Latest Market News

Jul 24
Penske Automotive raises quarterly dividend to 53 cents a share versus 50 cents

Home Industries Automobiles Published: July 21, 2022 at 11:56 a.m. ET By Ciara Linnane   comments Referenced Symbols Advertisement PAG +1.02% Penske Automotive Group Inc. PAG, +1.02% said Thursday it is raising it quarterly cash dividend to 53 cents a share from 50 cents previously. The new dividend will be payable Sept. 1 to shareholders […]

Jul 24
Carnival stock leads S&P 500 losers after analyst sees equity offering causing ‘panic’

Shares of Carnival Corp. CCL, -5.99% tumbled 11.2% in morning trading Thursday, to pace the S&P 500’s SPX, -0.93% after the cruise operator caused investors to “panic” with its $1 billion public equity offering. The company said late Wednesday that the offering, which represented about about 10% of the current market capitalization of $9.79 billion, […]

Jul 24
Gold ends higher a day after falling to lowest finish since March 2021

Gold futures ended higher on Thursday, recouping their loss from a day earlier and then some — when prices settled at their lowest in more than 15 months. The U.S. dollar saw some weakness as the euro climbed in the wake of the European Central Bank’s decision to lift its key interest rate, and U.S. […]

Jul 23
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]

Jul 23
Challenges and opportunities for a financial services ecosystem in transition – Makhlouf

Governor of the Central Bank of Ireland Gabriel Makhlouf spoke this afternoon about current trends in the Irish, German and Eurozone economies, as well as opportunities and challenges in the financial system at an event hosted by the Consulate General of Ireland and IHK Frankfurt, in partnership with Verband der Auslandsbanken in Frankfurt, Europa Union […]

Jul 23
Remarks by Governor Gabriel Makhlouf at Consulate General of Ireland and IHK Frankfurt event

It is a pleasure to address you today. I would particularly like to thank our Consul General Anne-Marie Flynn for organising this event.1 German – Irish economic relationship Ireland and Germany have excellent relations, politically, culturally and economically. These relations have been documented as far back as the 7th century.   When reading about the relationship, […]