November 19, 2024 11:09 am
Woodward Inc (NASDAQ: WWD) said this week it had agreed to sell its heavy duty gas turbines combustion parts business based in Greenville, S.C., to GE Vernova Inc (NYSE: GEV). The deal is expected to be finalized in early 2025. “This targeted transaction is good for our customer and members and will allow us to […]
Read moreNovember 19, 2024 8:01 am
Switzerland reported a record high trade surplus in the amount of CHF 5.97 billion in October, data by the Federal Customs Administration showed. That compares with a surplus of CHF 4.03 billion in September. The nation’s total exports went up 10.2% month-over-month to CHF 24.4 billion in October. The latter reflected higher shipments of: – […]
Read moreNovember 18, 2024 5:26 pm
Singapore’s non-oil domestic exports were reported to have shrunk 4.6% year-on-year in October, following a revised down 0.9% surge in September. It has been the first drop in the country’s non-oil domestic exports since June. In October, non-electronic shipments went down 6.7% YoY, after a 1.4% increase in September. The drop was mostly due to […]
Read moreNovember 18, 2024 12:59 pm
Sysco Corp (NYSE: SYY), a global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home, said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.51 per share of common stock. The dividend […]
Read moreNovember 18, 2024 10:49 am
CRH PLC (NYSE: CRH) said on Friday that it had acquired Dutra Materials in San Rafael, California. Dutra Materials is to complement CRH’s Americas Materials Solutions business in the Western United States, which will ensure additional strategic aggregate reserves and asphalt production capabilities to service the construction market in northern California. “We are delighted to […]
Read moreNovember 18, 2024 7:29 am
Patrick Industries Inc (NASDAQ: PATK) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.60 per share of common stock. The latter represents an increase of 9.09% compared to the previous quarterly dividend of $0.55 per share. The dividend will be paid on December 9th to shareholders of […]
Read moreNovember 16, 2024 1:23 pm
The rate of unemployment in Sweden was reported at 7.8% in October, up from 7.2% in the same month of the preceding year. The number of unemployed persons went up by 22,000 to 438,000, data by Statistics Sweden showed. In the meantime, the number of employed individuals dropped by 45,000 to 5.192 million in October. […]
Read moreNovember 15, 2024 12:19 pm
Wholesale prices in Germany have decreased at an annualized rate of 0.8% in October, data by the Federal Statistical Office showed. The latter has been a slowdown from a 1.6% drop in the prior month. October marked the 18th consecutive month of decreasing producer prices, but the pace has been the softest since July. Last […]
Read moreNovember 15, 2024 8:23 am
China’s industrial output has expanded at a slower annual rate than anticipated in October. Total production grew 5.3% year-on-year in October, while slowing from a 5.4% growth in September. In comparison, market consensus had pointed to a 5.6% YoY growth. October’s deceleration was mostly due to a sharp slowdown in electricity, heat, gas and water […]
Read moreNovember 14, 2024 1:30 pm
Golar LNG Limited (NASDAQ: GLNG) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.25 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 2nd to shareholders of record as of the close of business […]
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