Trading in the U.S. index futures suggests that Wall Street stocks may open Tuesday's session notably lower, joining the global market rout. The reason is not any different, as China threw up additional evidence of a wobbly economy. Two separate surveys showed that China's factory activity contracted,...
British manufacturing expansion slowed in August, defying expectations for a modest improvement, survey figures from the Chartered Institute of Procurement & Supply and Markit Economics showed Tuesday. The purchasing managers' index fell to 51.5 from 51.9 in July. Economists had expected a score of 52. A PMI reading above 50 suggests expanding activity.
Bonduelle USA Inc. of Brockport, New York is recalling 9,335 cases of frozen corn because of possible contamination with the deadly bacterium Listeria monocytogenes. The problem came to light when the product was tested at retail by the State of Tennessee.
Here is a quick summary of the earnings reported after the bell on August 31.
Adept Technology, Inc. (ADEP)
GAAP net loss attributable to common shareholders was $1.4 million, or $0.10 per share, compared with net loss of $0.4 million, or $0.03 per share a year ago.
Revenues for the fourth...
The European markets are set to open lower on Tuesday as another batch of disappointing Chinese economic figures rekindled worries over global growth.
An official gauge of Chinese manufacturing activity slumped to a three-year low in August and Caixin's final August PMI number indicated that activity...
TiGenix NV's (TGXSF.OB) lead compound Cx601 has met the primary endpoint in a phase III trial in Crohn's disease patients with complex perianal fistulas. Based on the positive phase III results, the company plans to submit a Marketing Authorisation Application to EMA early 2016.
Stocks moved mostly lower over the course of the trading day on Monday, giving back some ground following the recovery seen last week. The markets rebounded after moving lower in early trading but moved back to the downside as the day progressed.
U.S. crude oil surged to end a near 9 percent high on Monday, after official data showed domestic output in the U.S. to have declined significantly, even as reports indicate concerns of the Organization of the Petroleum Exporting Countries over the steep fall in prices.
Oil prices found support after...
With the 2016 presidential campaign already getting into full swing, the results of a new Quinnipiac University poll found that a vast majority of American voters are dissatisfied with the way things are going in the nation.
Gold futures ended lower on Monday, on investor concerns over the outlook for U.S. interest rates, although the loss was limited with the dollar weakening against a basket of some major currencies.
However, gold prices gained about 3.4 percent for the month.
Investors also weighed some hawkish...
After coming pressure early in the session, stocks have regained some ground over the course of the trading day on Monday. The major averages have climbed well off their worst levels of the day but remain in the red.
Vermont Senator Bernie Sanders, I-Vt., has seen a sharp jump in support in the first-in-the-nation caucus state of Iowa, according to a new Des Moines Register/Bloomberg Politics Iowa Poll. The poll found that Sanders is the first choice of 30 percent of likely Democratic caucusgoers.
Stocks have come under pressure in early trading on Monday, giving back some ground following the rebound seen last week. The major averages have slid firmly into negative territory, although selling pressure has waned since the open.
What will be impact of an earthquake-induced powerful tsunami in the thickly populated eastern Mediterranean region?
Scientists of the University of Bologna in Italy and Aristotle University of Thessaloniki in Greece did a detailed evaluation of the tsunamigenic zones off the cities Sicily and Crete.
Business activity in the Chicago area unexpectedly grew at a slower rate in the month of August, according to a report released by MNI Indicators on Monday. MNI Indicators said its Chicago business barometer dipped to 54.4 in August from 54.7 in July.