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Spot Silver slips from 14-week high ahead of US CPI test

March 12, 2024 7:49 am
Spot Silver edged lower on Tuesday, while holding not far from last Friday’s 14-week peak of $24.636, as market players awaited the key US CPI report that may provide further clues on the timing of the Federal Reserve’s first rate cut. Annual headline consumer inflation in the United States probably remained steady at 3.1% in […] Read more

Switzerland consumer morale decreases in February

March 11, 2024 9:59 am
Consumer morale in Switzerland weakened in February, with the gauge of confidence coming in at a reading of -42.3, down from -41.1 in January. The latest figure was considerably below the long-term average level, the State Secretariat for Economic Affairs said. The figure reflected heightened concerns over consumers’ personal financial situation and the Swiss economy’s […] Read more

EastGroup Properties announces quarterly dividend of $1.27

March 11, 2024 8:35 am
EastGroup Properties Inc (NYSE: EGP) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $1.27 per share. The dividend will be paid on April 15th to shareholders of record as of the close of business on March 28th 2024, the company said. The dividend is the 177th consecutive […] Read more

Alliant Energy Corp appoints Christie Raymond to Board

March 11, 2024 7:24 am
Alliant Energy Corp (NASDAQ: LNT) said on Friday that its Board of Directors had appointed Christie Raymond as a new independent director, effective April 1st. Raymond has over three decades of experience in marketing, data analytics, new and traditional media, operations, strategic planning, customer satisfaction and several other critical business areas of focus essential to […] Read more

Astec appoints Interim Chief Financial Officer

March 10, 2024 2:03 pm
Astec Industries Inc (NASDAQ: ASTE) said this week it had appointed Heinrich Jonker as Interim Chief Financial Officer with immediate effect. The appointment comes after a decision by Rebecca Weyenberg to step down from her role as CFO. Weyenberg will remain with the company as an advisor through April 30th. Jonker has almost two decades […] Read more

VSE Corp announces quarterly cash dividend of $0.10

March 9, 2024 4:39 pm
VSE Corp (NASDAQ: VSEC), a provider of aftermarket distribution and repair services, said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.10 per share. The dividend will be paid on May 16th to shareholders of record as of the close of business on May 2nd 2024, the company […] Read more

United Natural Foods names new Chief Financial Officer

March 9, 2024 1:20 pm
United Natural Foods Inc (NYSE: UNFI) said this week it had appointed Giorgio “Matteo” Tarditi as President and Chief Financial Officer, effective April 15th. He is to succeed John W. Howard, who will part ways with the company after a transition period. As CFO, Tarditi will oversee corporate finance, treasury, strategy, financial planning and analysis, […] Read more

UniCredit fined EUR 2.8 million for data breach

March 8, 2024 3:40 pm
UniCredit SpA (UCG) has been fined EUR 2.8 million by Italy’s data protection authority in relation with a data breach case in 2018. The cyber attack on the mobile banking platform led to the illicit acquisition of names, tax codes and other identification codes for nearly 778,000 clients and former clients. “Banks must take all […] Read more

Spot Gold hits fresh record high on Fed rate cut prospects

March 8, 2024 8:43 am
Spot Gold traded in proximity to a fresh all-time high of $2,168.78 on Friday and looked set for a 3.92% weekly advance, as the US Dollar and Treasury yields eased on mounting bets that the Federal Reserve will begin reducing interest rates this year. “While a spur of short-term speculative activity primarily driven by Commodity […] Read more

EUR/NOK edges lower ahead of ECB rate decision

March 7, 2024 11:18 am
The EUR/NOK currency pair was a notch weaker on Thursday following Norway’s manufacturing data and ahead of the outcome of the ECB’s March policy meeting. Norwegian manufacturing production stalled in January compared to a month earlier, data by Statistics Norway showed. That followed a 0.3% increase in December. In annual terms, the nation’s manufacturing output […] Read more