Indian shares look set to open on a positive note Monday despite weak cues from global markets. Underlying sentiment may remain supported somewhat after Narendra Modi was sworn in as Prime Minister at Rashtrapati Bhavan Sunday for a rare third term. The Union Cabinet for the 18th Lok Sabha includes 30 cabinet ministers, five ministers...
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from global markets on Friday, as traders react to data showing much stronger than expected US job growth in the month of May and also an unexpected uptick in the unemployment rate. The data faded hopes of a rate cut by...
Indian shares opened on a steady note Monday after Narendra Modi was sworn in as Prime Minister for a rare third term and the Bharatiya Janata Party (BJP) retained at least 31 ministers in the Union Cabinet for the 18th Lok Sabha, indicating the continuity of programs. The upside was capped as a stronger-than-expected U.S....
Lake Worth, Florida-based Green Life Farms is recalling one lot of its 4-ounce containers of Baby Arugula citing the potential to be contaminated with Salmonella, according to the U.S Food and Drug Administration. The recall involves the product in a 4-ounce, clear plastic package marked with the lot code #LW15124. The recalled products, with a...
European stocks are seen opening on a sluggish note Monday as a snap election call in France sparked wider political concerns and weighed on the euro. Stock futures slipped as French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right parties. Italian Prime Minister Giorgia Meloni\'s...
Food distributor HF Foods Group Inc. (HFFG) announced Monday the final resolution of the previously disclosed formal, non-public investigation by the staff of the U.S. Securities and Exchange Commission into allegations that the Company and/or its former executives violated United States securities laws. The Company agreed to payment of a civil monetary penalty of $3.9...
Neogen Corp. (NEOG), a provider of food safety solutions, announced Monday that the U.S. Department of Agriculture Food Safety and Inspection Service (USDA FSIS) has named the Neogen Molecular Detection System (MDS) as its primary method to be used for the detection of Salmonella and Listeria monocytogenes testing for meat, poultry and egg products. USDA...
Moderna, Inc. (MRNA) announced Monday that its Phase 3 trial of mRNA-1083, an investigational combination vaccine against influenza and COVID-19, has met its primary endpoints. Moderna is the only company with a positive Phase 3 flu and COVID combination vaccine. mRNA-1083 elicited higher immune responses against influenza virus and SARS-CoV-2 than licensed flu and COVID...
Medical technology company BioSig Technologies, Inc. (BSGM) announced Monday the appointment of Ferdinand Groenewald to the position of interim Chief Financial Officer. Groenewald is a certified public accountant with significant experience in finance and accounting. He currently serves as Vice President, Finance at Alaunos Therapeutics, Inc. Previously, he served as an Independent Outside Director at...
A stronger-than-expected job market update from the U.S. on Friday diminished rate cut hopes and boosted the U.S. dollar during the week ended June 7. The U.S. dollar\'s gains against the euro, the British pound, the Canadian dollar as well as the Swedish krona eclipsed the strength of the Japanese yen as well as the...