Planet Fitness, Inc. (PLNT) announced Tuesday that it has appointed Colleen Keating as the Company\'s Chief Executive Officer, effective June 10, 2024. At that time, Craig Benson will resign as Interim CEO but will continue to serve as a member of the Company\'s Board of Directors. The company said Keating\'s appointment is the culmination of...
The South Korea stock market has moved lower in three straight sessions, slumping almost 100 points or 3.6 percent along the way. The KOSPI now sits just beneath the 2,610-point plateau and it may see mild upside on Wednesday. The global forecast for the Asian markets suggests little movement, with bargain hunting pitted against interest...
The Malaysia stock market has finished lower in four straight sessions, sinking more than 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it\'s likely to remain in that neighborhood again on Wednesday. The global forecast for the Asian markets suggests little movement,...
The Singapore stock market has moved lower in four straight sessions, slipping more than 90 points or 3 percent along the way. The Straits Times Index now rests just beneath the 3,145-point plateau and it\'s looking at a steady start on Wednesday. The global forecast for the Asian markets suggests little movement, with bargain hunting...
Japan posted a merchandise trade surplus of 366.5 billion yen in March, the Ministry of Finance said on Wednesday. That beat forecasts for a surplus of 107.4 billion yen following the upwardly revised 377.8 billion yen deficit in February (originally -379.4 billion yen). Exports were up 7.3 percent on year to 9.469 trillion yen after...
The Taiwan stock market has tracked lower in five straight sessions, slumping almost 900 points or 4.4 percent along the way. The Taiwan Stock Exchange now sits just above the 19,900-point plateau and it may stop the bleeding on Wednesday. The global forecast for the Asian markets suggests little movement, with bargain hunting pitted against...
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the three-day slide in which it had fallen more than 30 points or 1 percent. The Shanghai Composite Index now sits just beneath the 3,010-point plateau and it\'s expected to see little movement on...
U.S. stocks closed sharply lower on Friday, as geopolitical tensions, inflation worries and mixed earnings and guidance from major banks rendered the mood a bit bearish. The major averages all ended in the red. The Dow ended with a loss of 475.84 points or 1.24 percent at 37,983.24. The S&P 500 drifted down 75.65 points...
The U.S. dollar climbed higher on Friday as escalating geopolitical tensions prompted investors to seek the safe-haven currency. Uncertainty about interest rate cuts before June contributed as well to the dollar\'s rise. The dollar index surged to 106.11 around late morning, and held firm thereafter. The index was last seen at 106.02, up 0.7% from...
The Canadian market ended weak on Friday on widespread selling as concerns about inflation, uncertainty about the likely timing of interest rate cuts, and rising geopolitical tensions weighed on sentiment. All the sectoral indices ended in negative territory. Healthcare, technology, communications, consumer discretionary, utilities, energy, materials and financials stocks fell. The benchmark S&P/TSX Composite Index...