U.K. Inflation Rebounds Above Bank of England Target; China Holds Benchmark Lending Rates Steady
China held its benchmark lending rates steady , a highly anticipated move following a steep cut to borrowing costs last month. Major Chinese lenders kept 1-year and 5-year loan prime rates steady at 3 ...
Nio's stock dives as earnings, outlook disappoint despite record deliveries
The U.S.-listed shares of Nio Inc. took a dive in early Wednesday trading, after the China-based battery electric-vehicle maker reported disappointing third-quarter results, as they missed ...
Sage Therapeutics to end Huntington's disease trial after key therapy fails again
Sage Therapeutics Inc.'s stock (SAGE) fell 2% early Wednesday after the company said it would cease the development of a treatment for cognitive impairment associated with Huntington's disease after a ...
Pfizer names oncology chief and company veteran Boshoff as chief scientific officer
Pfizer Inc. (PFE) named oncology chief and company veteran Chris Boshoff as its new chief scientific officer on Wednesday, replacing Mikael Dolsten starting Jan. 1.
Nvidia earnings will drive stocks tied to AI's growth. Here's what to look for.
Nvidia (NVDA) will release third-quarter earnings after the U.S. market close today. There's a lot more riding on this report than just Nvidia's stock price: about 70% of long-only funds tracked by ...
Motorsports Are Key for PWR
As of June 30, 2024, PWR had no debt and has a net cash position of AUD 22 million. We forecast the firm taking on minor debt in fiscal 2025 to fund a new factory in Australia. Beyond 2026, we expect ...
Traders trim Bank of England rate cut bets after U.K. inflation rebounds
The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain's inflation last month. The U.K.'s Office for National ...
Target's stock rocked after triple-miss earnings report amid 'unique' challenges
Shares of Target Corp. took a dive in early Wednesday trading, and were headed for their worst day in more than two years, after the retail giant reported a triple miss for the fiscal third-quarter ...
Pfizer Gets European Approval of Hympavzi Hemophilia Drug
Pfizer said the green light makes Hympavzi the first once-weekly subcutaneous treatment in the European Union for people with severe hemophilia B and the first to be administered via a pre-filled pen ...
Deutsche Telekom Markets 10.5-Year Euro Benchmark Bond
German telecommunications company Deutsche Telekom is marketing a euro-denominated 10.5-year benchmark bond set to mature on June 4, 2035, it said Wednesday. The corporate bond is a senior unsecured ...
NIO Net Loss Widens on Lower Revenue Amid EV Pricing Pressure — Update
The results missed the consensus estimates of a 4.75 billion yuan loss on revenue of 19.14 billion yuan, according to a Visible Alpha poll.
Pfizer names oncology chief Chris Boshoff as new chief scientific officer
Pfizer Inc. (PFE) named oncology chief Chris Boshoff as its new chief scientific officer on Wednesday, replacing Mikael Dolsten starting Jan. 1. The drug company had been searching for a new chief ...