Forex News
NY Fed Survey Shows US Consumers' 1-year Inflation Expectations Ease In May
A survey by the New York Fed showed on Monday that Americans' short-term inflation expectations eased slightly, while their view on price pressures in the longer term increased, and their expectations for the stock market hit a three-year high.
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150 days ago
Swiss Market Ends Notably Lower
The Switzerland market ended notably lower on Monday after languishing in the red right through the day's session with investors largely staying cautious ahead of the Federal Reserve's monetary policy announcement and some key economic data, including a reading on U.S. consumer price inflation.
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150 days ago
European Stocks Close Lower As Political Concerns Weigh
European stocks closed lower on Monday, weighed down by political concerns after French President Emmanuel Macron called for snap legislative elections later in June after the European Union elections showed a broader shift towards right-wing and far-right parties.
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150 days ago
Canadian Market Slightly Higher In Cautious Trade
Energy, technology and materials stocks are finding some support in the Canadian market, where the mood remains quite cautious Monday morning as investors look ahead to crucial U.S. consumer price inflation data and the Federal Reserve's monetary policy announcement this week.
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150 days ago
Strong Labor Market Data Lifted Dollar Last Week
A stronger-than-expected job market update from the U.S. on Friday diminished rate cut hopes and boosted the U.S. dollar during the week ended June 7.
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150 days ago
BioSig Technologies Announces Appointment Of Ferdinand Groenewald As Interim CFO
Medical technology company BioSig Technologies, Inc. (BSGM) announced Monday the appointment of Ferdinand Groenewald to the position of interim Chief Financial Officer.
Groenewald is a certified public accountant with significant experience in finance and accounting. He currently serves as Vice President, Finance at Alaunos Therapeutics, Inc.
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150 days ago
Moderna Reports Positive Phase 3 Data For Flu And COVID Combination Vaccine
Moderna, Inc. (MRNA) announced Monday that its Phase 3 trial of mRNA-1083, an investigational combination vaccine against influenza and COVID-19, has met its primary endpoints. Moderna is the only company with a positive Phase 3 flu and COVID combination vaccine.
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150 days ago
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Neogen Says USDA FSIS Selects Neogen MDS As Primary Method To Detect Salmonella, Listeria
Neogen Corp. (NEOG), a provider of food safety solutions, announced Monday that the U.S. Department of Agriculture Food Safety and Inspection Service (USDA FSIS) has named the Neogen Molecular Detection System (MDS) as its primary method to be used for the detection of Salmonella and Listeria monocytogenes testing for meat, poultry and egg products.
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150 days ago
HF Foods Reaches $3.9 Mln Settlement Agreement With SEC
Food distributor HF Foods Group Inc. (HFFG) announced Monday the final resolution of the previously disclosed formal, non-public investigation by the staff of the U.S. Securities and Exchange Commission into allegations that the Company and/or its former executives violated United States securities laws. The Company agreed to payment of a civil monetary penalty of $3.9 million.
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150 days ago
Bay Street Likely To Open With Slightly Negative Bias
Canadian shares may open with a negative bias Monday morning, tracking weak European stocks and lower bullion prices. With the Federal Reserve's monetary policy announcement, and crucial U.S. consumer price inflation data due later in the week, the mood is likely to remain cautious.
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150 days ago
Eurozone Investor Confidence Highest Since Early 2022
Euro area investor sentiment continued its recovery trend in June to hit the highest since early 2022 but the momentum remained weak as the economy still struggle to reach the level that prevailed before the outbreak of the war in Ukraine. The economic confidence index rose to +0.3 in June from -3.6 in May. The reading was forecast to remain negative in June, at -1.5.
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150 days ago
Cognizant To Acquire Belcan For About $1.3 Bln Cash And Stock
Cognizant Technology Solutions Corp. (CTSH) announced Monday it has signed a definitive agreement to acquire Belcan, LLC, a portfolio company of AE Industrial Partners and a supplier of Engineering Research & Development (ER&D) services, at a purchase price of approximately $1.3 billion in cash and stock, subject to customary adjustments.
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150 days ago
Sensex, Nifty End Choppy Session Slightly Lower
Indian shares fluctuated before finishing modestly lower on Monday as traders locked in some profits in the wake of weak global cues.
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150 days ago
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