Category: Investing.com
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Hormel Foods senior VP sells shares worth $327,000 By Investing.com
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In a recent transaction, Kevin L. Myers, Senior Vice President of the company, said: Hormel Foods Company Nike Inc. (NYSE:) sold 10,000 shares of the company’s common stock. The shares were sold at an average price of $32.70, for a total value of $327,000. The sale was recorded on Sept.…
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ACV auctions executive sells $1.5 million in company stock By Investing.com
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According to a recent filing with the Securities and Exchange Commission, Michael Waterman, chief sales officer of ACV Auctions Inc. (NASDAQ:ACVA), sold 75,000 shares of the company’s stock. The shares were sold on September 17, 2024, at an average price of $20.24, for a total net proceeds of approximately $1.5…
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Asia FX muted as dollar rises past bumper rate cut; yen down before BOJ By Investing.com
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Most Asian currencies moved in a flat-to-low range on Thursday as the dollar rose sharply after a large interest rate cut by the Federal Reserve was offset by less dovish signals on future interest rates. The Japanese yen was among the worst performing currencies on the day, falling amid pressure…
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Astria Therapeutics to Present at Upcoming European Academy of Dermatology and Venerology Congress By Investing.com
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BOSTON–(BUSINESS WIRE)–Asteria Therapeutics, Inc. (Nasdaq: ATXS), a biopharmaceutical company focused on developing life-changing therapies for allergic and immune diseases, today announced that it will present preliminary data for nafinibart alfa-star at the upcoming European Academy of Dermatology & Venereology (EADV) Congress in Amsterdam, the Netherlands on September 26, 2024. Dr.…
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Poland stocks higher at close of trade; WIG30 up 0.11% By Investing.com
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Investing.com – Polish stocks were higher after the close on Thursday, as gains in the industrials and services sectors led shares higher. At the close of trading in Warsaw, the index was up 0.11%. The best performers in the session were: Dino Polska SA (WA:), which rose 6.34% or 19.80…
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US easing cycle to weaken dollar, help euro to rise: UBS By Investing.com
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The U.S. Federal Reserve’s monetary easing cycle that began on Wednesday should weaken the U.S. dollar and thus help the euro rise, UBS strategists said in a note. The Federal Reserve began its easing cycle by cutting interest rates by 50 basis points at its September meeting, and is expected…
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Dollar bounces after Fed-inspired losses; sterling gains ahead of BoE By Investing.com
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The U.S. dollar rose slightly on Thursday, recovering from its lowest level in more than a year after the Federal Reserve announced a large interest rate cut, while sterling rose ahead of the Bank of England’s latest policy meeting. At 04:25 ET (08:25 GMT), the dollar index, which tracks the…
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SoundThinking executive sells shares worth nearly $2,000 By Investing.com
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Nasim Golzadeh, CEO of SoundThinking, Inc. (NASDAQ:SSTI) and executive vice president of Investigative Solutions, recently sold a portion of his stake in the company. The deal involved the sale of 166 shares of common stock on September 10, at prices ranging from $11.92 to $12.01, for a total of nearly…
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Esperion CEO Sheldon Koenig sells shares worth over $26k By Investing.com
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Sheldon L. Koenig, CEO of Esperion Therapeutics, Inc. (NASDAQ:ESPR), sold a total of 14,550 shares of the company’s common stock. The transaction, which occurred on September 17, 2024, was executed at a price of $1.796 per share, resulting in a total sale value of $26,131. According to the filing, the…
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France stocks mixed at close of trade; CAC 40 down 0.57% By Investing.com
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Investing.com – French stocks were mixed after the close on Wednesday, as gains in the , and stocks sectors led higher while losses in the , and stocks sectors led lower. At the close of the Paris Stock Exchange, the US stock market index fell by 0.57%, while the index…
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US stocks mixed with Fed, rate cut on tap By Investing.com
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Investing.com – Stocks on Wall Street moved around both sides of the flat line on Wednesday as investors focused ahead of a historic decision by the Federal Reserve that is likely to lead to its first interest rate cut since March 2020. By 09:53 ET (13:53 GMT), the benchmark index…
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Nvidia gets a new bull on Wall Street as William Blair starts at buy By Investing.com
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NVIDIA (NVDA) made a fresh surge on Wall Street as William Blair initiated coverage of the stock with an Outperform rating, citing the company’s leadership in parallel computing and its dominant position in the artificial intelligence industry. According to the company, “Nvidia (NASDAQ:) has a long and rich history of…
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Japan stocks higher at close of trade; Nikkei 225 up 0.37% By Investing.com
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Investing.com – Japanese stocks were higher after the close on Wednesday, as gains in the banking and services sectors led shares higher. At the end of trading in Tokyo, the index rose by 0.37%. The best performers in the session were: M3 Company (TYO:), which rose 5.30% or 71.50 points…
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Asia FX firm, dollar drifts lower with Fed rate cut in sight By Investing.com
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Most Asian currencies rose on Wednesday, while the dollar fell as markets braced for a widely expected interest rate cut by the Federal Reserve later in the day. Public holidays in Hong Kong and South Korea limited overall trading volumes, while the Chinese yuan weakened as domestic trade resumed after…
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Asia FX firms, yen strong as dollar retreats on bets of bigger rate cut By Investing.com
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Asian currencies rose on Tuesday, with the Japanese yen nearing a 2024 high as the dollar retreated amid growing bets that the Federal Reserve will cut interest rates by a wide margin this week. Regional trading volumes were subdued due to holidays in markets in China and South Korea. Anticipation…
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Terns Pharmaceuticals director buys $5 million in company stock By Investing.com
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In a recent deal, Hongbo Lu, a director at Terns Pharmaceuticals, Inc. (NASDAQ:TERN), bought a significant amount of the company’s stock, signaling a strong vote of confidence in the company’s future prospects. The deal, which closed on September 12, involved the acquisition of 476,190 shares at $10.50 per share, for…
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Terns Pharmaceuticals director buys $5 million in company stock By Investing.com
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In a recent deal, Hongbo Lu, a director at Terns Pharmaceuticals, Inc. (NASDAQ:TERN), bought a significant amount of the company’s stock, signaling a strong vote of confidence in the company’s future prospects. The deal, which closed on September 12, involved the acquisition of 476,190 shares at $10.50 per share, for…
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Nutanix CFO sells over $1.4m in company stock By Investing.com
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Nutanix, Inc. (NASDAQ:) CFO Sivaraman Rukmini recently sold a significant portion of the company’s stock, as disclosed in a recent filing with the Securities and Exchange Commission. The transactions, which took place on September 17, 2024, involved the sale of 20,368 shares at a weighted average price of $58.7452, and…
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Peloton CFO Elizabeth Coddington sells $174k in company stock By Investing.com
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In a recent move, Elizabeth F. Coddington, CFO of Peloton Interactive, Inc. (NASDAQ:), sold a significant portion of her company’s stock. The deal, which took place on September 16, 2024, involved the sale of 36,819 shares at a weighted average price of $4.63 to $4.82, resulting in a total value…
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Capital Economics sees rough year ahead for Mexican assets By Investing.com
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Capital Economics has Expected poor performance The Mexican peso and broader financial assets are expected to decline in the coming year due to political and economic instability. The peso, which has recently fallen about 15% against the dollar since early April, is still seen as overvalued despite its sharp decline…