Verano Holdings Shares Decline as Lawsuit Challenges Federal Marijuana Restrictions
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Verano Holdings Shares Decline as Lawsuit Challenges Federal Marijuana Restrictions

Verano Holdings' stock saw a 7% decline after a lawsuit was filed against federal marijuana restrictions. Other cannabis companies also experienced drops in share value.

Roblox Receives Wall Street Support, Stock on Rise
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Roblox Receives Wall Street Support, Stock on Rise

Roblox receives support from Wall Street analysts ahead of its earnings report, with expectations of surpassing estimates and achieving high growth potential.

Mexico's Exports Decline, Trade Deficit Widens in September
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Mexico's Exports Decline, Trade Deficit Widens in September

Mexico experienced a trade deficit in September as exports of factory-made goods declined for the first time since April. Despite this, imports of consumer goods and machinery remained strong.

Lawsuit Challenges Federal Prohibition of Cannabis
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Lawsuit Challenges Federal Prohibition of Cannabis

TerrAscend Corp., Green Thumb Industries, Verano Holdings, Ascend Wellness Holdings, Poseidon Investment Management, and Eminence Capital have jointly hired a prominent law firm to challenge the federal prohibition of cannabis and its impac...

SKF to Explore Strategic Options for Aerospace Business
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SKF to Explore Strategic Options for Aerospace Business

Swedish ball-bearing maker SKF intends to refocus on core areas related to aeroengine and aerostructure bearings. It will explore strategic options to exit non-core parts of its aerospace business, strengthen core areas, and improve sales g...

Signify Reports Net Profit Fall in Q3
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Signify Reports Net Profit Fall in Q3

Signify, the Dutch lighting company, reports a net profit fall in the third quarter due to lower sales. Despite this, the company remains optimistic about its sales growth forecast, attributing it to effective cost control.

Takeda Pharmaceutical Faces Challenges as Shares Plummet
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Takeda Pharmaceutical Faces Challenges as Shares Plummet

Takeda Pharmaceutical faces challenges as shares drop and net loss is recorded, impacting fiscal-year net-profit forecast. Impairments on key products contribute to the decline. The company revises its profit forecast for the fiscal year, e...

Coursera Reports Strong Third-Quarter Results
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Coursera Reports Strong Third-Quarter Results

Coursera's third-quarter financial report reveals reduced loss, increased revenue, and an optimistic outlook. The company's AI-powered translation initiative expands access to educational opportunities.

The Slowdown in U.S. Inflation Continues
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The Slowdown in U.S. Inflation Continues

The rate of U.S. inflation is showing signs of a slowdown. Projections indicate a slight decrease in the annual core inflation rate, but prices are still rising faster than the Fed's target. Find out the implications for interest rates and...

U.S. Mortgage Rates on the Rise
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U.S. Mortgage Rates on the Rise

U.S. mortgage rates have risen for the seventh consecutive week, reaching their highest level since 2000. The steady increase is impacting purchase activity and affordability for homebuyers.