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Australian Psychedelics: Incannex Business & Financials, New Research Center For Mushrooms & Eating Disorders
Friday, October 28, 2022 - 6:38pm | 1042Read More...Clinical-stage biopharma company Incannex Healthcare Ltd. (NASDAQ: IXHL) shared its quarterly activities report and appendix 4C for the period ended 30 September 2022, noticeably applying for several U.S. FDA approvals regarding its cannabinoid pharmaceutical products and psychedelic...
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What Does Downgrade To 'Junk' Status Mean For Russia?
Wednesday, January 28, 2015 - 12:48pm | 384Read More...Russia was making headlines again Tuesday, and the news didn’t get any better for the country's battered economy, which is teetering on the brink of recession. Ratings agency Standard and Poor's cut Russia’s foreign currency credit rating to BB+ and issued a negative outlook...
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U.S.-Russia Tensions Over Ukraine Could Make This An Interesting Weekend
Friday, April 25, 2014 - 3:37pm | 562Read More...Weird things can happen over the weekend. When markets are closed on Friday, no action can be taken in the markets until the index futures reopen Sunday at 6:00 p.m. EST, and 9:30 a.m. Monday for equities, to protect your portfolio. Countries can take adverse actions towards the United States...
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Benzinga Market Primer: Tuesday, April 23
Tuesday, April 23, 2013 - 6:43am | 985Read More...Futures Lower on Weak Chinese, German Data U.S. equity futures traded lower in pre-market trade following weak data out of China and Germany. However, European shares traded higher on hopes of an ECB rate cut. Top News In other news around the markets: The Flash Chinese HSBC Manufacturing PMI...
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Benzinga Market Primer: Tuesday, February 5
Tuesday, February 5, 2013 - 7:37am | 931Read More...Futures Rise After Monday Losses U.S. equity futures rose in pre-market trading after U.S. and global markets suffered losses Monday on the back of renewed sovereign stresses in the eurozone. However, the repricing of the sovereign and geopolitical risk halted Tuesday and shares rose. Top News In...
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Benzinga Market Primer: Friday, January 11
Friday, January 11, 2013 - 7:34am | 726Read More...Futures Slip on Chinese Inflation Data U.S. equity futures were slightly lower in overnight trade as Chinese inflation data revealed that the PBOC may have less room to engineer a soft-landing than previously thought. Data showed that consumer inflation accelerated in the previous month, spooking...
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Benzinga Market Primer: Tuesday, January 8
Tuesday, January 8, 2013 - 7:34am | 896Read More...Futures Slip on Weak Euro Data U.S. equity futures declined in overnight trading as weak retail sales data in the eurozone sent markets lower. Also, earlier this morning, it was reported that the eurozone unemployment rate increased to a new record-high of 11.8 percent from 11.7 percent in the...
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Moody's Downgrades France to Aa1, Maintains Negative Outlook
Tuesday, November 20, 2012 - 9:57am | 547Read More...Moody's Monday downgraded the credit rating of French sovereign debt to Aa1 from AAA, or one notch, citing a worsened economic outlook with increased exposure to peripheral nations through trade and banking and rising debt-to-GDP levels. France was also kept on negative watch, meaning further...
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Benzinga Market Primer, Friday, October 26
Friday, October 26, 2012 - 6:15am | 918Read More...U.S. equity futures fell in early Friday trading as large companies including Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) reported earnings Thursday that missed analyst estimates. Apple reported sales that beat expectations but earnings missed and Amazon reported its first quarterly loss in...
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Benzinga Market Primer Thursday October 18
Thursday, October 18, 2012 - 6:09am | 1191Read More...U.S. equity futures were effectively flat in early Thursday trading as China reported a slew of economic data indicating that the slowdown in the economy that carried through the first several months of this year may have begun to bottom a few months ago. The data released included: Chinese home...
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French and German Economies Perform Better Than Expected
Wednesday, February 15, 2012 - 8:19am | 655Read More...For once there was good news coming out of Europe when France and Germany reported better than expected fourth quarter economic results. Although Germany's economy shrank by 0.2 percent, it was less than the 0.3 percent contraction that was widely expected. Germany also had its third quarter...
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Scapegoat Sharma: Resignation Leading to a Downward Spiral
Wednesday, August 24, 2011 - 12:09pm | 503Read More...First, Standard and Poor's downgrades the U.S. debt. Next, Deven Sharma (S&P's president) announces that he has resigned. Now McGraw-Hill (NYSE: MHP), which owns Standard & Poor's, has roused proposals of splitting up the company. Is this restructuring a result of poor decisions by McGraw...
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Many PIIGS Becomes One SIC PIG?
Thursday, June 16, 2011 - 1:53pm | 339Read More...The world has long recognized that Portugal, Ireland, Italy, Greece and Spain (the so called PIIGS) have been struggling with debt and solvency issues for years. Obviously, Greece has been the poster child for the group, with massive Greek protests dominating the news seemingly every other day....
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The PIGS Vicious Cycle: Downgrades and Debt Problems
Monday, May 23, 2011 - 2:49pm | 267Read More...Yields on Spanish, Greek and Italian bonds spiked on Monday, following continuing concerns over debt problems in the Eurozone, according to CNBC. Standard and Poor's decided to downgrade Italy on growth concerns. That may have contributed to the subsequent increase in Italian bond yields....
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Asian Currencies: Causalities of Europe's Debt
Monday, May 23, 2011 - 11:30am | 133Read More...On Monday, Asian currencies weakened. The South Korean won and the Malaysian ringgit suffered most heavily. The fiscal situation in the European Union deteriorated, as Standard & Poor's downgraded Italy. The U.S. dollar rallied against the euro and the dollar index rose to multi-month highs...
