Berita Forex
European Stocks Close Lower Ahead Of Crucial Economic Data
European stocks closed on a weak note on Tuesday as investors closely followed the political scene and digested some corporate news from the region, besides looking ahead to U.S. consumer income & spending data for clues about the outlook for Federal Reserve's monetary policy moves.
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Canadian Market Drifts Lower After Inflation Data
The Canadian market is down in negative territory Tuesday morning, weighed down by data showing the nation's consumer price inflation unexpectedly increased in May.
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US Consumer Confidence Dips On Weaker Economic Expectations
Consumer confidence in the U.S. eased slightly in June as households' economic expectations eroded, survey data from the Conference Board showed Tuesday. The Conference Board Consumer Confidence Index fell to 100.4 from 101.3 in May. Economists had expected a reading of 100.
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Spirit Aero Stock Dips On Reports Of Boeing Changing Terms Of Acquisition Offer
Spirit AeroSystems shares were losing more than 5 percent in morning trade on the NYSE after Bloomberg reported that Boeing Co. changed the acquisition terms to stock offer from cash offer. Boeing has now offered to buy its key supplier Spirit AeroSystems Holdings Inc. for about $35 per share in a mostly stock deal, Bloomberg reported citing people familiar with the matter.
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Eli Lilly Collaborates With OpenAI To Use Generative AI To Invent Novel Antimicrobials
Eli Lilly and Co. (LLY) announced Tuesday a collaboration with OpenAI that will allow Lilly to leverage OpenAI's generative AI to invent novel antimicrobials to treat drug-resistant pathogens.
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DuPont To Acquire Donatelle Plastics For Undisclosed Terms
Chemical company DuPont de Nemours, Inc. or DuPont (DD) announced Tuesday it has signed an agreement to acquire Donatelle Plastics Inc., a medical device contract manufacturer specializing in the design, development and manufacture of medical components and devices.
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GM Defense Provides Commercial Battery Electric Technology For Future Military Platforms
GM Defense LLC, a subsidiary of General Motors Co. (GM), said Tuesday it is providing commercial battery electric technology in support of the University of Texas at Arlington (UTA) Pulsed Power and Energy Laboratory (PPEL) and Naval Surface Warfare Center Philadelphia Division (NSWCPD).
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Heritage Financial Names Bryan McDonald To Succeed Jeffrey Deuel As President And CEO
Heritage Financial Corp. (HFWA), the parent company of Heritage Bank, on Tuesday named Bryan McDonald to succeed Jeffrey Deuel as President and CEO of Heritage Bank and President of Heritage Financial Corp., effective July 1, 2024.
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Carisma Says FDA Grants Fast Track Designation For CT-0525 In HER2-Overexpressing Solid Tumors
Biopharmaceutical company Carisma Therapeutics, Inc. (CARM) announced Tuesday that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for CT-0525, an ex vivo gene-modified autologous chimeric antigen receptor-monocyte (CAR-Monocyte) cellular therapy intended to treat solid tumors that overexpress human epidermal growth factor receptor 2 (HER2).
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Conagra Brands Partners Microsoft And EY To Boost AI Capabilities With Human-Centered Approach
Conagra Brands, Inc. (CAG) announced Tuesday it is advancing its artificial intelligence solutions through a human-centered approach in collaborations with Microsoft Corp. (MSFT) and Ernst & Young LLP (EY). This approach will prioritize responsible use of AI across the company.
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Ford Recalls About 550,000 2014 Model Year F-150 Vehicles
Ford Motor Co. (F) on Tuesday issued a recall for a total of 552,188 2014 model year F-150 pick-up trucks in the United States due to a Powertrain Control Module (PCM) issue, the National Highway Traffic Safety Administration said on Tuesday.
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Bay Street May Open Slightly Weak; Inflation Data In Focus
Weak crude oil prices and European stocks point to a negative start for the Canadian market Tuesday morning. However, the data on Canadian inflation, due ahead of the opening bell, is expected to set the mood for the market.
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IGT Wins Contract From Ohio Lottery Commission For Video Lottery Terminal Central Monitoring System
International Game Technology plc (IGT) announced Tuesday that it has won a competitive bidding process to provide the Ohio Lottery Commission's video lottery terminal (VLT) central monitoring system, with a contract effective May 31, 2024 through June 30, 2033.
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