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U.S. Consumer Sentiment Unexpectedly Drops To Eight-Month Low In July

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of July, according to preliminary data released by the University of Michigan on Friday. The report said the consumer sentiment index fell to 66.0 in July from 68.2 in June. Economists had expected the index to inch up to 68.5.
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U.S. Producer Prices Rise 0.2% In June, Slightly More Than Expected

U.S. Producer Prices Rise 0.2% In June, Slightly More Than Expected

Following yesterday's tamer-than-expected consumer price inflation data, the Labor Department released a report on Friday showing producer prices in the U.S. increased by slightly more than expected in the month of June. The Labor Department said its producer price index for final demand rose by 0.2 percent in June following a revised unchanged reading in May.
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AbbVie Seeking FDA And EMA Approval For Upadacitinib In Giant Cell Arteritis

AbbVie Seeking FDA And EMA Approval For Upadacitinib In Giant Cell Arteritis

AbbVie, Inc. (ABBV) announced Friday that it has submitted applications for a new indication to the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) for upadacitinib (RINVOQ 15 mg, once daily) for the treatment of adult patients with giant cell arteritis (GCA).
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Dollar General Fined $12 Mln In Safety Settlement, Agrees To New Changes

Dollar General Fined $12 Mln In Safety Settlement, Agrees To New Changes

Dollar General Corp. has agreed with the U.S. regulator for a corporate-wide settlement over safety allegations. The discount store operator will pay $12 million in penalties under the settlement, and agreed to make significant workplace safety improvements in stores across the United States. These include new safety protocols, hiring of more safety staff, and a significant reduction...
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U.S. Producer Prices Rise Slightly More Than Expected In June

U.S. Producer Prices Rise Slightly More Than Expected In June

Following yesterday's tamer-than-expected consumer price inflation data, the Labor Department released a report on Friday showing producer prices in the U.S. increased by slightly more than expected in the month of June.
RTTNews | 110 दिनों पहले
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Bally's Announces Construction And Financing Arrangement For Bally's Chicago Casino

Bally's Announces Construction And Financing Arrangement For Bally's Chicago Casino

Casino-entertainment company Bally's Corp. (BALY) announced Friday a refreshed Bally's Chicago Casino permanent site plan that features a planned 500-room, 34-story hotel tower into a single-phase construction project at the 30-acre former Tribune Publishing site, pending approval of the Chicago Department of Planning & Development.
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Bay Street May Open With Slightly Positive Bias

Bay Street May Open With Slightly Positive Bias

Canadian shares are likely to open with a slightly positive bias Friday morning. Higher crude oil prices, and optimism about the outlook for interest rate are likely to help underpin sentiment.
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JPMorgan Q2 Results Top Estimates - Update

JPMorgan Q2 Results Top Estimates - Update

US investment bank JPMorgan Chase & Co. (JPM) reported Friday net income for the second quarter that surged to $18.15 billion or $6.12 per share from $14.72 billion or $4.75 per share in the prior-year quarter.
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BNY Mellon Q2 Results Top Estimates

BNY Mellon Q2 Results Top Estimates

Bank of New York Mellon Corp. (BK) reported Friday that net income applicable to common shareholders for the second quarter grew to $1.14 billion or $1.52 per share from $1.04 billion or $1.31 per share in the prior-year quarter.
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Sensex Surges 622 Points; Nifty Tops 24,500

Sensex Surges 622 Points; Nifty Tops 24,500

Indian shares rose notably on Friday as TCS delivered better-than-expected Q1 results and surprisingly soft U.S. inflation data bolstered hopes for two Federal Reserve rate cuts this year.
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European Shares Extend Gains On Fed Rate Cut Hopes

European Shares Extend Gains On Fed Rate Cut Hopes

European stocks traded higher for a third straight session on Friday as surprising soft U.S. inflation data bolstered hopes for two Federal Reserve rate cuts this year.
RTTNews | 110 दिनों पहले

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