Toyota Says North American Sales Fall 11.3% From Year-Ago Period

Toyota Says North American Sales Fall 11.3% From Year-Ago Period

Toyota Motor Corp Ltd Ord is down fractionally after the company reported its North American unit sold 143,048 vehicles, a decrease of 11.3% from the year-ago period on a volume basis. With the same number of selling days in January compared to last year, sales were down 11.3% on a daily selling rate (DSR) basis. Toyota sold 127,476 units, down 9.2% on a volume basis and DSR basis. Lexus posted […]

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USD/JPY Extends Losses

USD/JPY Extends Losses

USD/JPY faced further selling pressure at the NYSE open and has backed up to support at 114.09 (convergence of 100- and 200-hour moving average) in reaction to a triple-digit loss in the Dow Jones Industrial Average at the open, and risk-adverse investors moving out of forex positions during President Trump’s morning press conference. The president clarified his recent executive orders on immigration and trade, signed another executive order on regulations […]

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Crude Settles Weaker In U.S.

Crude Settles Weaker In U.S.

Crude prices fell in the U.S. on Friday to settle lower as data on drilling activity weighed on sentiment by highlighting how rapidly small producers can respond to higher prices. On the New York Mercantile Exchange, crude futures for March delivery fell 1.13% to $53.17 a barrel, while Brent futures on London’s Intercontinental Exchange dropped 1.28% to $55,52 a barrel. U.S. drillers added 13 rigs by the end of last […]

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Medtronic Gets OK to Start Drug-Coated Balloon Trial

Medtronic Gets OK to Start Drug-Coated Balloon Trial

Medtronic said on Thursday it received an investigational device exemption from the US Food and Drug Administration (FDA), which now enables it to begin a study of the IN.PACT Admiral drug-coated balloon (DCB) for a potential new indication in patients with end-stage renal disease. The exemption approval enables Medtronic to initiate the study and gain safety and effectiveness data for the device in this investigational indication, it said. The company […]

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Umpqua Rises Slightly After-Hours

Umpqua Rises Slightly After-Hours

Umpqua Holdings rose slightly in extended trading after the financial holding company reported higher-than-expected profit and revenue for Q4. EPS rose to $0.31 for the December quarter, from $0.28 for the year-earlier period. That topped the $0.29 average estimate of analysts polled by Capital IQ. Q4 net interest income fell to $207.8 million from 219.8 million, while Q4 non-interest income rose to $98.6 million from $69.3 million. Q4 revenue totaled […]

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