New York manufacturing activity remained in expansion territory in September, but the headline index fell to 7.6 from 20.6 in August as orders cooled, work hours rose and price pressures strengthened.
Rice succeeds Peter Zaffino, who leaves AIG’s board and Executive Chair role to become a Senior Advisor after the insurer’s CEO handoff earlier this year.
Andrew Hider is serving as interim CFO until John Rogers starts October 1, while Bernie Heine temporarily takes over Baxter’s accounting leadership.
ICZOOM’s Class A shares began trading on a split-adjusted basis under IZM on Sept. 15, with the 1-for-5 consolidation aimed at restoring compliance with Nasdaq’s $1 minimum bid-price rule.
The September 15 cutover changes the auction platform for outright agency mortgage-backed securities operations, while the New York Fed says operating parameters are unchanged.
The final HICP reading was cut by 0.1 percentage point from the preliminary estimate, while France’s national CPI was confirmed at 2.4% year over year.
A 6.1% monthly gain in the won outweighed a 15.6% jump in Dubai crude, while intermediate, capital and consumer-goods import prices all fell.
Corteva shareholders of record on September 24 are expected to receive one Vylor share for every Corteva share, with the distribution set for October 1.
Rainier Acquisition unit holders can elect to separate RNAQU units starting Sept. 14, with the resulting RNAQ shares and RNAQW warrants scheduled to begin trading on Nasdaq Sept. 15.
NUBURU’s shares return under the BURU symbol after a 1-for-40 reverse split addressed the low-price issue behind NYSE American’s July trading suspension.