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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

FirstEnergy raises quarterly dividend to $0.425

March 22, 2024 8:40 am
FirstEnergy Corp (NYSE: FE) said this week its Board of Directors had authorized a quarterly dividend of $0.425 per share of outstanding common stock. The latter represents an increase of about 4% compared to the prior dividend payment. The dividend will be paid on June 1st to shareholders of record as of the close of […] Read more

Commercial Metals raises cash dividend to $0.18

March 21, 2024 10:59 am
Commercial Metals Company (NYSE: CMC) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.18 per share of common stock. The latter represents an increase of 13% compared to the prior dividend payment. The dividend will be paid on April 10th to shareholders of record as of the […] Read more

Spot Gold scales fresh record high as Fed flags 3 rate cuts

March 21, 2024 7:51 am
Spot Gold registered a fresh all-time high of $2,222.91 per oz. on Thursday, as the US Dollar and Treasury yields edged lower after the Federal Reserve signaled three rate cuts before year-end. The Fed left its federal funds rate target range without change at a 23-year high of 5.25%-5.50% for the fifth straight policy meeting […] Read more

NZD/USD trades near 17-week low ahead of Fed decision

March 20, 2024 11:28 am
The NZD/USD currency pair hovered just above a fresh 17-week low of 0.6024 on Wednesday ahead of the outcome of the Federal Reserve’s policy meeting. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year high of 5.25%-5.50% for the fifth straight policy meeting in March. Federal […] Read more

GBP/USD trades near 2-week low with Fed, BoE decisions in sight

March 20, 2024 9:59 am
The GBP/USD currency pair hovered just above recent two-week low of 1.2667 on Wednesday, as market players awaited the outcome of the Federal Reserve and the Bank of England policy meetings. Traders were also mulling the latest inflation figures that were reported by the United Kingdom. Earlier today, the ONS data showed UK’s annual inflation […] Read more

GBP/JPY scales 8 1/2-year peak after BoJ as UK inflation slows

March 20, 2024 8:10 am
The GBP/JPY currency pair extended the gains from the past six trading days on Wednesday, while scaling an 8 1/2-year peak of 192.854, as investors bet Japan would keep its accommodative monetary settings even after the BoJ’s decision to move away from negative interest rates. Yesterday the GBP/JPY pair surged more than 1% after the […] Read more

CAD/JPY scales 3-week peak as BoJ abandons negative rates

March 19, 2024 11:07 am
The CAD/JPY currency pair registered a fresh three-week high on Tuesday, after the Bank of Japan put an end to an eight-year period of negative interest rates and ahead of Canada’s CPI report. The BoJ raised its short-term interest rate to 0%-0.1% from -0.1% at its March meeting, in line with market expectations. It has […] Read more