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EU Designates Apple's IPadOS As Gatekeeper

The European Commission announced that it has designated Apple Inc.'s operating system for iPads, iPadOS, as a gatekeeper under the Digital Markets Act or DMA as it constitutes an important gateway for business users to reach end users. Apple now has six months to ensure that its iPadOS fully complies with EU's DMA obligations. In pre-market activity on the Nasdaq, Apple shares were gaining...
RTTNews | 205 ngày trước
German Inflation Steady At 2.2%

German Inflation Steady At 2.2%

Germany's consumer prices logged a steady pace of increase in April reflecting the stickiness of inflation despite the disinflationary pressure gaining strength over recent months. The consumer price index posted an annual growth of 2.2 percent, which was the same rate as seen in March and weaker than economists' forecast of 2.3 percent. The current 2.2 percent inflation was the lowest since 2021.
RTTNews | 205 ngày trước
Vale, Samarco, BHP Submit R$127 Bln Settlement Proposal To TRF Related To Failure Of Fundao Dam

Vale, Samarco, BHP Submit R$127 Bln Settlement Proposal To TRF Related To Failure Of Fundao Dam

Vale S.A. (VALE) revealed on Monday that Vale, Samarco Mineracao S.A. and BHP Billiton Brasil Ltda. have submitted a non-binding, indicative settlement proposal totalling R$127 billion to the Brazilian Federal Court of Appeals of the Sixth Region (TRF) for the settlement of claims by government agencies relating to the failure of the Fundao Dam in Mariana, Minas Gerais, Brazil.
RTTNews | 205 ngày trước
Bank Of Marin Bancorp Q1 Profit Misses Estimates

Bank Of Marin Bancorp Q1 Profit Misses Estimates

Bank of Marin Bancorp (BMRC), parent company of Bank of Marin, reported Monday its net income for the first quarter of fiscal 2024 was $2.92 million or $0.18 per share, compared to $9.44 million or $0.59 per share in the prior-year quarter.
RTTNews | 205 ngày trước
Eurozone Economic Confidence Weakens In April

Eurozone Economic Confidence Weakens In April

Euro area economic sentiment deteriorated further in April largely reflecting the difficulties in the industrial sector, survey data revealed on Monday. The economic confidence index dropped to 95.6 in April from 96.2 in the previous month, the European Commission said. The economic sentiment index deteriorated notably in industry, and services, retail trade and construction experienced moder
RTTNews | 205 ngày trước
Collegium Pharma Partners With Hikma For Authorized Generics Of Nucynta In US

Collegium Pharma Partners With Hikma For Authorized Generics Of Nucynta In US

Specialty pharmaceutical company Collegium Pharmaceutical, Inc. (COLL) announced Monday it has entered into an authorized generic agreement with Hikma Pharmaceuticals USA Inc., pursuant to which Hikma will have the exclusive right to sell the authorized generic versions of Nucynta and Nucynta ER in the United States.
RTTNews | 205 ngày trước
Owens Corning Receives U.S. Antitrust Approval For Masonite Acquisition

Owens Corning Receives U.S. Antitrust Approval For Masonite Acquisition

Owens Corning (OC) announced Monday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in connection with the company's previously announced acquisition of Masonite International Corp. (DOOR). The expiration of the waiting period occurred at 11:59 p.m. on April 26, 2024.
RTTNews | 205 ngày trước
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Seelos Therapeutics Appoints Richard Pascoe As Chairman Of The Board

Seelos Therapeutics Appoints Richard Pascoe As Chairman Of The Board

Biopharmaceutical company Seelos Therapeutics, Inc. (SEEL) announced Monday the appointment of Richard Pascoe as Chairman of the Board of Directors of Seelos to lead the ongoing strategic process and business development discussions and negotiations.
RTTNews | 205 ngày trước
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares look headed for a mixed start Monday morning, tracking commodity prices, and digesting quarterly updates from U.S. and Canadian companies. With the Federal Reserve's monetary policy announcement due on Wednesday, the mood is likely to remain a bit cautious.
RTTNews | 205 ngày trước
Wall Street Likely To Open Higher; Market Eyes More Earnings, Fed Policy

Wall Street Likely To Open Higher; Market Eyes More Earnings, Fed Policy

Wall Street is likely to open the event-filled week higher as stocks look headed for a positive start Monday morning with investors continuing to digest recent earnings updates and awaiting more earnings news from top notch firms, and the Federal Reserve's monetary policy announcement.
RTTNews | 205 ngày trước
HNI Corp. Q1 Results Top Estimates

HNI Corp. Q1 Results Top Estimates

HNI Corp. (HNI) reported Monday that net income attributable to the company for the first quarter surged to $17.7 million or $0.37 per share from $1.6 million or $0.04 per share in the year-ago quarter.
RTTNews | 205 ngày trước
JinkoSolar Q1 Profit Declines - Update

JinkoSolar Q1 Profit Declines - Update

JinkoSolar Holding Co., Ltd. (JKS) reported Monday that net income attributable to the company's ordinary shareholders for the first quarter declined to RMB609.40 million or US$84.40 million from RMB788.65 million in the prior-year quarter. Earnings per ADS were RMB5.36 or US$0.74, compared to RMB14.95 last year.
RTTNews | 205 ngày trước

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