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Insperity announces $0.60 quarterly dividend

November 25, 2024 8:28 am
Insperity Inc (NYSE: NSP) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.60 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 24th to shareholders of record as of the close of business […] Read more

Bentley Systems announces $0.06 quarterly dividend

November 24, 2024 9:02 am
Bentley Systems Inc (NASDAQ: BSY), an infrastructure engineering software company, said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.06 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 12th to shareholders of record […] Read more

Goldman Sachs assigns “Sell” rating on EMCOR shares

November 23, 2024 4:01 pm
Goldman Sachs has initiated coverage of EMCOR’s (NYSE: EME) shares by assigning a “Sell” rating, which, as a result, drove the stock down more than 4% on Friday. The Wall Street bank assigned a 12-month price target of $445 per share on the construction company. In October, EMCOR Group reported net income of $270.3 million […] Read more

Bosch to Cut 3,800 Jobs in Germany

November 23, 2024 3:56 pm
German automotive supplier Bosch has announced plans to lay off 5,000 employees, with 3,800 of the job cuts to be made in Germany. The move is part of the company’s efforts to reduce costs and stay competitive in the international market. According to Bosch, the layoffs are necessary due to the stagnation in the global […] Read more

Huawei Aims to Boost Harmony OS with 100,000 Apps in Next 12 Months

November 23, 2024 3:16 pm
Chinese tech giant Huawei has set an ambitious target of reaching 100,000 applications on its Harmony operating system within the next 6-12 months. The company’s chairman, Xu Zhijun, announced the goal at a conference on Saturday, emphasizing the need for a robust ecosystem to support the operating system. Huawei’s Harmony OS was launched five years […] Read more

Ryanair Fined €108m in Spain

November 23, 2024 2:04 pm
In a significant move to protect consumer rights, Spain’s Consumer Rights Ministry has imposed a total of €179m in fines on five budget airlines, including Ryanair, EasyJet, Vueling, Norwegian, and Volotea. The fines, which are the largest ever issued by the ministry, are a result of an investigation into the airlines’ “abusive practices” such as […] Read more

NI Holdings appoints new Chief Executive Officer

November 23, 2024 1:28 pm
NI Holdings Inc (NASDAQ: NODK) said on Friday that it had appointed Seth C. Daggett as President and Chief Executive Officer, effective December 1st. Daggett is to succeed Cindy L. Launer, who had been in the role of Interim CEO during the Board of Directors’ search for a permanent CEO. Most recently, Seth Daggett served […] Read more

Leerink Partners upgrades AbbVie shares to “Outperform”

November 23, 2024 9:11 am
AbbVie Inc’s (NYSE: ABBV) shares have been upgraded to outperform from market perform by Leerink Partners, as the firm noted the recent sell-off in the stock had led to a buying opportunity for market players. “We believe investors can take advantage of the emraclidine setback and election-related downdraft to purchase shares in this high-quality company,” […] Read more

SBI Share Price Surges 4.52% to ₹816.05

November 23, 2024 8:47 am
The State Bank of India (SBI) share price has experienced a significant boost, rising 4.52% to ₹816.05 on November 22, 2024. This upward trend is in contrast to its peers, with HDFC Bank and Axis Bank experiencing declines, while ICICI Bank and Kotak Mahindra Bank are seeing gains. Technical Analysis From a technical standpoint, SBI […] Read more

FTSE 100 Sees Biggest Weekly Gain Since May Rising 2.5%

November 22, 2024 9:37 pm
The FTSE 100 index surged 1.4% on Friday, capping off a stellar week with a 2.5% gain – its strongest weekly performance since May 7. Meanwhile, the British pound plummeted 0.6% to a six-month low of $1.25105, as disappointing economic data revealed a contraction in UK business output in November and a sharper-than-expected decline in […] Read more