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U.S. Dollar Weakens After Soft Retail Sales Data
The U.S. dollar dropped against its major counterparts in the New York session on Tuesday, as the nation's retail sales increased less than expected in May, fuelling hopes of a rate cut this year.
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Před 140 dny
European Stocks Close Broadly Higher
European stocks closed higher on Tuesday, recovering from recent losses, as investors digested some corporate news and looked ahead to the next batch of economic data from the U.S. and Europe.
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Před 140 dny
U.S. Business Inventories Increase In Line With Estimates In April
A report released by the Commerce Department on Tuesday showed business inventories in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said business inventories rose by 0.3 percent in April after edging down by 0.1 percent in March. Economists had expected business inventories to climb by 0.3 percent.
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Před 140 dny
Shuttle Pharma Appoints Timothy Lorber To Succeed Vander Hoek As CFO
Shuttle Pharmaceuticals Holdings, Inc. (SHPH) announced the appointment of Timothy Lorber as the Company Chief Financial Officer or CFO.
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Před 140 dny
U.S. Industrial Production Jumps Much More Than Expected In May
Industrial production in the U.S. increased by much more than expected in the month of May, the Federal Reserve revealed in a report released by on Tuesday. The Fed said industrial production jumped by 0.9 percent in May after coming in unchanged in April. Economists had expected industrial production to rise by 0.3 percent.
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Před 140 dny
U.S. Retail Sales Inch Up 0.1% In May, Slightly Less Than Expected
Retail sales in the U.S. inched slightly higher in the month of May, according to a report released by the Commerce Department on Tuesday. The Commerce Department said retail sales crept up by 0.1 percent in May after dipping by a revised 0.2 percent in April. Economists had expected retail sales to rise by 0.2 percent compared to the unchanged reading originally reported for the previous month.
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Před 140 dny
Uber Partners St. Louis-based Save A Lot For Grocery Delivery Across 32 US States
Uber Technologies, Inc. (UBER) announced Tuesday a new partnership with St. Louis-based discount grocery store chain Save A Lot, one of the country's largest discount grocers with more than 600 independently owned grocery locations, which will be serviceable by Uber across 32 U.S. states.
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Před 140 dny
more news
U.S. Retail Sales Inch Up Slightly Less Than Expected In May
Retail sales in the U.S. inched slightly higher in the month of May, according to a report released by the Commerce Department on Tuesday.
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Před 140 dny
Ligand Says Merck Receives FDA Approval For CAPVAXIVE For Adults
Ligand Pharmaceuticals Inc. (LGND) announced Tuesday that its collaborator Merck & Co., Inc. (MRK), known as MSD outside the U.S. and Canada, has received approval from the U.S. Food and Drug Administration (FDA) for CAPVAXIVE, previously known as V116, a 21-valent pneumococcal conjugate vaccine for the prevention of invasive pneumococcal disease and pneumococcal pneumonia in the adult population.
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Před 140 dny
Intra-Cellular Says Phase3 Trial Study 502 Of Lumateperone In MDD Meets Primary Endpoint
Biopharmaceutical company Intra-Cellular Therapies, Inc. (ITCI) announced Tuesday positive topline results from Study 502 evaluating lumateperone 42 mg as an adjunctive therapy to antidepressants for the treatment of Major Depressive Disorder (MDD).
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Před 140 dny
Australian Dollar Recovers After RBA Keeps Key Rate Unchanged
The Australian dollar recovered from recent lows against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia maintained its interest rates at a 12-year high for a fifth straight meeting.
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Před 140 dny
Bay Street Likely To See Muted Start
Canadian shares are likely to open on a muted note Tuesday morning, as investors await some crucial economic data from the U.S., and comments from several Fed officials for clues about the interest rate trajectory.
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Před 140 dny
German Economic Sentiment Rises Slightly In June
German economic confidence improved only marginally in June, survey data from the ZEW economic research institute showed Tuesday. The ZEW Indicator of Economic Sentiment rose slightly to 47.5 in June from 47.1 in the previous month. The reading remained below forecast of 50.0. Assessment of current situation deteriorated in June with the index falling to -73.8 from -72.3 last month.
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Před 140 dny
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