Gold Edges Lower As Dollar Rebounds Gold traded slightly lower on Tuesday but held above $1,900 per ounce as recession worries mount. Spot gold dipped 0.4 percent to $1,907.24 per ounce, while U.S. gold futures were down 0.6 percent at $1,909.40. The dollar edged higher in European trade after having hit a seven-month low in […]
China House Prices Fall Further On Subdued Demand China’s average new home prices declined further at the end of the year amid lower demand as well as tight financial conditions at developers’ side amid ongoing pandemic woes, reports said Monday, citing data from the National Bureau of Statistics. New house prices in 70 large and […]
Ashmore Group Q2 AUM Rises Sequentially Ashmore Group Plc (ASHM.L), an asset manager focused on emerging markets, said in a trading update for the quarter to December 31, 2022 that its assets under management have gone up with modest easing of global macro concerns, which supported emerging markets to deliver strong returns over the quarter. […]
KIA Police Car At Auto Expo 2023 Kia India unveiled its new purpose-built vehicle version of the Kia Caren at the Auto Expo 2023. Photographs curated by Manisha Kotian/Rediff.comFeature Presentation: Rajesh Alva/Rediff.com KIA Police Car At Auto Expo 2023 Kia India unveiled its new purpose-built vehicle version of the […]
Taiwan Semiconductor Stock Up 5% On Quarterly Results Shares of Taiwan Semiconductor Manufacturing Company Limited (TSM) are gaining over 5% on Thursday morning after the company reported its fourth-quarter results. TSM is currently trading at $86.38, up $4.60 or 5.63%, on the NYSE. The stock opened its trading at $81.57 after closing Wednesday’s trading at […]
Pre-market Movers: ORMP, XPON, YTEN, KNOP, OPGN… The following are some of the stocks making big moves in Thursday’s pre-market trading (as of 06.50 A.M. ET). In the Green Expion360 Inc. (xpon) is up over 53% at $2.42.Yield10 Bioscience, Inc. (YTEN) is up over 42% at $3.00.OpGen, Inc. (OPGN) is up over 21% at $2.80.Bed […]
P3 Health Partners Reaffirms FY22 Outlook P3 Health Partners Inc. (PIII) reaffirmed its full-year 2022 financial guidance and also issued an outlook for the full-year 2023. For the full-year 2022, P3 is reaffirming the revenue guidance range of between $1.025 billion and $1.075 billion, representing a 61% to 69% increase over 2021. The at-risk Medicare […]
Gold Futures Settle Slightly Weak Gold futures settled lower on Tuesday as the dollar firmed on bets the Federal Reserve will continue to hike rates longer than earlier thought. Comments from a slew of Fed officials suggest the U.S. central bank will likely hike rates beyond 5% this year and hold them around those levels […]
Bed Bath & Beyond Inc Q3 Loss Increases, misses estimates Bed Bath & Beyond Inc (BBBY) revealed Loss for its third quarter that increased from last year and missed the Street estimates. The company’s earnings came in at -$392.97 million, or -$4.33 per share. This compares with -$276.43 million, or -$2.78 per share, in last […]
Albireo Pharma Spikes On Agreement To Be Acquired By Ipsen Albireo Pharma, Inc. (ALBO) shares are surging more than 92 percent on Monday morning trade on a definitive agreement to be acquired by Ipsen (IPSEY.TO) for $42 per share in cash. The deal is worth $952 million and one contingent value right of $10.00 per […]