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U.S. Consumer Confidence Improves Much More Than Expected In December
Consumer confidence in the U.S. has improved by much more than anticipated in the month of December, according to a report released by the Conference Board on Wednesday. The Conference Board said its consumer confidence index jumped to 110.7 in December from a downwardly revised 101.0 in November.
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U.S. Existing Home Sales Unexpectedly Rebound After Five Straight Monthly Declines
After reporting five consecutive monthly declines in U.S. existing home sales, the National Association of Realtors released a report on Wednesday showing existing home sales unexpectedly rebounded in the month of November. NAR said existing home sales climbed by 0.8 percent to an annual rate of 3.82 million in November after plunging by 4.1 percent to a rate of 3.79 million in October.
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U.S. Dollar Rebounds Against Most Majors
The U.S. dollar advanced against its most major counterparts in the New York session on Wednesday, after falling in the previous session on hopes of interest rate cuts next year.
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Crown Castle Announces Comprehensive Review Of Fiber Business, Search For New CEO
Crown Castle Inc. (CCI) announced Wednesday a comprehensive review of the Company's fiber business, search for a new CEO and the addition of two new independent directors to the Company's Board.
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GSK Inks License Deal With China's Hansoh Pharma For HS-20093; To Pay Up To $1.7 Bln
GSK plc (GSK, GSK.L) and Chinese biopharmaceutical company Hansoh Pharma announced Wednesday that they have entered into an exclusive license agreement for HS-20093, a B7-H3 targeted antibody-drug conjugate (ADC) utilizing a clinically validated topoisomerase inhibitor (TOPOi) payload.
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Big Rock Brewery Appoints David Kinder As President And CEO
Big Rock Brewery Inc. (BR.TO) announced Wednesday that after an extensive search, David Kinder will be appointed as President and CEO of Big Rock Brewery effective January 8, 2024.
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German Consumer Sentiment To Gain Strength In January
Germany's consumer sentiment is set to strengthen at the start of next year amid a robust rebound in income expectations despite the economy undergoing a downturn, a closely watched survey revealed on Wednesday. The forward-looking consumer confidence index rose to -25.1 from a revised -27.6 in December, survey data from the market research group GfK and the Nuremberg Institute for Market Decisi
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Palatin Technologies Completes Sale Of Vyleesi To Cosette Pharma For Up To $171 Mln
Biopharmaceutical company Palatin Technologies, Inc. (PTN) announced Wednesday the sale of Vyleesi to US-based speciality pharmaceutical company Cosette Pharmaceuticals for up to $171 million, consisting of an upfront purchase price of $12 million plus contingent, sales-based milestone payments of up to $159 million.
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Bay Street Likely To Open Slightly Higher
The Canadian market may open marginally higher Wednesday morning, with energy stocks likely to move up, tracking firm crude oil prices.
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Bio-Techne Files Drug Master File With FDA For ExCellerate GMP IPSC Expansion Medium
Bio-Techne Corp. (TECH) announced Wednesday that it has filed a Drug Master File (DMF) with the U.S. Food and Drug Administration (FDA) for its ExCellerate GMP iPSC Expansion Medium, Animal Free (CCM0036-GMP), supporting the development and manufacture of regenerative medicine and stem cell therapies.
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Takeda Canada Inks Contract With Canadian Blood Services For GLASSIA
Takeda Canada Inc., the Canadian arm of Japan's Takeda Pharmaceutical Co. Ltd. (TAK) on Wednesday entered into a contract with Canadian Blood Services (CBS) for GLASSIA (alpha-1 proteinase inhibitor) resulting from CBS's request for proposal for hereditary deficiency of Alpha-1 Antitrypsin Deficiency (Alpha-1).
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Asensus Surgical Announces Sale Of Senhance Surgical System In Romania
Medical device company Asensus Surgical, Inc. (ASXC) announced Wednesday the sale of a Senhance Surgical System that will be placed in Louis Turcanu Clinical Emergency Hospital for Children in Timisoara, Romania.
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UK Inflation Weakest In More Than 2 Years
UK consumer price inflation reached its lowest level in more than two years in November, strengthening calls for early rate cuts even as Bank of England remains more cautious on signaling future easing. The consumer price index rose 3.9 percent year-on-year, which was slower than the 4.6 percent increase in October, the Office for National Statistics reported Wednesday.
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