May 31, 2024 11:28 am
TowneBank (NASDAQ: TOWN) said this week its Board of Directors had authorized a quarterly cash dividend of $0.25 per share of common stock. The dividend will be paid on July 12th to shareholders of record as of the close of business on June 28th 2024, the company said. The dividend was kept unchanged from the […]
Read moreMay 31, 2024 9:45 am
Annual consumer price inflation in France has remained stable at 2.2% in May, a preliminary figure showed on Friday. A consensus of analyst estimates had pointed to an acceleration to 2.4%. It has been the lowest inflation rate since September 2021. In May, prices increased at a faster rate for food (1.3% YoY compared to […]
Read moreMay 31, 2024 7:43 am
Guggenheim Securities has downgraded Generac Holdings Inc (NYSE: GNRC) to “Sell” from a prior investment rating of “Neutral”, as the financial services firm cited overvaluation. Generac Holdings’ stock has risen over 31% since the beginning of March. “The market is reacting to reports that 2024 is likely to see an active hurricane season,” Guggenheim Securities […]
Read moreMay 30, 2024 2:41 pm
The South African Reserve Bank left its benchmark repo rate at a 15-year high of 8.25% at its May policy meeting, in line with market consensus. The central bank left borrowing costs on hold for the sixth meeting in a row after its rate-hiking campaign. Despite that inflation outlook risks were seen as broadly balanced, […]
Read moreMay 30, 2024 11:33 am
Consumer confidence in Sweden has reached its highest level since February 2022 in May, the latest data by the National Institute of Economic Research showed. The consumer confidence indicator in the country was reported at a reading of 91.3 in May, up from 88.8 in the preceding month. In the meantime, consumers’ optimism about the […]
Read moreMay 30, 2024 10:10 am
Photronics Inc (NASDAQ: PLAB), a leading provider of photomask technologies and solutions, said this week it had promoted Eric Rivera to Chief Financial Officer with immediate effect. Rivera has been appointed as interim CFO since February 2024 and has also served as Chief Accounting Officer since 2020. “I am pleased to have Eric join our […]
Read moreMay 30, 2024 8:07 am
Elbit Systems Ltd (NASDAQ: ESLT) said this week its Board of Directors had authorized a quarterly cash dividend of $0.50 per share of common stock. The dividend will be paid on July 1st to shareholders of record as of the close of business on June 18th 2024, the company said. The dividend was kept unchanged […]
Read moreMay 30, 2024 7:06 am
The Deere & Company (NYSE: DE) said on Wednesday that its Board of Directors had authorized a quarterly cash dividend of $1.47 per share of common stock. The dividend will be paid on August 8th to shareholders of record as of the close of business on June 28th 2024, the company said. The dividend was […]
Read moreMay 29, 2024 5:20 pm
Producer prices in Singapore edged up 0.1% year-on-year in April, the latest data by Statistics Singapore showed on Wednesday. This marked the fourth consecutive month of decreasing domestic supply prices. In April, prices decreased at a slower rate for crude materials (-2.8% YoY compared to -7.4% YoY in March), animal & vegetable oils, fats & […]
Read moreMay 29, 2024 12:26 pm
Mizuho initiated coverage of Fortrea Holdings Inc (NASDAQ: FTRE), while assigning a “Neutral” investment rating and a price target of $27 on the stock. Mizuho cited low near-term earnings visibility resulting from market share losses associated with its spin-out from Labcorp last year. Mizuho said it saw the likely path to Fortrea Holdings’ recovery in […]
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