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Canadian Stocks Turning In Mixed Performance After Inflation Data
Canadian stocks are turning in a mixed performance on Tuesday with investors digesting data showing a slowdown in the nation's consumer price inflation and assessing the outlook for interest rates.
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vor 179 Tagen
Canadian Dollar Drops As Easing Inflation Raises Rate Cut Hopes
The Canadian dollar weakened against its major counterparts in the New York session on Tuesday, as soft inflation data for April increased the likelihood of an interest rate cut in June.
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vor 179 Tagen
TELUS To Invest $24 Bln To Enhance Network In Ontario Over Next Five Years
Telecom company TELUS Corp. (TU) announced Tuesday it will invest $24 billion to significantly expand and improve its network infrastructure and operations across Ontario over the next five years.
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vor 179 Tagen
CareCloud Promotes Crystal Williams To COO
CareCloud, Inc. (CCLD), a healthcare technology solutions provider, announced Tuesday the promotion of Crystal Williams as its new chief operating officer with the goal of further streamlining operations and supporting the Company's achievement of its profitability and free cash flow objectives.
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vor 179 Tagen
Lowe's Q1 Earnings Down, But Beat Market; Backs FY24 View; Stock Up
Home improvement major Lowe's Companies, Inc. on Tuesday maintained its fiscal 2024 earnings and sales outlook after reporting weak results in its first quarter. However, the quarterly earnings per share were above market estimates. In pre-market activity on the NYSE, Lowe's shares were gaining around 3.1 percent...
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vor 179 Tagen
Alvotech Partners Dr. Reddy's To Bring AVT03 Biosimilar To Prolia & Xgeva To U.S., Europe, And U.K
Biotech company Alvotech (ALVO) and Dr. Reddy's Laboratories SA, wholly-owned subsidiary of Dr. Reddy's Laboratories Ltd. (RDY), announced Tuesday that the companies have entered into a license and supply agreement for the commercialization of AVT03, Alvotech's biosimilar candidate to Prolia and Xgeva (denosumab).
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vor 179 Tagen
Bay Street Likely To Open Lower; Inflation Data In Focus
Canadian shares may open with a negative bias Tuesday morning, tracking weak global markets, and lower commodity prices. Canadian inflation data is likely to make a significant impact on sentiment.
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vor 179 Tagen
more news
Citius Pharma Announce Positive Topline Results For Pivotal Phase 3 Clinical Trial Of Mino-Lok
Biopharmaceutical company Citius Pharmaceuticals, Inc. (CTXR) announced Tuesday positive topline results of its pivotal Phase 3 clinical trial of Mino-Lok, a novel antibiotic lock solution designed to salvage catheters in patients with central line-associated infections (CLABSI) or catheter-related bloodstream infections (CRBSI).
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vor 179 Tagen
Lam Research Board Approves $10 Bln Share Buyback Authorization And 10-for-1 Stock Split
Lam Research Corp. (LRCX) announced Tuesday that its Board of Directors approved a $10 billion share repurchase authorization and a forward split of its outstanding shares of common stock at a ratio of 10:1.
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vor 179 Tagen
Sensex, Nifty End Narrowly Mixed After Choppy Session
Indian shares ended modestly lower on Tuesday after U.S. Federal Reserve officials tempered investor enthusiasm about potential interest-rate cuts
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vor 179 Tagen
European Shares Decline On US Rate Concerns
European stocks edged lower on Tuesday following cautious comments from Federal Reserve officials on inflation and the interest rate outlook.
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vor 179 Tagen
Sanofi, OpenAI To Build AI Software To Boost Drug Development
French drug major Sanofi is teaming with artificial intelligence or AI startup OpenAI, the developer of highly popular generative AI chatbot ChatGPT, as well as Formation Bio, an AI and tech-driven drug developer, to build AI-powered software to accelerate drug development and bring new medicines more efficiently.
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vor 179 Tagen
FTSE 100 Declines On Interest-rate Concerns
U.K. stock fell on Tuesday following cautious comments from Federal Reserve officials on inflation and the interest rate outlook.
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vor 179 Tagen
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