Nasdaq News

By The Investing Edge:By Daniel Shvartsman

(RTTNews) - German stocks edged down slightly on Thursday as the coronavirus crisis showed no signs of abating, with Italy confirming that it will shut all schools for 10 days.

(RTTNews) - Shares of cancer detection and therapy solutions provider iCAD, Inc. (ICAD) climbed $1.67 or 13.39% on Wednesday to touch a new high of $14.34.

China's top gas importer PetroChina has declared force majeure on natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, following the coronavirus outbreak, four industry sources told Reuters.

Kenya's chief prosecutor said it had entered into a "deferred prosecution agreement" with five commercial banks for violations of anti-money laundering laws.

(RTTNews) - Shares of Abercrombie & Fitch Co. (ANF) closed higher yesterday, after the apparel retailer reported Q4 results that topped estimates. The stock has been trading between $12.53 and $30.63 in the past one year, and closed Wednesday's trade at $13.83, up $1.14 or 8

Sterling gained further ground against the U.S. dollar and euro on Thursday, as expectations waned for an immediate Bank of England rate cut to follow this week's emergency move from the U.S. Federal Reserve to contain coronavirus damage.

The new chief executive of Henkel announced plans on Thursday to divest or discontinue brands in the consumer businesses of the German company by 2021 at the same time as looking for new acquisition opportunities.

(RTTNews) - STMicroelectronics (STM) said it has signed an agreement to acquire a majority stake in French Gallium Nitride innovator Exagan. Terms of the transaction were not disclosed.

South Africa's current account deficit narrowed to 1.3% of gross domestic product (GDP) in the fourth quarter of 2019 from a shortfall of 3.7% in the third quarter, central bank data showed on Thursday.

China's job market is showing signs of recovery as firms resume operations and an easing of measures to contain a coronavirus allow hundreds of millions of people to leave their hometowns for big cities in search of work.

Researchers at one of China's top universities have designed a robot they say could help save lives on the frontline during the coronavirus outbreak.

Fund managers are changing their allocations after the U.S. Federal Reserve stunned investors with a half-point rate cut this week to contain the economic fallout from the coronavirus epidemic.

(RTTNews) - Vonovia SE (DAIMF), a German residential property company, announced Thursday that it entered into a purchase agreement to acquire Bien-Ries AG.

Deutsche Bank analysts have cut their forecast for British economic growth this year to just 0.5%, citing the rapid spread of the coronavirus and saying the Bank of England could cut interest rates twice by May in response.

OPEC ministers gathered in Vienna on Thursday to discuss cutting output, a day ahead of crunch talks with Russia which has yet to sign up to their plans for production curbs that aim to shore up crude prices battered by the coronavirus outbreak.

Outsourcing group Capita Plc reported a sharp rise in net debt in its full-year results on Thursday and said it would have to invest more than initially thought as it pushed ahead with a broad restructuring plan, sending its shares down 15%.

Safe-haven German government bond yields edged up from six-month lows on Thursday, reflecting a better tone in world markets as policymakers took aggressive steps to safeguard against the coronavirus outbreak.

The Saudi Arabian stock market gained in early trade on Thursday as oil prices strengthened ahead of an OPEC meeting to discuss supply cuts, while other major Gulf markets were mixed.

Finland's Nokia Oyj has entered into partnership with Intel to accelerate its so-far sluggish shift to 5G, the company said on Thursday, a day after announcing a similar deal with Marvell Technology. [nL8N2AX5CB]