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Allete Q4 Results Miss Estimates
Energy utility Allete Inc. (ALE) reported Tuesday that net income attributable to ALLETE for the fourth quarter edged down to $51.5 million or $0.89 per share from $51.7 million or $0.90 per share in the prior-year quarter.
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Pred 554 dňami
DAX Weak As Markets Brace For ECB Minutes, Key Data Releases
Germany's DAX benchmark witnessed weak sentiment as markets braced for the release of the ECB minutes as well as PMI, GDP and Business Climate readings later in the week.
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Pred 554 dňami
IDEAYA Biosciences Q4 Results Misses Estimates
IDEAYA Biosciences, Inc. (IDYA), a precision medicine oncology company, announced net loss of $32.64 million or $0.52 per share, wider than $23.07 million or $0.50 per share in the prior-year quarter.
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Pred 554 dňami
Barclays Posts Q4 Loss, Plans GBP 2 Bln Cost Actions, To Return GBP 10 Bln; Stock Up
Shares of Barclays Plc were gaining more than 6 percent on London stock exchange as well as around 8 percent in pre-market activity on the NYSE after the British lender announced a new 2 billion pounds, three-year cost efficiency savings plan, as well as its plan to return 10 billion pounds of capital to shareholders. Meanwhile, the company reported sharply lower pre-tax profit in its fourth quart
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Pred 554 dňami
Truist Financial To Sell Remaining Stake In Truist Insurance Holdings
Truist Financial Corp. (TFC) announced Tuesday that it has reached a definitive agreement to sell its remaining stake in Truist Insurance Holdings, a subsidiary of Truist and the fifth largest insurance brokerage in the U.S., to an investor group led by private equity firms Stone Point Capital and Clayton, Dubilier & Rice. Mubadala Investment Company and other co-investors are also participating in the investment.
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Pred 554 dňami
China's Rate Cut Fails To Lift Asian Market Sentiment
The People's Bank of China cutting its 5-year loan prime rate by 25 basis points, far more than by 15 basis points that the markets were expecting, failed to revive market sentiment in the Asian bourses.
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Pred 554 dňami
It's A First; Cellular Therapy For Melanoma And Drug To Reduce Food Allergic Reactions Get FDA Nod
Latest approvals by the U.S. Food and Drug Administration include Iovance Biotherapeutics Inc.'s Amtagvi - the first cellular therapy indicated for the treatment of unresectable or metastatic melanoma, as well as Genentech's Xolair- the first medication to help reduce allergic reactions to multiple foods after accidental exposure.
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Pred 554 dňami
more news
China Slashes Mortgage Lending Rate To Support Property Funding
China lowered its longer-term benchmark lending rate at a slightly sharper than expected pace on Tuesday, in an attempt to support the ailing housing market. The People's Bank of China cut its five-year loan prime rate, the benchmark for mortgage rates, to a record low 3.95 percent from 4.20 percent. The bank was expected to lower the rate to 4.10 percent.
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Pred 554 dňami
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the pre-European session on Tuesday.
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Pred 554 dňami
U.S. Dollar Rises As Traders Await FOMC Minutes
The U.S. dollar firmed against other major currencies in the Asian session on Tuesday, as traders await the FOMC minutes due to be published on Wednesday is likely to offer some hints about further monetary policy.
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Pred 554 dňami
European Markets Seen Opening On A Weak Note
Stock markets in Europe are seen opening on weak note on Tuesday amidst anxiety ahead of the release of the FOMC minutes on Wednesday and the ECB Minutes on Thursday.
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Pred 554 dňami
RBA Board Considered Rate Hike, Minutes Show
Policymakers of the Reserve Bank of Australia considered whether to hike the key interest rate by a quarter-point, but eventually decided to leave it unchanged at the board meeting in February. "The case to raise the cash rate further centered on the observation that it would take some time for inflation to return to target and the labor market to full employment," the minutes said.
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Pred 554 dňami
European Economic News Preview: Eurozone Current Account Data Due
The current account data from the euro area is due on Tuesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes unemployment data for January. At 2.00 am ET, foreign trade data is due from Switzerland. Also, quarterly national accounts from Denmark and capacity utilization from Sweden are due.
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Pred 555 dňami
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