-- Most Asian stocks stuck to a tight range on Thursday in anticipation of more cues on U.S. inflation and interest rates, while losses in Japanese markets extended into a fourth straight session amid persistent jitters over the Bank of Japan. Regional stocks took a middling lead-in from Wall Street, as investors continued to digest...
The Japanese yen weakened against other major currencies in the European session on Wednesday, as investors digested mixed earnings results and looked ahead to the release of more U.S. data this week for clues on when the Federal Reserve will begin cutting interest rates. Meanwhile, new data showed earlier today that German wholesale prices continued...
TOKYO (Reuters) - Japanese state-backed fund Japan Investment Corp (JIC) will start a tender offer for chip materials maker JSR Corp\'s shares on March 19 after it obtained Chinese regulators\' approval, Bloomberg News reported on Thursday. The tender offer was slated to begin at the end of last year but JIC in December postponed it,...
Biotechnology company Voyager Therapeutics, Inc. (VYGR) announced the appointment of Toby Ferguson as Chief Medical Officer (CMO), effective March 25, 2024. Ferguson most recently served as Vice President, Head of Neuromuscular Development Unit at Biogen, Inc. Joining Biogen in 2013, Ferguson held positions of increasing responsibility, including as Medical Director, Senior Medical Director, Executive Medical...
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(Reuters) - Delta Air Lines (NYSE:DAL) said late on Wednesday it will resume flights to Israel starting June 7, becoming the second major U.S. carrier to do so following the Oct. 7 attack by Hamas militants on southern Israel. Delta said it will begin daily flights between New York-JFK and Tel Aviv on an Airbus...
-- Chinese new energy vehicle stocks sank on Thursday, tracking overnight declines in their U.S. peers, particularly Tesla Inc, following a report that U.S. electric vehicle maker Rivian was facing bankruptcy. Shares of Xpeng (NYSE:XPEV) Inc (HK:9868) and NIO Inc (HK:9866) slid more than 4% each in Hong Kong trade, underperforming a 0.2% decline in...
On Wednesday, Citi adjusted its outlook for Starbucks Corporation (NASDAQ:SBUX), reducing the coffee giant\'s price target to $102 from the previous $103 on its shares, while maintaining a Neutral rating on the stock. The firm\'s analysis highlighted several factors that could potentially shift its stance to a more bullish view on Starbucks shares. The firm...
On Wednesday, Roth/MKM adjusted its outlook on Phunware, Inc. (NASDAQ:PHUN), a software company specializing in digital transformation. The firm reduced its price target on the stock to $20 from $25 but maintained a Buy rating. The adjustment comes as Phunware enters 2024 with significantly improved financial stability, boasting $17 million in cash reserves and a...
On Wednesday, Roth/MKM has increased the price target for Bowman Consulting Group Ltd. (NASDAQ: BWMN) to $49, up from the previous target of $45, while reiterating a Buy rating on the shares. The adjustment reflects a positive outlook on the company\'s future EBITDA. The firm\'s analysis suggests a robust funding environment, particularly benefiting Bowman\'s operations...