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wallstreet july19 28jan22 Extending the extreme volatility seen throughout the week, stocks have shown another significant turnaround during trading on Friday. After moving to the downside early in the session, the major averages have bounced well off their lows and into positive territory.

consumer sentiment 012822 Consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of January, according to revised data released by the University of Michigan on Friday. The report showed the consumer sentiment index for January was downwardly revised to 67.2 from a preliminary reading of 68.8.

wallstreet oct16 28jan22 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. The choppy trading comes following the extreme volatility seen over the past few sessions.

The U.S. dollar erased its early gains against its key counterparts in the European session on Friday, as the latest inflation data lessened expectations for an aggressive tightening of monetary policy by the U.S. Federal Reserve. Data from the Commerce Department showed that the annual rate of core...

personal income 012822 A report released by the Commerce Department on Friday showed personal income in the U.S. increased by less than expected in the month of December. The Commerce Department said personal income rose by 0.3 percent in December after climbing by an upwardly revised 0.5 percent in November.

Merck (MRK) and Ridgeback Biotherapeutics reported data from six preclinical studies showing that molnupiravir, an investigational oral antiviral COVID-19 medicine, was active against the Omicron variant in In Vitro studies. The in vitro studies were independently conducted by researchers from institutions...

wallstreet oct19 28jan22 Following the notable pullback seen over the course of the previous session, stocks may see further downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 122 points.

The Securities and Futures Commission or SFC in Hong Kong has fined Citigroup Global Markets Asia Limited HK$348.25 million for allowing various trading desks under its Cash Equities business to disseminate mislabelled Indications of Interest and make misrepresentations to institutional clients when...

Water technology firm Badger Meter, Inc. (BMI) reported Friday that net earnings for the fourth quarter increased to $17.28 million or $0.59 per share from $13.09 million or $0.45 per share in the prior-year quarter. On average, five analysts polled by Thomson Reuters expected the company to report...

A report released by the Commerce Department on Friday showed personal income in the U.S. increased by less than expected in the month of December.

Automotive products firm Gentex Corp. (GNTX) reported on Friday that net income for the fourth quarter plunged to $84.18 million or $0.35 per share from 143.34 million or $0.58 per share in the prior-year quarter. Net sales for the quarter declined to $419.84 million from $529.86 million in the same...

India's communications solutions provider Bharti Airtel and Google will partner on a long-term, multi-year agreement to bring best-in-class end-to-end products to serve customer needs. As part of the partnership, Google plans to invest up to $1 billion, as part of its Google for India Digitization Fund....

Blueprint Medicines Corporation (BPMC) said the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a positive opinion, recommending to expand the current indication for AYVAKYT to include monotherapy for the treatment of adult patients with aggressive systemic...

Eli Lilly and Company (LLY) said, based on top-line efficacy results from two pivotal phase 3 trials (SLE-BRAVE-I and II), the company has decided to discontinue the phase 3 development program for OLUMIANT in lupus. The company is working with investigators to appropriately conclude the phase 3 SLE...

Biotechnology company Novavax, Inc. (NVAX) and Israel's Ministry of Health today announced Friday an agreement for the purchase of NVX-CoV2373, the company's recombinant nanoparticle protein-based COVID-19 vaccine candidate with Matrix-M adjuvant. The Novavax vaccine would be the first protein-based...

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