May 20, 2024 12:09 pm
Consumer confidence in Spain has increased to levels last seen in July 2023 in April, data showed on Monday. The gauge of consumer confidence came in at a reading of 84.5 in April, up from 82.5 in the prior month. The latest result was mostly supported by a more optimistic outlook for the future, with […]
Read moreMay 20, 2024 10:18 am
Westinghouse Air Brake Technologies Corp (NYSE: WAB) said on Friday that its Board of Directors had authorized a regular quarterly dividend of $0.20 per share of common stock. The dividend will be paid on June 11th to shareholders of record as of the close of business on May 28th 2024, the company said. The dividend […]
Read moreMay 20, 2024 7:39 am
Spot Silver scaled a fresh 11 1/2-year peak of $32.518 per troy ounce on Monday, as indications of easing inflation in the United States added to market expectations the Federal Reserve could reduce borrowing costs soon. Markets are now pricing in about a 65% chance of a Fed rate cut occurring by September, according to […]
Read moreMay 19, 2024 3:59 pm
France’s jobless rate was reported at 7.5% during the first quarter of the year, stable compared to the prior two quarterly periods. In comparison, a consensus of analyst estimates had pointed to a drop to 7.4%. The total number of unemployed individuals went up by 6,000 compared to the preceding quarter to 2.3 million, data […]
Read moreMay 19, 2024 12:36 pm
Foreign investors’ exposure to Canadian securities has expanded by a net $14.37 billion in March following a net divestment of $4.28 billion in February, the latest data by Statistics Canada showed. It has been the highest figure since June 2023 and it well outpaced market consensus of $3.51 billion. In March, foreign investors acquired $17.9 […]
Read moreMay 18, 2024 4:13 pm
The annual CPI inflation rate in the Euro Area was confirmed at 2.4% in April, or unchanged from March and at a level unseen in nearly three years. In comparison, inflation rate in the bloc stood at 7% in April last year. Last month, services inflation slowed to 3.7% from 4% in March. A slowdown […]
Read moreMay 18, 2024 12:02 pm
Singapore’s non-oil domestic exports were reported to have decreased at a lesser rate than expected in April, while marking the third consecutive month of decline. The nation’s non-oil exports dropped 9.3% year-on-year in April, following a 20.8% slump in March. A consensus of analyst estimates had pointed to a 10% YoY drop. In April, sales […]
Read moreMay 17, 2024 4:04 pm
Swiss industrial production was reported to have shrunk 3.1% during the first quarter of 2024 from a year earlier, following a revised up 0.5% drop in the prior three-month period. In Q1, mining & quarrying output contracted 1.2% year-on-year, following a 1.8% surge in last year’s final quarter. In addition, Swiss manufacturing output continued to […]
Read moreMay 17, 2024 11:27 am
Martin Marietta Materials Inc (NYSE: MLM) said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.74 per share of common stock. The dividend will be paid on June 28th to shareholders of record as of the close of business on June 3rd 2024, the company said. The dividend […]
Read moreMay 17, 2024 10:02 am
Treace Medical Concepts Inc’s (NASDAQ: TMCI) shares retreated more than 5% on Thursday, after UBS cut its investment rating on the stock to “Neutral”. UBS cited limited visibility into Treace Medical’s ability to preserve a market share due to intensifying competition for its bunion product Lapiplasty. The investment bank also revised down its 12-month price […]
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