Texas Industry Remains Sluggish — Dallas Fed
Texas factory activity continued to falter this month, suggesting the sector's outlook remains weak. The Texas Manufacturing Outlook Survey, published Monday, was broadly stable at minus 14.5 in April ...
Deciphera Shares Hit 2-Year High After $2.4 Billion Buyout Offer From ONO Pharma
Deciphera Pharmaceuticals shares hit a two-year high after receiving a buyout offer from ONO Pharmaceutical for $25.60 a share in cash, through a tender offer with a total equity value of $2.4 billion ...
Couche-Tard Gets TSX Green Light to Buy Back up to 10% of Public Float
Shares are relatively flat so far in the year, falling about 0.4% year-to-date and closing on Friday at 77.75 Canadian dollars ($56.88). The stock is up 15% over the last 52 weeks. At Friday's closing ...
German Inflation Remains Steady in Further Sign of Eurozone Easing
Consumer prices were on average 2.2% higher than in April of last year, the same rate booked in March, according to national-standard figures set out Monday by German statistics authority Destatis.
Addex Therapeutics Shares Plunge Premarket on Epilepsy Study Failure
U.S.-listed shares Addex Therapeutics plunged nearly 60% in premarket trading Monday after the clinical-stage biopharmaceutical company reported the failure of a mid-stage study of a proposed epilepsy ...
BYD's Profit Rose Despite Price Cuts
Revenue rose 4.0% on-year to CNY124.94 billion, despite price cuts throughout the quarter by carmakers including BYD and Tesla amid slowing demand. Sales of BYD's electric and hybrid vehicles rose 13% ...
European Midday Briefing: Fed Rate Decision, Earnings in Focus This Week
European stocks traded higher on Monday, at the start of a pivotal week for markets, with the Federal Reserve's rate decision and new employment data awaited. "The market is currently pricing that the ...
North American Morning Briefing: Investors Brace for This Week's Earnings, Fed Decision
The Federal Reserve's policy announcement on Wednesday may show whether investors are right to lose hope of looming interest-rate cuts.
North American Morning Briefing: Investors Brace -2-
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PetroChina's First-Quarter Net Profit Rose on Higher Sales
PetroChina, the listed arm of state-owned China National Petroleum Corp., said Monday that its net profit rose 4.7% from a year earlier to 45.68 billion yuan ($6.30 billion). Revenue rose 10.9% on ...
U.S. Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.2%. Changes in futures do not necessarily predict movements after the opening bell.
AIA Shares Rise After Buybacks Boosted, Business Growth Beat
Hong Kong-based AIA on Monday said it would raise an existing buyback program to US$12 billion from US$10 billion in view of a "very strong financial position," adding that it had set a payout ratio ...