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Specialty medicines surged 15% as oncology and respiratory treatments drove growth.
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Speculation of a deal has swirled since last week, and several outlets reported the acquisition could value Instacart at roughly $17 billion.
Speculation of a deal has swirled since last week, and several outlets reported the acquisition could value Instacart at roughly $17 billion.
The Federal Reserve held interest rates steady on Wednesday after raising borrowing costs in September to clamp down on inflation. CBS News' Kelly O'Grady breaks it down.
The FOMC maintains the federal funds rate as Chair Kevin Warsh introduces strategy meetings. The post Fed Delivers an October Surprise on Strategy, Not Politics appeared first on Global Finance…
(RTTNews) - Albany International Corp. (AIN) on Wednesday reported a swing to a profit as revenue surged 34%, driven by stronger performance in its Engineered Composites business and favorable…
Revenue jumped 15% to $532 million as drilling activity surged in North America.