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Bloomin' Brands Appoints Michael Spanos To Succeed David Deno As CEO
Bloomin' Brands, Inc. (BLMN) announced Monday that Michael Spanos has been appointed Chief Executive Officer of the company. Spanos will begin his new role in Tampa on September 3, 2024.
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Alight Appoints Dave Guilmette To Succeed Stephan Scholl As CEO
Alight, Inc. (ALIT), a cloud-based human capital technology and services provider, announced Monday that the Company's Board of Directors recently appointed Dave Guilmette as Chief Executive Officer. In addition, Guilmette will continue as Vice Chair of the Board.
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U.S. Durable Goods Orders Rebound Much More Than Expected In July
With orders for transportation equipment showing a substantial rebound, the Commerce Department released a report on Monday showing a sharp increase by new orders for U.S. manufactured durable goods in the month of July.
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McKesson To Acquire Controlling Stake In Florida's Core Ventures For About $2.49 Bln In Cash
McKesson Corp. (MCK) announced Monday that it signed a definitive agreement to acquire a controlling interest in Community Oncology Revitalization Enterprise Ventures, LLC (Core Ventures).
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Ocugen Receives Health Canada Approval To Initiate Phase 3 LiMeliGhT Trial For OCU400
Biotechnology company Ocugen, Inc. (OCGN) announced Monday that Health Canada provided a "No Objection Letter" to initiate the OCU400 Phase 3 liMeliGhT clinical trial in Canada. OCU400 is a modifier gene therapy product candidate being developed for retinitis pigmentosa (RP).
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Sensex, Nifty Rally On Dovish Fed Signals
Indian shares rose notably on Monday after Federal Reserve Chair Jerome Powell signaled the U.S. central bank is prepared to begin cutting interest rates at its next monetary policy meeting in September.
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European Shares Mixed As Traders Await Key Eurozone Data
European stocks traded mixed on Monday after three straight sessions of gains.
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more news
CAC 40 Marginally Higher In Cautious Trade
French stocks were modestly higher on Monday to extend gains from the previous session after Federal Reserve Chair Jerome Powell signaled imminent interest-rate cuts.
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DAX Edges Lower As Business Sentiment Falls In August
German stocks were a tad lower on Monday as investors digested weak business sentiment data and looked ahead to the release of a slew of regional data due later in the week.
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Asian Shares Mostly Higher Amid Dovish Fed
Asian stocks ended mostly higher on Monday, even as Japanese markets fell notably as the dollar sank to a three-week trough against the yen on dovish Fed outlook and Bank of Japan Governor Kazuo Ueda's hawkish remarks on Friday reaffirming his resolve to raise interest rates.
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U.S. Dollar Extends Fall On U.S. Fed Chair Powell's Dovish Outlook
The U.S. dollar extended its early weakness against other major currencies in the Asian session on Monday, as traders react to U.S. after Fed Chair Jerome Powell's speech that signaled the central bank is prepared to begin cutting interest rates at its next monetary policy meeting in September.
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European Shares Seen Opening Mixed With Middle East Tensions In Focus
European stocks may open broadly lower on Monday, though higher oil prices due to escalation of hostilities along the Israeli-Lebanese border may help lift energy stocks and Britain's commodity-heavy FTSE 100 index.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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