Articles by: Miroslav Marinoff

AUD/JPY gains as BoJ puts an end to negative rates

The AUD/JPY currency pair registered modest gains on Tuesday in the wake of central bank policy decisions in Japan and Australia. The Bank of Japan put an end to an eight-year period of negative interest rates. The BoJ raised its short-term interest rate to 0%-0.1% from -0.1% at its March meeting, in line with market […] Read more

AUD/CAD slips to 2-week low as RBA keeps rates on hold

The AUD/CAD currency pair registered a fresh two-week low on Tuesday, after the Reserve Bank of Australia kept its cash rate unchanged at a 12-year high of 4.35% at its March meeting, as largely expected. The policy decision came amid indications that Australia’s economic growth has slowed after 425 basis points of interest rate hikes […] Read more

Euro Area inflation rate confirmed at 2.6% in February

The annual inflation rate in the Euro Area was confirmed at 2.6% in February, final data by Eurostat showed on Monday. It has been the lowest rate since November 2023, but it was still above the European Central Bank’s 2% inflation objective. In February, energy prices went down 3.7% year-on-year compared with a 6.1% slump […] Read more

TPG RE Finance Trust announces cash dividend of $0.24

TPG RE Finance Trust Inc (NYSE: TRTX), a commercial real estate finance company, said on Friday that its Board of Directors had authorized a quarterly cash dividend on its common stock of $0.24 per share. The dividend will be paid on April 25th to shareholders of record as of the close of business on March […] Read more

Spot Gold eases as investors brace for cenbank meetings

Spot Gold edged lower on Monday, as the US Dollar remained firm near a two-week high of 103.514 ahead of a host of major central bank policy meetings this week. The Federal Reserve is largely expected to keep interest rates on hold on Wednesday, while investor attention will firmly be on Fed Chair Jerome Powell’s […] Read more

Hertz Global appoints new Chief Executive Officer

Hertz Global Holdings Inc (NASDAQ: HTZ), a global rental car company, said on Friday that it had appointed Gil West as its next Chief Executive Officer, effective April 1st. West, former Chief Operating Officer of Delta Airlines and GM’s Cruise unit, will also join Hertz Global’s Board. West is to succeed Stephen Scherr, who will […] Read more

Thermon Group announces share buyback program

Thermon Group Holdings Inc (NYSE: THR), a leader in industrial process heating solutions, said on Friday that its Board of Directors had authorized the buyback of up to $50 million of the company’s outstanding shares of common stock through March 15th 2027. ”Today’s authorization of Thermon’s inaugural Repurchase Program underscores the Board’s confidence in our […] Read more

First Bancorp announces common stock dividend of $0.22

First Bancorp (NASDAQ: FBNC), the parent company of First Bank, said on Friday that its Board of Directors had authorized a quarterly cash dividend on its common stock of $0.22 per share. The dividend will be paid on April 25th to shareholders of record as of the close of business on March 31st 2024, the […] Read more

Realty Income raises monthly cash dividend to $0.2570

Realty Income Corporation (NYSE: O) has announced an increase in its common stock monthly cash dividend to $0.2570 per share from $0.2565 per share. The dividend will be paid on April 15th to shareholders of record as of the close of business on April 1st 2024, the company said. “We remain dedicated to Realty Income’s […] Read more

Johnson Controls announces quarterly dividend of $0.37

Johnson Controls International PLC (NYSE: JCI), a global leader in smart, healthy and sustainable buildings, said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.37 per share of common stock. The dividend will be paid on April 19th to shareholders of record as of the close of business on […] Read more