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U.S. Import Prices Unexpectedly Flat In June, Jump 1.6% Year-Over-Year

The Labor Department released a report on Tuesday showing import prices in the U.S. were unexpectedly flat in the month of June. The report said import prices were unchanged in June after dipping by a revised 0.2 percent in May. Economists had expected import prices to rise by 0.2 percent compared to the 0.4 percent decrease originally reported for the previous month.

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U.S. Retail Sales Unchanged In June As Auto, Gas Station Sales Slump

With steep declines in auto and gasoline sales offset by strength in other areas, the Commerce Department released a report on Tuesday showing U.S. retail sales came in unchanged in the month of June. The Commerce Department said retail sales came in flat in June after rising by an upwardly revised 0.3 percent in May. Economists had expected retail sales to come in unchanged.

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CSL Behring Says HEMGENIX Receives Positive Canada Reimbursement Decision

CSL Behring Canada Inc., a business unit of Australian biotechnology company CSL Ltd. (CSL.AX, CMXHF.PK), announced Tuesday that the Canadian Agency for Drugs and Technologies in Health (CADTH) Canadian Drug Expert Committee (CDEC) recommended public drug plan reimbursement for HEMGENIX (etranacogene dezaparvovec) for the treatment of eligible adults with hemophilia B (congenital factor IX deficiency) who require routine prophylaxis to prevent or reduce the frequency of bleeding episodes.

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U.K's CMA Opens Probes Against Microsoft's Hiring Of Former Inflection AI Employees

The United Kingdom's Competition and Markets Authority or CMA, announced Tuesday that it has opened an investigation against Microsoft Corp.'s (MSFT) hiring of certain former employees of Inflection AI, Inc. and its entry into associated arrangements with Inflection.

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Morgan Stanley Q2 Results Top Estimates

Financial services firm Morgan Stanley (MS) reported Tuesday a net profit for the second quarter that increased 44 percent from last year, driven by revenue growth across its operating segments and sharply lower provisions for credit losses. Both earnings per share and quarterly revenues topped analysts' estimates. The firm also boosted its quarterly dividend.

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U.S. Import Prices Unexpectedly Unchanged In June

The Labor Department released a report on Tuesday showing import prices in the U.S. were unexpectedly flat in the month of June.

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U.S. Retail Sales Unchanged In June

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Bay Street May Open Higher; Inflation Data In Focus

Higher bullion prices point to a positive start for Canadian stocks on Tuesday. However, Canadian inflation data, due before the opening bell, is likely to set the trend.

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Morgan Stanley Q2 Net Profit Down 10%, But Tops Estimates

Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company's shareholders for the second quarter decreased 10 percent to $2.94 billion or $1.82 per share from $2.05 billion or $1.24 per share in the year-ago quarter.

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Starboard Value, Beneficially Owning About 6.6% Of Shares Of Match, Sends Letter To Match Group

Starboard Value LP, which holds approximately 6.6% of the outstanding common shares of online dating service company Match Group, Inc. (MTCH), announced Tuesday it sent a letter to the Company's Chief Executive Officer, President & Chief Financial Officer, and Board of Directors regarding actionable opportunities for enhancing shareholder value.

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