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Switzerland’s CPI inflation eases to 1.3% in June

July 4, 2024 10:40 am
Annual consumer price inflation in Switzerland has eased to 1.3% in June from a four-month high of 1.4% in May, the latest data by the Swiss Federal Statistical Office showed. In June, prices continued to fall for clothing & footwear (-2% YoY versus -1.1% YoY in May) and for household goods & services (-2.5% YoY […] Read more

EMCOR announces $0.25 quarterly cash dividend

July 4, 2024 8:52 am
EMCOR (NYSE: EME) said on Wednesday that 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 July 30th to shareholders of record as of the close of business on […] Read more

RPM announces $0.46 quarterly cash dividend

July 4, 2024 7:13 am
RPM (NYSE: RPM) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.46 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on July 31st to shareholders of record as of the close of business on […] Read more

Sweden’s services sector expands for 1st time since March

July 3, 2024 10:40 am
Sweden’s services sector has returned to growth in June, the latest data by Swedbank showed. The Services Purchasing Managers’ Index was reported at a reading of 51.8 in June, up from a revised up 49.8 in May. The sub-indexes of new orders (52.5 versus 50.5 in May) and delivery times (54.1 versus 49.8 in May) […] Read more

PNC Financial announces $1.60 quarterly dividend

July 3, 2024 9:29 am
The PNC Financial Services Group Inc (NYSE: PNC) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $1.60 per share of common stock. The latter represents an increase of 3.22% compared to the prior dividend of $1.55 per share. The dividend will be paid on August 5th to […] Read more

Arthur J. Gallagher announces acquisition of NetClaim

July 3, 2024 6:49 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Tuesday that its claims and risk management solutions subsidiary, Gallagher Bassett, had acquired NetClaim from NAVEX. However, the company did not disclose any financial details of the agreement. NetClaim provides comprehensive first notice of loss and first report […] Read more

Euro Area CPI inflation eases to 2.5% in June

July 2, 2024 10:46 am
Annual consumer price inflation in the Euro Area has decelerated to 2.5% in June from 2.6% in May, in line with market consensus, preliminary data by Eurostat showed on Tuesday. Prices rose at a slower rate for food, alcohol and tobacco (2.5% YoY compared to 2.6% YoY in May) and for energy (0.2% YoY compared […] Read more

South Korea’s CPI inflation at 11-month low in June

July 2, 2024 7:43 am
Annual consumer price inflation in South Korea has eased further, to 2.4% in June, from 2.7% in May, the latest data by Statistics Korea showed. It has been the lowest CPI inflation rate since July 2023. In comparison, market consensus had pointed to a reading of 2.7%. In June, prices increased at a slower rate […] Read more

Silver flat as subsiding inflation bolsters Fed cut case

July 1, 2024 7:11 am
Spot Silver was little changed at the start of the week, as subsiding inflation in the US added to prospects that the Federal Reserve would deliver a rate cut later this year. Data showed last Friday that annual core PCE inflation had eased to 2.6% in May from 2.8% in April, while coming in line […] Read more

France’s CPI inflation lowest since August 2021

June 30, 2024 4:52 pm
Annual consumer price inflation in France has decelerated to 2.1% in June from 2.3% in May, a preliminary figure showed on Friday. It has been the lowest inflation rate since August 2021. In June, prices increased at a slower rate for food (0.8% YoY versus 1.3% YoY in May) and energy (4.8% YoY versus 5.7% […] Read more