November 22, 2024 12:51 pm
Retail sales in the United Kingdom have shrunk at a monthly rate of 0.7% in October, after a revised down 0.1% increase in September, data by the Office for National Statistics showed. The drop in sales was steeper than what market experts had expected (a 0.3% fall). Low consumer confidence and uncertainty over the Budget […]
Read moreNovember 22, 2024 10:50 am
Avnet Inc (NASDAQ: AVT), a global technology distributor and solutions provider, said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.33 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 18th to shareholders of […]
Read moreNovember 22, 2024 8:49 am
The USD/MYR currency pair remained confined within a narrow range on Friday, following the release of Malaysian CPI data for October. Meanwhile, investors continued to weigh geopolitical situation as Russia lowered its threshold for using nuclear weapons and launched a hypersonic intermediate-range ballistic missile on Ukrainian territory. Concerns over further escalation of the Russia-Ukraine conflict […]
Read moreNovember 21, 2024 12:45 pm
Exxon Mobil Corporation (NYSE: XOM) and LG Chem announced on Wednesday the signing of a non-binding memorandum of understanding for a multi-year offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium is to be supplied from ExxonMobil’s planned project in the United States to LG Chem’s cathode facility in Tennessee, which […]
Read moreNovember 21, 2024 11:14 am
BlackRock Inc (NYSE: BLK) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $5.10 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 23rd to shareholders of record as of the close of business […]
Read moreNovember 21, 2024 10:27 am
OSI Systems Inc (NASDAQ: OSIS) said on Wednesday that its Optoelectronics and Manufacturing division had secured an order valued at nearly $11 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer. “We are pleased with this award from a leader in healthcare technology. This ongoing partnership highlights our commitment to quality […]
Read moreNovember 20, 2024 10:44 am
Annual consumer price inflation in South Africa has eased to 2.8% in October from 3.8% in September, data by Statistics South Africa showed. It has been the lowest inflation rate in four years mostly as a result of a drop in fuel prices. Cost of petrol and diesel plummeted 19.1% year-on-year in October. In addition, […]
Read moreNovember 20, 2024 8:38 am
Merck & Company Inc (NYSE: MRK) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.81 per share of common stock. The latter represents an increase of 5.19% compared to the previous quarterly dividend of $0.77 per share. The dividend will be paid on January 8th to shareholders […]
Read moreNovember 19, 2024 11:09 am
Woodward Inc (NASDAQ: WWD) said this week it had agreed to sell its heavy duty gas turbines combustion parts business based in Greenville, S.C., to GE Vernova Inc (NYSE: GEV). The deal is expected to be finalized in early 2025. “This targeted transaction is good for our customer and members and will allow us to […]
Read moreNovember 19, 2024 8:01 am
Switzerland reported a record high trade surplus in the amount of CHF 5.97 billion in October, data by the Federal Customs Administration showed. That compares with a surplus of CHF 4.03 billion in September. The nation’s total exports went up 10.2% month-over-month to CHF 24.4 billion in October. The latter reflected higher shipments of: – […]
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