Dollar retreats after PCE data points to cooling inflation; Powell set to speak
The U.S. dollar retreated in early European trade Friday, as a key inflation release added to expectations that U.S. interest…
Pfizer shares slip after drugmaker announces obesity pill setback
Shares in Pfizer (NYSE:PFE) slumped in early trading on Friday after the drugmaker said that the twice-daily form of its…
Earnings call: Duluth Holdings reports Q3 sales decline, eyes growth through new products and strategic investments
Duluth Holdings Inc (NASDAQ:DLTH) reported a 6.1% decrease in third-quarter net sales to $138 million, compared to the same period…
Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm
(Reuters) – U.S.-listed shares of Alibaba (NYSE:BABA) Group Holding dipped on Friday following a Morgan Stanley downgrade on concerns over…
Earnings call: Cansortium Reports record revenue and cash flow generation in Q3 2023
Cansortium (OTC:CNTMF) Inc., a leading medical cannabis company, reported significant growth in its third-quarter 2023 earnings call, with record revenue…
Earnings call: Patterson Companies adjusts fiscal 2024 guidance amid macroeconomic challenges
Patterson Companies, Inc. has reported a mixed performance in its second-quarter fiscal 2024 earnings call, with growth in some areas…
AstraZeneca halts Phase III trials for kidney disease treatment
AstraZeneca (NASDAQ:AZN) plc has announced the discontinuation of its Phase III STABILIZE-CKD and DIALIZE-Outcomes trials, which were investigating treatments for…
EV maker Fisker slashes 2023 production target
(Reuters) – Electric-vehicle maker Fisker (NYSE:FSR) said on Friday it will scale down production this month, and produce lesser cars…
Signify to cut jobs in revamp to save 200 million euros annually
(Reuters) – Signify is to cut jobs as part of a restructuring that is targeting annual savings of 200 million…
Bank of Montreal misses profit estimates as rainy-day funds grow
(Reuters) – Bank of Montreal on Friday reported a smaller than expected quarterly profit, pressured by rising expenses and as…