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Sanofi Q1 Profit Weak, But Sales Rise; Backs FY24 View; Stock Up

French drug major Sanofi reported Thursday weak profit in its first quarter, despite higher net sales. The company also maintained its fiscal 2024 outlook. Sanofi shares were gaining around 4 percent in Paris trading as well as in pre-market activity...

Roche Q1 Sales Down, Confirms FY24 View; Stock Down

Novartis Q1 Profit Tops Market, Lifts FY24 View, Proposes New Chair; Stock Up

Tokyo Inflation Climbs 1.8% On Year In April

Consumer prices in the Tokyo region of Japan were up 1.8 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That was beneath estimates for an annual gain of 2.6 percent, which would have been unchanged from...

Japan Rate Decision On Tap For Friday

U.S. Economic Growth Slows Much More Than Expected In Q1

US Announces $1 Bln Package, Including Air Defense Missiles, For Ukraine

Immediately after President Joe Biden signed the foreign security aid package Bill into law, the Defense Department announced a hefty new package of weapons and equipment worth $1 billion to support Ukrainian forces with urgently needed capabilities in...

Russia Vetoes UN Resolution On Outer Space Treaty

Israeli Missiles Hit Iran: Reports

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remained cautious and were reluctant to take up long positions ahead of key data from the U.S. They also continued to pick...

Thai Bourse Due For Profit Taking On Friday

Indonesia Shares May Open Under Pressure Again On Friday

COVID-19: Drugs in Development

Asian Markets Trade Mostly Higher

U.S. Stocks Climb Well Off Worst Levels But Close Mostly Lower

Neotame Can Damage Gut Wall, Study Finds

Study On Gene-based Therapy To Treat Timothy Syndrome

Samourai Wallet Co-founders Arrested And Charged With Money Laundering

Apple Releases Open-Source LLMs To Run On-Device

Prime Hydration Sued For Excessive Caffeine, PFAS

FTC Issues $5.6 Million In Refunds For Ring Customers Following Privacy Settlement

Meta Confirms Launch Of Passkeys To Protect Whatsapp Accounts On IOS

U.S. Stocks Regain Ground After Early Sell-Off But Remain Mostly Lower

Asian Markets Trade Sharply Lower

Asian stock markets are trading mostly sharply lower on Friday, following the mixed cues from Wall Street overnight, on ongoing concerns over the tensions in the middle-east with reports of Israel retaliating to last weekend's attacks. Interest rates continued to weigh on markets as the US Fed is now widely expected to hold off on cutting rates until at least July.

European Shares Seen Sharply Lower As Geopolitical Tensions Spike

European stocks may tumble at open on Friday after Israeli missiles targeted a site in Isfahan province in Iran, raising fears of a widening conflict across the Middle East. However, Iran's state-run media reported that there was no missile attack...

Asian Shares Sink As Risk Aversion Grips Markets

Asian stocks sank on Friday, while the dollar surged, oil prices climbed and gold held near a record high below $2,400 per ounce after Israel launched strikes against Iran, in what appeared to be limited retaliatory action for last week's drone and missile...

UK Retail Sales Stable In March

UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail sales including automotive fuel grew 0.1 percent in the previous month. Economists were looking for a 0.3 percent gain for March.

White House

White House Announces $1 Bln For Clean Water For Tribal Nations At Water Summit

Wednesday, during Earth Week, the White House is convening state, Tribal, and local leaders from across the country for a White House Water Summit where the Administration will announce a new national goal and partnership to conserve and restore freshwater resources. The 'America the Beautiful Freshwater Challenge: A Partnership to Conserve and Restore America's Rivers, Lakes, Streams, and Wetla

Limited Access Channel In Baltimore To Open By End Of April

Economy

U.S. Pending Home Sales Surge 3.4% In March, Much More Than Expected

Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index spiked by 3.4 percent to 78.2 in March after jumping by 1.6 percent to 75.6 in February. Economists had expected pending home sales to rise by just 0.3 percent.

