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Ford’s US vehicle sales surge 10.5% YoY in February

March 5, 2024 11:35 am
Ford Motor Co (NYSE: F) on Monday reported a 10.5% increase in total US vehicle sales for the month of February to 174,192 units. Results were driven by robust demand for family crossover SUVs, pickup trucks and hybrid vehicles, the company said. Sales of hybrid vehicles, including electrified versions of Ford’s popular Maverick compact truck […] Read more

Fusion Fuel gets €1 mln grant from European Innovation Fund

March 5, 2024 9:48 am
Fusion Fuel (NASDAQ: HTOO) said this week it had received approval for a EUR 1.015 million grant from the European Innovation Fund’s Horizon Europe Programme. Fusion Fuel was included as a member of H2tALENT – a consortium of 29 partners from 6 countries across Europe that is sponsored by the Universidade de Évora. The scope […] Read more

Accenture announces acquisition of The Lumery

March 5, 2024 8:45 am
Accenture PLC (NYSE: ACN) said this week it had acquired The Lumery, a Melbourne-based marketing technology consultancy. The financial details of the agreement were not disclosed. The acquisition is expected to bolster the marketing transformation capabilities of Accenture Song, Accenture PLC’s tech-powered creative group. It is expected to add considerable depth to Accenture Song’s offerings […] Read more

SMX PLC appoints new Chief Financial Officer

March 4, 2024 8:56 am
SMX (Security Matters) PLC (NASDAQ: SMX), an innovative company specializing in digitization of physical objects to foster a circular and closed loop economy, said last week it had appointed Ofira Bar as its next Chief Financial Officer, effective March 1st. Bar, a finance executive with 20 years of experience, is to succeed Limor Moshe Lotker […] Read more

Boyd Gaming raises quarterly dividend to $0.17

March 3, 2024 1:02 pm
Boyd Gaming Corporation (NYSE: BYD), a geographically diversified operator of 28 gaming entertainment properties in 10 states, said this week its Board of Directors had authorized a regular quarterly dividend of $0.17 per share. The latter represents an increase from a previous quarterly dividend of $0.16. The dividend will be paid on April 15th to […] Read more

FMC Corporation announces quarterly dividend of $0.58

March 2, 2024 1:52 pm
FMC Corporation (NYSE: FMC), a global agricultural sciences company, said this week its Board of Directors had authorized a regular quarterly dividend of $0.58 per share. The dividend will be paid on April 18th to shareholders of record as of the close of business on March 28th 2024, the company said. Stock Performance The shares […] Read more

Citigroup to dismiss 286 New York employees

March 1, 2024 12:16 pm
According to a report by Reuters, citing Citigroup Inc’s filings to the State Department of Labor, the lender intends to dismiss 286 employees in New York. Three separate notices from this week revealed the layoffs would affect 239 employees at Citigroup’s primary banking subsidiary, 44 at its broker-dealer unit and 3 at its technology arm. […] Read more

Euro Area inflation eases less than forecast, EUR/USD flat

March 1, 2024 10:25 am
Euro Area’s annual consumer inflation rate slowed to 2.6% in February from 2.8% in January, the preliminary data by Eurostat showed. Market consensus had pointed to a larger drop to 2.5%. February’s rate has been the lowest in three months, but it still remained above the European Central Bank’s inflation objective of 2%. Last month, […] Read more

Spot Silver steady as US inflation pressure eases

March 1, 2024 8:11 am
Spot Silver was little changed not far from a three-day high of $22.785, after the latest US data implied price pressures were easing, while expectations of a Fed interest rate cut in June remained largely unaffected. The US core PCE Price Index, the Federal Reserve’s preferred measure of inflation, rose 2.8% YoY in January, in […] Read more

Canada’s GDP expands 0.2% in fourth quarter

February 29, 2024 1:55 pm
Canada’s economy expanded 0.2% quarter-on-quarter in Q4, the latest data by Statistics Canada showed, following a revised up 0.1% contraction in Q3. Last quarter, Canada’s exports of goods and services surged 1.4%, mostly supported by a 6.2% increase in shipments of crude oil and crude bitumen. Total imports of goods and services went down 0.4% […] Read more