European Shares Seen Up As Yields Dip Ahead Of Key US Data European stocks may open a tad higher on Tuesday as U.S. Treasuries extended overnight gains on expectations that upcoming U.S. inflation, labor market and manufacturing data could come in soft. The July report on U.S. job openings is due later in the day […]
Crude Oil Extends Surge Amid Ongoing Supply Concerns Extending the rally seen over the past several sessions, the price of crude oil showed another significant move to the upside during trading on Friday. Crude for October delivery surged $1.92 or 2.3 percent to $85.55 a barrel, closing higher for the seventh straight session. The price […]
Adams County Sheriff asks public’s help in locating shooting suspect The Adams County Sheriff’s Office is asking the public’s help in locating a shooting suspect. The shooting happened Aug. 19 near Dakin Street and Hilltop Circle, the sheriff’s office said in a news release. A victim was seriously injured. Investigators believe the suspect was driving […]
Eurozone M3 Money Supply Shrinks, Bank Lending Growth Weakens Eurozone broad money supply posted its first decline in more than a decade, and bank lending grew at a slower pace in July as higher borrowing costs dampen the growth outlook, official data revealed on Monday. The monetary aggregate M3 dropped 0.4 percent from a year […]
Emergency Declared In California As Tropical Storm Hilary Drenches South Tropical Storm Hilary drenched southern California as it produced unprecedented record rains. California’s governor Gavin Newsom declared a state of emergency as schools closed, flights were cancelled and trees fell down. Landslides and floods were reported in many parts of Southern California, southern Nevada and […]
Gold Futures Settle Lower As Dollar Rises After Powell's Speech Gold futures settled lower on Friday as the dollar gained in strength after Fed Chair Jerome Powell said at the Jackson Hole Symposium that further interest rate increases could be necessary in the fight against inflation. The dollar index, which dropped to 103.74 around mid […]
Marvell Technology Group Ltd. Q2 Earnings Summary Below are the earnings highlights for Marvell Technology Group Ltd. (MRVL): Earnings: -$207.5 million in Q2 vs. $4.3 million in the same period last year. EPS: -$0.24 in Q2 vs. $0.01 in the same period last year. Excluding items, Marvell Technology Group Ltd. reported adjusted earnings of $290.2 […]
Cigna Removes Addl 600+ Medical Services From Prior Authorization Cigna Group’s Cigna Healthcare said it has removed nearly 25 percent of medical services from prior authorization or precertification requirements. With the move, the health benefits provider aims to simplify the health care experience for both customers and clinicians. The company will also remove prior authorization […]
ITeos Therapeutics Gains 30% After Roche "Accidentally" Publishes Positive Results From Cancer Study
European Economic News Preview: Eurozone Foreign Trade Data Due Foreign trade data from the euro area is the top economic news due on Thursday, headlining a light day for the European economic news. At 12.30 am ET, unemployment data from the Netherlands and consumer confidence from Norway are due. At 4.00 am ET, Norway’s central […]
Kohl`s Corp. Bottom Line Declines In Q2, but beats estimates Kohl`s Corp. (KSS) revealed a profit for second quarter that decreased from last year but beat the Street estimates. The company’s bottom line came in at $58 million, or $0.52 per share. This compares with $143 million, or $1.11 per share, in last year’s second […]