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Provident Financial Services, Lakeland Bancorp To Merge In All-stock $1.3 Bln Deal
Provident Financial Services, Inc. (PFS), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (LBAI), the parent company of Lakeland Bank, announced Tuesday that they have entered into a definitive merger agreement pursuant to which the companies will combine in an all-stock merger, valued at approximately $1.3 billion.
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961天前
U.S. Silica To Raise Prices Of Industrial And Specialty Products By 9% To 20%
Performance materials company U.S. Silica Holdings, Inc. (SLCA) announced Tuesday that its Industrial and Specialty Products segment will increase prices for most of its non-contracted silica sand, aplite, limestone, diatomaceous earth, perlite, engineered clays and non-activated clay products used primarily in glass, filtration, foundry, paints, coatings, elastomers, roofing, chemicals, recreation, building products and other applications.
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961天前
United Natural Foods Guides FY23 In Line With Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, grocery wholesaler United Natural Foods, Inc. (UNFI) initiated its adjusted earnings and net sales guidance for the full-year 2023, in line with analysts' expectations.
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961天前
World Bank Cuts East Asia & Pacific Growth Outlook
The World Bank downgraded its growth projections for the East Asia and the Pacific region as the zero-COVID approach dampened China's economic growth, while most of the other countries of the region rebounded in the first half of 2022. The Washington-based lender forecast East Asia and Pacific to expand 3.2 percent this year instead of 5.0 percent projected in April. The growth rate is expected t
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961天前
Sensex, Nifty End Choppy Session Marginally Lower
Indian shares ended a choppy session marginally lower on Tuesday, yields rose, and the rupee turned lower after reports suggested that Indian government bonds will likely be included in the JPMorgan emerging market global index early next year as against expectations for a decision as early as this month.
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961天前
U.S. Dollar Weakens As Treasury Yields Drop
The U.S. dollar dropped against its major counterparts in the European session on Tuesday, amid lower treasury yields and on a rise in European shares on bargain hunting.
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961天前
European Shares Bounce Back After Three Days Of Losses
European stocks rebounded on Tuesday, as the dollar paused for breath and U.K. ten-year gilt yields slipped back after their recent surges.
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961天前
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FTSE 100 Slips As Pound Stabilizes Amid Talk Of Rate Hike
U.K. stocks edged lower on Tuesday and the pound clawed back some losses after Bank of England (BoE) Governor Andrew Bailey stated that the central bank will raise rates as much as necessary at its next meeting to bring inflation back to the 2 percent target.
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961天前
German Exporters' Expectations Fall To 28-Month Low : Ifo
Confidence among German exporters deteriorated further in September to reach its lowest level in more than two years and the trend is likely to continued amid a slowdown in the global economy, survey results from the ifo Institute showed on Tuesday.
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961天前
CAC 40 Gains In Cautious Trade
French stocks rose on Tuesday after recent string of losses on concerns over a combination of interest-rate, currency and economic risks.
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961天前
DAX Rebounds As Auto And Travel Stocks Surge
German stocks rose notably on Tuesday as the dollar paused for breath and U.K. ten-year gilt yields slipped back after their recent surges.
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961天前
Bailey Says BoE Ready To Change Interest Rate As Much As Needed
The Bank of England is ready to alter its interest rates by as much as needed to bring the inflation back to the 2 percent target, Governor Andrew Bailey said in a statement late Monday. The BoE governor said the central bank is closely monitoring the weakness in the pound.
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961天前
Asian Shares End On Steady Note After Recent Losses
Asian stocks steadied on Tuesday after recent string of losses on worries that efforts by central banks to curb inflation may trigger a global inflation.
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961天前
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