January 22, 2025 8:28 am
The USD/MYR currency pair plummeted to a fresh six-week low of 4.4440 on Wednesday, after the Central Bank of Malaysia left borrowing costs without change for a tenth straight policy meeting in January, in line with market consensus. The Central Bank of Malaysia maintained its benchmark interest rate at 3%, as policy makers remained supportive […]
Read moreJanuary 21, 2025 11:47 am
Sensient Technologies Corp (NYSE: SXT), a global manufacturer and marketer of colors, flavors and other specialty ingredients, said that its Board of Directors had authorized a quarterly cash dividend of $0.41 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 3rd […]
Read moreJanuary 21, 2025 9:20 am
Canoo Inc (NASDAQ: GOEV), a high-tech advanced mobility and energy company, said that it had filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code. As a result, a Bankruptcy Trustee will be appointed to oversee the liquidation of the company’s assets and the distribution of proceeds to creditors. “We would […]
Read moreJanuary 21, 2025 8:07 am
Alliant Energy Corp (NASDAQ: LNT), which provides regulated energy service to nearly 1,000,000 electric and 425,000 natural gas clients across Iowa and Wisconsin, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.5075 per share of common stock. The latter represents an increase of 5.73% compared to the previous […]
Read moreJanuary 20, 2025 9:41 am
MGE Energy Inc (NASDAQ: MGEE), a public utility holding company, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 15th to shareholders of record as […]
Read moreJanuary 20, 2025 7:53 am
Mawson Infrastructure Group Inc (NASDAQ: MIGI) said on Friday that it had appointed William C. Regan as its next Chief Financial Officer, effective January 17th. Regan brings 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies. Previously, he has been in a number of CFO […]
Read moreJanuary 18, 2025 4:29 pm
Ally Financial Inc (NYSE: ALLY) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.30 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 14th to shareholders of record as of the close of business […]
Read moreJanuary 18, 2025 12:07 pm
The shares of Salesforce Inc (NYSE: CRM) rose more than 1% on Friday, after TD Cowen upgraded the stock to “Buy” from “Hold”. The firm also revised up its 12-month price target to $400 per share from $380 previously. The upgrade was related to the deployment of the Agentforce AI product. Stock Performance The shares […]
Read moreJanuary 17, 2025 12:25 pm
Wolfe Research has downgraded Advanced Micro Devices Inc (NASDAQ: AMD) to “Peer Perform” from “Outperform”, as the firm warned of slower data center GPU revenue growth than anticipated. Wolfe Research now expects $1.5 billion to $2 billion in data center GPU revenue for the fourth quarter of 2024. That is well below a previous forecast […]
Read moreJanuary 17, 2025 8:12 am
Spot Gold was holding not far from a fresh 1-month high on Friday and was poised for a third weekly gain in a row, as expectations of further interest rate cuts by the Federal Reserve grew following the latest US CPI inflation data. Fed Governor Christopher Waller said on Thursday that three or four rate […]
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