American Vanguard Says Chairman And CEO Eric Wintemute To Retire From CEO Position

RTTNews | hace 115
American Vanguard Says Chairman And CEO Eric Wintemute To Retire From CEO Position

(RTTNews) - Agricultural products company American Vanguard Corp. (AVD) announced Monday that its Chairman and Chief Executive Officer Eric Wintemute, has presented to the board his plan to retire from his position as CEO.

The terms of his retirement are set forth in a Transition Agreement under which Wintemute will participate in the search for his successor being conducted by the global executive search firm, Kincannon & Reed. He will then retire upon the successor's appointment but no later than December 31, 2024.

Wintemute will continue to serve as Chairman of the Board and, post-retirement, will provide consulting services to the company on a part-time basis. Wintemute joined the company 47 years ago and has served as CEO for 30 years.

read more
Canadian Market Headed For Weak Close

Canadian Market Headed For Weak Close

Disappointing earnings updates from U.S. tech majors Microsoft Inc., and Meta Platforms, anxiety ahead of U.S. presidential election and the Federal Reserve's monetary policy meeting, and weak commodity prices are weighing on the Canadian market.
RTTNews | hace 4h 40min
Swiss Market Ends Weak Again

Swiss Market Ends Weak Again

For the second consecutive day, the Switzerland market languished in red right through the day's session, as weak earnings updates from U.S. technology majors Microsoft Inc., and Meta Platforms, and weak euro zone inflation data hurt sentiment and sent stock prices drifting down south on Thursday.
RTTNews | hace 5h 30min
Pound Falls After Autumn Statement

Pound Falls After Autumn Statement

The pound weakened against its major counterparts in the New York session on Thursday, following the announcement of the nation's latest budget, which included tax rises and big spending plans.
RTTNews | hace 5h 31min
Eurozone Inflation Accelerates; Jobless Rate Steady At 6.3%

Eurozone Inflation Accelerates; Jobless Rate Steady At 6.3%

Eurozone inflation accelerated more than expected in October on food and energy prices but it remained within the target of the European Central Bank, bolstering the case for a gradual monetary policy easing. Another official data showed that the euro area unemployment rate remained unchanged at a record low in September.
RTTNews | hace 9h 17min
Chicago Business Barometer Unexpectedly Slumps To Five-Month Low In October

Chicago Business Barometer Unexpectedly Slumps To Five-Month Low In October

MNI Indicators released a report on Thursday showing its reading on Chicago-area business activity unexpectedly tumbled to a five-month low in October. The report said MNI Indicators' Chicago business barometer slumped to 41.6 in October from 46.6 in September, with a reading below 50 indicating contraction. Economists had expected the business barometer to inch up to 47.0.
RTTNews | hace 9h 20min
Uber Q3 Results Climb, Sees Growth In Q4 Gross Bookings; But Stock Drops

Uber Q3 Results Climb, Sees Growth In Q4 Gross Bookings; But Stock Drops

Uber Technologies, Inc. reported Thursday higher profit in its third quarter, benefited by significant unrealized gains and higher revenues. The rideshare and delivery network company also issued fourth -quarter outlook, expecting higher adjusted EBITDA and gross bookings. Meanwhile, Uber shares were losing around 8 percent in the early morning trading on the NYSE.
RTTNews | hace 9h 24min
U.S. Consumer Price Inflation Data Largely In Line With Estimates In September

U.S. Consumer Price Inflation Data Largely In Line With Estimates In September

The Commerce Department on Thursday released its report on U.S. personal income and spending in the month of September, which includes the Federal Reserve's preferred readings on consumer price inflation. The report said the personal consumption expenditures (PCE) price index rose by 0.2 percent in September after inching up by 0.1 percent in August. The modest increase matched estimates.
RTTNews | hace 9h 41min