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Forex News
U.S. Producer Prices Climb 0.5% In September, Slightly More Than Expected
With energy prices continuing to surge, a report released by the Labor Department on Wednesday showed U.S. producer prices increased by slightly more than expected in the month of September. The report also said the annual rate of producer price growth accelerated to 2.2 percent in September from a revised 2.0 percent in August.
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633 days ago
U.S. Dollar Advances Against Yen, Euro After PPI Data
The U.S. dollar strengthened against the Japanese yen and the euro in the European session on Wednesday, after a data showed that nation's producer prices increased slightly more than expected in September.
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633 days ago
UpHealth Promotes CFO Martin Beck To Replace Samuel Meckey As CEO
Digital health company UpHealth, Inc. (UPH) announced Wednesday the appointment by the Board of Directors of Martin Beck to serve as the Company's next Chief Executive Officer, replacing Samuel Meckey, effective October 6, 2023. Beck has also being named as a member of the Board of Directors, effective October 9, 2023.
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633 days ago
ExxonMobil To Buy Pioneer In $60 Bln All-stock Deal
Energy major Exxon Mobil Corp. announced Wednesday its agreement to acquire Pioneer Natural Resources Co. in an all-stock transaction valued at $253 per share or $59.5 billion in total. The implied total enterprise value of the deal, including net debt, is around $64.5 billion. In pre-market activity on the NYSE, ExxonMobil shares were losing around 3 percent to trade at $107.14, while Pioneer...
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633 days ago
Sysco To Acquire Edward Don & Co. For Undisclosed Terms
Sysco Corp. (SYY) announced Wednesday it has agreed to acquire Edward Don & Co., a leading distributor of foodservice equipment, supplies, and disposables based in Chicago, IL.
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633 days ago
Dollar Climbs After U.S. Producer Prices
U.S. producer prices for September have been released at 8:30 am ET Wednesday. After the data, the greenback rose against its major rivals.
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633 days ago
U.S. Producer Prices Climb Slightly More Than Expected In September
Producer prices in the U.S. increased by slightly more than expected in the month of September, the Labor Department revealed in a report released on Wednesday. The Labor Department said its producer price index for final demand climbed by 0.5 percent in September after advancing by 0.7 percent in August. Economists had expected prices to rise by 0.4 percent.
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633 days ago
more news
Bay Street May Open On Positive Note
Canadian shares look set to open on a positive note Wednesday morning, extending recent gains. However, the mood is likely to remain cautious with investors awaiting the Fed minutes later in the day, and U.S. inflation data, due on Thursday.
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633 days ago
Sherwin-Williams Promotes COO Heidi Petz To Succeed John Morikis As CEO
The Sherwin-Williams Co. (SHW) announced Wednesday that its Board of Directors has elected Heidi Petz to serve as the Company's next Chief Executive Officer (CEO), effective January 1, 2024.
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633 days ago
Sensex Gains 394 Points On Firm Global Cues; Nifty Tops 19,800
Indian shares ended notably higher on Wednesday, with positive global cues and declining oil prices helping underpin investor sentiment.
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633 days ago
European Shares Mostly Higher In Cautious Trade; CAC 40 Underperforms
European stocks were flat to slightly higher on Wednesday, with French stocks underperforming.
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633 days ago
FTSE 100 Inches Higher On Rate Optimism
U.K. stocks eked out modest gains on Wednesday after comments from several Fed officials suggested that the U.S. central bank might not hike rates again this year.
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633 days ago
GM Reaches Tentative Deal With Canadian Union; Strike On Hold
General Motors Co. has reached a tentative agreement with Canadian union Unifor, ending a strike in its Canadian plants seeking better contract terms. The move comes as the auto major's various US plants are continuing to be hit by United Auto Workers or UAW union's ongoing strike over demands for better pay and benefits.
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633 days ago
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