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U.S. Stocks Recover From Early Weakness To Close Modestly Higher

India, June 12 -- Stocks recovered from an early move to the downside to move modestly higher over the course of the trading session on Thursday. With the turnaround, the major averages largely offset... Read More


FDA Upgrades Medtronic Recall Of Newport Ventilators To Class I

India, June 12 -- Medical devices maker Medtronic plc has urged customers to discontinue clinical use of the recently recalled certain Newport branded ventilators and certain related service parts aft... Read More


Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises

India, June 12 -- The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical ... Read More


UK GDP Contracts In April

India, June 12 -- The UK economy shrank more than expected in April largely reflecting a fall in services output, the Office for National Statistics reported Thursday. Real gross domestic product dec... Read More


Perpetua Resources Stock Falls 20% Following Upsized $325 Mln Stock Offering

India, June 12 -- Perpetua Resources Corp. (PPTA) shares dropped 19.41 percent, or $3.20 on Thursday, after the company announced an upsized bought deal offering. The company will now issue over 24.6 ... Read More


Crude Oil Pulls Back Modestly After Yesterday's Surge

India, June 12 -- After moving sharply higher in the previous session, crude oil futures showed a modest move back to the downside during trading on Thursday. WTI crude oil for July delivery edged do... Read More


Applied Optoelectronics Stock Rises 4% On Major Customer Shipment Milestone

India, June 12 -- Applied Optoelectronics, Inc. (AAOI) shares climbed 3.37 percent, or $0.55, on Thursday, after the company announced its first volume shipment of high-speed data center transceivers ... Read More


U.S. Dollar Weakens After Soft PPI Data

India, June 12 -- The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.... Read More


Simulations Plus Stock Sinks 25% On Q3 Revenue Outlook

India, June 12 -- Simulations Plus, Inc. (SLP) shares tumbled 25.04 percent, or $6.62, on Thursday, following the company's preliminary third-quarter results announcement yesterday. Revenue is expecte... Read More


Gold Jumps Amid Fresh Tariff Threats And US-Iran Conflict

India, June 12 -- Gold climbed higher on Thursday amid renewed threats of a tariff war, simmering US-Iran geopolitical tensions, and softer US jobs data. Front Month Comex Gold for June delivery gain... Read More