May 9, 2024 12:09 pm
The Bank of England left its benchmark interest rate unchanged at a 16-year high of 5.25% at its policy meeting in May, in line with market expectations. Yet, it became clear that two Monetary Policy Committee members had voted in favor of a 25 basis point rate cut. Borrowing costs have now been left on […]
Read moreMay 9, 2024 10:34 am
TXO Energy Partners (NYSE: TXO) said this week its Board of Directors had authorized a quarterly cash dividend of $0.65 per share of common stock. The dividend will be paid on May 29th to shareholders of record as of the close of business on May 20th 2024, the company said. “Our first quarter performance highlights […]
Read moreMay 9, 2024 8:00 am
IDEX Corp (NYSE: IEX) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.69 per share of common stock. The dividend will be paid on May 31st to shareholders of record as of the close of business on May 17th 2024, the company said. This marked IDEX Corp’s 118th […]
Read moreMay 8, 2024 2:18 pm
Manufacturing production in Norway was reported to have increased at a monthly rate of 5.4% in March, while rebounding from a revised down 1% slump in February. In March, production rebounded for textiles, wearing apparel & leather (8.7% month-over-month after a 0.5% drop in February), refined petroleum, chemicals & pharmaceuticals (5.8% month-over-month after a 5.2% […]
Read moreMay 8, 2024 9:40 am
Retail sales in Italy unexpectedly stalled from a month ago in March following a 0.2% increase in February, the latest data by the National Institute of Statistics showed. In comparison, a consensus of analyst estimates had pointed to a 0.2% rise. Italy’s latest figure came in contrast with a 0.8% sales growth in the Euro […]
Read moreMay 8, 2024 8:11 am
The Swedish Krona weakened sharply against the Euro on Wednesday, after Riksbank cut its benchmark policy rate by 25 basis points to 3.75% at its May policy meeting, in line with market consensus. It has been the first rate cut since 2016, which followed the tightening cycle that began two years ago. With CPI inflation […]
Read moreMay 7, 2024 4:53 pm
Canada’s seasonally adjusted Ivey Purchasing Managers’ Index was reported at a reading of 63.0 in April, up from 57.5 in March. The latest PMI result exceeded a consensus of analyst estimates of 58.1 and has also been the highest in two years. The sub-index of prices was reported at its highest level since December, at […]
Read moreMay 7, 2024 1:43 pm
Germany’s trade balance surplus has widened to EUR 22.3 billion in March from EUR 21.4 billion in February, the latest data by the Federal Statistical Office showed. In comparison, market consensus had pointed to a surplus of EUR 22.4 billion. Total exports went up 0.9% month-over-month to EUR 134.1 billion in March, while rebounding after […]
Read moreMay 7, 2024 9:19 am
Accenture Federal Services announced that it had secured the US Army’s Enterprise Application Modernization and Migration contract with a potential value of $127 million. Accenture Federal Services, a subsidiary of Accenture PLC, will assess applications and provide migration and modernization recommendations to execute moving applications out of Army data centers and into the cloud. ”The […]
Read moreMay 7, 2024 8:09 am
Switzerland’s jobless rate was reported at 2.3% in April, down from 2.4% in March, the latest data by the State Secretariat for Economic Affairs showed on Tuesday. It has been the lowest rate since December 2023. The number of unemployed individuals decreased by 1,636 to 106,957 in April compared to a month ago. Switzerland’s youth […]
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