January 25, 2025 1:53 pm
Marathon Petroleum Corp (NYSE: MPC), an integrated, downstream energy company based in Findlay, Ohio, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.91 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 10th to […]
Read moreJanuary 25, 2025 11:11 am
CBRE Group Inc (NYSE: CBRE) has been downgraded to “Outperform” from “Strong Buy” at Raymond James. The firm still considered CBRE Group as having the most attractive secular growth profile within its peer group. Yet, it cited more attractive risk/reward propositions elsewhere among peers given CBRE Group’s premium valuation compared to peers. The firm also […]
Read moreJanuary 24, 2025 12:59 pm
Total 2022 compensation for JPMorgan Chase & Co’s Chief Executive Officer Jamie Dimon has increased more than 8% to $39 million, as the Wall Street bank reported a record profit for FY 2024 amid a revival in dealmaking activities. The CEO’s compensation included a base salary of $1.5 million and $37.5 million in incentives, the […]
Read moreJanuary 24, 2025 9:47 am
Summit Hotel Properties Inc (NYSE: INN) said on Thursday that its Board of Directors had authorized a quarterly cash dividend of $0.08 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 28th to shareholders of record as of the close of […]
Read moreJanuary 24, 2025 7:51 am
Ford Motor Co (NYSE: F) said that it expected to record a pre-tax remeasurement gain of about $0.7 billion in its fourth quarter 2024 results associated with pension and other postretirement employee benefits (OPEB) plans. It included “a $0.3 billion loss associated with pension plans in the United States, a $0.9 billion gain associated with […]
Read moreJanuary 23, 2025 11:47 am
Northern Trust Corp (NASDAQ: NTRS) said on Wednesday that its Board of Directors had authorized a quarterly cash dividend of $0.75 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on April 1st to shareholders of record as of the close of business […]
Read moreJanuary 23, 2025 8:29 am
Spot Gold eased from a 12-week high of $2,763.43 per troy ounce on Thursday, as the US Dollar firmed. “It’s just a technical pullback because the dollar has been taking back on $108 level, triggering some profit-booking, but the undertone for gold is expected to be positive,” Ajay Kedia, director at Kedia Commodities, was quoted […]
Read moreJanuary 22, 2025 12:01 pm
Enlightify Inc (NYSE: ENFY), which produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products via its subsidiaries in China, has announced a share repurchase program. Under the latter, the company will buy back up to 2,000,000 shares of its common stock at a price not exceeding $3.00 per share. […]
Read moreJanuary 22, 2025 8:28 am
The USD/MYR currency pair plummeted to a fresh six-week low of 4.4440 on Wednesday, after the Central Bank of Malaysia left borrowing costs without change for a tenth straight policy meeting in January, in line with market consensus. The Central Bank of Malaysia maintained its benchmark interest rate at 3%, as policy makers remained supportive […]
Read moreJanuary 21, 2025 11:47 am
Sensient Technologies Corp (NYSE: SXT), a global manufacturer and marketer of colors, flavors and other specialty ingredients, said that its Board of Directors had authorized a quarterly cash dividend of $0.41 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 3rd […]
Read more