Business News

Sonus Networks Rallies 11% Premarket as Preliminary Q3 Sales

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Shares of Sonus Networks (SONS) resumed trading Friday morning with an 11% gain after the company said preliminary results show total revenue is expected to ...

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Iron-Ore Miners Rally as Chinese Imports Set Record High

Shares of companies that mine iron ore are gaining ground pre-market action following Thursday’s after-hours report that China imported a record 102.8 million tons of ...

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Mild Risk With Prices Modestly Higher

In US Treasuries, there’s a mild risk as prices modestly higher/curves flatter, US stocks are lower and gold is higher to start the NY session. ...

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PPI Climbs 0.4% In Line with Expectations

The final headline producer price index climbed 0.4% in September, in line with expectations. The core, ex-food and energy, was also up 0.4%, a little ...

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Pound Drops on Brexit ‘Deadlock’

The pound has dropped on Brexit “deadlock,” which is the word used by the European Union’s chief Brexit negotiator Michel Barniar to describe the present ...

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