Articles by: Miroslav Marinoff

China industrial production growth softer than estimates

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 more

Golar LNG announces $0.25 quarterly dividend

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 […] Read more

Sweden’s CPI inflation stable at 1.6% in October

Sweden’s annual consumer inflation has remained steady at 1.6% in October, the latest data by Statistics Sweden showed. It has been the lowest inflation rate since July 2021. In October, inflation slowed for: – food and non-alcoholic beverages (1.75% YoY from 2.11% YoY in September); – housing and utilities (3.29% YoY from 4.39% YoY in […] Read more

Loews Corp announces $0.0625 quarterly dividend

Loews Corp (NYSE: L), a diversified company with businesses in the insurance, energy, hospitality and packaging industries, said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.0625 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on […] Read more

Lazard reports 4.79% drop in its October AUM

Lazard Inc (NYSE: LAZ) reported on Tuesday preliminary assets under management of $235.8 billion as of October 31st 2024. This marked a decrease from $247.657 billion as of September 30th. The drop in AUM came as a result of market depreciation of $4.4 billion, foreign exchange depreciation of $4.2 billion and net outflows of $3.3 […] Read more

Crescent Capital BDC announces $0.42 dividend

Crescent Capital BDC Inc (NASDAQ: CCAP) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.42 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on January 15th to shareholders of record as of the close […] Read more

Germany’s CPI inflation confirmed at 2% in October

Annual consumer price inflation in Germany has been confirmed at 2% in October, a final estimate by the Federal Statistical Office showed. It accelerated from 1.6% in September, which has been the lowest inflation rate since February 2021. October’s rate has been the highest since July, as inflation picked up for: – services (4% YoY […] Read more

Norway’s CPI inflation slows to 2.6% in October

Norway’s annual consumer price inflation has slowed to 2.6% in October from 3% in September, the latest data by Statistics Norway showed. Last month, price increase slowed for: – housing and utilities (4.5% YoY from 5.1% YoY in September); – furnishings, household equipment and routine maintenance (1.2% YoY from 2.3% YoY in September); – healthcare […] Read more

Enphase Energy plans to reduce workforce by 17%

Enphase Energy Inc (NASDAQ: ENPH) said that it intended to cut its global workforce by about 17%, which would affect nearly 500 employees and contractors. The company said in a SEC filing it would “streamline its operations by focusing contract manufacturing in four existing locations: two in the United States, one in India and one […] Read more

Caledonia Mining announces $0.14 dividend

Caledonia Mining Corporation Plc (NYSE: CMCL) said on Monday that its Board of Directors had authorized a regular quarterly cash dividend of $0.14 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 6th to shareholders of record as of the close […] Read more