April 26, 2024 9:27 am
Spain’s rate of unemployment was reported to have risen to its highest level since Q1 2023 in the first quarter of 2024. The unemployment rate came in at 12.29%, up from 11.8% in Q4 of 2023 and exceeding market consensus of 11.8%. In the latest quarter, the number of unemployed persons rose by 117,000 over […]
Read moreApril 26, 2024 7:20 am
The GBP/JPY currency pair advanced to a fresh 15 1/2-year high of 195.965 on Friday, after the Bank of Japan maintained its short-term interest rate intact at around 0% to 0.1% at its April meeting, in line with market expectations. The central bank also stuck with its March guidance to continue purchasing government bonds around […]
Read moreApril 25, 2024 1:12 pm
The US economy grew at an annualized rate of 1.6% in the first quarter of 2024, a preliminary estimate showed, compared with a 3.4% growth in the preceding three months. The latest figure came well short of market consensus of 2.5% and marked growth deceleration for the second straight quarter. It has also been the […]
Read moreApril 25, 2024 10:54 am
Sensata Technologies (NYSE: ST), an industrial technology company and provider of sensor-rich solutions and insights for its clientele, said on Wednesday that its Board of Directors had authorized a quarterly dividend in the amount of $0.12 per share. The second-quarter dividend will be paid on May 22nd to shareholders of record as of the close […]
Read moreApril 25, 2024 9:14 am
Italy’s antitrust authority has imposed a fine of as much as 10 million euros on two subsidiaries of Amazon in relation with alleged unfair commercial practices. The US company “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option on its website for a range of products, according to the authority. […]
Read moreApril 25, 2024 7:21 am
MPLX LP (NYSE: MPLX) said this week its Board of Directors had authorized a quarterly cash dividend in the amount of $0.85 per share of common stock. The dividend will be paid on May 13th to shareholders of record as of the close of business on May 3rd 2024, the company said. Stock Performance The […]
Read moreApril 24, 2024 10:53 am
Business sentiment in Germany has increased to its highest level since May 2023 in April, the latest data by the Ifo Institute showed. The Ifo Business Climate indicator was reported at 89.4 in April, while improving from 87.9 in the previous month. In comparison, a consensus of analyst estimates had pointed to a reading of […]
Read moreApril 24, 2024 9:47 am
Quantum Computing Inc (NASDAQ: QUBT), a quantum optics and nanophononics technology company, said on Tuesday that it had sold its quantum LiDAR prototype to Johns Hopkins University. Valued at $200,000, the prototype will be used for testing and evaluation within Johns Hopkins’ esteemed research and development program. The company’s quantum LiDAR system delivers exceptional precision, […]
Read moreApril 24, 2024 8:34 am
Southern Company (NYSE: SO) has raised its regular quarterly dividend to $0.72 per share from $0.70 per share previously. The dividend will be paid on June 6th to shareholders of record as of the close of business on May 20th 2024, the company said. “Across the Southern Company enterprise, thousands of dedicated employees work tirelessly […]
Read moreApril 24, 2024 7:15 am
Halliburton Co’s first-quarter earnings, reported on Tuesday, exceeded market consensus, since stronger drilling demand internationally offset a weaker performance in North America. Total revenue for the quarter was reported at $5.80 billion, while topping analyst estimates of $5.67 billion. International rig count, which indicates future production, was at 965 on an average at the end […]
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