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KKR & Co. Acquires Majority Ownership Stake In HCRx

India, July 30 -- KKR & Co. Inc. has acquired a majority ownership stake in HealthCare Royalty Partners, a biopharma royalty acquisition company. HCRx CEO Clarke Futch will continue to lead the HCRx t... Read More


China Manufacturing PMI Slips In July

India, July 30 -- The manufacturing sector in China continued to contract in July, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Thursday with a manufacturin... Read More


Strong Data Dims Fed Rate Cut Hopes

India, July 30 -- Stronger-than-expected macroeconomic data from the U.S. that underscored the resilience of the American economy dimmed hopes of an early monetary easing by the Fed. The Fed is widely... Read More


OGE Energy Q2 Results Rise, Now Sees FY25 Earnings At Top Half Of Guidance Range - Update

India, July 30 -- OGE Energy Corp. (OGE), the parent company of Oklahoma Gas and Electric Co. or OG&E, reported Wednesday higher profit in its second quarter with increased revenues. For fiscal 2025,... Read More


Eurozone Economy Fares Better Than Expected In Q2

India, July 30 -- The euro area economy logged better-than-expected growth in the second quarter but the pace of expansion slowed markedly as the first quarter performance was inflated after U.S. impo... Read More


Palo Alto Networks To Acquire CyberArk For $25 Bln In Cash, Stock Deal

India, July 30 -- Palo Alto Networks, Inc. (PANW), a cybersecurity company, on Wednesday announced that it has signed a definitive agreement under which Palo Alto Networks will acquire CyberArk Softwa... Read More


Resideo Finalizes Deal To End Honeywell Payments, Announces Q2 Outlook, Plans To Divest ADI Business

India, July 30 -- Resideo Technologies, Inc. (REZI), Wednesday announced that it has entered into a definitive agreement with Honeywell International Inc. (HON) to accelerate and eliminate all future ... Read More


Trane Technologies Boosts FY25 Outlook - Update

India, July 30 -- While reporting financial results for the second quarter on Wednesday, Trane Technologies plc (TT) raised its earnings, adjusted earnings and revenue growth guidance for the full-yea... Read More


U.S. Stocks May Show A Lack Of Direction Ahead Of Fed Announcement

India, July 30 -- Following the modest pullback seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a rou... Read More


VYNE Therapeutics' Phase 2b Study Of Repibresib Gel In Nonsegmental Vitiligo Fails; Stock Down

India, July 30 -- VYNE Therapeutics Inc. (VYNE) Wednesday said that its Phase 2b study of Repibresib gel in nonsegmental vitiligo failed to meet its primary goal. Following the news, the company's sha... Read More