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Frozen Shakes Sold To Care Facilities Recalled After Listeria Outbreak, Death
Frozen supplemental shakes under Lyons ReadyCare and Sysco Imperial brands sold to hospitals and long-term care facilities have been recalled following a multistate outbreak of Listeria monocytogenes, including deaths. Sysco Corp., Lyons Magnus LLC, and their third-party manufacturer Prairie Farms Dairy, Inc. have called back 4 oz. Lyons ReadyCare and Sysco Imperial Frozen Supplemental Shakes.
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European Economic News Preview: German Ifo Business Confidence Data Due
Business sentiment from Germany and final inflation from the euro area are the top economic news due on Monday. At 2.00 am ET, capacity utilization figures are due from Turkey. At 4.00 am ET, the ifo Institute is scheduled to issue Germany's business confidence survey results.
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European Shares Seen Higher At Open
European stocks are likely to open on a firm note Monday as U.S. stock futures bounced back after a week that saw the major indexes slump on growth and inflation concerns.
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Sensex, Nifty Decline In Early Trade; IT Stocks Hit Hard On Tariff Concerns
Indian shares were moving lower on Monday as U.S. President Donald Trump reiterated reciprocal tariffs plans for India.
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Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders react to a report showing consumer sentiment in the U.S. deteriorated by much more than expected in February amid a surge by year-ahead inflation expectations. Asian markets closed mixed on Friday.
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Australian Market Turns Green In Mid-market Trades
The Australian stock market is moving in to the green in mid-market trading on Monday after opening deep in the red, snapping a five-session losing streak, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving a tad above the 8,300.00 level, with strong gains in financial stocks nearly offset by weakness in gold miners and technology stocks.
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Sensex, Nifty Set To Drift Lower On US Economic Slowdown Worries
Indian shares look set to open on a sluggish note Monday after U.S. markets crashed on Friday amid economic slowdown worries.
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Lower Open Anticipated For Thai Stock Market
The Thai stock market inched higher again on Friday, one day after ending the two-day winning streak in which it had risen just over 5 points or 0.4 percent. The Stock Exchange of Thailand now sits just above the 1,245-point plateau although it's likely to open in the red on Monday.
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Indonesia Stock Market May Hand Back Friday's Gains
The Indonesia stock market on Friday snapped the two-day losing streak in which it had given up more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 6,800-point plateau, although it's likely to head south again on Monday.
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Australian Market Notably Lower
The Australian stock market is trading notably lower on Monday, extending the losses in the previous five sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,300.00 level, with weakness across most of the sectors led by energy and technology stocks.
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Hong Kong Stock Market May Open Under Pressure On Monday
The Hong Kong stock market on Friday emphatically halted the two-day slide in which it had dropped almost 470 points or 2.1 percent. The Hang Seng Index now sits just above the 23,475-point plateau although it's likely to see a downward correction on Monday.
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Soft Start Expected For China Stock Market
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had advanced more than 20 points or 0.6 percent. The Shanghai Composite Index now rests just beneath the 3,380-point plateau although it's expected to turn lower again on Monday.
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Renewed Consolidation Likely For Taiwan Shares
The Taiwan stock market on Friday snapped the two-day losing streak in which it had dropped almost 180 points or 0.8 percent. The Taiwan Stock Exchange now rests just above the 23,730-point plateau although it figures to hand back those gains on Monday.
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