February 16, 2024 11:10 am
The Coca-Cola Company (NYSE: KO) said on Thursday that its Board of Directors had authorized a quarterly dividend of $0.485 per common share. The latter represented about 5% increase compared to the previous dividend of $0.46. The announced quarterly dividend equals an annual dividend of $1.94 per common share, or an increase from $1.84 per […]
Read moreFebruary 16, 2024 8:41 am
The shares of Super Micro Computer Inc (NASDAQ: SMCI) surged 14.02% to a fresh all-time high on Thursday on expectations of future growth propelled by artificial intelligence technology as demand for the latter continues to soar. Bank of America analysts began coverage on the stock by assigning a “Buy” rating, while noting the “provider of […]
Read moreFebruary 15, 2024 1:27 pm
Patria Investments Ltd (PAX), a global alternative asset manager, said on Thursday that its Board of Directors had authorized a quarterly dividend of $0.399 per share. The dividend will be paid on March 8th to shareholders of record as of the close of business on February 22nd 2024, the company said. The company reported $47.0 […]
Read moreFebruary 15, 2024 11:57 am
Mercedes-Benz Group announced on Thursday that it had sold its stake in Russia’s Kamaz. The transaction was finalized this month after all required regulatory approvals were secured, the premium car maker said. However, Mercedes-Benz Group provided no details in regard to the transaction’s value or who the buyer was. Stock Performance The shares of Mercedes-Benz […]
Read moreFebruary 15, 2024 8:28 am
PNC Bank (PNC) said on Wednesday that it intended to invest almost $1 billion to open more than 100 new branches and revamp more than 1,200 existing locations through 2028. The financial group will establish and open new branches in key locations such as Austin, Dallas, Denver, Houston, Miami and San Antonio, while improving the […]
Read moreFebruary 15, 2024 7:28 am
Motorola Solutions Inc (MSI) said on Wednesday that it had acquired Silent Sentinel, a UK-based provider of specialized, long-range cameras. However, financial details of the agreement were not disclosed. Designed to function in the harshest conditions, Silent Sentinel’s rugged, thermal cameras offer clear visibility in the complex and extreme environments associated with military, aviation, maritime […]
Read moreFebruary 13, 2024 1:54 pm
Moody’s Corporation said on Tuesday that it had appointed Noémie Heuland as Senior Vice President and Chief Financial Officer, effective April 1st. As CFO, Heuland will head Moody’s global finance organization, which encompasses accounting and controllership, financial planning and analysis, financial systems, investor relations, strategic sourcing and procurement, tax and treasury. Heuland has almost 25 […]
Read moreFebruary 10, 2024 12:48 pm
Marcus & Millichap Inc, a commercial real estate brokerage firm with a focus on investment sales, financing, research and advisory services, said this week its Board of Directors had authorized a regular semi-annual dividend of $0.25 per share. The dividend will be paid on April 5th to shareholders of record as of the close of […]
Read moreFebruary 9, 2024 10:37 am
First BanCorp, the bank holding company for FirstBank Puerto Rico, said this week its Board of Directors had authorized a quarterly cash dividend of $0.16 per share. It represents an increase of 14% compared to the prior quarterly dividend. The dividend will be paid on March 8th to shareholders of record at the close of […]
Read moreFebruary 9, 2024 8:15 am
Mediobanca on Friday reported higher-than-expected first-half net profit, driven by a surge in net interest income and strength in its wealth management business. The financial group’s first-half net profit rose 10% year-on-year to EUR 611 million. It compares with a consensus of analyst estimates of EUR 596 million. Net interest income grew 18% year-on-year to […]
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