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U.S. Durable Goods Orders Plunge Much More Than Expected In October
A report released by the Commerce Department on Wednesday showed new orders for U.S. manufactured durable goods pulled back by much more than expected in the month of October.
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607天前
U.S. Dollar Advances Following Hawkish Fed Minutes
The U.S. dollar climbed against its most major counterparts in the European session on Wednesday, as minutes from the Federal Reserve's recent meeting failed to give any signals on potential cuts.
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607天前
Entrada Therapeutics Says FDA Declines To Lift Clinical Hold On ENTR-601-44 IND Application
Biopharmaceutical company Entrada Therapeutics, Inc. (TRDA) announced Wednesday the completion of dosing for the first and second cohorts of its Phase 1 clinical trial, ENTR-601-44-101.
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607天前
Weak Oil Prices May Weigh On Canadian Market
The Canadian market is likely to open with a negative bias on Wednesday as energy stocks may see a sell-off due to falling oil prices. Materials shares are likely to ease on lower copper prices.
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607天前
1&1 AG To Launch Smartphone Tariffs In Own Mobile Network On Dec. 8
German telecom firm 1&1 AG announced the launch of smartphone tariffs in its own mobile network on December 8. The company said mobile services are now activated. It had launched Europe's first mobile network based on innovative Open RAN technology with "5G at home" a year ago. In a statement, 1&1 said its 5G network can also be used with smartphones from December 8.
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607天前
Japan Govt. Downgrades Economic View
Japan's government downgraded its economic assessment for the first time since January citing the weakness in business investment. "The Japanese economy is recovering at a moderate pace, although it recently appears to be pausing in part," the Cabinet Office said in a report.
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607天前
Deere & Co. Initiates FY24 Net Income Outlook As Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Deere & Co. (DE) initiated its guidance for net income attributable to the company for the full-year 2024 in a range of $7.75 billion to $8.25 billion.
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608天前
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ThyssenKrupp Stock Climbs On Positive FY24 Outlook
Shares of thyssenKrupp AG were gaining more than 7 percent in the morning trading in Germany after the industrial engineering and steel company Wednesday said it expects a profit in its fiscal 2024 and higher sales. This was despite reporting a loss in fiscal 2023, compared to prior year's profit, along with weak sales and orders amid an increasingly challenging environment.
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608天前
Blackstone To Acquire Civica For Undisclosed Financial Terms
Alternative asset manager Blackstone, Inc. (BX) announced Wednesday that private equity funds managed by its affiliates have entered into a definitive agreement to acquire software company Civica, from private markets firm Partners Group, acting on behalf of its clients.
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608天前
Sam Altman To Return As OpenAI CEO
OpenAI, the developer of highly popular generative AI chatbot ChatGPT, announced that it has reached a deal with ousted CEO Sam Altman to reinstate his position. In a post on X platform, OpenAI said, "We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo..."
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608天前
Sensex, Nifty End Marginally Higher; Banks Decline
Indian shares ended Wednesday' session marginally higher as easing Middle East tensions offset the modestly hawkish tone of the FOMC minutes.
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608天前
Yen Falls As European Shares Traded Higher
The Japanese yen weakened against other major currencies in the European session on Wednesday as European stock markets traded higher, on signs of easing Middle East tensions after Israel and Hamas announced a ceasefire, during which at least 50 Israeli and foreign hostages are due to be released.
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608天前
European Shares Gain Ahead Of UK Budget
European stocks advanced on Wednesday despite the latest FOMC minutes offering no indication of possible rate cuts.
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608天前
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