December 14, 2024 2:35 pm
Annual consumer price inflation in France has been confirmed at 1.3% in November, up from 1.2% in October, data by INSEE showed. It has been the highest annual rate since August. The acceleration was mostly driven by a slower drop in energy prices, by 0.7% year-on-year compared to a 2.0% YoY decline in October. Food […]
Read moreDecember 14, 2024 11:54 am
West Pharmaceutical Services Inc (NYSE: WST) said on Friday that its Board of Directors had authorized a share buyback program of up to 550,000 shares of the company’s common stock. Share repurchases will be conducted from time to time on the open market or in privately-negotiated transactions. The share buyback program is expected to be […]
Read moreDecember 13, 2024 3:52 pm
The rate of unemployment in Sweden was reported at 7.4% in November, up from 7.1% in the same month of the preceding year. The number of unemployed persons went up by 18,000 to 418,000, data by Statistics Sweden showed. In the meantime, the number of employed individuals dropped by 58,000 to 5.202 million in November. […]
Read moreDecember 13, 2024 9:10 am
Williams-Sonoma Inc (NYSE: WSM) said on Thursday that its Board of Directors had authorized a 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 February 21st to shareholders of record as of the close of business on […]
Read moreDecember 13, 2024 7:36 am
Sonic Automotive Inc (NYSE: SAH) said on Thursday that it had acquired Audi New Orleans, located in Metairie, Louisiana. The firm bought Audi New Orleans from the Bohn Brothers Automotive Group, which has an extensive history of automotive dealership operations in Louisiana. “It’s an honor to continue the tradition of offering high-quality automotive sales and […]
Read moreDecember 12, 2024 8:52 am
The EUR/CHF currency pair registered a fresh 2 1/2-week high on Thursday, after the Swiss National Bank delivered a larger rate cut than expected in December and ahead of the outcome of the European Central Bank’s policy meeting later in the day. The SNB slashed its key policy rate by 50 basis points to 0.5%, […]
Read moreDecember 12, 2024 8:02 am
Spot Gold was holding recent gains on Thursday, while trading in proximity to a fresh five-week high, after the latest US inflation data reinforced the case for a December rate cut by the Federal Reserve. Data showed yesterday that US annual CPI inflation had accelerated to 2.7% in November from 2.6% in October, in line […]
Read moreDecember 11, 2024 11:49 am
The USD/MYR currency pair traded slightly higher on Wednesday after Malaysian retail sales report and as focus sets on US CPI inflation print that could provide more clues over the Federal Reserve’s monetary easing path. Annual headline consumer inflation in the US probably picked up to 2.7% in November, according to market consensus, from 2.6% […]
Read moreDecember 11, 2024 9:29 am
The CAD/CHF currency pair edged higher on Wednesday, while moving within a narrow range, as market players were cautious ahead of the outcome of the Bank of Canada’s and the Swiss National Bank’s policy meetings. The Bank of Canada is expected to lower its benchmark interest rate by 50 basis points to 3.25% at its […]
Read moreDecember 11, 2024 8:07 am
The USD/CHF currency pair extended the gain from the prior trading day on Wednesday ahead of the essential US CPI inflation data that could provide further clues over the Federal Reserve’s monetary easing path and ahead of the outcome of the Swiss National Bank’s policy meeting. Annual headline consumer inflation in the US probably picked […]
Read more
