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TSX Ended On Firm Note; Energy Stocks Rally
After opening slightly higher and briefly slipping into negative territory, the Canadian market recovered and stayed positive right till the end of the session on Monday to sign off on a firm note.
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Dollar Extends Recent Losses As Traders Await Fed Policy
The U.S. dollar drifted lower against most of its major rivals on Monday, easing for a third straight session, as investors looked ahead to the Federal Reserve's monetary policy announcement, due on Wednesday.
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U.S. Stocks Close Mixed After Choppy Ride
U.S. stocks ended on a mixed note on Monday after a choppy session as investors largely stayed cautious, looking ahead to some key earnings updates, the GDP data and the Federal Reserve's monetary policy announcement.
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Canadian Market Remains Positive; Energy Stocks Post Strong Gains
The Canadian market is fairly well placed in positive territory Monday afternoon thanks to strong gains in the energy sector.
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Swiss Market Closes Modestly Higher
The Switzerland stock market recovered after a weak start and stayed firm right through the session on Monday to eventually close modestly higher.
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European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Monday with investors digesting a slew of earnings announcements and the latest batch of economic data, and looking ahead to the Federal Reserve's monetary policy announcement, due on Wednesday.
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Bank Of Hawaii Q2 Profit Declines, But Tops Estimates
Bank of Hawaii Corp. (BOH) reported Monday that net income for the second quarter decreased to $56.86 million or $1.38 per share from $67.53 million or $1.68 per share in the prior-year quarter.
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more news
Weber Appoints CTO Alan Matula As Interim CEO
Weber Inc. (WEBR) announced Monday that Chief Technology Officer Alan Matula has been appointed interim Chief Executive Officer, effective immediately. CEO Chris Scherzinger is departing from his roles on the management team and Board of Directors. A search for a permanent CEO will commence immediately.
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Euro Advances As ECB's Kazaks Backs Bigger Rate Hikes In Sept.
The euro climbed against its most major rivals in the European session on Monday, as German bond yields rose after the European Central Bank's policymakers signalled sharper rate hikes in the months ahead to bring inflation down.
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Bay Street Likely To Open Slightly Higher
Canadian shares look headed for a positive start Monday morning, tracking higher crude oil prices and slightly positive European stocks.
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Embraer Delivers 32 Jets In Q2
Brazilian aerospace company Embraer (ERJ) announced Monday that it has delivered 32 jets in the second quarter of 2022, of which 11 were commercial aircraft and 21 were executive jets, including 12 light and 9 large.
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Medexus Pharma Resubmits Treosulfan NDA To FDA
Medexus Pharmaceuticals (MDP.TO, MEDXF.OB) and its strategic partner medac announced Monday that medac has resubmitted its New Drug Application (NDA) for treosulfan with the U.S. Food and Drug Administration (FDA).
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Ginkgo Bioworks To Acquire Zymergen In All-stock Deal
Cell programming firm Ginkgo Bioworks Holdings, Inc. (DNA) and biotechnology company Zymergen, Inc. (ZY) announced Monday they have entered into a definitive agreement under which Ginkgo will acquire Zymergen in an all-stock transaction that values Zymergen at an approximately $300 million market capitalization.
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