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Stellar Bancorp announces quarterly dividend of $0.13

February 26, 2024 8:08 am
Stellar Bancorp Inc (NYSE: STEL) said last week that its Board of Directors had authorized a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be paid on March 29th to shareholders of record as of the close of business on March 18th 2024, the Houston, Texas-based bank […] Read more

Allstate Corp increases quarterly dividend to $0.92

February 25, 2024 3:45 pm
The Allstate Corporation (NYSE: ALL) said on Friday that its Board of Directors had authorized a regular quarterly dividend of $0.92 per share. The latter represents an increase of 3.4% compared to the previous quarter dividend. The dividend will be paid on April 1st to shareholders of record as of the close of business on […] Read more

Wesco agrees to sell integrated supply business for $350M

February 25, 2024 1:20 pm
Wesco International Inc (NYSE: WCC) said on Friday that it had entered into a definitive agreement to sell its Wesco Integrated Supply business to Vallen Distribution Inc for a total consideration of $350 million. The business that is being divested generated annual net sales of nearly $784 million last year. “This divestiture supports our portfolio […] Read more

AerCap sees engine supply issues continuing

February 25, 2024 12:43 pm
AerCap’s Chief Executive Officer Aengus Kelly said the supply of engine parts could not catch up with demand by the end of the decade. According to Kelly, while problems related to the manufacturing of airframes will be more easily resolved, the finite supply of parts to build and repair engines will make it more difficult […] Read more

Xcel Energy raises quarterly dividend to $0.55

February 24, 2024 1:42 pm
Xcel Energy Inc (NASDAQ: XEL) said this week its Board of Directors had authorized a regular quarterly dividend of $0.5475 per common share, an increase from $0.52 per share previously. The dividend will be paid on April 20th to shareholders of record as of the close of business on March 15th 2024, the company said. […] Read more

Compass Minerals appoints new Chief Operating Officer

February 24, 2024 12:41 pm
Compass Minerals (NYSE: CMP) said this week it had appointed Gordon Dunn as its next Chief Operating Officer. As COO, Dunn will be responsible for all global operations within the company’s Salt and Plant Nutrition businesses. Dunn is to succeed George J. Schuller Jr., who has been the company’s COO since September 2019. Dunn holds […] Read more

Olympic Steel increases quarterly dividend to $0.15

February 23, 2024 9:52 am
Olympic Steel Inc (NASDAQ: ZEUS) said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.15 per share. The latter compares with a previous quarterly dividend of $0.125 per share. The dividend will be paid on March 15th to shareholders of record as of the close of business on […] Read more

Siyata Mobile gets order for 1000 UV350 devices

February 23, 2024 8:17 am
Siyata Mobile Inc (NASDAQ: SYTA), a developer and vendor of Push-to-Talk over Cellular handsets and accessories, said this week it had received a purchase order for 1,000 units of its UV350 all-in-one in vehicle fleet communication devices from an international EMS provider. Deliveries of the devices are expected in the first quarter of 2024, Siyata […] Read more

USD/CAD hovers above 1-week low ahead of Canada retail sales

February 22, 2024 11:44 am
The USD/CAD currency pair edged lower on Thursday ahead of Canadian retail sales data, which may provide further clues over the Bank of Canada’s rate trajectory, and after the FOMC meeting minutes revealed a cautious approach to rate cuts. FOMC policy makers expressed concerns over the risks of reducing interest rates too early, the minutes […] Read more

NZD/USD scales 5-week peak after Fed minutes, NZ data

February 22, 2024 10:14 am
The NZD/USD currency pair scaled a fresh five-week peak on Thursday, after data showed New Zealand’s trade deficit had shrunk in January, while the FOMC meeting minutes revealed a cautious approach to rate cuts. New Zealand’s trade deficit shrank to NZD 0.976 billion in January from NZD 2.095 billion in the same month of 2023. […] Read more