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Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland stock market ended on a firm note on Monday, in line with markets across Europe, as the mood remained fairly bullish on hopes the Federal Reserve will slow down the pace of its interest rate hikes following last week's data showing a contraction in U.S. service sector activity.
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839 days ago
European Stocks Close Higher On China Reopening Optimism, Easing Rate Concerns
European stocks closed higher on Monday, extending recent gains, as optimism surrounding China's reopening and expectations of slower interest rate hikes by the U.S. Federal Reserve.
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839 days ago
U.S. Dollar Weakens Amid Expectations For Less Aggressive Fed
The U.S. dollar lost ground against its major counterparts in the European session on Monday, as investors bet on a slower pace of policy tightening by the Federal Reserve in the wake of a lower than expected wage growth in December.
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840 days ago
Novavax Appoints John Jacobs To Succeed Stanley Erck As President And CEO
Biotechnology company Novavax, Inc. (NVAX) announced that John Jacobs will succeed Stanley Erck as President and Chief Executive Officer and a member of the Board of Directors, effective as of January 23, 2023. Erck will serve as an advisor to the Company for the next fifteen months to enable a smooth transition.
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840 days ago
Calithera Biosciences Board Of Directors Determine Dissolution Of Company
Calithera Biosciences, Inc. (CALA) announced Monday that its Board of Directors has determined, after extensive consideration of potential strategic alternatives, that it is in the best interests of its shareholders to dissolve the Company and liquidate its assets, following an orderly wind down of the company's operations.
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840 days ago
MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO
The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.
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840 days ago
Dull Jobs Data Dims Dollar's Dazzle, Post FOMC Minutes
Currency market movements during the first week of 2023 were greatly shaped by the hawkish revelations in the minutes of the Federal Open Market Committee held in December and the economic data updates from the U.S. and elsewhere.
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840 days ago
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Solid Biosciences Appoints Kevin Tan As New CFO
Life sciences company Solid Biosciences Inc. (SLDB) announced Monday the appointment of Kevin Tan, a seasoned industry professional, as Chief Financial Officer.
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840 days ago
GreenLight Biosciences, Epivax Ink Collaboration Deal To Develop Personalized Cancer Vaccines
Biotechnology company GreenLight Biosciences Holdings, PBC (GRNA), and EpiVax Therapeutics Inc, announced Monday that they have signed an exclusive collaboration agreement to jointly develop and commercialize personalized mRNA-based vaccine candidates for cancers.
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840 days ago
German Self-Employed Less Pessimistic About Outlook: Ifo Survey
The business climate for self-employed individuals in Germany showed a considerable recovery at the end of the year as they were less pessimistic about the economic outlook, results of a survey conducted by the ifo Institute, in collaboration with Jimdo, showed on Monday.
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840 days ago
Rite Aid Names Elizabeth Burr As Interim CEO; Reaffirms FY23 Outlook
Rite Aid Corp. (RAD) announced Monday that its Board of Directors has appointed Elizabeth Burr, a member of the Company's Board, as interim CEO, effective immediately. Burr's appointment follows Heyward Donigan's departure from the Company as President and CEO, and as a member of the Board.
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840 days ago
Bay Street Seen Opening On Positive Note
Higher U.S. futures and firm commodity prices point to a positive start for the Canadian market on Monday.
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840 days ago
Eurozone Unemployment Rate Steady At Record Low 6.5%
Euro area jobless rate remained unchanged at a record low in November despite the economy moving closer to a recession, official data revealed Monday. The jobless rate came in at 6.5 percent, as expected, unchanged from October, the statistical office Eurostat said. This was notably down from 7.1 percent in the same period last year.
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840 days ago
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