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USD/SGD: Singapore Dollar rebounds from six-week low

March 26, 2024 8:15 am
The USD/SGD currency pair extended a pullback from a fresh 6-week high of 1.3505 on Tuesday, after data showed a strong rebound in Singapore’s industrial production in February, while investors were also eyeing Friday’s report on US PCE inflation that could shape Fed rate cut expectations. Industrial output in Singapore grew at a monthly rate […] Read more

Clear Secure announces increase to share buyback program

March 25, 2024 8:47 am
Clear Secure Inc (NYSE: YOU) said last week that its Board of Directors had authorized a $100 million increase to the company’s existing Class A common stock share repurchase program. During the first quarter of this year, Clear Secure used $84.9 million to buy back and retire 4.4 million shares of Class A common stock […] Read more

Singapore inflation accelerates to 3.4% in February

March 25, 2024 7:46 am
Annual consumer inflation in Singapore picked up to 3.4% in February from a more than two-year low of 2.9% in January. The actual figure exceeded market consensus of 3.3%. Last month, inflation accelerated for housing (3.9% YoY versus 2.4% YoY in January), recreation & culture (5.5% YoY versus 4.4% YoY in January) and education (3.4% […] Read more

Lowe’s Companies announces $1.10 cash dividend

March 24, 2024 3:34 pm
Lowe’s Companies Inc (NYSE: LOW) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $1.10 per share. The dividend will be paid on May 8th to shareholders of record as of the close of business on April 24th 2024, the company said. Stock Performance The shares of Lowe’s Companies […] Read more

AlTi Global Inc promotes COO to President

March 24, 2024 1:17 pm
AlTi Global Inc (NASDAQ: ALTI), an independent global wealth and alternatives manager, said on Friday that its Chief Operating Officer, Kevin Moran, had been promoted to the role of President, effective immediately. Moran will oversee AlTi’s Wealth Management and Strategic Alternatives businesses and will retain the COO role. Before the merger that formed AlTi, Moran […] Read more

General Dynamics awarded $145 million contract by US DoD

March 24, 2024 12:20 pm
General Dynamics Electric Boat Corp (NYSE: GD) has secured a $145 million cost-plus-fixed-fee modification to previously awarded contract (N00024-19-C-2125) for engineering, technical, design agent and planning yard support for operational strategic and attack submarines. Work will be performed in Groton, Connecticut; Kings Bay, Georgia; Bangor, Washington; Pearl Harbor, Hawaii; North Kingston, Rhode Island; as well […] Read more

TotalEnergies resumes production at Tyra offshore hub

March 23, 2024 4:52 pm
TotalEnergies (Paris: TTE) said on Friday that it had resumed production from the Tyra hub in the Danish North Sea, after it had completed a major redevelopment project of the site. The Tyra hub is expected to produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day, which would once again […] Read more

Chemours appoints President and Chief Executive Officer

March 23, 2024 3:36 pm
The Chemours Company (NYSE: CC) said on Friday that it had appointed Denise Dignam, its current Interim Chief Executive Officer, to the roles of President, CEO and a member of the Board of Directors with immediate effect. Dignam has more than 35 years of experience within the chemical industry, where she has assumed senior roles […] Read more

CVS Health announces $0.665 quarterly dividend

March 23, 2024 12:54 pm
CVS Health Corp (NYSE: CVS) said this week its Board of Directors had authorized a quarterly dividend of $0.665 per share on the company’s common stock. The dividend will be paid on May 1st to shareholders of record as of the close of business on April 22nd 2024, the company said. Stock Performance The shares […] Read more

FB Financial announces $100 mln stock buyback program

March 23, 2024 11:05 am
FB Financial Corporation (NYSE: FBK), the parent company of FirstBank, said this week its Board of Directors had authorized the repurchase of up to $100 million of FBK’s outstanding common stock. The share repurchase program will be in place until January 31st 2026. ”This repurchase authorization reflects the Company’s financial strength and strong profitability. Our […] Read more