Articles by: Miroslav Marinoff

Upbound Group increases quarterly dividend to $0.39

Upbound Group Inc (NASDAQ: UPBD) said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.39 per share of common stock. The latter represents an increase of 5.40% compared to the previous quarterly dividend of $0.37 per share. The dividend will be paid on January 7th to shareholders of […] Read more

Walt Disney raises annual cash dividend to $1.00

Walt Disney Co (NYSE: DIS) announced this week an annual cash dividend of $1.00 per share. The latter represents a 33.33% increase compared to the $0.75 per share dividend paid to stockholders during fiscal year 2024. “It’s been a highly successful year for The Walt Disney Company, stemming from the extensive strategic work across the […] Read more

Reserve Bank of India holds repo rate, lowers CRR

The Reserve Bank of India left its key repo rate unchanged at 6.5% for an 11th straight policy meeting in December, in line with market expectations, as it continued a neutral policy stance in light of slowing economic growth. Also, the central bank reduced the Cash Reserve Ratio (CRR) by 50 basis points to 4% […] Read more

OGE Energy Corp appoints Chief Financial Officer

OGE Energy Corp (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company, said on Wednesday that it had appointed Charles Walworth as Chief Financial Officer and Treasurer, effective December 4th. Walworth has been with the company for over two decades and he most recently served as Treasurer. “Chuck is a respected leader and […] Read more

Switzerland’s unemployment rate rises to 2.6% in November

Switzerland’s jobless rate has risen to 2.6% in November from 2.5% in the prior two months, data by the State Secretariat for Economic Affairs showed. The number of unemployed individuals rose by 4,667 to a 34-month high of 121,114 in November. Switzerland’s youth unemployment rate, which tracks job-seekers aged between 15 and 24, remained steady […] Read more

American Coastal Insurance announces $0.50 special dividend

American Coastal Insurance Corporation (NASDAQ: ACIC), the insurance holding company of American Coastal Insurance Company, said on Wednesday that its Board of Directors had authorized a special cash dividend of $0.50 per share of common stock. The dividend will be paid on January 10th to shareholders of record as of the close of business on […] Read more

USD/SEK extends gains as Swedish services growth slows

The USD/SEK currency pair extended recent gains on Wednesday, after data showed Sweden’s services sector growth had slowed and as market players awaited a speech by Fed Chair Jerome Powell later in the day to evaluate the central bank’s future policy trajectory. Another highlight this week will be the key US Non-Farm Payrolls report that […] Read more

USD/SGD trades near 1-week high with focus on Powell, NFP

The USD/SGD currency pair edged higher on Wednesday, as market players were expecting a speech by Fed Chair Jerome Powell later in the day, which may provide more clues in regard to the central bank’s policy path next year. Another highlight this week will be the key US Non-Farm Payrolls report that may offer more […] Read more

Spot Gold steadies near $2,650 ahead of Powell speech, NFP

Spot Gold was mostly steady on Wednesday, while holding in proximity to the $2,650 mark, as investors awaited a speech by Fed Chair Jerome Powell later in the day, which may provide more clues regarding the central bank’s policy path next year. Another highlight this week will be the key US Non-Farm Payrolls report that […] Read more

South Africa economy contracts 0.3% in Q3

South Africa’s economy has shrunk 0.3% quarter-on-quarter in Q3 of 2024, as four out of ten industries registered contraction, data by Statistics South Africa showed. That followed a revised down 0.3% growth in the second quarter. Agriculture was the sector with the steepest contraction in Q3, 28.8%, as it trimmed overall growth by 0.7 percentage […] Read more