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Latest Financial News
U.S. Initial Jobless Claims Fall to 197,000 as Layoffs Remain Historically Low
First-time unemployment claims stayed below 200,000 for a fourth straight week, but continuing claims rose as hiring remained slow.
Viatris Agrees to Acquire Pacira BioSciences for $1.65 Billion
The $36.50-a-share cash offer would add Exparel and Zilretta to Viatris' pain portfolio, with the acquisition expected to close by year-end.
Samsung Guides to KRW107.4 Trillion Q3 Operating Profit on KRW195 Trillion Sales
Samsung’s preliminary third-quarter guidance points to another jump from its prior quarterly record, with full results scheduled for Oct. 29.
PepsiCo Reports 5.6% Q3 Revenue Growth but Cuts Core EPS Growth Outlook
Sales reached $25.27 billion and organic revenue grew 3.1%, but narrower core margins and sluggish North American performance weighed on PepsiCo’s full-year outlook.
New Zealand Household Net Worth Falls NZ$8.4 Billion in June Quarter
Land valuations fell NZ$26.2 billion, outweighing gains in buildings, deposits and pension-linked assets as household saving also eased.
Main Street Capital Originates $157.2 Million of New or Increased Private-Loan Commitments in Q3
Main Street funded $162.0 million of private-loan investments in the third quarter, with new or increased commitments down from $319.0 million in Q2.
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