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XWELL Inc names new Chief Executive Officer

September 9, 2024 7:53 am
XWELL Inc (NASDAQ: XWEL) said that it had appointed Ezra T. Ernst as its next Chief Executive Officer. Ernst is to succeed Scott Milford, who will remain with the company as a consultant through the end of this year. Most recently, Ezra T. Ernst served as CEO of XWELL brands XpresCheck since January 2022 and […] Read more

Susquehanna downgrades Evertec to “Negative”

September 6, 2024 9:06 am
Susquehanna has downgraded the shares of Evertec Inc (NYSE: EVTC) to “Negative” from “Neutral”, as it cited margin pressure. The firm also revised down its 12-month price target on the stock to $28.00 from $38.00. “Appropriately, the company has been expanding its Total Addressable Market beyond its heritage relationship with its former parent Banco Popular […] Read more

Noble finalizes acquisition of Diamond Offshore Drilling

September 5, 2024 12:14 pm
Noble Corporation plc (NYSE: NE) said on Wednesday that it had finalized its acquisition of Diamond Offshore Drilling Inc. The deal enhances Noble’s position as a leading offshore driller and creates the largest fleet of 7th generation dual-BOP drillships within the industry. “We are excited to close this highly strategic and accretive transaction ahead of […] Read more

Switzerland’s unemployment rate rises to 2.4% in August

September 5, 2024 8:42 am
Switzerland’s jobless rate has risen to 2.4% in August from 2.3% in the prior four months, data by the State Secretariat for Economic Affairs showed. The number of unemployed individuals rose by 3,638 to six-month high of 111,354 in August. Switzerland’s youth unemployment rate, which tracks job-seekers aged between 15 and 24, rose to 2.7% […] Read more

Singapore’s retail sales surge 1% YoY in July

September 5, 2024 7:20 am
Singapore’s retail sales were reported to have increased at an annualized rate of 1% in July, rebounding after a 0.6% drop in June. In July, sales went up for: – motor vehicles (27.2% YoY versus 19.5% YoY in June); – food and alcohol (4.7% YoY versus 4.1% YoY in June); – petrol service stations (4.7% […] Read more

USD/NOK trades within striking distance of 2 1/2-week high

September 4, 2024 11:04 am
The USD/NOK currency pair traded not far from a fresh 2 1/2-week high of 10.7362 on Wednesday ahead of a string of macro data that may provide more clues over the US interest rate cut trajectory. Today’s focus will likely be on US job openings data. The number of job openings probably fell to 8.100 […] Read more

USD/SEK scales two-week peak ahead of US jobs test

September 4, 2024 9:14 am
The USD/SEK currency pair held in proximity to a fresh two-week high of 10.3370 on Wednesday ahead of a string of macro data that may provide more clues over the US interest rate cut trajectory this year. Today’s focus will likely be on US job openings data. The number of job openings probably fell to […] Read more

USD/SGD confined in tight range ahead of US jobs data string

September 4, 2024 7:42 am
The USD/SGD currency pair remained mostly flat on Wednesday ahead of a string of macro data that may provide more clues over the US interest rate cut trajectory this year. Today’s focus will likely be on US job openings data. The number of job openings probably fell to 8.100 million in July from 8.184 million […] Read more

Gladstone Commercial buys industrial facility in Texas

September 3, 2024 9:16 pm
Gladstone Commercial Corporation (NASDAQ: GOOD) said on Tuesday that it had purchased a 50,102 square foot Class A industrial manufacturing, distribution and service facility in Midland, Texas, in a long-term sale-leaseback transaction with a 15-year absolute NNN lease. The property is entirely leased to a provider of electrical feedthrough connectors, wellhead solutions and related services, […] Read more

CAD/CHF eases from 2-week high with BoC decision in focus

September 3, 2024 12:53 pm
The CAD/CHF currency pair pulled back from a two-week peak of 0.6322, while holding below the 0.6300 mark on Tuesday, after Swiss macro data and ahead of the outcome of the Bank of Canada’s policy meeting. The Bank of Canada is expected to lower its benchmark interest rate by 25 basis points to 4.25% at […] Read more