Nikada/E+ via Getty Images The Asia-Pacific equity market were mixed on Monday after fresh data showed the Chinese economy grew less than expected in Q2 of 2024 amid mounting internal and external headwinds, and the market participants were also nervous following an assassination attempt on former US President Trump Saturday.Continue Reading
loveguli The Asia-Pacific equity market was mostly higher on Friday as investors absorbed the latest economic data from China, and also investors weighed mixed signals on Wall Street in the wake of a cooler-than-expected US inflation report. Japan (NKY:IND) -2.45%. The Nikkei index tumbled after BOJ conducted rate checks withContinue Reading
Packaged foods company Conagra Brands (NYSE:CAG) guided fiscal 2025 profit below expectations and reported mixed fourth quarter results, sending its shares down as much as 4.7% on Thursday. The company said it expects to earn adjusted earnings between $2.60 and $2.65 per share in 2025, below the average analyst estimateContinue Reading
The major stock were higher Wednesday, with investors tuning into Federal Reserve Chairman Jerome Powell’s second day of testimony to Congress. The S&P 500 (SP500) was up +0.32%, Nasdaq Composite (COMP:IND) was up +0.63%, but the Dow Jones (DJI) was down -0.04%. The 10-year Treasury yield (US10Y) was flat atContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.24% Germany (DAX:IND) +0.20% France (CAC:IND) -0.08% Industrial production in Austria shrank 4.1% Y/Y in May. Industrial production in Slovakia fell 0.1% Y/Y in May. The annual inflation rate in the Czech Republic eased further to 2% in June. The annual consumer inflation rateContinue Reading
Traders and investors have watched Wall Street’s major market averages trade mixed on Monday, as participants look ahead to important inflation reports and earnings scheduled for later in the week. The tech focused Nasdaq Composite (COMP:IND) has climbed 0.1%, the benchmark S&P 500 (SP500) trades near even, and the blue-chipContinue Reading
tupungato/iStock via Getty Images iBio (NYSE:IBIO) filed for a mixed shelf offering with the SEC up to a maximum aggregate offering price of $150M. The offering can include common stock, preferred stock, various series of debt securities and/or warrants to purchase any of such securities, either individually or as units inContinue Reading
Avid Bioservices press release (NASDAQ:CDMO): Q4 GAAP EPS of -$1.94 misses by $1.90. Revenue of $42.98M (+8.0% Y/Y) beats by $0.84M. As of April 30, 2024, the company’s backlog was $193 million, consistent with a backlog of $191 million at the end of the same quarter last year. The companyContinue Reading
Scienjoy Holding (OTCPK:STLJF) on Monday filed a prospectus related to a proposed mixed shelf offering of up to $250 million. The prospectus also entailed the resale of about 11.50M class A ordinary shares by selling stockholders. This prospectus is not an offer to sell these securities. SEC Filing More onContinue Reading
primeimages/E+ via Getty Images Asia-Pacific equity markets started the second half of the year on a positive note as investors digested the mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturing firms improved to a two-year-high in Q2 amid an improving economic outlook. Japan (NKY:IND)Continue Reading
