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US Manufacturing Sector Falls Into Stagnation in August, ISM Data Shows

US Manufacturing Sector Falls Into Stagnation in August, ISM Data Shows

Activity across the US manufacturing sector fell into contraction territory in August, dropping to the lowest level in more than three years, according to a closely watched purchasing managers indicator, while another gauge edged closer to that line. The Institute for Supply Management’s manufacturing purchasing managers index fell to 49.1% […]

by × September 3, 2019 × 0 comments

Equity Markets

Ambu Revises Full Year Sales Forecast

Ambu Revises Full Year Sales Forecast

Danish medical device maker Ambu (AMBU-B.CO) adjusted its outlook for the current financial year on Monday following a decision to discontinue the SC210 colonoscope, a single-use telescopic camera, which it has been testing in a US hospital since February. The firm, which develops diagnostic and life-supporting equipment, said in a […]

by × June 18, 2019 × 0 comments