November 24, 2024 9:02 am
Bentley Systems Inc (NASDAQ: BSY), an infrastructure engineering software company, said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.06 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 12th to shareholders of record […]
Read moreNovember 23, 2024 4:01 pm
Goldman Sachs has initiated coverage of EMCOR’s (NYSE: EME) shares by assigning a “Sell” rating, which, as a result, drove the stock down more than 4% on Friday. The Wall Street bank assigned a 12-month price target of $445 per share on the construction company. In October, EMCOR Group reported net income of $270.3 million […]
Read moreNovember 23, 2024 1:28 pm
NI Holdings Inc (NASDAQ: NODK) said on Friday that it had appointed Seth C. Daggett as President and Chief Executive Officer, effective December 1st. Daggett is to succeed Cindy L. Launer, who had been in the role of Interim CEO during the Board of Directors’ search for a permanent CEO. Most recently, Seth Daggett served […]
Read moreNovember 23, 2024 9:11 am
AbbVie Inc’s (NYSE: ABBV) shares have been upgraded to outperform from market perform by Leerink Partners, as the firm noted the recent sell-off in the stock had led to a buying opportunity for market players. “We believe investors can take advantage of the emraclidine setback and election-related downdraft to purchase shares in this high-quality company,” […]
Read moreNovember 22, 2024 12:51 pm
Retail sales in the United Kingdom have shrunk at a monthly rate of 0.7% in October, after a revised down 0.1% increase in September, data by the Office for National Statistics showed. The drop in sales was steeper than what market experts had expected (a 0.3% fall). Low consumer confidence and uncertainty over the Budget […]
Read moreNovember 22, 2024 10:50 am
Avnet Inc (NASDAQ: AVT), a global technology distributor and solutions provider, said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.33 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 18th to shareholders of […]
Read moreNovember 22, 2024 8:49 am
The USD/MYR currency pair remained confined within a narrow range on Friday, following the release of Malaysian CPI data for October. Meanwhile, investors continued to weigh geopolitical situation as Russia lowered its threshold for using nuclear weapons and launched a hypersonic intermediate-range ballistic missile on Ukrainian territory. Concerns over further escalation of the Russia-Ukraine conflict […]
Read moreNovember 21, 2024 12:45 pm
Exxon Mobil Corporation (NYSE: XOM) and LG Chem announced on Wednesday the signing of a non-binding memorandum of understanding for a multi-year offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium is to be supplied from ExxonMobil’s planned project in the United States to LG Chem’s cathode facility in Tennessee, which […]
Read moreNovember 21, 2024 11:14 am
BlackRock Inc (NYSE: BLK) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $5.10 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 23rd to shareholders of record as of the close of business […]
Read moreNovember 21, 2024 10:27 am
OSI Systems Inc (NASDAQ: OSIS) said on Wednesday that its Optoelectronics and Manufacturing division had secured an order valued at nearly $11 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer. “We are pleased with this award from a leader in healthcare technology. This ongoing partnership highlights our commitment to quality […]
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