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Hong Kong Shares May Head South Again On Friday

India, May 16 -- The Hong Kong stock market bounced higher again on Thursday, one session after ending the three-day winning streak in which it had rallied almost 800 points or 4.4 percent. The Hang S... Read More


China Bourse May Surrender Support At 3,100 Points

India, May 16 -- The China stock market on Thursday snapped the three-day losing streak in which it had slumped almost 35 points or 1.1 percent. The Shanghai Composite Index now sits just above the 3,... Read More


Tredegar Says Brazilian Regulator Recommends Rejection Of Sale Of Terphane To Oben Group

India, May 16 -- Industrial manufacturer Tredegar Corp. (TG) announced Thursday that, as part of the Brazilian merger review process regarding the sale of Terphane to Oben Group, the General Superinte... Read More


Amgen: FDA Approves Imdelltra For Extensive-Stage Small Cell Lung Cancer Treatment

India, May 16 -- Amgen (AMGN) said that the U.S. Food and Drug Administration approved Imdelltra or tarlatamab-dlle for the treatment of adult patients with extensive-stage small cell lung cancer or E... Read More


Traders May Take A Breather Following Yesterday's Rally

India, May 16 -- The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction after surging to record highs in the previous se... Read More


U.S. Stocks May Lack Direction After Yesterday's Surge To Record Highs

India, May 16 -- After surging to record highs in the previous session, stocks may show a lack of direction in early trading on Thursday. The major index futures are currently pointing to a roughly fl... Read More


Chubb Rises In Pre-market On News Of Warren Buffet's Share Holding

India, May 16 -- Shares of Chubb Limited (CB) were rising more than 8 percent in pre-market on Thursday to $273.71, after veteran investor Warren Buffett 's Berkshire Hathaway revealed its holding in ... Read More


Crescent Energy To Acquire SilverBow In $2.1 Bln Deal

India, May 16 -- Crescent Energy Co. (CRGY) announced Thursday that it will acquire SilverBow Resources, Inc. (SBOW) in $2.1 billion deal. The energy firms stated that the combined entity would becom... Read More


Walmart Q1 Results Top Estimates; Provides Rosy Outlook

India, May 16 -- Retail giant Walmart Inc. (WMT) reported Thursday a profit for the first quarter that soared from last year, reflecting higher gross margins and strong growth across all its operating... Read More


Under Armour Down 9% On Weak FY25 Outlook; Announces Restructuring - Update

India, May 16 -- While reporting financial results for the fourth quarter on Thursday, Under Armour, Inc. (UA) initiated its earnings, adjusted earnings and revenue growth guidance for the full-year 2... Read More