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ANI Pharma Guides FY23 Adj. EPS Below Estimates, But Revenues Above - Update
While reporting financial results for the fourth quarter on Thursday, biopharmaceutical company ANI Pharmaceuticals, Inc. (ANIP) initiates adjusted earnings and net revenue guidance for the full-year 2023.
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848 days ago
Evofem Biosciences Names Albert Altro As Interim CFO
Evofem Biosciences, Inc. (EVFM) announced Thursday the appointment of Albert Altro as Interim Chief Financial Officer of the Company. He replaces Jay File, who is leaving the Company to explore other opportunities.
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848 days ago
JD.com Swings To Profit In Q4; Revenue Up 7.1%
e-commerce company JD.com, Inc. (JD) reported Thursday a net income attributable to ordinary shareholders for the fourth quarter of RMB3.03 billion or $441 million, compared to a net loss of RMB5.17 billion in the year-ago quarter. Net income per ADS was RMB1.91 or $0.28, compared to a net loss per ADS of RMB3.33 last year.
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848 days ago
Krispy Kreme Unveils All-new St. Patrick's Day Collection Beginning March 9 For Limited Time
Krispy Kreme, Inc. (DNUT) announced Thursday it is making St. Patrick's Day celebrations "Good as Gold" by introducing four all-new gold-themed doughnuts along with the return of the fan favorite green O'riginal Glazed Doughnut.
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848 days ago
U.S. Dollar Losing Ground Against Majors
The U.S. dollar declined against its major counterparts in the early European session on Thursday, as investors digested Fed Chair Jerome Powell's comments that policymakers had not made a decision on the scale and path of rate hikes in the future.
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848 days ago
Deutsche Post DHL Q4 Profit Down; Sees Weak EBIT In FY23
Package delivery and logistics major Deutsche Post DHL Group reported Thursday weak earnings in its fourth quarter, despite higher revenues benefited mainly by international operations. For fiscal 2022, the company recorded improved results, but sees weak earnings for fiscal 2023. Over the medium term, it projects earnings growth. Further, the company raised its dividend and expanded share buyback
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848 days ago
Sensex Ends 542 Points Lower; Nifty Dips Below 17,600
Indian shares ended Thursday's session notably lower owing to weak global cues and selling in Adani Group stocks.
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848 days ago
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Malaysia Central Bank Holds Rate Steady For Second Session
Malaysia's central bank left its key interest rate unchanged for the a second policy meeting in a row in order to assess the impact of the past interest rate hikes on the economy. The Monetary Policy Committee of Bank Negara Malaysia decided to keep the Overnight Policy Rate unchanged at 2.75 percent.
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848 days ago
European Shares Decline On Rate Hike Fears
European stocks traded lower on Thursday after Federal Reserve Chair Jerome Powell reiterated his warning to lawmakers that the central bank may raise interest rates higher than previously anticipated.
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848 days ago
FTSE 100 Slides As Miners Drag On Rate Worries
U.K. stocks fell on Thursday as lower copper prices on worries about more U.S. interest-rate hikes weighed on the mining sector.
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848 days ago
CAC 40 Slips On Rate Worries
French stocks were subdued on Thursday after Fed Chair Jerome Powell once again signaled bigger interest-rate hikes, saying the U.S. central bank was wrong in initially thinking inflation was only the result of "transitory" factors.
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848 days ago
DAX Slips On Growth Worries
German stocks opened lower on Thursday amid concerns that higher interest rates may weigh on global growth.
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848 days ago
Asian Shares Mixed On Rate Fears, China Inflation Data
Asian stocks ended mixed on Thursday as concerns persisted about headwinds from rising global rates and China reported downbeat inflation data.
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848 days ago
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