U.S. Economic Growth Slows Much More Than Expected In Q1

U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low

German Consumer Sentiment To Hit 2-Year High In May

European Economic News Preview: German Consumer Confidence Data Due

U.S. Durable Goods Orders Surge 2.6% In March, More Than Expected

German Ifo Business Confidence Near 1-Year High

Indonesia Central Bank Unexpectedly Hikes Rate

European Economic News Preview: Germany Ifo Business Confidence Data Due

U.S. New Home Sales Surge Much More Than Expected In March

Health

FDA Approves New Treatment For Urinary Tract Infections

The U.S. Food and Drug Administration approved Pivya (pivmecillinam) tablets for the treatment of female adults with uncomplicated urinary tract infections (UTIs) caused by susceptible isolates of Escherichia coli, Proteus mirabilis and Staphylococcus saprophyticus. "Uncomplicated UTIs are a very common condition impacting women and one of the most frequent reasons for antibiotic use," said Pete

Markets

Sensex, Nifty Set For Muted Open As US Yields Climb On Inflation, Rate Concerns

Indian shares are likely to open on a muted note Friday as investors react to signs of weaker GDP growth and stubborn inflationary pressures in the U.S. Technology stocks could be in focus after 10-yr U.S. bond yield rose sharply to a fresh five-month high of 4.73 percent. On the positive side,...

Business

Sanofi Q1 Profit Weak, But Sales Rise; Backs FY24 View; Stock Up

Economic Calendar

Date	Indicator	Period	Country
04/25/24 21:30	PPI (Y-o-Y)	Q1	Australia
04/25/24 21:30	PPI (Q-o-Q)	Q1	Australia
04/25/24 21:30	Import Price Index (Q-o-Q)	Q1	Australia
04/25/24 21:30	Export Price Index (Q-o-Q)	Q1	Australia
04/25/24 19:30	Tokyo CPI (Y-o-Y)	APR	Japan
04/25/24 19:30	Tokyo Core CPI (Y-o-Y)	APR	Japan

View All

Textron Stock Drops On Q1 Earnings, Job Cuts

Cidara Therapeutics Stock Jumps 13% As It Reacquires Rights To Influenza Drug

Ultralife Jumps 18% On Quarterly Results

Meta Shares Sink 14% Following Outlook

MarineMax Drops In Pre-market On Earnings Miss, Outlook

Latest Updates on COVID-19

WHO Defines Uniform Terminology For Air-transmitted Pathogens

Scientists Develop Universal Vaccine That May Protect Humans Against Any Virus

Specific Human Nasal Epithelial Cells Protect Children Against COVID: Study

CDC Study Finds Cardiac Deaths Among Young People Not Connected With Covid Vaccines

COVID-19 Fraud Enforcement Task Force Releases 2024 Report

COVID-19: Drugs in Development

Cryptocurrency

Samourai Wallet Co-founders Arrested And Charged With Money Laundering

The founders of the Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, have been indicted by federal prosecutors on charges of conspiracy to commit money laundering and conspiracy to operate an unlicensed money-transmitting business. The charges... Read More

FDA Monitor

Biotech Stocks Facing FDA Decision In April 2024

World Health Day, observed annually on April 7th, provides an opportunity to focus on key public health issues. This date also commemorates the founding anniversary of the World Health Organization (WHO) in 1948. The theme for World Health Day 2024 is 'My health, my right', which underscores the significance of individual health empowerment. Read More

Biotechnology

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 (palopegteriparatide; developed as TransCon PTH) in... Read More

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Bond Markets Ten-Year Yield Reaches Nearly Six-Month Closing High Seven-Year Note Auction Attracts Modestly Below Average Demand Treasuries Move Back To The Downside Amid Lingering Rate Worries Five-Year Note Auction Attracts Modestly Below Average Demand Read More	Commodities Oil Futures Settle Higher Despite Weak GDP Data Gold Futures Snap 3-day Losing Streak, Settle Modestly Higher Gold Rises, Dollar Dips Ahead Of US GDP Data Oil Holds Decline In Cautious Trade Read More	Earnings First Financial Bancorp Q1 Income Retreats, misses estimates Minerals Technologies Inc Reveals Advance In Q1 Income, Beats estimates Resmed Inc Q3 Profit Increases, beats estimates Hub Group Inc. Announces Fall In Q1 Income, but beats estimates Read More
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