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Syntec Optics announces order for opto-mechanical sub-systems

March 30, 2024 4:52 pm
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

March 30, 2024 1:07 pm
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

March 30, 2024 12:02 pm
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

March 29, 2024 11:47 am
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

France’s CPI inflation lowest since September 2021

March 29, 2024 9:12 am
Annual consumer inflation in France has eased more than expected, to 2.3% in March, from 3% in February, preliminary data by INSEE showed. It has been the lowest CPI inflation rate since September 2021. In March, food inflation slowed to 1.7% from 3.6% in the prior month. There has also been a slowdown in cost […] Read more

Elbit Systems secures $300 million defense contract

March 29, 2024 7:45 am
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

UK economy contracts 0.3% in fourth quarter

March 28, 2024 9:06 am
UK’s economy has entered a technical recession in the fourth quarter of 2023 for the first time since the aftermath of the coronavirus outbreak in the first half of 2020, with elevated inflation, multi-year high interest rates and weak external demand pressuring overall activity. The nation’s Gross Domestic Product decreased 0.3% quarter-on-quarter in Q4, a […] Read more

Germany’s February retail sales drop the most since Oct 2022

March 28, 2024 7:53 am
Retail sales in Germany decreased at a monthly rate of 1.9% in February, data by the Federal Statistical Office showed on Thursday. The actual figure confounded market expectations of a 0.3% monthly growth. It has been the sharpest rate of decline in retail trade since October 2022 due to the impact of sticky inflation and […] Read more

Spain’s CPI inflation accelerates to 3.2% in March

March 27, 2024 9:21 am
Annual consumer price inflation in Spain accelerated to 3.2% in March from a six-month low of 2.8% in February, preliminary data by the National Statistics Institute showed on Wednesday. The actual figure came in line with market consensus. In March, prices of electricity and fuel picked up, while the cost of food and non-alcoholic beverages […] Read more

Norway’s February retail sales rebound 0.1%

March 27, 2024 7:56 am
Retail sales in Norway went up at a monthly rate of 0.1% in February, data by Statistics Norway showed on Wednesday, while rebounding after a 0.1% drop in January. Market consensus had pointed to a 0.2% monthly growth. Last month, there was a rebound in sales at non-specialized stores, up 0.7% after a 0.1% fall […] Read more