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European Stocks Close Higher Amid Slightly Easing Fears Over Recession
European stocks closed higher on Monday with investors weighing economic data from the region and the U.S., and continuing to digest quarterly earnings announcements and other corporate news.
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Canadian Market Holding Gains After Steady Start
The Canadian market is fairly well entrenched in positive territory around noon on Monday, led by strong gains in healthcare and materials sections.
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Canadian Dollar Climbs Amid Risk Appetite
The Canadian dollar strengthened against its most major counterparts in the European session on Monday amid risk appetite, as strong U.S. jobs data suggested that the economy is likely avoid a hard landing despite aggressive Fed tightening to control inflation.
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Uber, Body Shop Expands On-Demand Delivery Partnership To 75 More Stores
Uber Technologies, Inc. (UBER) and The Body Shop announced Monday the expansion of their partnership to include almost all of the beauty company's retail stores across the U.S. This expansion marks Uber's ongoing commitment to the retail and grocery categories.
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Nautilus Says Current Board Member Anne Saunders Assumed Role Of Board Chair
Nautilus, Inc. (NLS) announced Monday that current board member Anne Saunders has assumed the role of board chair, effective August 2.
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Bay Street Likely To Open On Positive Note
Canadian shares are likely to open higher on Monday, tracking firm European stocks and higher bullion prices.
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Jack Henry & Associates Appoints Mimi Carsley To Succeed Kevin Williams As CFO And Treasurer
Financial technology company Jack Henry & Associates, Inc. (JKHY) announced Monday that Mimi Carsley has been named as the company's chief financial officer (CFO) and treasurer, effective September 1, 2022.
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more news
Alpha Metallurgical Swings To Profit In Q2; Promotes CFO Andy Eidson To CEO
Alpha Metallurgical Resources, Inc. (AMR) reported on Monday a second-quarter net income of $575.16 million or $29.97 per share, compared to a net loss of $18.99 million or $1.03 per share in the prior-year quarter.
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Tyson Foods Affirms FY22 Sales Outlook As Q2 Net Profit Edges Up
Tyson Foods, Inc. (TSN) reported Monday that its second-quarter net Income attributable to the company edged up $750 million or $2.07 per share from $749 million or $2.05 per share in the prior-year quarter.
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Viatris Trims FY22 Revenue Outlook, Declares Dividend - Update
While reporting financial results for the second quarter on Monday, healthcare company Viatris Inc. (VTRS) trimmed its total revenue guidance for the full-year 2022 to reflect the incremental impact of foreign exchange.
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Pfizer To Buy Global Blood Therapeutics In $5.4 Bln All-cash Deal
Drug major Pfizer Inc. (PFE) and biopharmaceutical company Global Blood Therapeutics, Inc. (GBT) announced Monday the companies have entered into a definitive agreement under which Pfizer will acquire GBT in an all-cash deal valued at $5.4 billion.
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Eurozone Sentix Investor Confidence Rises Less Than Expected
Eurozone investor confidence improved in August but less than expected suggesting that the economy is undergoing a downturn, results of a closely-watched survey showed Monday. The investor confidence index rose to -25.2 in August from -26.4 in July. Nonetheless, the reading was below economists' forecast of -24.7.
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Sensex, Nifty Rally As Inflation Worries Ease
Indian shares rose notably on Monday, as robust U.S. jobs data helped ease recession fears and oil started the week on a sluggish note in reaction to mixed Chinese trade data.
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