since mid-2020, adding to the fear of recession, survey results from the ifo Institute showed Monday. The business confidence index fell to 88.6 in July from a revised 92.2 in June. The score has reached its lowest value since June 2020 and was below economists' forecast of 90.2.
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681 days ago
Sensex Falls Over 300 Points; Nifty Settles At 16,631
Indian shares ended lower on Monday after Reliance Industries posted a lower-than-expected profit for the June quarter and Infosys delivered a mixed set of numbers.
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681 days ago
European Shares Recover After Early Dip
European stocks were moving in a narrow range on Monday, as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.
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681 days ago
FTSE 100 Recovers After Early Slide
U.K. stocks were slightly higher on Monday, after having recovered from an early slide on growth worries.
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681 days ago
CAC 40 Little Changed In Cautious Trade
French stocks were little changed on Monday as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.
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681 days ago
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DAX Slips As Business Confidence Falls More Than Expected
German stocks drifted lower on Monday after survey results from Ifo Institute showed that Germany's business confidence deteriorated more than expected in July.
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681 days ago
Asian Shares Slide On Concerns Over Economic Outlook
Asian stocks ended broadly lower on Monday as weak business activity data from Europe and the United States coupled with anxiety about China's property market added to worries about a recession.
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681 days ago
Australian Dollar Slides In Cautious Trade
The Australian dollar weakened against its most major counterparts in the Asian session on Monday, as investors became cautious ahead of the U.S. Federal Reserve's interest rate decision and the release of a key data from Australia.
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681 days ago
European Shares Poised For Weak Start As Growth Worries Weigh
European stocks are seen opening on a tepid note Monday as economic concerns mount.
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681 days ago
Sensex Declines 335 Points; Nifty Dips Below 16,650
Indian shares opened lower on Monday, mirroring weak global cues as investors braced for a busy week of U.S. tech earnings and the Fed meeting.
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681 days ago
European Economics Preview: Germany Ifo Business Confidence Data Due
Business sentiment survey data from Germany is the only major report due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes producer prices and export price data for June. At 3.00 am ET, gross wages from Hungary and manufacturing confidence from Turkey are due.
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681 days ago