International Stocks

Stocks Rally in US Intraday

Shares in the US rallied higher on Wednesday afternoon as gains in telecoms and consumer sector stocks overshadowed declines in the health care group that came after President-elect Donald Trump vowed to bring down drug prices. The Dow Jones Industrial Average and the Standard & Poor’s 500 rose to recordRead More

European ADRs Move Higher in Tuesday Trading

American depository receipts of European stocks moved 0.39% higher to 116.95 on the Bank of New York Mellon Europe ADR Index on Tuesday. In continental Europe, the gainers were led by CGG (CGG), a manufacturer of geophysical equipment, and furniture maker Natuzzi (NTZ), which rose 6.6% and 3.8% respectively. TheyRead More

KongZhong Signs MOU with Wargaming For Payments Tied To “World of Tanks” Video Game

KongZhong said Wednesday the company and some of its affiliates entered into an agreement with such that the company shall no longer have to make additional payments to Wargaming when the monthly gross revenue from “World of Tanks” exceeds a specified target. In addition, both the company and WargamingRead More

Euro Ends Higher For First Time as Clinton Probe Weighs on USD Late In The Week

The dollar closed higher against the yen and British pound this week, but ended its winning streak versus the euro by closing in the red for the first time in four weeks. The persistent selling pressure against the European joint currency was finally extinguished thanks to remarks from European CentralRead More

MiMedx Q3 Adjusted Profit Meets Street Mark, Sales Beat; Shares Edge Up 2.8%

MiMedx Group, Inc (MDXG), a developer of regenerative biomaterial products, reported Thursday Q3 adjusted net profit of $0.06 per share, unchanged from the prior year period and came in line with the Street estimate provided by Capital IQ. Net sales were $64.4 million, up from $49 million reported for theRead More

Health Care Slump Reaches One Week

Health care stocks fell for a fifth day in a row on Wednesday, with the NYSE Health Care Index posting a 1.1% retreat today while shares of health care companies in the S&P 500 were down 0.6% as a group. In company news, Edwards Lifesciences (EW) tumbled Wednesday and WallRead More