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Forex News
Swiss Market Ends On Strong Note
Swiss stocks turned in a fine performance on Wednesday, extending gains from the previous session, thanks to positive global clues.
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846 days ago
European Stocks Close On Strong Note After Inflation Data
European stocks closed on a buoyant note on Wednesday as easing concerns about inflation triggered hectic buying at several counters from across various sectors.
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846 days ago
U.S. Manufacturing Index Edges Down To Lowest Level Since May 2020
The Institute for Supply Management released a report on Wednesday showing U.S. manufacturing activity contracted at a slightly faster rate in the month of December. The ISM said its manufacturing PMI edged down to 48.4 in December from 49.0 in November, with a reading below 50 indicating a contraction. Economists had expected the index to slip to 48.5.
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846 days ago
Pulmatrix Announces Positive Top Line Results In Phase 1 Study With PUR3100 For Acute Migraine
Biopharmaceutical company Pulmatrix, Inc. (PULM) announced Wednesday the successful completion of a Phase 1 trial evaluating safety and pharmacokinetics of PUR3100 in healthy volunteers for the treatment of acute migraine.
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846 days ago
Hyundai Motor America December Total Sales Up 40%
Hyundai Motor America reported Wednesday that it sold a total of 72,058 units in the month of December, up 40 percent from last year's 51,340 units, driven by new December retail and total sales records for Venue, Elantra HEV, Elantra N, IONIQ 5, Santa Fe HEV, Tucson HEV, Santa Cruz, Kona EV and Kona N.
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846 days ago
Bay Street Likely To Open With Positive Bias
Canadian shares are likely to open with a positive bias on Wednesday, tracking firm bullion prices.
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846 days ago
Kaltura Announces Re-organization Plan, To Cut About 11% Of Current Workforce
In a Form 8-K filing with the U.S. Securities and Exchange Commission on Wednesday, software company Kaltura, Inc. revealed that its Board of Directors approved on January 3, 2023 a re-organization plan that includes, among other things, downsizing approximately 11% of the Company's current workforce and adapting the Company's organizational structure, roles, and responsibilities accordingly.
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846 days ago
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U.S. Dollar Down As Fed Minutes In Focus
The U.S. dollar dropped against its major counterparts in the European session on Wednesday, as investors awaited the minutes of the Federal Reserve's December meeting for more clarity on the monetary policy outlook.
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846 days ago
UK Mortgage Approvals Weakest Since Mid-2020
UK mortgage approvals reached the lowest level since the middle of 2020 as rising interest rates acted as a drag on housing demand. Mortgages approved for house purchases decreased more-than-expected to 46,100 from 57,900 in October, the Bank of England reported Wednesday. This was the lowest level since June 2020, when approvals totaled 40,500. The expected level was 55,000.
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846 days ago
BrainStorm Cell Therapeutics Promotes Stacy Lindborg To Work Alongside Chaim Lebovits As Co-CEO
Stem cell therapeutics developer BrainStorm Cell Therapeutics Inc. (BCLI) announced Wednesday the promotion of Stacy Lindborg to the role of Co-Chief Executive Officer. She will work alongside Chaim Lebovits, who is retaining his position as President and CEO.
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846 days ago
Eurozone Private Sector Downturn Softens In December
Euro area private sector activity shrank at the end of 2022, at the least marked pace since July, on the back of a slower fall in order books and a rebound in business confidence amid slowing inflation, results of the closely watched purchasing managers' survey suggested Wednesday. The composite output index rose to 49.3 in December from 47.8 in November, data from S&P Global showed.
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846 days ago
Fulcrum Therapeutics Names Robert Gould As Interim CEO After CEO Bryan Stuart Departs
Biopharmaceutical company Fulcrum Therapeutics, Inc. (FULC) announced Wednesday that Robert Gould, former president and founding chief executive officer, has been appointed as interim CEO, effective January 3, 2023. He is also a current member of the Board of Directors.
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846 days ago
German Auto Industry Confidence Improves, Outlook Uncertain: Ifo
German automakers sentiment turned positive at the end of 2022, but the overall business situation was strained for both manufacturers and suppliers, and expectations for the coming months remain cautious, survey results from the ifo Institute showed on Wednesday. The auto industry index rose to 1.5 in December from -1.5 in November, the Munich-based institute said.
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846 days ago
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