All posts tagged "slumps"

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Regeneron prescribed drugs Inc. REGN, -1.09% shares slumped 1.eight% in premarket exchange Tuesday after a midstage trial of the corporate’s lower back pain drug was once positioned on grasp via the food and Drug Administration because of considerations about a affected person on a excessive dose. The patient, who had an advanced...

The pound resumed its slide on Friday, heading sharply decrease after U.k. foreign Secretary Boris Johnson said he expects his country will begin formal Brexit negotiations early next yr. Sterling GBPUSD, -0.8564%  traded at $ 1.2965, down from $ 1.3078 Thursday in big apple, despite the fact that the currency recovered quite...

the japanese yen fell sharply in opposition to major crosses on Wednesday after the financial institution of Japan mentioned it will maintain its deposit fee unchanged at minus 0.1%, and tweak its coverage framework. Stepping up its struggle towards deflation, the primary bank mentioned it might begin focused on 10-12 months interest...

Auris clinical conserving AG shares EARS, +39.32% slumped fifty four% Thursday, after the corporate mentioned a trial of a treatment for internal ear tinnitus failed to meet its goals. The Zug, Switzerland-based totally firm said the TACTT2 trial with Keyzilen(TM) for acute inside ear tinnitus neglected its major efficacy endpoints. the company...

The buck rose in opposition to different big currencies on Monday, specifically the yen, which slumped after Japan’s election over the weekend. The U.S. greenback USDJPY, +1.37%  rose to ¥one zero one.ninety three, when put next with ¥a hundred.60 late Friday in big apple. Tokyo stocks staged stable positive aspects and the...

U.S. stock futures fell on Tuesday as buyers again from the lengthy holiday weekend to more Brexit-fueled uncertainty and opted for caution beforehand of the carefully watched U.S. jobs record on Friday. Futures for the Dow Jones Industrial moderate YMU6, -0.68%  dropped 113 factors, or zero.6%, to 17,756, while these for the...

The pound GBPUSD, -2.8573% erased its prior achieve and tumbled to $ 1.4464 after the latest local leads to the U.k. ecu referendum overwhelmingly pointed in favor of a Brexit. Sterling traded as high as $ 1.5022 earlier in the night after the primary outcomes backed a “stay” vote. alternatively, after the...

Shares of On Deck Capital Inc. ONDK, -35.48% tumbled 35% Tuesday, after the online small industry lender mentioned first-quarter losses more than doubled, garnering a downgrade from FBR & Co. Analysts cut the inventory to market perform from outperform, and said slower originations and mortgage sales mean it will take longer for...

the japanese yen renewed its exhausting push towards the dollar on Tuesday, while the Australian greenback dived after the u . s . a .’s primary financial institution lower rates of interest. Hitting a contemporary 18-month low, the U.S. buck USDJPY, -0.44% dropped to ¥a hundred and five.98 from ¥106.54 late Monday....

U.S. stocks opened decrease Thursday for the third straight session as slumping oil costs pulled down shares in power and financials corporations, weighing on the main indexes. A flurry of commercial data painted a weaker-than-expected picture of the U.S. economic system, crimping the will to speculate beforehand of the long Easter weekend....

West Texas Intermediate oil futures for February delivery on the new York Mercantile exchange CLG6, +1.28% rose 44 cents, or 1.2%, to finish at $ 37.04 a barrel Thursday. For the yr, the U.S. benchmark fell 30.5%, marking the primary time crude has posted losses in consecutive years seeing that 1998. Oil...

Alibaba workforce keeping Ltd. BABA, -four.33% shares slid Friday after CNBC stated that famed quick-seller Jim Chanos named the chinese language e-commerce firm as a possible brief at a convention. Yahoo Inc. YHOO, -three.68% which owns 384 million shares of Alibaba, also fell in tandem. CNBC didn’t make it clear which conference...

Shares of Twitter Inc. TWTR, -6.08% fell Monday to its all-time low for the reason that firm’s initial public offering in November 2013. The inventory has been below force after the microblogging company ultimate week mentioned tepid person growth in the 2d quarter. still, some analysts remained upbeat and maintained Twitter’s inventory...