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The Australian and NZ dollars dropped against their major counterparts in the Asian session on Monday, as China's industrial production and retail sales data came in below market expectations in July, in a sign that the Covid lockdowns and a downturn in the property market are clouding the economic growth. Data...

henkel aug15 German consumer goods maker Henkel AG & Co. reported Monday weak profit in its first half amid increasing costs, despite growth in sales. Further, the company maintained its adjusted earnings forecast for fiscal 2022, but raised outlook for organic sales growth.For fiscal 2022, the company continues to expect adjusted earnings per preferred share to decline in the range of 15 percent to 35 percent

Swiss drug major Novartis AG (NVS) announced Monday that the Phase III CANOPY-A study evaluating adjuvant treatment with canakinumab (ACZ885) did not meet its primary endpoint of disease-free survival or DFS versus placebo in non-small cell lung cancer. The trial of ACZ885, an inhibitor of interleukin-1beta...

AstraZeneca PLC said Enhertu significantly delayed disease progression in DESTINY-Breast02 phase III trial versus physician's choice of treatment in patients with HER2-positive metastatic breast cancer. The trial results confirmed the efficacy and safety profile seen in DESTINY-Breast01 and were consistent...

Henkel (HENOY.PK, HENKY.PK) reported that its adjusted operating profit or adjusted EBIT for the first half of 2022 declined 18.5% to 1.17 billion euros from last year's 1.43 billion euros mainly due to significantly higher prices for direct materials. Adjusted earnings per preferred share were at...

HelloFresh SE (HLFFF, HFG.F) reported that its second quarter adjusted EBITDA declined to 145.9 million euros from 157.8 million euros, prior year. Revenue were approximately 1.96 billion euros, a year-on-year growth of 16% on a constant currency basis. With 8.0 million active customers in the second...

Swiss drug major Roche Holding AG (RHHBY) announced Monday the launch of the Elecsys IGRA SARS-CoV-2 test in countries that accept the CE Mark. The Elecsys IGRA SARS-CoV-2 test is intended as an aid in identifying individuals with an adaptive T-cell response to SARS-CoV-2, which is indicative of past...

The Special Committee of independent directors of Turquoise Hill Resources Ltd. (TRQ.TO) found Rio Tinto's privatization proposal did not reflect full & fair value of the company. The Special Committee has terminated its review and consideration of Rio Tinto's proposal to acquire all of the outstanding...

Opthea Limited (OPT, OPT.AX) said that it has secured up to US$170 million in non-dilutive financing to advance the ongoing phase 3 clinical trials and pre-commercialization activities of OPT-302 for wet age-related macular degeneration. The financing consists of a US$120 million commitment and has an...

Innovative Eyewear Inc. (LUCY, LUCYW), a developer and retailer of cutting-edge eyeglasses and sunglasses, said that it has priced its initial public offering of 980,000 units consisting of 980,000 shares of its common stock and two accompanying Warrants to purchase up to 1.96 million shares of common...

wallstreet oct15 12aug22 Following the significant downturn seen over the course of Thursday's session, stocks showed a strong move back the upside during trading on Friday. With the rally on the day, the major averages reached new three-month closing highs.

wallstreet oct01 12aug22 Stocks moved mostly higher in early trading on Friday and have seen further upside over the course of the session. The major averages have climbed firmly into positive territory following the significant downturn seen in the previous session.

betelgeuseoutburst 081222 Analyzing data from NASA's Hubble Space Telescope and several other observatories, astronomers have concluded that the bright red supergiant star Betelgeuse blew its top in 2019, losing a substantial part of its visible surface and producing a gigantic Surface Mass Ejection (SME). This is something never before seen in a normal star's behavior, according to NASA. Sun routinely blows off parts of

consumer sentiment 081222 Consumer sentiment in the U.S. has improved by much more than expected in the month of August, according to preliminary data released by the University of Michigan on Friday. The report showed the consumer sentiment index jumped to 55.1 in August from 51.5 in July. Economists had expected the index to inch up to 52.5.

wallstreet aug24 12aug22 Stocks have moved mostly higher in morning trading on Friday, rebounding following the significant downturn seen over the course of the previous session. The major averages have all moved to the upside but remain below yesterday's intraday highs.

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