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Spain retail sales rise the most since March 2023

October 28, 2024 12:08 pm
Retail sales in Spain have risen at an annualized rate of 4.1% in September, after a revised up 2.4% surge in August, the latest data by the National Statistics Institute showed. It has been the strongest retail sales growth since March 2023. In September, sales of non-food products went up 4.8% YoY, driven by growth […] Read more

Versus Systems appoints new Chief Executive Officer

October 28, 2024 9:28 am
Versus Systems Inc (NASDAQ: VS) said on Friday that it had appointed Luis Goldner as its next Chief Executive Officer, effective immediately. Goldner is to succeed Curtis Wolfe, who served as interim CEO. Luis Goldner is a member of the Board of Directors of Versus Systems and also has a seat on the Board of […] Read more

Kellanova announces $0.57 quarterly dividend

October 28, 2024 8:13 am
Kellanova (NYSE: K) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.57 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 13th to shareholders of record as of the close of business on […] Read more

Italy’s consumer morale worsens in October

October 27, 2024 8:53 am
Consumer morale in Italy has weakened in October, data by the National Institute of Statistics showed. The gauge of consumer confidence came in at a reading of 97.4 in October, while easing from 98.3 in September. The latest figure fell short of market consensus of 98.5, but it remained above the average for the year. […] Read more

India’s foreign exchange reserves continue to ease

October 26, 2024 3:04 pm
India’s foreign exchange reserves have continued to ease from the record high of $704.9 billion registered in the last week of September. Foreign exchange reserves held by the Reserve Bank of India decreased to $688 billion as of October 18th, the latest data showed. The result was largely attributed to an outflow of foreign capital […] Read more

Germany business confidence rebounds from 8-month low

October 26, 2024 12:19 pm
The Ifo Business Climate gauge for Germany has risen for the first time in six months in October, data by the Ifo Institute showed. The index came in at a reading of 86.5 in October, up from 85.4 in September. The latter has been the gauge’s lowest level since January. The latest reading also exceeded […] Read more

Chromocell Therapeutics amends stock repurchase plan

October 25, 2024 9:53 am
Chromocell Therapeutics Corporation (NYSE: CHRO) said on Thursday that its Board of Directors had authorized an amendment to the company’s existing stock repurchase plan. Under the amendment, the total value of shares of common stock available for repurchase has been increased by additional $500,000 to $750,000. The termination date of the repurchase plan has also […] Read more

Singapore manufacturing production growth slows markedly

October 25, 2024 8:27 am
Singapore’s manufacturing output has increased at an annualized rate of 9.8% in September, while slowing sharply from a 22% YoY rise in August. Still, the latest data far exceeded market consensus of a 3.5% growth. In September, production of electronics slowed sharply, up 1.9% YoY after a 50% YoY surge in August. On the other […] Read more

Beyond Inc to slash workforce by 20%, filing shows

October 24, 2024 10:29 am
Beyond Inc (NYSE: BYON) said this week it intended to reduce its workforce by about 20%. Reductions are expected to be implemented in the fourth quarter of 2024. ”These actions were taken to strategically create a more variable, leverageable cost structure and create a more streamlined organization to align to its asset-light business that supports […] Read more

Starbucks Corp increases dividend to $0.61

October 24, 2024 8:37 am
Starbucks (NASDAQ: SBUX) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.61 per share of common stock. The latter represents an increase of 7.02% compared to the previous quarterly dividend of $0.57 per share. The dividend will be paid on November 29th to shareholders of record as […] Read more