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EPAM Systems To Acquire Advanced Technology Consultancy NEORIS
EPAM Systems, Inc. (EPAM) announced Wednesday that it has entered into an agreement to acquire NEORIS, a Miami-headquartered global advanced technology consultancy with more than 4,700 professionals across major talent hubs in Latin America, Spain and the U.S.
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Bay Street Looks Headed For Another Weak Start
Canadian shares may open on a weak note Wednesday morning with investors tracking weak global cues and awaiting the Canadian central bank's interest rate decision.
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Dollar Tree Sees Q3 Below Market, Cuts FY24 View After Weak Q2 Earnings; Stock Down
Shares of Dollar Tree, Inc. were losing nearly 13 percent in the pre-market activity on the Nasdaq after the discount retail chain on Wednesday issued third-quarter outlook and trimmed fiscal 2024 forecast, both below market estimates. The outlook reflects its second-quarter results with weak earnings, also below the Street view, despite slight growth in net sales.
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Sensex, Nifty End Off Day's Lows
Indian shares followed global peers lower on Wednesday, though falling oil prices on demand concerns helped limit overall losses.
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Eurozone Private Sector Growth At 3-Month High
The euro area private sector expanded at the fastest pace in three months in August underpinned by strong upturn in services activity, final survey results from S&P Global showed on Wednesday. The HCOB composite output index posted 51.0 in August compared to 50.2 in July. The final reading was slightly below the initial estimate of 51.2. The score signaled a re-acceleration of growth.
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European Shares Retreat On Growth Worries
European stocks traded lower on Wednesday as investors fretted about weakening U.S. and Chinese growth.
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SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures
The U.S. Securities and Exchange Commission has fined six major credit rating organizations a total of $49 million for significant failures to maintain and preserve electronic communications. Admitting the facts in their respective SEC orders, Moody's Investor Service Inc. and S&P Global Ratings agreed to pay a $20 million civil penalty each. Further, Fitch Ratings Inc. agreed to pay $8 million...
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FTSE 100 Dips On Growth Concerns
U.K. stocks traded lower on Wednesday amid concerns about slowing U.S. and Chinese growth.
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CAC 40 Extends Slide As Growth Worries Weigh
French stocks traded lower on Wednesday to extend losses from the previous session as weak U.S. manufacturing data reignited recession fears.
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DAX Extends Losses As Growth Worries Mount
German stocks fell on Wednesday to extend losses from the previous session as investors fretted about weakening U.S. and Chinese growth.
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Asian Shares Follow Wall Street Lower On US Growth Woes
Asian stocks slumped on Wednesday after weak U.S. manufacturing data triggered heavy selling in chip-related stocks overnight.
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Nvidia Stock Down On Reports Of DOJ Subpoenas
Nvidia Corp. shares were losing nearly 3% in the pre-market trading on the Nasdaq, continuing the 10 percent drop on Tuesday's regular trading as well as around 2.4% in the extended trading, following reports of the artificial intelligence or AI chipmaker receiving subpoenas from the U.S. Department of Justice as part of an antitrust probe.
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Antipodean Currencies Falls Amid Risk Aversion
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday, as Asian stock markets traded lower, following the sell-off on the Wall Street overnight, as markets in Australia, Japan, South Korea, Hong Kong, Singapore and Taiwan all tumbled. Weak commodity prices, concerns about global economic growth and uncertainty about the pace of U.S. interest rate cuts weighed on the markets.
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