AMC Entertainment's Stock Falls Before Stock Conversion
Shares of AMC Entertainment fell 21% as the movie-theater chain prepares for a stock conversion. Market panic surrounds the company.
Bond Yields Decline as Economic Activity Weakens in Europe
Bond yields decline in response to slowdown in European economic activity. Eurozone and UK display decline in activity, affecting government bond yields. U.S. Treasury yields also decrease, investors await Powell's speech at Jackson Hole Sy...
New Zealand Retail Sales Remain Weak, Indicating Recession
Retail sales in New Zealand dropped by 1.0% in Q2, reflecting a recessionary state due to high interest rates. Several industries experienced declines, while motor vehicle and parts retailing saw a slight increase.
APA to Acquire Energy-Infrastructure Business in Western Australia
APA plans to acquire energy-infrastructure business in Western Australia, raising AUD 750 million in equity. Fiscal 2023 outlook shows resilience and growth potential. Categories: Business, Energy, Infrastructure.
Tech Stocks Rally, Treasuries Steady
Stock futures rose after a rally in tech shares ended the losing streak for S&P 500 and Nasdaq Composite. Treasuries steadied while Zoom, Fabrinet, Nordson, and Lowe's report their earnings.
Stock Market Updates
US futures show positive signs with a 0.2% increase, European stocks gain momentum, Dollar Index dips, commodity market fluctuates, bond yields update, and Asian markets show positive trends.
John Warnock, Co-founder of Adobe, Passes Away at 82
John Warnock, the co-founder of Adobe and inventor of the PDF format, has passed away at the age of 82. His innovative spirit and contributions revolutionized the digital age and changed the way documents are exchanged.
Agriculture and Agri-Food Canada Adjusts Crop Forecasts for 2023-24
Agriculture and Agri-Food Canada adjusts crop forecasts for 2023-24 due to drought impacts on production. Revised estimates and upcoming reports expected to provide more accurate crop output projections. Canola, wheat, durum, oats, soybean,...
Unplanned Flaring at California Refinery Raises Concerns
Unforeseen emergency flaring at a California refinery raises concerns and affects fuel prices in Los Angeles. Market dynamics show impact on refined product prices.
Itaconix Achieves Record-High Revenue for H1 2023
Itaconix achieves record-high revenue in H1 2023, driven by strong growth in cleaning applications. Positive market outlook and optimistic vision for the future.