Forex News
Peloton Interactive To Exit All Owned-manufacturing Operations; Expanding Rexon Partnership
Interactive fitness platform Peloton Interactive, Inc. (PTON) announced Tuesday it is exiting all owned-manufacturing operations and expanding its current relationship with leading Taiwanese manufacturer Rexon Industrial Corp.
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707 days ago
InMode Sees Q2 Adj. EPS Well Above Estimates; Boosts FY22 Revenue Outlook
While announcing preliminary results for the second quarter on Tuesday, medical technologies firm InMode Ltd. (INMD) now expects adjusted earnings for the second quarter in the range of $0.57 to $0.58 per share on revenues between $113.0 million and $113.3 million.
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707 days ago
Bay Street Likely To See Another Weak Start
Canadian shares are likely to open on a weak note on Tuesday, tracking lower crude oil prices and weakness in European markets amid rising worries about growth and a surge in coronavirus cases in China.
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707 days ago
Madison Dearborn Partners To Acquire Majority Stake In Unison From Carlyle
Unison, a leading provider of procurement, supply chain, and contract management software to U.S. federal government agencies and government contractors, announced Tuesday that it will receive a strategic majority investment from funds affiliated with private equity investment firm Madison Dearborn Partners, LLC.
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707 days ago
Aldeyra Therapeutics Achieves Goals In Crossover Clinical Trial Of 0.25% Reproxalap Solution
Aldeyra Therapeutics, Inc. (ALDX) announced Tuesday the achievement of the primary endpoints in a sequence-randomized, double-masked, vehicle-controlled crossover clinical trial of 0.25% reproxalap ophthalmic solution, an investigational new drug candidate, for the treatment of dry eye disease.
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707 days ago
Germany ZEW Economic Confidence Weakest Since 2011
Germany's economic confidence hit its lowest since late 2011 in July, dampened by concerns about energy supply, the looming interest rate hike and the pandemic-related restrictions in China, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment slumped 25.8 points to -53.8 in July.
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707 days ago
Dollar General CEO Todd Vasos To Retire; COO Jeffery Owen Named Successor
Dollar General Corp. (DG) announced Tuesday that Chief Executive Officer Todd Vasos has decided to retire from his position, effective November 1, 2022. The Company's Board of Directors also approved the promotion of Jeffery Owen, its Chief Operating Officer since 2019, to succeed Vasos as CEO effective immediately following Vasos's retirement from the CEO role.
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707 days ago
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Sensex, Nifty End Sharply Lower On Risk Aversion
Indian shares fell sharply on Tuesday amid heightened risk aversion, as rising COVID case counts in several regions fueled talk of another round of painful lockdowns in China, especially in Shanghai or Beijing.
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707 days ago
European Shares Extend Declines On Economic Worries
European stocks fell on Tuesday as rising COVID case counts in several regions fueled talks of another round of painful lockdowns in China, especially in Shanghai or Beijing.
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707 days ago
FTSE 100 Drifts Lower On Economic Worries
U.K. stocks fell on Tuesday and the British pound hit another two-year low on economic worries after data showed retail sales decreased for the third consecutive month in June.
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707 days ago
CAC 40 Edges Lower Amid Worsening Energy Crisis
French stocks edged lower on Tuesday as investors fretted about a worsening energy crisis and strict COVID-19 curbs in Shanghai.
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707 days ago
DAX Edges Lower Ahead Of Economic Sentiment Data
German stocks declined on Tuesday and the euro sank to within a whisker of parity with the dollar amid worries about the impact of aggressive monetary policy tightening on economic growth.
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707 days ago
Asian Shares Retreat As Recession Worries Mount
Asian stocks fell broadly on Tuesday as an energy crisis loomed over the euro zone economy and a fresh COVID-19 outbreak in China added to worries about a global economic slowdown.
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707 days ago