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European Stocks Close Higher For 3rd Straight Session
European stocks closed higher on Tuesday, extending gains to a third session, reacting positively to news about China cutting quarantine time for international travelers, and the European Central Bank's President Christine Lagarde's comments that played down fears of a recession in the euro zone.
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U.S. Consumer Confidence Drops To Lowest Level Since February 2021
Consumer confidence in the U.S. continued to deteriorate in the month of June, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 98.7 in June from a downwardly revised 103.2 in May. Economists had expected the index to drop to 101.0 from the 106.4 originally reported for the previous month.
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Dollar Little Changed After U.S. Consumer Confidence Index
U.S. consumer confidence index for June has been released at 10:00 am ET Tuesday. The greenback changed little against its major rivals after the data.
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Dollar Higher Ahead Of U.S. Consumer Confidence Index
U.S. consumer confidence index for June is due at 10:00 am ET Tuesday. Ahead of the data, the greenback climbed against its major rivals.
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Bay Street Seen Opening On Firm Note
Canadian shares look headed for a positive start Tuesday morning, tracking firm European markets and higher crude oil prices amid news China has eased Covid-19 restrictions in the country.
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Triumph Group Selected By STARLUX Airlines For Wheel And Brake MRO Support
Triumph Group (TGI) announced Tuesday that its Product Support business was awarded a two-year wheel and brake maintenance and repair contract from Taiwan-based STARLUX Airlines for their A350 XWB fleet. This work will be accomplished at TRIUMPH's location in Chonburi, Thailand.
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Evofem Inks Deal With Pharmacy Benefit Managers In The U.S. For Access To Phexxi
Evofem Biosciences, Inc. (EVFM) announced Tuesday it has reached an agreement with one of the nation's largest pharmacy benefit managers (PBMs) to ensure most women covered by this plan can fill their Phexxi prescriptions for pregnancy prevention, without restrictions such as prior authorization or step therapy. Phexxi is an on-demand method of birth control used to prevent pregnancy.
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TD SYNNEX Q2 Results Top Estimates; Reaffirms FY22 Adj. EPS Outlook
TD SYNNEX (SNX) reported Tuesday that net income for the second quarter was $148.92 million or $1.55 per share, compared to $93.10 million or $1.78 per share in the prior-year quarter.
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BioLineRx Collaborates With GenFleet To Advance Motixafortide In Pancreatic Ductal Adenocarcinoma
Biopharmaceutical company BioLineRx Ltd. (BLRX) announced Monday that it has entered into a collaboration agreement with China-based peer GenFleet Therapeutics to advance Motixafortide through a randomized Phase 2b clinical trial in pancreatic ductal adenocarcinoma, or PDAC.
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Australian Dollar Climbs; Yen Falls As China Reduces Quarantine Period
The Australian dollar strengthened against its major counterparts in the European session on Tuesday, while the Japanese yen fell, as European shares rose following China's decision to reduce the quarantine period for travelers from overseas.
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AlerisLife Confirms CFO Jeff Leer As President And CEO
AlerisLife Inc. (ALR) announced Monday that Jeff Leer has been appointed President and Chief Executive Officer. Leer was serving as interim President and Chief Executive Officer in early May. Leer will also continue to serve as Chief Financial Officer of ALR until a replacement is appointed.
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Stanley Black & Decker To Divest Oil & Gas Business To Pipeline Technique
Stanley Black & Decker (SWK) announced Tuesday it has signed a definitive agreement for the sale of its STANLEY Oil & Gas business to Pipeline Technique Ltd., a leading provider of solutions to the energy industry. The terms of the deal were not disclosed.
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Sensex, Nifty End Choppy Session Marginally Higher
Indian shares ended a choppy session on a flat note Tuesday as commodities surged and the rupee weakened to a record low of 78.79 against the dollar, fanning inflation worries.
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