July 21, 2024 11:16 am
India’s foreign exchange reserves have risen to a new record high of $666.9 billion as of July 12th, data by the Reserve Bank of India showed. The result was attributed to a strong influx of foreign exchange into the country’s economy, since robust growth and the long-awaited inclusion of Indian assets into JPMorgan’s emerging market […]
Read moreJuly 21, 2024 7:58 am
Spain’s trade balance deficit has narrowed to EUR 2.3 billion in May, data showed, from EUR 3.1 billion in May 2023. Total exports went up 2.3% year-on-year to EUR 34.7 billion in May, driven by higher sales of energy products (up 35.9%), raw materials (up 13.1%) and food, beverages & tobacco (up 9.1%). Total imports […]
Read moreJuly 20, 2024 12:22 pm
Retail sales in the United Kingdom shrank 1.2% month-over-month in June, after a 2.9% surge in May, pressured by election uncertainty and poor weather. June’s drop was much steeper than market consensus of a 0.4% decrease. Sales at non-food stores (department stores, clothing and footwear stores, furniture stores) dropped at a monthly rate of 2.1% […]
Read moreJuly 20, 2024 10:23 am
Italy’s current account surplus has increased to EUR 2.078 billion in May, data showed, from EUR 0.999 billion in May 2023. The nation’s goods surplus expanded to EUR 6.814 billion in May from EUR 5.313 billion a year earlier. Italy’s services deficit narrowed to EUR 0.076 billion in May from EUR 0.634 billion a year […]
Read moreJuly 20, 2024 7:48 am
Manufacturing activity in Philadelphia has accelerated strongly in July, the latest data showed. The Philadelphia Fed Manufacturing Index was reported at a reading of 13.9 in July, up from 1.3 in June. In comparison, market consensus had pointed to a reading of 2.9. In July, the gauge of shipments improved to 27.8 from -7.2 in […]
Read moreJuly 19, 2024 8:35 am
Vista Outdoor Inc (NYSE: VSTO) said on Thursday that independent proxy advisory firm Glass Lewis & Co had recommended a shareholder vote in favor of the proposed sale of Vista Outdoor’s The Kinetic Group business to Czechoslovak Group (“CSG”). “With CSG having further raised its offer price for The Kinetic Group, the goalposts have moved […]
Read moreJuly 19, 2024 6:48 am
Sherwin-Williams (NYSE: SHW) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.715 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on September 6th to shareholders of record as of the close of business on August […]
Read moreJuly 18, 2024 9:53 am
Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, said on Wednesday that it had finalized its acquisition of WIP Industrial Automation. The company had previously said it entered into a definitive agreement to buy WIP on April 29th. However, Lear Corp did not disclose any financial details of the agreement. […]
Read moreJuly 18, 2024 8:08 am
Switzerland reported a trade surplus in the amount of CHF 4.9 billion in June, compared to a revised up CHF 4.2 billion surplus in May. It has been the biggest trade surplus since September 2023. The nation’s total exports went up 1.2% month-over-month to CHF 23.3 billion, mostly because of higher shipments of vehicles (up […]
Read moreJuly 18, 2024 6:43 am
Greene County Bancorp Inc (NASDAQ: GCBC) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.09 per share of common stock. The latter represents a 12.5% increase compared to the previous quarterly dividend of $0.08. The dividend will be paid on August 30th to shareholders of record as […]
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