US Equities Futures Edge Lower

US Equities Futures Edge Lower

US equities futures were lower early Thursday ahead of weekly jobless figures and as banks were set to kick off the corporate earnings season. Investors also mulled the minutes from the monetary policy makers’ last meeting, released Wednesday, which showed mixed views on inflation but reinforced the expectation for another rate hike in December. – The S&P 500 future was down 0.14% recently, the Dow was down 0.05% and Nasdaq […]

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AzurRx BioPharma Files Shelf Registration Statement For Up To $10 Mln in Securities

AzurRx BioPharma Files Shelf Registration Statement For Up To $10 Mln in Securities

AzurRx BioPharma (AZRX) has filed a shelf registration statement on Form S-3 for up to $10 million in securities. The company intends to offer and sell common shares, warrants and units. The company instends to use the net proceeds from the sale of the securities primarily for for general corporate purposes, including research and development, working capital and capital expenditures. The company use a portion of the net proceeds to […]

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Financial Stocks Add Slightly to Mid-Day Dip

Financial Stocks Add Slightly to Mid-Day Dip

Financial stocks edged lower Wednesday, with the NYSE Financial Sector Index dropping slightly less than 0.2% while financial companies in the S&P 500 Index also were slipping more than 0.4% in late trade. In company news, U.S. Global Investors (GROW) fell Wednesday, sinking over 10% to a session low of $2.01 a share despite the boutique investment advisory firm today saying it will continue paying monthly dividends during its fiscal […]

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Bond Prices Pare Losses

Bond Prices Pare Losses

U.S. Treasury prices backed off the lows late Wednesda, little-changed in slowing volume. The 10-year held near 2.33% while the long bond played catch-up with the remainder of the curve. The market started with a bid, ticking back to Friday levels, but fell on the data with an upside surprise on the non-manufacturing (services) Purchasing Managers’ Index (PMI), which marked a 12-year high on the headline. The market has also […]

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Daily Forex Wrap:U.S. Dollar Trims Overnight Losses on Upbeat ISM

Daily Forex Wrap:U.S. Dollar Trims Overnight Losses on Upbeat ISM

The U.S. dollar was marginally softer against most major currencies on Wednesday but closed the day off its worst overnight levels thanks to a bullish ISM, another positive day in equities and higher Treasury yields. The ISM non-manufacturing index set a 12-year high of 59.8, offsetting weakness in the ADP private payroll report and a decline in the corresponding purchasing manager’s index. USD/JPY was under pressure as the Asian session […]

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Yields Remain Elevated but Below Session Highs

Yields Remain Elevated but Below Session Highs

Stocks are stuck in neutral. The 2-year GoC peaked at 1.606% shortly after the first round of U.S. data, quickly pulled back to 1.585% before tracking to the 1.60% area only to slide to 1.595%. The 5-year tested 1.82% before easing to 1.813%, while the 10-year swung from 2.098% to 2.069% then back to 2.097% amid the rounds of U.S. data this morning. The 10-year has slipped to 2.082% currently. […]

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Buffalo Wild Wings Sees More Fantasy Draft Parties, Strong Takeout Sales, OTR Global Says

Buffalo Wild Wings Sees More Fantasy Draft Parties, Strong Takeout Sales, OTR Global Says

More fantasy football draft parties year-over-year has increased engagement in Buffalo Wild Wings (BWLD) Blazin’ Rewards program and strong takeout sales have been aiding trends at the restaurant chain, OTR Global said. The firm’s read on the company remains mixed as mid-third quarter traffic for televised sporting events that will meet plan for eight of nine managers. August year-over-year sales are stronger versus July for six of the nine managers. […]

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