May 15, 2024 9:44 am
Loews Corporation (NYSE: L) said on Tuesday that its Board of Directors had authorized a quarterly dividend of $0.0625 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 29th 2024, the company said. The dividend was kept unchanged from […]
Read moreMay 15, 2024 8:26 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Monday that it had acquired Cedar Rapids, Iowa-based Acumen Advisors Inc. However, the company did not disclose any financial details of the agreement. Acumen is an employee benefits consultant, which serves small and medium-sized businesses throughout Iowa. “Acumen […]
Read moreMay 14, 2024 1:52 pm
The jobless rate in South Africa was reported at a 1-year high in the first quarter of 2024, according to Statistics South Africa data. The unemployment rate surged to 32.9% in Q1 from 32.1% in the final quarter of 2023. The number of unemployed persons rose markedly, by 330,000, to reach 8.2 million, or the […]
Read moreMay 14, 2024 9:10 am
Producer and import prices in Switzerland decreased at an annual rate of 1.8% in April, the latest data by the Swiss Federal Statistical Office showed on Tuesday. It has been the 12th consecutive month of year-on-year decline, but yet, the slowest since December 2023. The nation’s producer prices dropped at a softer rate in April, […]
Read moreMay 14, 2024 8:13 am
Annual consumer price inflation in Germany was confirmed at 2.2% in April, or unchanged compared to March, a final estimate by the Federal Statistical Office showed on Tuesday. It has been the lowest CPI inflation reading since May 2021. Last month, services inflation slowed to 3.4% from 3.7% in March, while energy costs dropped at […]
Read moreMay 13, 2024 12:17 pm
Mitek Systems Inc (NASDAQ: MITK), a leader in digital identity and digital fraud prevention, said on Monday that its Board of Directors had authorized a two-year share buyback program valued at up to $50 million. “The share repurchase program reflects our confidence in our strategy for long-term profitable growth and our belief that we can […]
Read moreMay 13, 2024 10:27 am
Consumer morale in Switzerland remained almost unchanged from a month ago in April, with the gauge of confidence coming in at a reading of -38.1, down from -38 in March. The latter has been the highest level of confidence since July 2023. The latest figure remained considerably below the long-term average level, the State Secretariat […]
Read moreMay 13, 2024 8:45 am
Spot Gold retreated on Monday, as investor focus now sets on US producer price and consumer price inflation reports this week, which may provide more clues on the Federal Reserve’s interest rate trajectory. Annual headline consumer inflation in the United States probably slowed to 3.4% in April, according to market consensus, from 3.5% in March. […]
Read moreMay 12, 2024 2:28 pm
The jobless rate in Canada remained stable at 6.1% in April, data by Statistics Canada showed. It has been the highest unemployment rate since October 2021. In comparison, a consensus of analyst estimates had pointed to an increase to 6.2%. The number of unemployed individuals in the country went up by 17,100 from the prior […]
Read moreMay 11, 2024 3:21 pm
Sweden’s industrial production has expanded at an annual rate of 2.9% in March, while rebounding after a revised up 2.5% contraction in the prior month. In March, production growth picked up for mining & quarrying (10.4% YoY compared to 5% YoY in February). Meanwhile, manufacturing output rebounded in March (2.5% YoY after a 2.8% YoY […]
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