Frances private sector expanded in August for the first time since April driven by the upturn in services activity, flash survey results from S&P Global showed on Thursday. The composite output index rose to 52.7 in August from 49.1 in July. The score was forecast to remain unchanged at 49.1. This was the first time...
Biopharmaceutical company Intra-Cellular Therapies, Inc. (ITCI) announced Tuesday positive topline results from Study 502 evaluating lumateperone 42 mg as an adjunctive therapy to antidepressants for the treatment of Major Depressive Disorder (MDD). This trial, in conjunction with the previously reported positive Phase 3 study, Study 501, forms the basis for lumateperone sNDA for the adjunctive...
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by much less than expected in the month of August. ADP said private sector employment rose by 99,000 jobs in August after climbing by a downwardly revised 111,000 jobs in July. Economists had expected private sector employment to...
Procaps Group, S.A. (PROC) announced Friday that Ruben Minski has resigned from his role as Executive Chairman of the Board, effective June 30. Minski will continue to serve as a member of the Board of Directors. The Board of Directors of the Company has appointed Jose Minski, currently a member of the Board and Chair...
The U.S. dollar drifted lower against its major counterparts on Thursday after data showing a much bigger than expected increase in U.S. jobless claims added to recently renewed optimism that the Federal Reserve will lower interest rates in the coming months. The report said initial jobless claims climbed to 231,000, an increase of 22,000 from...
Compass Pathways plc (NASDAQ:CMPS), a leading pharmaceutical company, has reported a series of stock transactions by director Ekaterina Malievskaia, according to a recent SEC filing. Malievskaia has sold a significant number of shares, resulting in a total sale value of over $700,000. The transactions, which took place on March 12 and 13, involved the sale...
Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC.“We actually came in good faith to meet with the SEC. I think we met with them 16 times...
As we all get ready for the New Year and think about making some resolutions,consider including some investing resolutions as part of your plan.Many of us resolve to live a more healthy life.Your investment strategy should take into account the life you want to lead for the long run.Informed investors make better investing decisions.With that...
The pound traded lower on Wednesday, amid a resurgence in the U.S. dollar ahead of key inflation data. Personal consumption expenditures price index, scheduled for release on Thursday, may influence investor expectations about the Fed\'s potential moves on interest rates. On Tuesday, Fed Governor Michelle Bowman said inflation will continue to decline further but it\'s...
The Thai stock market has moved lower in three straight sessions, slipping more than 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,300-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets suggests little movement ahead of key...