Malvern Bancorp Swings To Profit In Q4
(RTTNews) - Malvern Bancorp, Inc. (MLVF) reported Friday fourth-quarter net income of $2.58 million or $0.34 per share, compared to a net loss of $6.19 million or $0.82 per share in the prior-year quarter.
Net interest income for the quarter grew to $7.91 million from $6.83 million in the same quarter last year.
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European Shares Rebound After Two Days Of Losses
European stocks were seeing modest gains on Thursday after two days of selling on inflation and interest-rate concerns.
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Pred 4 h 14 min
FTSE 100 Edges Higher In Cautious Trade
U.K. stocks traded slightly higher on Thursday after falling sharply the previous day on inflation and interest-rate concerns.
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Pred 4 h 35 min
Amgen's Bkemv Approved As First Interchangeable Biosimilar To Soliris
The U.S. Food and Drug Administration has approved Amgen Inc.'s Bkemv (eculizumab-aeeb) as the first interchangeable biosimilar to Soliris (eculizumab), developed by British drug major AstraZeneca's Rare Disease unit Alexion Pharmaceuticals, to treat certain rare diseases. Soliris is a medicine used to treat adults and children with paroxysmal nocturnal haemoglobinuria or PNH...
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Pred 4 h 35 min
CAC 40 Edges Higher In Cautious Trade
French stocks were seeing modest gains on Thursday, after having suffered heavy losses the previous day on concerns that U.S. interest rates are likely to stay higher for longer.
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Pred 4 h 45 min
DAX Marginally Higher Ahead Of Eurozone Unemployment Data
German stocks were marginally higher on Thursday ahead of unemployment and economic confidence survey results from the euro area due later in the day.
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Pred 4 h 55 min
Asian Shares Tumble On Inflation, Interest-rate Concerns
Asian stocks ended deep in the red on Thursday as the dollar and U.S. bond yields continued to surge on bets that global interest rates will stay higher for longer.
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Pred 5 h 7 min
Commodity Currencies Fall Amid Risk Aversion
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, following the broadly negative cues from global markets overnight, as bond yields continued to spike amid uncertainty about the U.S. Fed's interest-rate moves ahead of key inflation data later in the week.
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Pred 5 h 40 min
Swiss Franc Rises Against Most Majors
The Swiss franc strengthened against most major currencies in the European session on Thursday.
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Pred 6 h 6 min
