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Swiss Market Ends Modestly Higher
After a firm start and a subsequent long spell in positive territory, the Switzerland market retreated in late afternoon trades on Monday, but recovered soon to eventually end the day's session modestly higher.
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European Stocks Close Higher After Cautious Session
European stocks closed higher on Monday with investors continuing to react to quarterly earnings updates, and looking ahead to inflation data from U.S. and Eurozone for further clarity on the outlook for interest rates.
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Canadian Market Modestly Higher Around Noon
The Canadian market is modestly higher around noon on Monday, led by gains in energy and technology sectors. A few stocks from the financial section are also up in positive territory.
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Swiss Franc Falls Against Majors
The Swiss franc declined against its major counterparts in the European session on Monday.
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Weekly Gains For Dollar As Fed Hawks Abound
Hawkish commentary from Fed officials including by Chair Jerome Powell helped the U.S. Dollar rebound against major currencies during the week spanning November 6 to 10.
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Aclaris Therapeutics Says Will Discontinue Further Development Of ATI-450 Program
Biopharmaceutical company Aclaris Therapeutics, Inc. (ACRS) announced Monday top-line results from a Phase 2b study of zunsemetinib (ATI-450), an investigational oral MK2 inhibitor, in subjects with moderate to severe rheumatoid arthritis.
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Bay Street Likely To See Muted Start
Canadian shares look headed for a muted start on Monday with investors looking for direction. With U.S. inflation data due later in the week, the mood is likely to remain a bit cautious.
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more news
Essential Properties Realty Trust Appoints Scott Estes To Succeed Paul Bossidy As Chairman
Essential Properties Realty Trust, Inc. (EPRT) announced Monday that Paul Bossidy has notified the Company of his intent to retire as Chairman of the Company's Board of Directors, effective as of December 31, 2023, after nearly 7 years as Chairman.
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Selecta Biosciences Merges With Cartesian Therapeutics In All-stock Deal
Selecta Biosciences, Inc. (SELB) announced Monday that it has merged with biotechnology company Cartesian Therapeutics, Inc.
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Continental To Cut Thousands Of Jobs; Sees EUR 400 Mln Cost Savings
German autoparts maker Continental AG Monday announced its plans to cut thousands of jobs in its automotive unit as part of its efforts to strengthen the sector's competitiveness. Continental said its Automotive sector is simplifying and streamlining business and administrative structures.
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Tyson Foods Slips To Loss In Q4; Guides FY24 Sales Below Estimates
Tyson Foods, Inc. (TSN) reported Monday a net loss attributable to the company for the fourth quarter of $450 million or $1.31 per share, compared to net income of $538 million or $1.50 per share in the prior-year quarter.
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Genius Sports Q3 Loss Misses Estimates; Boosts FY23 Revenue Outlook
Genius Sports Ltd. (GENI) reported Monday that net loss for the third quarter was $11.62 million or $0.06 per share, wider than $8.97 million or $0.04 per share in the prior-year quarter.
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Neurocrine Biosciences Reaches Settlement On INGREZZA ANDA Litigation
Biopharmaceutical company Neurocrine Biosciences, Inc. (NBIX) announced Monday that is has resolved all patent litigation related to lawsuits resulting from Abbreviated New Drug Applications (ANDAs) brought by companies seeking approval to market a generic version of INGREZZA (valbenazine) prior to the expiration of applicable Neurocrine patents.
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