August 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 […]
Read moreAugust 26, 2024 7:33 am
Spot Gold held in proximity to record highs on Monday, while the US Dollar plummeted to a fresh 13-month low, after Federal Reserve Chair Jerome Powell cemented 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 […]
Read moreAugust 25, 2024 3:51 pm
Eastgroup Properties Inc (NYSE: EGP) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $1.40 per share of common stock. The latter represents an increase of 10.24% compared to the previous quarterly dividend of $1.27 per share. The dividend is the 179th consecutive quarterly cash distribution to the […]
Read moreAugust 25, 2024 11:48 am
Annual consumer inflation in Singapore has remained stable at 2.4% in July, data by Statistics Singapore showed. It has been the lowest inflation level since August 2021. The actual figure compares with market consensus of 2.5%. Food inflation has been the lowest in more than 2 years in July, at 2.7%, while easing from 2.8% […]
Read moreAugust 24, 2024 2:21 pm
France’s business confidence has improved in August, the latest data by INSEE showed. The gauge of business morale came in at a reading of 98.8 in August, while rebounding from a 3 1/2-year low of 95.4 in July. Still, the indicator remained below its long-term average level of 100.0. In August, businesses were less pessimistic […]
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