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EUR/AUD comes off 15-week high as Australia exports hit 10-month high

March 7, 2024 9:05 am
The EUR/AUD currency pair extended a pullback from recent 15-week high on Thursday following Australia’s trade figures for January and ahead of the outcome of the ECB’s March policy meeting. Australia’s trade surplus was reported to have widened to AUD 11.027 billion in January from a revised down AUD 10.74 billion in December. Exports rose […] Read more

EUR/CAD confined in tight range with ECB meeting in focus

March 7, 2024 7:28 am
The EUR/CAD currency pair traded within a tight range on Thursday, as market players awaited the outcome of the ECB’s March policy meeting. The European Central Bank is largely expected to leave the main refinancing operations rate unchanged at a 22-year high of 4.5% and the deposit facility rate – at an all-time high of […] Read more

JPMorgan’s Neovest buys LayerOne Financial

March 6, 2024 10:14 am
Neovest Inc, a wholly-owned subsidiary of JPMorgan Chase & Co, said that it had finalized the acquisition of LayerOne Financial, a leading investment management platform. LayerOne Financial has created PortfolioOne – a comprehensive, cross-asset platform designed to address the current, real-world operational challenges that hedge funds are facing. The acquisition of LayerOne Financial will enable […] Read more

AUD/CAD hits 1-week high as slowing GDP growth adds to RBA cut case

March 6, 2024 8:24 am
The AUD/CAD currency pair firmed to a one-week high on Wednesday, after data revealed below-forecast GDP growth in Australia and ahead of the outcome of the Bank of Canada’s March policy meeting. Australia’s economy grew 0.2% quarter-on-quarter in Q4, following a revised up 0.3% growth in Q3 and below market consensus of 0.3%. It has […] Read more

Ford’s US vehicle sales surge 10.5% YoY in February

March 5, 2024 11:35 am
Ford Motor Co (NYSE: F) on Monday reported a 10.5% increase in total US vehicle sales for the month of February to 174,192 units. Results were driven by robust demand for family crossover SUVs, pickup trucks and hybrid vehicles, the company said. Sales of hybrid vehicles, including electrified versions of Ford’s popular Maverick compact truck […] Read more

Fusion Fuel gets €1 mln grant from European Innovation Fund

March 5, 2024 9:48 am
Fusion Fuel (NASDAQ: HTOO) said this week it had received approval for a EUR 1.015 million grant from the European Innovation Fund’s Horizon Europe Programme. Fusion Fuel was included as a member of H2tALENT – a consortium of 29 partners from 6 countries across Europe that is sponsored by the Universidade de Évora. The scope […] Read more

Accenture announces acquisition of The Lumery

March 5, 2024 8:45 am
Accenture PLC (NYSE: ACN) said this week it had acquired The Lumery, a Melbourne-based marketing technology consultancy. The financial details of the agreement were not disclosed. The acquisition is expected to bolster the marketing transformation capabilities of Accenture Song, Accenture PLC’s tech-powered creative group. It is expected to add considerable depth to Accenture Song’s offerings […] Read more

SMX PLC appoints new Chief Financial Officer

March 4, 2024 8:56 am
SMX (Security Matters) PLC (NASDAQ: SMX), an innovative company specializing in digitization of physical objects to foster a circular and closed loop economy, said last week it had appointed Ofira Bar as its next Chief Financial Officer, effective March 1st. Bar, a finance executive with 20 years of experience, is to succeed Limor Moshe Lotker […] Read more

Boyd Gaming raises quarterly dividend to $0.17

March 3, 2024 1:02 pm
Boyd Gaming Corporation (NYSE: BYD), a geographically diversified operator of 28 gaming entertainment properties in 10 states, said this week its Board of Directors had authorized a regular quarterly dividend of $0.17 per share. The latter represents an increase from a previous quarterly dividend of $0.16. The dividend will be paid on April 15th to […] Read more

FMC Corporation announces quarterly dividend of $0.58

March 2, 2024 1:52 pm
FMC Corporation (NYSE: FMC), a global agricultural sciences company, said this week its Board of Directors had authorized a regular quarterly dividend of $0.58 per share. The dividend will be paid on April 18th to shareholders of record as of the close of business on March 28th 2024, the company said. Stock Performance The shares […] Read more