Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.
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Southwest Airlines (LUV) said earlier this week it was projecting an improvement in its fourth-quarter operating revenue growth amid easing curbs and progressing vaccination campaigns.
The air carrier now forecasts a drop of 10% to 15% in its operating revenue compared with a prior forecast of a 15% to 25% decrease.
The shares of Southwest Airlines closed higher for the fourth time in the past ten trading sessions in New York on Wednesday. The stock edged up 0.13% ($0.06) to $45.27, after touching an intraday low at $44.56. The latter has been a price level not seen since December 3rd ($43.64).
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Forex Market: EUR/AUD trading forecast for Monday During Friday’s trading session EUR/AUD traded within the range of 1.4583-1.4678 and closed at 1.4646.Fundamental viewThe final manufacturing Purchasing Managers’ Index (PMI) in the Euro zone probably remained unchanged at 52.5 in May, […]
GBP/USD holds near 7-week peak with focus on BoE, US NFP The GBP/USD currency pair traded in proximity to a 7-week high of 1.3438 on Monday ahead of the outcome of the Bank of England’s policy meeting, while investors braced for the US Non-Farm Payrolls data tomorrow for more insight into […]
GM, SDI to establish $3 billion EV battery cell plant in Indiana General Motors Co (GM) and Samsung SDI are set to establish an over $3 billion electric vehicle battery cell manufacturing facility in Indiana, which is expected to initiate production in 2026.Located near New Carlisle, Indiana, the […]
Marcus announces $0.07 quarterly dividend The Marcus Corporation (NYSE: MCS) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.07 per share of common stock.The dividend will be paid on June 26th to shareholders of record as of the […]
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