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Insmed Reports Positive Topline Results From Phase 3 ARISE Study Of ARIKAYCE
Biopharmaceutical company Insmed Inc. (INSM) announced Tuesday positive topline results from its Phase 3 ARISE study of ARIKAYCE in patients with newly diagnosed or recurrent nontuberculous mycobacterial (NTM) lung infection caused by Mycobacterium avium complex (MAC) who had not started antibiotics.
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Daqo New Energy Repurchased $301.7 Mln Under Its $700 Mln Share Repurchase Program
Daqo New Energy Corp. (DQ), a manufacturer of high-purity polysilicon for the global solar PV industry, on Tuesday provided an update on its $700 million share repurchase program that was announced on November 7, 2022.
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Timken Acquires Des-Case For Undisclosed Terms
The Timken Co. (TKR) announced Tuesday it has acquired Nashville, Tennessee-based Des-Case Corp., a manufacturer of specialty filtration products for industrial lubricants. Terms of the deal were not disclosed.
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Sensex, Nifty End Higher For Third Day
Indian shares rose modestly on Tuesday to extend gains for a third straight session despite weak cues from Asia and Europe.
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Cigna Unveils Global Health Benefits Plan For Adults Aged 60+
Cigna Group's Cigna Healthcare announced the launch of a new, customized global health benefits plan for people aged 60 and older citing growing consumer demand for international health coverage. The plan has no age limit, ensuring people are covered for as long as needed. The new plan includes full cancer coverage and benefits to support health and well-being across all areas of life; as well as
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Indian Rupee Drops To Near 2-week Low Against U.S. Dollar
The Indian rupee depreciated against the U.S. dollar in evening deals on Tuesday.
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Pound Slides Against Majors
The pound dropped against its major counterparts in the European session on Tuesday.
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European Shares Decline On Growth Concerns
European stocks traded at one-week low on Tuesday as weak data from China and the euro area fueled concerns about slowing global growth.
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Australia Central Bank Holds Rate For Third Straight Session
Australia's central bank left its benchmark interest rate unchanged for the third straight meeting as inflation is expected to return to the target in a reasonable time. At the final board meeting of Philip Lowe as governor, the policy board decided to hold the cash rate target at 4.10 percent.
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FTSE 100 Little Changed As Growth Worries Return To Fore
U.K. stocks were little changed in cautious trade on Tuesday, as weak data from China and the euro zone revived investor concerns about slowing global growth.
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Euro Falls Against Most Majors
The euro weakened against its most major counterparts in the European session on Tuesday.
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CAC 40 Slides On China Demand Concerns
French stocks fell Tuesday on China demand concerns after data showed services activity in the country expanded at the slowest pace in eight months in August.
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DAX Drops On Growth, Inflation Concerns
German stocks edged lower on Tuesday as weak data from China and the euro area revived concerns about slowing growth.
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