Stock News

Syntec Optics announces order for opto-mechanical sub-systems

Syntec Optics (NASDAQ: OPTX), a supplier of scientific and technical instruments and defense and aerospace optics, said this week it had secured $2.8 million order for high-precision opto-mechanical components and sub-systems used in the production of the latest night vision goggles utilized by the US military. Deliveries are slated for this year. ”I am excited […] Read more

John Wiley & Sons announces $0.35 quarterly dividend

John Wiley & Sons (NYSE: WLY), a global leader in research, publishing and knowledge solutions, said this week its Board of Directors had authorized a quarterly cash dividend of $0.35 per share on its Class A and Class B common stock. The dividend will be paid on April 25th to shareholders of record as of […] Read more

RTX receives $287 million Navy contract modification

RTX Corp’s (RTX) Raytheon unit has been awarded a $287 million modification to a previously announced firm-fixed-price, cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. The modification focuses on the recertification and modernization of 166 Tomahawk Block IV All-Up-Round Missiles, aiming to ensure the latter can remain operational for up to additional 15 years of service. Work is to […] Read more

The Buckle announces $0.35 quarterly dividend

The Buckle Inc (NYSE: BKE), a specialty retailer offering a mix of high-quality, on-trend apparel, accessories and footwear, said this week its Board of Directors had authorized a quarterly dividend of $0.35 per share. The dividend will be paid on April 26th to shareholders of record as of the close of business on April 12th […] Read more

Elbit Systems secures $300 million defense contract

Elbit Systems Ltd (NASDAQ: ESLT) said this week it had secured a contract worth nearly $300 million to supply defense solutions to an international customer. The contract will be performed over a 10-year period, Elbit Systems added. “This contract further validates our position as a global leader in defense technology, delivering advanced solutions that address […] Read more

Clear Secure announces increase to share buyback program

Clear Secure Inc (NYSE: YOU) said last week that its Board of Directors had authorized a $100 million increase to the company’s existing Class A common stock share repurchase program. During the first quarter of this year, Clear Secure used $84.9 million to buy back and retire 4.4 million shares of Class A common stock […] Read more

Lowe’s Companies announces $1.10 cash dividend

Lowe’s Companies Inc (NYSE: LOW) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $1.10 per share. The dividend will be paid on May 8th to shareholders of record as of the close of business on April 24th 2024, the company said. Stock Performance The shares of Lowe’s Companies […] Read more

AlTi Global Inc promotes COO to President

AlTi Global Inc (NASDAQ: ALTI), an independent global wealth and alternatives manager, said on Friday that its Chief Operating Officer, Kevin Moran, had been promoted to the role of President, effective immediately. Moran will oversee AlTi’s Wealth Management and Strategic Alternatives businesses and will retain the COO role. Before the merger that formed AlTi, Moran […] Read more

General Dynamics awarded $145 million contract by US DoD

General Dynamics Electric Boat Corp (NYSE: GD) has secured a $145 million cost-plus-fixed-fee modification to previously awarded contract (N00024-19-C-2125) for engineering, technical, design agent and planning yard support for operational strategic and attack submarines. Work will be performed in Groton, Connecticut; Kings Bay, Georgia; Bangor, Washington; Pearl Harbor, Hawaii; North Kingston, Rhode Island; as well […] Read more

TotalEnergies resumes production at Tyra offshore hub

TotalEnergies (Paris: TTE) said on Friday that it had resumed production from the Tyra hub in the Danish North Sea, after it had completed a major redevelopment project of the site. The Tyra hub is expected to produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day, which would once again […] Read more