European Economic News Preview: German Consumer Confidence Data Due

Consumer sentiment survey data from Germany is the top economic news due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK is slated to issue Germany's

European Shares Seen Opening Lower With Tech Earnings In Focus

European stocks may open on a sluggish note Thursday as investors react to Facebook parent Meta Platforms' disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year in its AI products.

Biogen Q1 Adj. EPS Tops Estimates, But Sales Miss; Reaffirms FY24 Outlook

Biotechnology company Biogen Inc. (BIIB) reported Wednesday net income attributable to the company for the first quarter of $393.4 million or $2.70 per share, higher than $387.9 million or $2.67 per share in the

Wabash National Maintains FY24 Outlook; Q1 Results Miss Estimates

While reporting financial results for the first quarter on Wednesday, Wabash National Corp. (WNC) maintained its earnings outlook for the full-year 2024, as first-quarter shipment delays to flow into subsequent quarters.

Indonesia Central Bank Unexpectedly Hikes Rate

Indonesia's central bank surprised markets on Wednesday with an unexpected quarter-point rate hike to strengthen the rupiah. The Board of Governors of Bank Indonesia, governed by Perry Warjiyo, decided to lift the

PROG Holdings Boosts FY24 Outlook - Update

While reporting financial results for the first quarter on Wednesday, fintech holding company PROG Holdings, Inc. (PRG) provided financial outlook for the second quarter, and raised its earnings, adjusted earnings and

Bay Street Likely To Open Higher

Canadian shares are likely to open higher Wednesday morning, tracking positive global cues. Investors will also be reacting to earnings updates from top U.S. firms, and Canadian companies.

U.S. Durable Goods Orders Surge More Than Expected In March

With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by more than expected in the

German Ifo Business Confidence Near 1-Year High

Germany's business sentiment strengthened for the third straight month to a near one-year high in April on a notable improvement in confidence among service providers. The business confidence index climbed to 89.4 in

Ascendis Pharma Says UK Approves YORVIPATH For Treatment Of Adults With Chronic Hypoparathyroidism

Danish pharmaceutical company Ascendis Pharma A/S (ASND) announced that the United Kingdom's Medicines & Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for YORVIPATH