logo

Breaking News

Share

The U.S. dollar held firm against its major opponents in the New York session on Friday, as core personal consumption expenditure price index, the Federal Reserve's preferred measure of inflation, increased more than expected in August, supporting expectations that the central bank will continue to raise...

consumer sentiment2 093022 Consumer sentiment in the U.S. improved by less than initially estimated in the month of September, according to revised data released by the University of Michigan on Friday. The University of Michigan said the consumer sentiment index for September was downwardly revised to 58.6 from the preliminary estimate of 59.5.

chicagopmi 093022 Chicago-area business activity unexpectedly contracted in the month of September, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer slumped to 45.7 in September from 52.2 in August, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 51.8.

personalincome 093022 Personal income in the U.S. increased in line with economist estimates in the month of August, according to a report released by the Commerce Department on Friday. The Commerce Department said personal income rose by 0.3 percent in August, matching the upwardly revised increase in July as well as expectations.

wallstreet aug20 30sep22 Stocks have shown a lack of direction over the course of morning trading on Friday, with the major averages bouncing back and forth across the unchanged line following the wild swings seen over the two previous sessions. Currently, the major averages are turning in a mixed performance.

The International Association of Machinists and Aerospace Workers has informed Deere & Co. (DE) that its production and maintenance employees have ratified a new four-year collective bargaining agreement that covers 900 workers at the John Deere Horicon Works in Horicon, WI. Negotiations between...

Carnival Corporation & plc (CCL) reported Friday that net loss for the third quarter sharply narrowed to $770 million or $0.65 per share from $2.84 billion or $2.50 per share in the prior-year quarter. Excluding items, adjusted net loss for the quarter were $688 million, compared to $1.99 billion...

Aterian, Inc. (ATER), a consumer product platform, on Friday announced the pricing of a registered direct offering of 10.52 million shares and accompanying warrants of $20.2 million at a combined price of $1.90. The pre-funded warrants will have an exercise price of $0.0001 per share. The accompanying...

Altria Group, Inc. (MO) said the company exercised its option to be released from its JUUL non-competition obligations, resulting in: the permanent termination of the company's non-competition obligations to JUUL; the loss of its JUUL board designation rights; preemptive rights, consent rights and certain...

hyper sep30 Fremont, California-based Hyper Products Inc. is recalling HyperJuice branded USB-C battery packs and stackable GaN USB-C chargers citing fire risk, the U.S. Consumer Product Safety Commission said. The recall involves about 13,700 units of HyperJuice 130W USB-C Battery Pack and Kits sold in the U.S.,about 151 sold in Canada and about 7 sold in Mexico.

iranianpetroleumproducts sept30 The United States has imposed sanctions on an international network of companies involved in the sale of hundreds of millions of dollars' worth of Iranian petrochemicals and petroleum products to end users in South and East Asia. The Department of the Treasury's Office of Foreign Assets Control (OFAC) targets Iranian brokers and several front companies in the UAE, Hong Kong, and India that have f

Titan Machinery Inc. (TITN), a dealer of agricultural and construction equipment, said on Friday that it appointed Robert Larsen as its new chief financial officer with effect from December 1. Larsen replaces Mark Kalvoda who, in April this year, had announced his resignation to pursue other opportunities. Kalvoda...

Civista Bancshares, Inc. (CIVB) Friday announced a definitive agreement pursuant to acquiring Pittsburgh-based Vision Financial Group, Inc. The transaction in cash and shares of Civista common stock is expected to close on October 3. The acquisition of full-service general equipment leasing & financing...

American Electric Power (AEP) has signed an amended agreement on the sale of its Kentucky operations to Liberty. The company expects to close on the sale in January 2023 following approval of the transaction from the FERC, which is due by Dec. 16. "The updated timeline for closing the sale will not...

Ballard Power Systems (BLDP) said the company plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. As part of this strategy called 'local for local', the company has entered into an investment agreement with the...

Follow RTT