Forex News
U.S. Dollar Weakens Despite Hot PPI Data
The U.S. dollar declined against its major counterparts in the New York session on Friday, despite data showing a higher-than-expected increase in producer prices in June.
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110 days ago
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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110 days ago
Lifecore Biomedical To Terminate 46 Full-time Employees Amid Strategic Workforce Reduction Plan
Lifecore Biomedical, Inc. (LFCR) announced Friday that on Monday it determined to implement a strategic reduction of the Company's workforce to terminate 46 full-time employees of the Company, representing approximately 9% of the Company's workforce, as part of an initiative to strategically optimize the Company's cost structure.
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110 days ago
Fastenal Promotes Jeff Watts To Succeed Dan Florness As President; Florness To Continue As CEO
Fastenal Co. (FAST) announced Friday it has appointed Jeff Watts to the position of President, effective August 1, 2024. In addition to serving as President, Watts will continue in his role as the Company's Chief Sales Officer (CSO), a position he has held since May 2023.
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110 days ago
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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110 days ago
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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110 days ago
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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110 days ago
more news
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
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110 days ago
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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110 days ago
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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110 days ago
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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110 days ago
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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110 days ago
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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110 days ago
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