August 29, 2024 12:37 pm
Annual consumer price inflation in Germany has eased to its lowest level since March 2021 in August, a preliminary figure showed. Annual CPI inflation stood at 1.9% in August, while easing from 2.3% in July. In comparison, market consensus had pointed to a lesser slowdown – to 2.1%. Meanwhile, Germany’s EU-harmonized inflation rate eased to […]
Read moreAugust 29, 2024 9:29 am
Retail sales in Norway have increased 1.2% in July over June, the latest data by Statistics Norway showed. The latter followed a 5.1% slump in June and topped market consensus of a 0.9% surge. In July, sales rebounded for: – non-specialized stores (1.5% after a 6.4% slump in June); – food and beverages (1.3% after […]
Read moreAugust 29, 2024 6:58 am
Deere & Company (NYSE: DE) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $1.47 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on November 8th to shareholders of record as of the close of […]
Read moreAugust 28, 2024 10:58 am
Greif Inc (NYSE: GEF.B) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.81 per share on its Class B Common Stock. The latter represents an increase of 3.85% compared to the previous quarterly dividend of $0.78 per share. The dividend will be paid on October 1st to […]
Read moreAugust 28, 2024 8:41 am
Ascent Industries Co (NASDAQ: ACNT), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, said on Tuesday that it had opened its new corporate headquarters in Schaumburg, Illinois. The new space is located in the Woodfield Preserve Office Center II, a highly regarded office complex in Chicago’s northwest […]
Read moreAugust 28, 2024 6:55 am
Trinity Capital Inc (NASDAQ: TRIN) said on Tuesday that it had provided $35 million in equipment financing to ApiJect Systems Corp, a public-benefit medical technology company. ApiJect works with pharmaceutical companies to design rapidly scalable, cost-efficient drug delivery systems and, after that, it provides assistance in manufacturing the devices. “We built the ApiJect injection platform […]
Read moreAugust 27, 2024 9:00 am
Campbell Soup Company (NASDAQ: CPB) said on Monday that it had finalized the sale of the Pop Secret popcorn business to Our Home. However, the company did not disclose any financial details of the transaction. The Pop Secret business generated about $120 million in net sales during fiscal 2024. “This marks another step in our […]
Read moreAugust 27, 2024 7:01 am
Bloomin’ Brands Inc (NASDAQ: BLMN) said on Monday that it had appointed Michael L. Spanos as its next Chief Executive Officer, effective September 3rd. Spanos joins Bloomin’ Brands from Delta Air Lines, where he served as Executive Vice President and Chief Operating Officer. Before his appointment at Delta Air Lines, Spanos was CEO and President […]
Read moreAugust 26, 2024 1:04 pm
The seasonally adjusted unemployment rate in Norway has decreased to 3.9% in July from 4.1% in June, data by Statistics Norway showed. It has been the lowest jobless rate since February. The number of unemployed individuals dropped by 5,000 from a month ago to 118,000 in July. At the same time, the number of employed […]
Read moreAugust 26, 2024 9:10 am
The USD/CHF currency pair plunged to a fresh three-week low of 0.8456 on Monday, after Federal Reserve Chair Jerome Powell solidified market expectations of a rate cut in September. In a speech at the Jackson Hole symposium last week, the Fed Chair signaled the central bank was ready to adjust monetary policy, as the timing […]
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