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U.S. Trade Deficit Widens In May As Exports Slump

India, July 3 -- A report released by the Commerce Department on Thursday showed the U.S. trade deficit widened in the month of May amid a steep drop by the value of exports. The Commerce Department ... Read More


U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower

India, July 3 -- The Labor Department released a report on Thursday showing an unexpected decrease by first-time claims for U.S. unemployment benefits in the week ended June 28th. The report said ini... Read More


Markets Digest The Strong Jobs Data From U.S.

India, July 3 -- Markets reacted to the strong jobs report from the U.S. that defied expectations. Fading rate cut expectations from the Fed following the data release sobered sentiment. Data release... Read More


Indonesia Bourse Expected To Halt Losing Streak

India, July 3 -- The Indonesia stock market has finished lower in three straight sessions, slumping almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now sits just shy of the ... Read More


U.S. Employment Jumps By 147,000 Jobs In June, More Than Expected

India, July 3 -- A closely watched report released by the Labor Department on Thursday showed employment in the U.S. increased by more than expected in the month of June. The Labor Department said no... Read More


Hong Kong Bourse May Erase Thursday's Losses

India, July 3 -- The Hong Kong stock market headed south again on Thursday, one day after snapping the three-day slide in which it had dropped more than 400 points or 1.7 percent. The Hang Seng Index ... Read More


Thoma Bravo To Acquire Olo; Shareholders To Receive $10.25/shr

India, July 3 -- Olo Inc. (OLO) has entered into a definitive agreement to be acquired by Thoma Bravo, in an all-cash transaction valuing Olo at approximately $2.0 billion in equity value. Olo shareho... Read More


Pre-market Movers: GITS, MDBH, EMPG, CV, WINT.

India, July 3 -- The following are some of the stocks making big moves in Thursday's pre-market trading (as of 08.55 A.M. ET). In the Green Global Interactive Technologies, Inc. (GITS) is up over 14... Read More


Stronger Than Expected Jobs Data May Lead To Initial Strength On Wall Street

India, July 3 -- The major U.S. index futures are currently pointing to a modestly higher open on Thursday, with stocks likely to see further upside after ending the previous session mostly higher. E... Read More


Nippon Steel Signs 800 Bln Yen Loan Deals For U.S. Steel Merger

India, July 3 -- Japanese steel major Nippon Steel Corp. (NISTY.PK), which closed its $14.9 billion acquisition of United States Steel Corp. in mid-June, announced Thursday that it has signed up to 50... Read More