Forex News
FTAI To Buy Lockheed Martin Commercial Engines Solutions From Lockheed Martin Canada For $170 Mln
FTAI Aviation Ltd. (FTAI) announced Thursday an agreement to purchase Lockheed Martin Commercial Engine Solutions or LMCES, from Lockheed Martin Canada Corp. for a purchase price of $170 million.
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4 days ago
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to turn in a mixed performance in early trades Thursday, with investors reacting to earnings updates from major banks, and digesting U.S. and Canadian economic data.
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4 days ago
OSI Systems Secures $42 Mln Airport Security Systems Contract From An International Airport
OSI Systems, Inc. (OSIS) announced Thursday that its Security division was awarded a contract from an international airport for approximately $42 million to provide a range of checkpoint and hold baggage screening solutions.
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4 days ago
U.S. GDP Climbs Less Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed U.S. economic growth slowed by more than previously estimated in the first quarter of 2024.
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4 days ago
Candel Therapeutics Says FDA Grants Orphan Drug Designation For CAN-3110 To Treat High-grade Glioma
Biopharmaceutical company Candel Therapeutics, Inc. (CADL) announced Thursday that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to CAN-3110 for the treatment of recurrent high-grade glioma (rHGG). Glioblastoma (GBM) is the most common and aggressive form of high-grade glioma.
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4 days ago
U.S. Weekly Jobless Claims Inch Up To 219,000
First-time claims for U.S. unemployment benefits crept modestly higher in the week ended May 25th, according to a report released by the Labor Department on Thursday.
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4 days ago
Maxeon Solar Technologies Slips To Loss In Q1, But Tops Estimates
Solar energy company Maxeon Solar Technologies Ltd (MAXN) reported Thursday a net loss attributable to the stockholders for the first quarter of $80.15 million or $1.59 per share, compared to net income of $20.27 million or $0.46 per share in the prior-year quarter.
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4 days ago
more news
Swiss GDP Growth Accelerates In Q1
Switzerland's economic growth accelerated in the first quarter on robust private consumption and the rebound in equipment investment, data from the State Secretariat for Economic Affairs, or SECO, showed on Thursday. Gross domestic product posted a quarterly growth of 0.5 percent in the first quarter after an expansion of 0.3 percent each in the previous two quarters.
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4 days ago
SpartanNash Cuts FY24 Net Sales Outlook - Update
While reporting financial results for the first quarter on Thursday, food solutions company SpartanNash Co. (SPTN) reaffirmed its adjusted earnings guidance for the full-year 2024, while lowering its annual net sales outlook.
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4 days ago
Canopy Growth Q4 Loss Sharply Narrows
Cannabis company Canopy Growth Corp. (CGC, WEED.TO) reported that its fourth-quarter net loss attributable to the company was C$92.34 million or C$1.03 per share, sharply wider than C$640.08 million or C$12.83 per share in the prior-year quarter.
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4 days ago
Best Buy Reiterates FY25 Outlook; Declares Dividend - Update
While reporting financial results for the first quarter on Thursday, electronics retailer Best Buy Co., Inc. (BBY) reiterated its adjusted earnings, revenue and comparable sales guidance for the full-year 2025. Comparable sales for the first quarter declined 6.1 percent.
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4 days ago
Caleres Q1 Results Miss Estimates; Reiterates FY24 Outlook
Footwear brand Caleres Inc. (CAL) reported Thursday that net earnings for the first quarter decreased to $30.94 million or $0.88 per share from $34.73 million or $0.97 per share in the prior-year quarter.
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4 days ago
Sensex, Nifty End Deep In Red On Eve Of F&O Expiry; Banks Surge
Indian shares ended deep in the red on Thursday due to weak global cues and on eve of monthly F&O expiry.
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4 days ago
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