Business News

generalmotors feb06 01dec21 lgAuto giant General Motors (GM) has raised its 2021 profit outlook reflecting demand for vehicles in the U.S., despite ongoing global shortage of chips that has affected the auto manufacturer's production. According to CFO Paul Jacobson, General Motors now expects full-year 2021 adjusted EBIT to be...
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Teleflex Recalls Certain Arrow-Trerotola Over-The-Wire PTD Kit

Teleflex Inc., a provider of medical technologies for critical care and surgery, is recalling Arrow-Trerotola Over-The-Wire PTD Kit Percutaneous Thrombolytic Device: 7FR, the U.S. Food and Drug Administration said. The Arrow-Trerotola Percutaneous Thrombolytic Device or PTD Catheter, in conjunction with the Arrow Rotator Drive Unit, permits mechanical declotting of native arterio-venous or AV...
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Splunk Loss Widens In Q3 On Higher R&D

California-based tech company Splunk Inc. (SPLK), reported a wider net loss in the third quarter due to higher expenditure in research and development. The net loss reported by Splunk was $343.32 million or $2.14 loss per share, compared to $201.53 million or $1.26 loss per share in the last...
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Australia Home Loans Sink 4.1% In October

The value of owner-occupied home loans in Australia was down a seasonally adjusted 4.1 percent on month in October, the Australian Bureau of Statistics said on Thursday - coming in at A$19.84 billion. That missed forecasts for an increase of 1.0 percent following the 2.7 percent decline in September. Investment...
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LEG Immobilien In Deals To Buy 30.9 Percent Stake In Brack Capital Properties For EUR 328 Mln

German property company LEG Immobilien AG announced separate agreements to acquire 30.9 percent stake in Brack Capital Properties N.V. or BCP, an Israeli real estate company. The total purchase price for the stake amounts to 328 million euros, corresponding to a discount of 4 percent on NAV as of...
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GAN Rises 5% In Morning Trade

Shares of GAN Limited (GAN), a business-to-business supplier of internet gambling software-as-a-service solutions, are up more than 5% on the news of it launching exclusive Ainsworth Game Technology Limited online gaming content via GAN's SuperRGS content aggregation platform.
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LendingTree To Present At Stephens Annual Investment Conference; Webcast At 2:00 PM ET

LendingTree, Inc. (TREE) will participate in the Stephens Annual Investment Conference taking place at the Omni Nashville. The event is scheduled to begin at 2:00 PM ET on December 1, 2021. To access the live webcast, log on to http://investors.lendingtree.com
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Economic Calendar
12/01/21 19:30Retail Sales (M-o-M)OCT Australia
12/01/21 19:30Investment LendingOCT Australia
12/01/21 19:30Home LoansOCT Australia
12/01/21 19:30Trade BalanceOCT Australia
12/01/21 19:30ImportsOCT Australia
12/01/21 19:30ExportsOCT Australia
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