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Canadian Shares Rising Sharply After Slightly Weak Start
The Canadian market is up firmly in positive territory a little past noon on Wednesday thanks to strong gains in materials, energy, healthcare and technology stocks.
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960天前
U.S. Pending Home Sales Slump More Than Expected In August
A report released by the National Association of Realtors on Wednesday showed pending home sales in the U.S. fell for the third straight month in August, with the decrease exceeding economist estimates. NAR said its pending home sales index dove by 2.0 percent to 88.4 in August after falling by 0.6 percent to a revised 90.2 in July.
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960天前
Pound Declines After BoE Announces Intervention In Bond Market
The pound fell against its major rivals in the European session on Wednesday, after the Bank of England announced that it would intervene to support the bond market to prevent a material risk to financial stability.
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960天前
Bank Of England Intervenes In Bond Market To Restore Stability
The Bank of England decided to intervene in the government bond market to reduce any risks from contagion to credit conditions for the real economy, following the chaos developed in the currency and gilt markets after the government's massive tax cuts announced in the 'mini-budget' last Friday.
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960天前
BTRS Holdings To Be Taken Private By EQT Private Equity In $1.7 Bln All-cash Deal
BTRS Holdings Inc. (BTRS), a B2B accounts receivable automation and integrated payments leader, announced that it has entered into a definitive agreement to be acquired by EQT X fund, part of EQT Private Equity, in an all-cash transaction valuing BTRS's equity at approximately $1.7 billion.
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960天前
Apple Shelves Plans To Boost IPhone 14 Production Targets On Lower Demand: Report
iPhone maker Apple, Inc. has shelved its plans to boost production of the recently launched iPhone 14 line up after seeing a lower than anticipated demand for the highly popular smartphones, according to a Bloomberg report.
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960天前
CRISPR Therapeutics Says FDA Grants RMAT Designation To CTX130
Biopharmaceutical company CRISPR Therapeutics (CRSP) announced Wednesday that the U.S. Food and Drug Administration (FDA) granted Regenerative Medicine Advanced Therapy (RMAT) designation to CTX130, the Company's wholly-owned allogeneic CAR T cell therapy targeting CD70, for the treatment of Mycosis Fungoides and Sézary Syndrome (MF/SS).
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960天前
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Swiss Franc Strengthens Amid Recession Concerns, European Energy Crisis
The Swiss franc climbed against its major counterparts in the European session on Wednesday, as a spike in bond yields across the globe and an energy crisis in Europe raised worries about the risk of a recession.
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960天前
Bay Street Seen Opening On Negative Note
Canadian shares are likely to open with a negative bias on Wednesday, tracking weakness in Asian and European markets and on rising fears the global economy is slipping into a recession.
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960天前
Reunion Neuroscience Names Greg Mayes As President And CEO
Reunion Neuroscience Inc. (REUN, REUN.TO) announced Wednesday the appointment of Greg Mayes as President and Chief Executive Officer.
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960天前
MIND Technology Gets Addl. Orders For High-Speed Multibeam Side Scan Sonar Systems From U.S. Navy
MIND Technology, Inc. (MIND) announced Tuesday that its Klein Marine Systems subsidiary has received additional orders for its high-speed multibeam side scan sonar systems for delivery to the U.S. Navy.
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960天前
Sensex, Nifty Extend Sell-off For Sixth Day; Pharma Stocks Shine
Indian shares ended a volatile session notably lower on Wednesday, mirroring weak global cues, rising Treasury yields and a soaring dollar after a slew of Fed officials said they need to keep raising rates to restore price stability.
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960天前
European Shares Slump As Risk Appetite Wanes
European stocks tumbled on Wednesday as investors fretted about energy shortages and Britain's radical tax cuts to spur growth.
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960天前
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