February 26, 2024 12:41 pm
Elbit Systems Ltd (NASDAQ: ESLT) said on Monday that it had been awarded a contract worth about $600 million to supply systems to Hanwha Defense Australia for the Australian Land 400 Phase 3 Project. The above mentioned project is to deliver advanced protection, fighting capabilities and sensors suite to the Redback Infantry Fighting Vehicles for […]
Read moreFebruary 26, 2024 9:04 am
Futures on US West Texas Intermediate Crude Oil retreated for a second straight trading day on Monday, as the US Dollar remained firm on prospects that higher-than-expected inflation could delay potential interest rate cuts by the Federal Reserve. Markets are now expecting that the US central bank will not begin reducing interest rates until its […]
Read moreFebruary 26, 2024 8:08 am
Stellar Bancorp Inc (NYSE: STEL) said last week that its Board of Directors had authorized a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be paid on March 29th to shareholders of record as of the close of business on March 18th 2024, the Houston, Texas-based bank […]
Read moreFebruary 25, 2024 3:45 pm
The Allstate Corporation (NYSE: ALL) said on Friday that its Board of Directors had authorized a regular quarterly dividend of $0.92 per share. The latter represents an increase of 3.4% compared to the previous quarter dividend. The dividend will be paid on April 1st to shareholders of record as of the close of business on […]
Read moreFebruary 25, 2024 1:20 pm
Wesco International Inc (NYSE: WCC) said on Friday that it had entered into a definitive agreement to sell its Wesco Integrated Supply business to Vallen Distribution Inc for a total consideration of $350 million. The business that is being divested generated annual net sales of nearly $784 million last year. “This divestiture supports our portfolio […]
Read moreFebruary 25, 2024 12:43 pm
AerCap’s Chief Executive Officer Aengus Kelly said the supply of engine parts could not catch up with demand by the end of the decade. According to Kelly, while problems related to the manufacturing of airframes will be more easily resolved, the finite supply of parts to build and repair engines will make it more difficult […]
Read moreFebruary 24, 2024 1:42 pm
Xcel Energy Inc (NASDAQ: XEL) said this week its Board of Directors had authorized a regular quarterly dividend of $0.5475 per common share, an increase from $0.52 per share previously. The dividend will be paid on April 20th to shareholders of record as of the close of business on March 15th 2024, the company said. […]
Read moreFebruary 24, 2024 12:41 pm
Compass Minerals (NYSE: CMP) said this week it had appointed Gordon Dunn as its next Chief Operating Officer. As COO, Dunn will be responsible for all global operations within the company’s Salt and Plant Nutrition businesses. Dunn is to succeed George J. Schuller Jr., who has been the company’s COO since September 2019. Dunn holds […]
Read moreFebruary 23, 2024 9:52 am
Olympic Steel Inc (NASDAQ: ZEUS) said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.15 per share. The latter compares with a previous quarterly dividend of $0.125 per share. The dividend will be paid on March 15th to shareholders of record as of the close of business on […]
Read moreFebruary 23, 2024 8:17 am
Siyata Mobile Inc (NASDAQ: SYTA), a developer and vendor of Push-to-Talk over Cellular handsets and accessories, said this week it had received a purchase order for 1,000 units of its UV350 all-in-one in vehicle fleet communication devices from an international EMS provider. Deliveries of the devices are expected in the first quarter of 2024, Siyata […]
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