March 30, 2024 12:02 pm
RTX Corp’s (RTX) Raytheon unit has been awarded a $287 million modification to a previously announced firm-fixed-price, cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. The modification focuses on the recertification and modernization of 166 Tomahawk Block IV All-Up-Round Missiles, aiming to ensure the latter can remain operational for up to additional 15 years of service. Work is to […]
Read moreMarch 29, 2024 11:47 am
The Buckle Inc (NYSE: BKE), a specialty retailer offering a mix of high-quality, on-trend apparel, accessories and footwear, said this week its Board of Directors had authorized a quarterly dividend of $0.35 per share. The dividend will be paid on April 26th to shareholders of record as of the close of business on April 12th […]
Read moreMarch 29, 2024 9:12 am
Annual consumer inflation in France has eased more than expected, to 2.3% in March, from 3% in February, preliminary data by INSEE showed. It has been the lowest CPI inflation rate since September 2021. In March, food inflation slowed to 1.7% from 3.6% in the prior month. There has also been a slowdown in cost […]
Read moreMarch 29, 2024 7:45 am
Elbit Systems Ltd (NASDAQ: ESLT) said this week it had secured a contract worth nearly $300 million to supply defense solutions to an international customer. The contract will be performed over a 10-year period, Elbit Systems added. “This contract further validates our position as a global leader in defense technology, delivering advanced solutions that address […]
Read moreMarch 28, 2024 9:06 am
UK’s economy has entered a technical recession in the fourth quarter of 2023 for the first time since the aftermath of the coronavirus outbreak in the first half of 2020, with elevated inflation, multi-year high interest rates and weak external demand pressuring overall activity. The nation’s Gross Domestic Product decreased 0.3% quarter-on-quarter in Q4, a […]
Read moreMarch 28, 2024 7:53 am
Retail sales in Germany decreased at a monthly rate of 1.9% in February, data by the Federal Statistical Office showed on Thursday. The actual figure confounded market expectations of a 0.3% monthly growth. It has been the sharpest rate of decline in retail trade since October 2022 due to the impact of sticky inflation and […]
Read moreMarch 27, 2024 9:21 am
Annual consumer price inflation in Spain accelerated to 3.2% in March from a six-month low of 2.8% in February, preliminary data by the National Statistics Institute showed on Wednesday. The actual figure came in line with market consensus. In March, prices of electricity and fuel picked up, while the cost of food and non-alcoholic beverages […]
Read moreMarch 27, 2024 7:56 am
Retail sales in Norway went up at a monthly rate of 0.1% in February, data by Statistics Norway showed on Wednesday, while rebounding after a 0.1% drop in January. Market consensus had pointed to a 0.2% monthly growth. Last month, there was a rebound in sales at non-specialized stores, up 0.7% after a 0.1% fall […]
Read moreMarch 26, 2024 11:33 am
The USD/ZAR currency pair edged higher on Tuesday ahead of a policy decision by the South African Reserve Bank, while investors were also eyeing Friday’s report on US PCE inflation that could affect Fed rate cut expectations. The US core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation measure, is expected to […]
Read moreMarch 26, 2024 9:42 am
The USD/SEK currency pair traded in proximity to recent six-week peak on Tuesday ahead of a rate decision by Sweden’s Riksbank, while investors were also eyeing Friday’s report on US PCE inflation that could affect Fed rate cut expectations. The US core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation measure, is […]
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