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Canoo announces Chapter 7 Bankruptcy Code filing

January 21, 2025 9:20 am
Canoo Inc (NASDAQ: GOEV), a high-tech advanced mobility and energy company, said that it had filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code. As a result, a Bankruptcy Trustee will be appointed to oversee the liquidation of the company’s assets and the distribution of proceeds to creditors. “We would […] Read more

Alliant Energy Corp increases dividend to $0.5075

January 21, 2025 8:07 am
Alliant Energy Corp (NASDAQ: LNT), which provides regulated energy service to nearly 1,000,000 electric and 425,000 natural gas clients across Iowa and Wisconsin, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.5075 per share of common stock. The latter represents an increase of 5.73% compared to the previous […] Read more

MGE Energy announces $0.45 quarterly dividend

January 20, 2025 9:41 am
MGE Energy Inc (NASDAQ: MGEE), a public utility holding company, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 15th to shareholders of record as […] Read more

Mawson Infrastructure appoints new Chief Financial Officer

January 20, 2025 7:53 am
Mawson Infrastructure Group Inc (NASDAQ: MIGI) said on Friday that it had appointed William C. Regan as its next Chief Financial Officer, effective January 17th. Regan brings 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies. Previously, he has been in a number of CFO […] Read more

Ally Financial announces $0.30 quarterly dividend

January 18, 2025 4:29 pm
Ally Financial Inc (NYSE: ALLY) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.30 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 14th to shareholders of record as of the close of business […] Read more

Salesforce Inc upgraded to “Buy” at TD Cowen

January 18, 2025 12:07 pm
The shares of Salesforce Inc (NYSE: CRM) rose more than 1% on Friday, after TD Cowen upgraded the stock to “Buy” from “Hold”. The firm also revised up its 12-month price target to $400 per share from $380 previously. The upgrade was related to the deployment of the Agentforce AI product. Stock Performance The shares […] Read more

AMD downgraded to “Peer Perform” at Wolfe Research

January 17, 2025 12:25 pm
Wolfe Research has downgraded Advanced Micro Devices Inc (NASDAQ: AMD) to “Peer Perform” from “Outperform”, as the firm warned of slower data center GPU revenue growth than anticipated. Wolfe Research now expects $1.5 billion to $2 billion in data center GPU revenue for the fourth quarter of 2024. That is well below a previous forecast […] Read more

Spot Gold holds near 1-month peak on Fed rate cut bets

January 17, 2025 8:12 am
Spot Gold was holding not far from a fresh 1-month high on Friday and was poised for a third weekly gain in a row, as expectations of further interest rate cuts by the Federal Reserve grew following the latest US CPI inflation data. Fed Governor Christopher Waller said on Thursday that three or four rate […] Read more

Kenvue announces $0.205 quarterly dividend

January 16, 2025 12:44 pm
Kenvue Inc (NYSE: KVUE), the world’s largest pure-play consumer health company by revenue, said on Thursday that its Board of Directors had authorized a quarterly cash dividend of $0.205 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 26th to shareholders […] Read more

USD/KRW: Won eases from 1-week high as BoK holds base rate

January 16, 2025 8:06 am
The South Korean Won pulled back from a fresh one-week high against the US Dollar, after the Bank of Korea surprisingly left interest rates without change at its January meeting. The Bank of Korea kept its base rate intact at 3%, against market consensus of a 25 basis point cut. The rate decision came amid […] Read more