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lyonsmagnus aug11 lgLyons Magnus LLC has expanded its initial recall of nutritional and beverage products to include additional brands and code dates, the U.S. Food and Drug Administration announced. The products were recalled due to the potential for microbial contamination, including from the organisms Cronobacter sakazakii and Clostridium botulinum.
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lyonsmagnus aug11

Lyons Magnus Expands Recall Of Nutritional And Beverage Products



Lyons Magnus LLC has expanded its initial recall of nutritional and beverage products to include additional brands and code dates, the U.S. Food and Drug Administration announced. The products were recalled due to the potential for microbial contamination, including from the organisms Cronobacter sakazakii and Clostridium botulinum.
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deutschetelekom may09 11aug22

Deutsche Telekom Lifts FY22 View Despite Weak Q2 Profit; Stock Up



Shares of Deutsche Telekom AG were gaining more than 1 percent in the morning trading in Germany after the telecom major on Thursday raised its fiscal 2022 earnings outlook again, despite reporting lower profit in its second quarter. Adjusted EBITDA AL, a key earnings metric, increased, while adjusted EBITDA AL margin dropped.
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Romania Inflation Eases Slightly In July



Romania's consumer price inflation eased for the first time in eight months in July, though marginally, data from the National Institute of Statistics showed on Thursday. Consumer price inflation slowed to 15.0 percent in July from 15.1 percent in June. Economists had forecast inflation to moderate...
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M&A

Hagerty To Buy Remaining 60% Of Broad Arrow For $64.8 Mln In Shares



Hagerty, Inc.(HGTY), an automotive lifestyle brand, said on Wednesday that it has inked a deal to buy the remaining 60 percent shares of the Broad Arrow Group for $64.8 million in an all-stock transaction. The transaction, expected to be closed on August 16, will provide immediate growth opportunities...
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Tidewater Prices Public Offering Of Shares At $17.85/shr



Tidewater Inc. (TDW) that owns and operates fleets of offshore vessels for supporting energy exploration, production, generation and offshore wind activities worldwide, on Wednesday announced the pricing of its registered underwritten public offering of 3.52 million shares at $17.85 per share.
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Jumia Technologies Spikes On Lower Q2 Loss



Jumia Technologies AG (JMIA) shares are gaining more than 17 percent on Wednesday morning trade after the company reported loss for the second quarter, lower than the prior year. The quarterly loss was $51.19 million compared to loss of $68.96 million a year ago. The company continues to expect...
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XL Group Q2 22 Earnings Conference Call At 5:00 PM ET



XL Fleet Corp. (XL) will host a conference call at 5:00 PM ET on August 9, 2022, to discuss its Q2 22 Earnings result. To access the live webcast, log on at https://investors.xlfleet.com/overview/default.aspx To listen to the replay, dial 844-512-2921 (US) or 412-317-6671 (International) with passcode is 10169416.
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Economic Calendar
DateIndicatorPeriodCountry
08/11/22 2:0CPI (Y-o-Y)JUL Romania
08/11/22 2:0CPI (M-o-M)JUL Romania
08/11/22 Financial Account Balance - BoPJUN Turkey
08/11/22 Current Account Balance - BoPJUN Turkey
08/11/22 Capital Account Balance - BoPJUN Turkey
08/11/22 Interest Rate Decision- Mexico
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