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  • Tue. May 7th, 2024

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  • European Shares Seen Tad Higher At Open

European Shares Seen Tad Higher At Open

[ad_1] (RTTNews) – European stocks are seen opening a tad higher on Friday in light pre-Christmas trade. Financial markets in the U.K. will close early today for Christmas. Asian markets…

OpenText Receives All Regulatory Approvals For Acquisition Of Micro Focus

[ad_1] (RTTNews) – OpenText (OTEX, OTEX.TO) said that it has received all regulatory approvals for the proposed acquisition of Micro Focus International plc (MCRO.L). The acquisition is expected to close…

Singapore Bourse May Run Out Of Steam On Friday

[ad_1] (RTTNews) – The Singapore stock market has moved higher in two straight sessions, gathering more than 15 points or 0.5 percent along the way. The Straits Times Index now…

Akebia Receives Interim Response From FDA To Appeal For Vadadustat

[ad_1] (RTTNews) – Akebia Therapeutics, Inc. (AKBA) Thursday announced an interim response from FDA to its Formal Dispute Resolution Request regarding the Complete Response Letter received in March 2022 for…

BHP Enters Into Scheme Implementation Deed To Buy OZ Minerals In A$9.6 Bln Deal

[ad_1] (RTTNews) – BHP Group Limited said that it has entered into a Scheme Implementation Deed to buy Australia’s OZ Minerals Ltd. (OZL.AX, OZMLY.PK) for a cash price of A$28.25…

FDA Okays Roche’s Actemra For Treatment Of COVID-19 In Hospitalized Adults

[ad_1] (RTTNews) – The U.S. Food and Drug Administration has approved Roche’s (RHHBY) Actemra (tocilizumab) intravenous (IV) for the treatment of COVID-19 in hospitalized adult patients who are receiving systemic…

FTSE 100 Gains In Cautious Trade

[ad_1] (RTTNews) – U.K. stocks were moving higher on Wednesday, as investors picked up consumer discretionary stocks heading into the festive weekend. In economic releases, the U.K. budget deficit was…

Sensex, Nifty Stare At Positive Start On Wall Street Cues

[ad_1] (RTTNews) – Indian shares are seen opening higher on Wednesday as investors react to positive global cues and await the release of MPC meeting minutes of the RBI later…

Losing Streak May Continue For Thai Stock Market

[ad_1] (RTTNews) – The Thai stock market has finished lower in three straight sessions, sinking more than 15 points or 0.9 percent along the way. The Stock Exchange of Thailand…

Asian Shares Retreat On Recession Worries

[ad_1] (RTTNews) – Asian stocks fell broadly on Monday amid lingering worries over a possible recession and uncertainty over China’s economic reopening as the country battled a wave of COVID…

Sensex, Nifty See Modest Gains In Cautious Trade

[ad_1] (RTTNews) – Indian shares were seeing modest gains in cautious trade on Monday despite weak cues from global markets. The benchmark S&P BSE Sensex jumped 160 points, or 0.3…

Hong Kong Shares Predicted To Open Under Pressure

[ad_1] (RTTNews) – The Hong Kong stock market bounced higher again on Friday, one session after halting the two-day winning streak in which it had gathered almost 210 points or…

Hexagon Invests $100 Mln In Divergent Technologies

[ad_1] (RTTNews) – Hexagon AB (HXGBF.PK), a Swedish information technology firm, said on Friday that it is investing $100 million in Divergent Technologies Inc., an automaker focused on green manufacturing…

Recession Fears Seen Dragging Down European Stocks

[ad_1] (RTTNews) – Markets in Europe are expected to remain muted amidst overwhelming anxiety regarding prolonged period of interest rate hikes. Close on the heels of the Fed’s rate hike…

Soft Start Anticipated For Hong Kong Stock Market

[ad_1] (RTTNews) – The Hong Kong stock market on Thursday wrote a finish to the two-day winning streak in which it had gathered almost 210 points or 1.1 percent. The…

CECONOMY FY Adj. Operating Profit Declines; Sales Up 3.2%

[ad_1] (RTTNews) – CECONOMY AG (MTAGF.PK, MTTRY.PK) reported that its fiscal year 2021/22 adjusted operating earnings or adjusted EBIT was 197 million euros compared to 237 million euros, prior year.…

Ericsson Agrees To Extend Term Of Independent Compliance Monitor For One Year To June 2024

[ad_1] (RTTNews) – Telecom equipment makerEricsson (ERIC) said Wednesday that it has agreed with the U.S. Department of Justice and Securities and Exchange Commission to extend the term of the…

Win Streak May Continue For Indonesia Stock Market

[ad_1] (RTTNews) – The Indonesia stock market has climbed higher in two straight sessions, gaining more than 95 points or 1.3 percent along the way. The Jakarta Composite Index now…

Malaysia Shares May Stop The Bleeding On Wednesday

[ad_1] (RTTNews) – The Malaysia stock market has ticked lower in consecutive trading days, easing almost 7 points or 0.5 percent in that span. The Kuala Lumpur Composite Index now…

WEC Energy Issues 2023 Earnings Guidance; To Raise Quarterly Dividend

[ad_1] (RTTNews) – WEC Energy Group (WEC) said it expects calendar year 2023 earnings to be in a range of $4.58 to $4.62 per share. The company noted that the…

Asian Shares Decline On Fed, China COVID Worries

[ad_1] (RTTNews) – Asian stocks declined on Monday as data on U.S. producer prices sent mixed signals on inflation and China faced a surge in virus 19 cases after partially…

Sensex, Nifty Open Lower On Weak Global Cues

[ad_1] (RTTNews) – Indian shares opened lower on Monday amid weak global cues and ahead of industrial production and retail inflation readings due later in the day. Global sentiment soured…

Elon Musk’s Twitter To Relaunch Subscription Service Twitter Blue On Monday

[ad_1] (RTTNews) – Elon Musk’s Twitter will relaunch its subscription service “Twitter Blue” on Monday at a higher price for Apple users. The subscription will cost $8 per month to…

AbbVie Presents Data For Navitoclax Combination For JAK Inhibitor-Naïve Myelofibrosis Patients

[ad_1] (RTTNews) – AbbVie (ABBV) said the exploratory analysis from Cohort 3 of the Phase 2 REFINE study of investigational navitoclax in combination with ruxolitinib in JAK inhibitor-naïve patients with…

Swiss Re Proposes Vanessa Lau, Pia Tischhauser As Board Members

[ad_1] (RTTNews) – Reinsurer Swiss Re Ltd. (SSREY.PK) Friday said its Board of Directors will nominate Vanessa Lau and Pia Tischhauser for election as new members at the upcoming Annual…