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News
American Eagle shares slide as flat margin outlook, weak core brand weigh | Y100 WNCY | Your Home For Country & Fun | Green Bay, WI
4+ day, 4+ hour ago (266+ words) Sept 10 (Reuters) – American Eagle Outfitters’ shares slumped over 11% in premarket trading on Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company’s core brands outweighed a second-quarter revenue beat. Demand across the apparel sector has been uneven as…...
Dyne, Sarepta shares tumble as Novartis setback weighs on muscle disease drug developers
5+ day, 12+ hour ago (317+ words) Sept 8 (Reuters) – Shares of Dyne Therapeutics and Sarepta slumped on Tuesday after Novartis’ treatment for a muscle-wasting disorder failed in a trial, fueling investor concerns about the prospects of similar therapies for the tough-to-treat rare disease. Dyne’s stock led declines…...
ASML to work with major chipmakers to use latest tools for larger chips
6+ day, 4+ hour ago (374+ words) SAN FRANCISCO, Sept 7 (Reuters) – ASML, the Dutch chip manufacturing tool company, said it plans to work together with its major customers to produce its most advanced tools for developing the kind of large data center chips designed by Nvidia and…...
Novo scraps two more heart drug trials, further dimming growth beyond obesity
6+ day, 20+ hour ago (191+ words) Sept 7 (Reuters) – Novo Nordisk said on Monday it had halted two additional trials of its experimental cardiovascular drug ziltivekimab, further denting the Danish drugmaker’s efforts to diversify beyond its blockbuster obesity and diabetes franchise. In July, Novo said ziltivekimab failed…...
European shares dip as higher oil prices weigh; Novartis slips
1+ week, 4+ hour ago (452+ words) Sept 7 (Reuters) – European shares edged lower on Monday as oil prices climbed after a fresh exchange of strikes between the United States and Iran, fuelling inflation concerns and bolstering expectations that the European Central Bank may need to keep raising…...
UK recruiters see first rise in permanent role hiring since 2022
1+ week, 12+ hour ago (134+ words) LONDON, Sept 7 (Reuters) – Britain’s jobs market showed signs of recovery in August as permanent staff placements rose for the first time since September 2022, according to a survey published on Monday. The monthly gauge of permanent job placements from the Recruitment…...
Berlin launches crisis response after hackers publish stolen data
1+ week, 1+ day ago (191+ words) BERLIN, Sept 5 (Reuters) – Berlin’s state government said on Saturday it was reviewing with the highest intensity a trove of stolen data published by a ransomware group, as investigators attempt to assess the scale and impact of the cyberattack that targeted…...
Russian cybercrime operation being dismantled after two decades, US officials and CrowdStrike say
1+ week, 5+ day ago (386+ words) LAS VEGAS, Sept 1 (Reuters) – A two-decade-old Russian hacking operation dubbed “Sality” is being dismantled, U.S. law enforcement officials and cybersecurity company CrowdStrike announced on Tuesday. U.S. officials said they had seized the web domains hackers used to take…...
Analysis-Not just Nvidia: these power and cooling firms are riding the trillion-dollar data centre boom
1+ week, 5+ day ago (861+ words) HONG KONG, Sept 2 (Reuters) – While Nvidia is synonymous with the AI boom, a lesser-known group of power and cooling equipment suppliers is cashing in on a global data centre construction spree as developers race to avoid infrastructure bottlenecks. Energy-hungry data…...
Bank of England’s Mann sees signs of stronger economic growth
1+ week, 5+ day ago (158+ words) LONDON, Sept 1 (Reuters) – Bank of England interest rate setter Catherine Mann said Britain’s economy had shown signs of stronger growth since the central bank’s last monetary policy meeting when she voted with a minority of policymakers to raise borrowing costs....