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Forex News
Canadian Market Remains Weak Despite Paring Some Early Losses
The Canadian market is languishing in negative territory around noon on Monday after a weak start.
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884 days ago
Blockbuster Jobs Report Reverses The U.S. Dollar's Slide
Currency exchange rates whipsawed in the week spanning January 30 - February 3 amidst the Fed's monetary policy pronouncements on Wednesday acknowledging the abatement in inflation, and the stunning jobs report on Friday reiterating the strength of the labor market.
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884 days ago
Align Technology Inks $250 Mln Accelerated Stock Repurchase Agreement With Citibank
Medical device company Align Technology, Inc. (ALGN) announced Monday that it has entered into a new accelerated stock repurchase agreement or ASR, with Citibank, N.A., to repurchase $250 million of Align's common stock under Align's $1.0 billion stock repurchase program announced on May 13, 2021.
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884 days ago
UK Car Registrations Rise 14.7% In January: SMMT
UK car registrations increased for the sixth straight month in January on the back of strong demand for hybrid electric vehicles, data from the Society of Motor Manufacturers and Traders, or SMMT, showed on Monday. Car registrations grew by 14.7 percent on a yearly basis in January, following an 18.3 percent rise in December. Data showed that 131,994 new cars were registered at the start of th
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884 days ago
Cedar Fair To Hire About 35,000 Seasonal Associates At Its Parks In 2023
Amusement-resort operators Cedar Fair Entertainment Co. (FUN) announced Monday plans to hire approximately 35,000 seasonal associates to help staff its parks in 2023. These positions include ride operators, food and beverage, lifeguards and aquatics, security and many more roles.
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884 days ago
ON Semiconductor Guides Q1 Well Below Estimates; Approves $3 Bln Share Buyback - Update
While reporting financial results for the fourth quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the first quarter of fiscal 2023.
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884 days ago
UK Construction Activity Registers Another Downturn
The UK construction sector posted another contraction in January as rising interest rates and high inflation led to the steepest fall in house building since early 2020, survey results from S&P Global showed Monday. The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index fell to 48.4 in January from 48.8 in December. This was the biggest decline since May 2020.
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884 days ago
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LAVA Therapeutics Appoints Dr. Charles Morris As Chief Medical Officer
Immuno-oncology company LAVA Therapeutics N.V. (LVTX) announced Monday that Dr. Charles Morris has joined LAVA as chief medical officer effective February 6, 2023. Dr. Morris will replace Benjamin Winograd.
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884 days ago
Timken Guides FY23 In Line With View; Q4 Adj. EPS Tops Estimates
While reporting financial results for the fourth quarter on Monday, Timken Co. (TKR) initiated its earnings, adjusted earnings and revenue growth guidance for the full-year 2023.
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884 days ago
Rise In Eurozone Sentix Investor Confidence Eases Recession Fears
Eurozone investor confidence strengthened to hit an 11-month high in February, replacing recession expectations with signs of stagnation, a closely watched survey showed Monday. The investor sentiment index improved to -8.0 in February from -17.5 in January, the behavioral research institute Sentix said. This was the highest reading since March 2022.
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884 days ago
Graham Boosts FY23 Revenue Outlook - Update
While reporting financial results for the third quarter on Monday, Graham Corp. (GHM) raised its revenue guidance for the full-year 2023.
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884 days ago
Children's Place Slashes Q4 Outlook
While announcing preliminary unaudited results for the fourth quarter on Monday, specialty apparel retailer The Children's Place, Inc. (PLCE) now expects loss for the fourth quarter in a range of $4.24 to $4.63 per share and adjusted loss in a range of $4.02 to $4.41 per share, down from the prior guidance range of adjusted earnings in the range of $0.50 to $0.75 per share.
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884 days ago
Swiss Franc Advances Amid Risk Aversion
The Swiss franc climbed against its major counterparts in the European session on Monday amid risk aversion, as strong U.S. jobs data raised worries that the Federal Reserve could keep hiking rates for longer to control inflation.
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884 days ago
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