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Sweetgreen appoints new Chief Operating Officer

February 3, 2024 4:40 pm
Sweetgreen Inc (SG) said on Friday that it had appointed Rossann Williams as its next Chief Operating Officer, effective February 5th. As COO, she will oversee Operations, Real Estate & Development and Supply Chain, Sweetgreen said. Before joining Sweetgreen, Williams worked more than 18 years at Starbucks, where she advanced to Executive Vice President and […] Read more

RTX Corp announces $0.59 quarterly cash dividend

February 3, 2024 12:58 pm
RTX Corp (RTX) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.59 per outstanding share of RTX common stock. The dividend will be paid on March 21st to shareholders of record at the close of business on February 23rd 2024. The defense company, which employs more than 185,000 […] Read more

USD/SEK confined in tight range as focus shifts to US jobs

February 2, 2024 11:20 am
The USD/SEK currency pair held mostly steady on Friday, trading within a narrow range, ahead of key US employment data later in the day, which will be closely watched for clues regarding the Fed’s rate outlook. The exotic currency pair was poised to register a 0.69% weekly loss following central bank policy decisions. Market focus […] Read more

USD/ZAR rebounds from 1-month low as focus sets on US NFP

February 2, 2024 9:56 am
The USD/ZAR currency pair rebounded from a fresh 1-month low on Friday ahead of key US employment data later in the day, which will be closely watched for clues regarding the Fed’s rate outlook. Still, the currency pair was on track to register a second consecutive week of losses, being down 0.65%. “It has been […] Read more

GBP/CAD bounces off 4-week low with BoE cautious about cuts

February 2, 2024 7:49 am
The GBP/CAD currency pair rebounded from Thursday’s 4-week trough, after the Bank of England kept borrowing costs on hold and said it wanted more proof inflation would go back to target before cutting rates. The Bank of England left its benchmark interest rate without change at a 16-year high of 5.25% for the fourth consecutive […] Read more

EUR/JPY trades near 3-week low as lower US yields boost Yen

February 1, 2024 12:02 pm
The EUR/JPY currency pair hovered just above a fresh 3-week low on Thursday, as core inflation in the Eurozone decelerated to a 22-month low in January, while the Japanese Yen received a boost from lower US Treasury yields. Preliminary data showed on Thursday that Euro Area’s annual inflation had slowed to 2.8% in January from […] Read more

EUR/USD falls to 7-week low after Fed as Eurozone inflation slows

February 1, 2024 10:02 am
The EUR/USD currency pair hovered just above a fresh 7-week trough on Thursday, after Federal Reserve Chair Jerome Powell pushed back on the idea that an interest rate cut could come as early as March, which kept the dollar supported. The Federal Reserve left its federal funds rate target range without change at a 23-year […] Read more

USD/KRW: Won edges lower as March rate cut by Fed not likely

February 1, 2024 8:12 am
Having advanced to an intraday high of 1,329.92 per dollar on the back of upbeat domestic macro data, the South Korean Won gave back those gains later during the Asian session. The US Dollar remained supported after Federal Reserve Chair Jerome Powell pushed back on the idea an interest rate cut could come as early […] Read more

BuildDirect appoints Interim Chief Financial Officer

January 31, 2024 12:18 pm
BuildDirect.com Technologies Inc, a leading omni-channel building material retailer, said earlier this week its Board of Directors had appointed Marshall Rosichuk as Interim Chief Financial Officer, effective January 27th. Rosichuk is a financial executive with over two decades of experience as a CFO, Corporate Controller and Consultant to public and private companies within the service, […] Read more

Arthur J. Gallagher acquires Horak Insurance, shares rise

January 31, 2024 10:41 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Tuesday that it had acquired Horak Insurance Inc, based in Washington, Iowa. However, the company did not disclose any financial details of the agreement. Horak Insurance Inc is a retail property/casualty insurance agency that serves commercial and personal […] Read more