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The euro recovered from early lows against the other major currencies in the pre-European session on Friday. The euro rose to 1.0629 against the U.S. dollar and 1.0796 against the Swiss franc, from early 4-day lows of 1.0589 and 1.0777, respectively. Against the pound, the euro advanced to 0.8457...

The Australian dollar strengthened against the other major currencies in the pre-European session on Friday. The Australian dollar rose to 4-day highs of 1.4205 against the euro and 85.50 against the yen, from early lows of 1.4218 and 84.93, respectively. Against the U.S., the New Zealand and...

Pharma-120916.jpg Shares of Horizon Pharma plc (HZNP) plunged over 22% on failure of the company's phase III trial of Actimmune in Friedreich's ataxia to meet its primary endpoint.

The euro weakened against most major currencies in the Asian session on Friday, following the European Central Bank's decision to extend its monthly bond buying program till the end of December 2017, although at a slower pace of 60 billion euros a month. In the policy session in Frankfurt on Thursday,...

Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) announced positive results from a Phase 3, multicenter double-blind, randomized, vehicle-controlled clinical study to assess the safety and efficacy of IDP-118 (halobetasol propionate and tazarotene) lotion in the treatment of plaque psoriasis. Within...

The Japanese yen weakened against the other major currencies in the Asian session on Friday. The yen fell to a 4-day low of 114.65 against the U.S. dollar, from yesterday's closing value of 114.03. Against the euro, the pound and the Swiss franc, the yen dropped to 121.46, 144.13 and 112.61 from...

The euro weakened against most major currencies in the Asian session on Friday. The euro fell to 4-day lows of 1.0589 against the U.S. dollar and 1.0777 against the Swiss franc, from yesterday's closing quotes of 1.0612 and 1.0787, respectively. Against the pound, the euro dropped to a 3-day...

The Canadian stock market is trading slightly to the upside Thursday morning. The market is trading around its highest level in 19 months. Financial stocks are leading the way higher this morning, helping to offset weakness among gold and energy stocks. Markets in Europe are trading in the green Thursday....

EUR-USD1-120816.jpg The euro fell against its major counterparts in the European session on Thursday, retreating from its recent highs, after the European Central Bank kept its key interest rates on hold and decided to extend its monthly bond buying program till the end of December 2017, although at a slower pace of 60...

The euro trimmed its early gains against its major rivals in the European session on Thursday, after the European Central Bank left its key interest rates unchanged and retained its asset purchases of EUR 80 billion a month till March, while tapering them to EUR 60 billion a month from April 2017. The...

Canadian stocks look to carry positive momentum from the previous session Thursday, with Toronto's main index touching a 19-month high on gains among banks and resource producers. The S&P/TSX Composite Index jumped near 15,100 on Wednesday, despite signs the rally in crude oil prices was petering...

Endo International plc (ENDP) said that it has entered into an agreement with its partner, BioDelivery Sciences International Inc. (BDSI), to return the BELBUCA (buprenorphine) buccal film product to BDSI. Specific financial terms of the agreement have not been disclosed and are not material to Endo. Endo...

Cenovus Energy Inc. (CVE.TO, CVE) announced the company plans to invest between $1.2 billion and $1.4 billion in 2017, a 24% increase compared with the forecast capital spending for 2016. Cenovus plans to direct approximately 70% of its 2017 capital budget towards sustaining its oil sands production...

The euro strengthened against its most major counterparts in the European session on Thursday, ahead of the monetary policy decision from the European Central Bank, with analysts expecting an extension of monthly bond buying program to support crumbling Eurozone amid Italy turmoil and Brexit. The...

Cimzia-120816.jpg A little over two months after reporting positive results from its first late-stage psoriasis trial, Dermira Inc. (DERM) is back with some more good news for its investors.

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