Category: Investing.com
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Asia FX weak, dollar at over 2-week high before more rate, inflation cues By Investing.com
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Investing.com — Most Asian currencies fell on Thursday, while the dollar rose above two-week highs on caution ahead of more key signals on U.S. inflation and interest rates in the coming days. Regional currencies are still reeling from a series of hawkish signals from the Federal Reserve, with officials warning…
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Dollar steadies ahead of U.S. growth, inflation data By Investing.com
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Investing.com – The U.S. dollar settled near two-week highs in early European trading on Thursday, supported by rising yields and increasing conviction that the Federal Reserve won’t cut interest rates anytime soon. At 04:35 EDT (08:35 GMT), the dollar index, which tracks the greenback against a basket of six other…
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FCPT Announces Acquisition of a National Veterinary Associates Property for $2.0 Million By Investing.com
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MILL VALLEY, Calif.–( BUSINESS WIRE )– Four Corners Property Trust (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-lease restaurants and retail properties. (FCPT or the Company) is pleased to announce the acquisition of the property of National Veterinary Associates for $2.0…
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FCPT Announces Acquisition of a National Veterinary Associates Property for $2.0 Million By Investing.com
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MILL VALLEY, Calif.–( BUSINESS WIRE )– Four Corners Property Trust (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-lease restaurants and retail properties. (FCPT or the Company) is pleased to announce the acquisition of the property of National Veterinary Associates for $2.0…
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U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 1.51% By Investing.com
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Investing.com – US stocks were mixed after the close on Friday, as gains in , sectors led stocks higher while losses in , sectors sent stocks lower. At the end of trading on the New York Stock Exchange, the index rose by 1.51%, while the index added 0.80%, and the…
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USD/CAD expected to weakned into year end By Investing.com
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UBS analysts highlighted the possibility of the Bank of Canada (BoC) implementing an interest rate cut ahead of the US Federal Reserve, amid fears of an economic slowdown. The Canadian dollar (CAD) is expected to face modest inflationary pressures as a result. UBS expects the Bank of Canada to make…
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Ulta Beauty reports growth and updates full-year outlook By Investing.com
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Ulta Beauty, Inc. (NASDAQ:) reported a 3.5% increase in net sales reaching $2.7 billion in the first quarter of 2024, with comparable sales growing by 1.6%. Despite a challenging environment, the company showed resilience with an operating profit of 14.7% of sales and a diluted earnings per share (EPS) of…
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UBS sees NZD/USD on shaky ground amid economic headwinds By Investing.com
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UBS has expressed caution regarding the New Zealand dollar (NZD), citing a challenging economic outlook and the potential for underperformance against other major currencies. The pair has traded within a range of 0.59 to 0.62 recently, with relatively high interest rates in New Zealand providing some support despite the weakness…
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Citi Trends names Ken Seipel as interim CEO, releases Q1 results By Investing.com
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SAVANNAH, GA – Citi Trends, Inc. announced… (NASDAQ: CTRN), a value-added retailer of apparel, accessories and home trends, announced the appointment of Ken Sippel as interim CEO, effective June 2, 2024. David McQueen has resigned as CEO and member of the Board of Directors but will serve as a senior…
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Dollar rebounds ahead of PCE release; euro slips after German retail sales By Investing.com
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Investing.com – The US dollar rose slightly in early European trade on Friday, rebounding from the previous session’s losses ahead of key inflation data, which could push future interest rate expectations. At 04:30 EST (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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Japan stocks higher at close of trade; Nikkei 225 up 1.27% By Investing.com
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Investing.com – Japanese stocks rose after the close on Friday, as gains in the stock sector led shares higher. At the close in Tokyo, the index rose by 1.27%. Among today’s leading stocks was Sumitomo Dainippon Pharma (TYO:), which rose 6.64%, or 19.00 points, to trade at 305.00 at the…
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Baosheng Media Group Holdings Limited Announces Filing of Current Report on Form 6-K with the SEC regarding Pending Legal Proceeding By Investing.com
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BEIJING, China, May 31, 2024 (GLOBE NEWSWIRE) — Baosheng Media Group Holdings Limited (NASDAQ: BAOS) (Baosheng or the Company), a China-based online marketing solutions provider, today announced that on May 9, 2024, the company filed a current report on Form 6-K to the U.S. Securities and Exchange Commission (“SEC”) in…
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Asia FX weakens as China PMIs disappoint; Dollar steady before PCE data By Investing.com
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Investing.com — Most Asian currencies fell on Friday, with China’s yuan heading back towards six-month lows after disappointing business activity readings, while the dollar steadied in anticipation of key inflation data. Regional currencies also remained under pressure amid lingering concerns about US interest rates rising for longer, as hawkish comments…
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US futures fall further amid rate jitters; PCE test approaches By Investing.com
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Investing.com — U.S. stock index futures fell in overnight trading Thursday, extending losses as fears of higher interest rates and slowing growth led to a two-day rout on Wall Street, with focus now turning to key personal consumption expenditures data for more signals about… Inflation. . Investors were also on…
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Dollar rebounds as equities dip, eyes on Treasury auctions By Investing.com
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Investing.com – On Wednesday, the DXY index rose past the 105 mark. This move sparked debates among market watchers about whether this signifies the beginning of a new upward trend or is merely a continuation of range trading amid a period of low volatility. The recent pattern of weak results…
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Vanda Pharmaceuticals Announces Participation in the Jefferies 2024 Global Healthcare Conference By Investing.com
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Washington, May 30, 2024 /PRNewswire/ — Vanda Pharmaceuticals Inc. (NASDAQ:) Vanda (Nasdaq: VNDA) announced today that the company will participate in the Jefferies 2024 Global Healthcare Conference in… New York City on Thursday, June 6, 2024. A corporate presentation is scheduled 2:00 PM EST. The company’s presentation at the Jefferies…
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JPMorgan notes easing dollar long positions in May By Investing.com
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JPMorgan highlighted the shift in currency market dynamics, noting a decline in the value of the dollar in May after a period of large long positions at the end of April. The bank’s analysis indicated that currency-only hedge funds had a more modest stance on the dollar in April compared…
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New report shows Samsung’s Galaxy S24 Series is dominating AI smartphone market By Investing.com
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According to a report by Counterpoint Research, Samsung’s Galaxy S24 (KS:) series dominated the AI smartphone market in the first quarter of this year. The company said the latest research from its global phone model sales tracker shows that smartphones equipped with GenAI technology contributed 6% to global smartphone sales…
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Goldman sees Indian Rupee as defensive in EM FX carry strategy By Investing.com
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Goldman Sachs has highlighted the Indian Rupee (INR) as one of the standout currencies in the Emerging Markets Forex (EM FX) pool, due to its high carry to volatility ratio. The firm noted that the attractiveness of the Indian rupee is further enhanced when combined with short trades in Euro…
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Clearwater Analytics Study Reveals 55% of Institutional Investors Set to Boost Their Alternative Investments By Investing.com
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New research reveals key trends, opportunities and challenges facing Institutional investors In alternative investments Boise, Idaho, May 30, 2024 /PRNewswire/ — Clearwater Analytics CWAN (NYSE: CWAN), a leading global provider of SaaS-based investment management, accounting, reporting and analytics solutions, today announced the release of its 2024 State of Alternatives study.…