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Ally Financial Appoints Russell Hutchinson As CFO
Financial services company Ally Financial Inc. (ALLY) announced Friday that Russell Hutchinson will join the company as its chief financial officer, effective July 3, 2023. He will report to Ally CEO Jeffrey Brown and be based in Charlotte, N.C.
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837 days ago
UK Private Sector Logs Strong Growth In March
The UK private sector registered another increase in activity in March, reflecting robust performance by the service economy, flash survey results from S&P Global showed on Friday. The flash Chartered Institute of Procurement & Supply composite output index posted 52.2 in March, down from February's eight-month high of 53.1 and economists' forecast of 52.7. Nonetheless, the reading was above the
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837 days ago
U.S. Durable Goods Orders Unexpectedly Slump 1.0% In February
Reflecting a continued slump in orders for transportation equipment, the Commerce Department released a report on Friday showing an unexpected decrease in new orders for U.S. manufactured durable goods in the month of February.
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837 days ago
Bay Street Likely To Open With Negative Gap
Lower U.S. and Canadian futures and a sell-off in European markets point to a negative start for the Canadian market on Friday.
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837 days ago
Eurozone Services Activity Lifts Private Sector Growth To 10-Month High
Eurozone private sector logged the strongest growth in ten months in March underpinned by the robust expansion in services activity though the manufacturing sector remained stuck in the contraction zone. The flash composite output index rose more-than-expected to 54.1 in March from 52.0 in February, survey results from S&P Global showed Friday. The expected score was 51.9.
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837 days ago
Dawson Geophysical Enters Asset Purchase Deal With Wilks Brothers, Breckenridge Geophysical
Dawson Geophysical Co. (DWSN) announced Friday that it has entered into an asset purchase agreement with Wilks Brothers, LLC and Breckenridge Geophysical, LLC, pursuant to which the Company purchased substantially all of the Breckenridge assets related to seismic data acquisition services other than its multi-client data library.
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837 days ago
Incyte Says FDA Issued CRL For Ruxolitinib Extended-release Tablets
Incyte Corp. (INCY) announced Friday that the U.S. Food and Drug Administration (FDA) has issued a complete response letter for ruxolitinib extended-release (XR) tablets, a JAK1/JAK2 inhibitor, for once-daily (QD) use in the treatment of certain types of myelofibrosis (MF), polycythemia vera (PV) and graft-versus-host disease (GVHD).
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837 days ago
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UK Retail Sales Rise Most In 4 Months, Consumer Sentiment At 1-Year High
UK retail sales grew at the fastest pace in four months in February on robust non-food stores sales even as high inflation eats into households' purchasing power, data from the Office for National Statistics showed Friday. British consumers' confidence strengthened to a one-year high in March driven by the rising willingness to buy and improved assessment about the overall economy.
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837 days ago
Sensex, Nifty Extend Declines For Second Day
Indian shares fell for a second straight session on Friday, with weak global cues and a move by the government to tax gains from debt mutual funds via an amendment to the Finance Bill weighing on sentiment.
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837 days ago
European Shares Decline On Slowdown Fears
European stocks fell for a second straight session on Friday, with banks coming under selling pressure once again on a Bloomberg report that Credit Suisse Group and UBS Group AG are among the banks under scrutiny in a U.S. Justice Department probe for potentially helping Russian oligarchs evade sanctions.
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837 days ago
Pound Little Changed After U.K. Manufacturing PMI
At 5:30 am ET Friday, UK S&P Global/CIPS composite PMI has been released. The pound changed little against its major rivals after the data.
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837 days ago
Pound Slides Vs Most Majors Ahead Of U.K. Manufacturing PMI
At 5:30 am ET Friday, UK S&P Global/CIPS composite PMI is due. The indicator is seen falling to 52.7 in March from 53.1 in February.
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837 days ago
FTSE 100 Falls Led By Banks And Miners
U.K. stocks fell sharply on Friday, as worries over turmoil in the banking sector and recession risks overshadowed upbeat retail sales and consumer confidence readings.
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837 days ago
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