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European Stocks Close Higher On China Reopening Optimism, Easing Rate Concerns
European stocks closed higher on Monday, extending recent gains, as optimism surrounding China's reopening and expectations of slower interest rate hikes by the U.S. Federal Reserve.
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vor 839 Tagen
U.S. Dollar Weakens Amid Expectations For Less Aggressive Fed
The U.S. dollar lost ground against its major counterparts in the European session on Monday, as investors bet on a slower pace of policy tightening by the Federal Reserve in the wake of a lower than expected wage growth in December.
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vor 840 Tagen
Novavax Appoints John Jacobs To Succeed Stanley Erck As President And CEO
Biotechnology company Novavax, Inc. (NVAX) announced that John Jacobs will succeed Stanley Erck as President and Chief Executive Officer and a member of the Board of Directors, effective as of January 23, 2023. Erck will serve as an advisor to the Company for the next fifteen months to enable a smooth transition.
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vor 840 Tagen
Calithera Biosciences Board Of Directors Determine Dissolution Of Company
Calithera Biosciences, Inc. (CALA) announced Monday that its Board of Directors has determined, after extensive consideration of potential strategic alternatives, that it is in the best interests of its shareholders to dissolve the Company and liquidate its assets, following an orderly wind down of the company's operations.
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vor 840 Tagen
MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO
The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.
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vor 840 Tagen
Dull Jobs Data Dims Dollar's Dazzle, Post FOMC Minutes
Currency market movements during the first week of 2023 were greatly shaped by the hawkish revelations in the minutes of the Federal Open Market Committee held in December and the economic data updates from the U.S. and elsewhere.
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vor 840 Tagen
Solid Biosciences Appoints Kevin Tan As New CFO
Life sciences company Solid Biosciences Inc. (SLDB) announced Monday the appointment of Kevin Tan, a seasoned industry professional, as Chief Financial Officer.
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vor 840 Tagen
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GreenLight Biosciences, Epivax Ink Collaboration Deal To Develop Personalized Cancer Vaccines
Biotechnology company GreenLight Biosciences Holdings, PBC (GRNA), and EpiVax Therapeutics Inc, announced Monday that they have signed an exclusive collaboration agreement to jointly develop and commercialize personalized mRNA-based vaccine candidates for cancers.
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vor 840 Tagen
German Self-Employed Less Pessimistic About Outlook: Ifo Survey
The business climate for self-employed individuals in Germany showed a considerable recovery at the end of the year as they were less pessimistic about the economic outlook, results of a survey conducted by the ifo Institute, in collaboration with Jimdo, showed on Monday.
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vor 840 Tagen
Rite Aid Names Elizabeth Burr As Interim CEO; Reaffirms FY23 Outlook
Rite Aid Corp. (RAD) announced Monday that its Board of Directors has appointed Elizabeth Burr, a member of the Company's Board, as interim CEO, effective immediately. Burr's appointment follows Heyward Donigan's departure from the Company as President and CEO, and as a member of the Board.
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vor 840 Tagen
Bay Street Seen Opening On Positive Note
Higher U.S. futures and firm commodity prices point to a positive start for the Canadian market on Monday.
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vor 840 Tagen
Eurozone Unemployment Rate Steady At Record Low 6.5%
Euro area jobless rate remained unchanged at a record low in November despite the economy moving closer to a recession, official data revealed Monday. The jobless rate came in at 6.5 percent, as expected, unchanged from October, the statistical office Eurostat said. This was notably down from 7.1 percent in the same period last year.
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vor 840 Tagen
Commercial Metals Q1 Results Top Estimates; Boosts Dividend 14%
Commercial Metals Co. (CMC) on Monday reported that net earnings for the first quarter increased to $261.77 million or $2.20 per share from $232.89 million or $1.90 per share in the prior-year quarter.
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vor 840 Tagen
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