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Fed Fears Weaken Sentiment At FTSE-100
FTSE 100 of the London Stock Exchange shed close to half a percent amidst fears that the recent data releases from the U.S. could derail the Fed's stated intentions to moderate the interest rate increases.
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896 дней спустя
AutoZone Q1 Results Top Estimates
Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the first quarter decreased to $539.32 million or $27.45 per share from $555.24 million or $25.69 per share in the year-ago quarter.
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896 дней спустя
Pfizer, Clear Creek Bio Ink Research Collaboration To Develop Oral Treatment For COVID-19
Pfizer Inc. (PFE) and Clear Creek Bio, Inc. announced Monday a research collaboration and exclusive license agreement to advance the discovery and development of potential inhibitors of the SARS-CoV-2 papain-like protease (PLpro) for the oral treatment of COVID-19.
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896 дней спустя
Indian Rupee Weakens To Near 5-week Low Against U.S. Dollar
The Indian rupee was lower versus the U.S. dollar in the evening session on Tuesday, as strong U.S. economic data raised concerns that the Federal may raise interest rates more than expected.
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896 дней спустя
European Stocks Drifting Lower As Rate Concerns Continue To Weigh
European stocks are down in negative territory on Tuesday with investors largely staying cautious amid renewed concerns the Federal Reserve will continue with its aggressive interest rate hikes after recent upbeat jobs data and services sector activity report.
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896 дней спустя
Fed Jitters Drag CAC-40
The CAC-40 followed Asian and European peers to trade in the negative zone amidst data showing strong economic activity in the U.S. that threatened to jeopardize the Fed's commitment to moderate interest rate increases.
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896 дней спустя
UK Construction Growth Slows Amid Weak Demand, Recession Worries
The UK construction sector expanded for the third consecutive month in November, but there was a renewed slowdown in growth amid subdued demand and reduced risk appetite among clients, while rising interest rates and worries over the economic outlook hurt confidence, adding to signs that the economy is in recession. At 50.4, the construction Purchasing Managers' Index was down from 53.2 in October
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896 дней спустя
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NRG Energy To Acquire Vivint Smart Home For $2.8 Bln In Cash
NRG Energy, Inc. (NRG) and Vivint Smart Home, Inc. (VVNT) announced Monday they have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction. The agreement has been unanimously approved by the boards of directors of both companies.
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896 дней спустя
Swiss Franc Showing Weakness Against Majors
The Swiss franc dropped against its major counterparts in the European session on Tuesday amid safe-haven status, as comments from European Central Bank chief economist Philip Lane soothed concerns about inflation and German factory orders rose more than expected in October.
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896 дней спустя
Sensex, Nifty Settle Lower On Interest Rate Concerns
Indian shares ended lower on Tuesday, with the Sensex going down for a third straight session, as data showing a stronger than expected acceleration in U.S. services sector activity raised concerns the Federal Reserve will continue with its aggressive rate hike moves for now.
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896 дней спустя
DAX Drops As Strong PMI Readings From U.S. Reinforce Rate Hike Bets
The German stock market benchmark DAX remained muted on Tuesday as investors reacted to the strong service activity readings released from the U.S. on Monday.
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896 дней спустя
Philippines Inflation Highest In 14 Years, More Rate Hikes Likely
The Philippines' inflation accelerated to the highest level since November 2008, mainly due to an increase in food prices due to poor climate, but remained within the forecast range of the central bank that is widely expected to deliver another rate hike in its policy session next week.
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896 дней спустя
Pfizer Seeks FDA Approval For Bivalent COVID-19 Vaccine In Kids Under 5
Vaccine partners Pfizer Inc. and BioNTech SE are seeking emergency use authorization or EUA from the U.S. Food and Drug Administration to offer their bivalent COVID-19 vaccine to children 6 months through 4 years of age. If authorized, the vaccine would be part of a primary series for children in this age group.
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896 дней спустя
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