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General Dynamics awarded $145 million contract by US DoD

March 24, 2024 12:20 pm
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

March 23, 2024 4:52 pm
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

Chemours appoints President and Chief Executive Officer

March 23, 2024 3:36 pm
The Chemours Company (NYSE: CC) said on Friday that it had appointed Denise Dignam, its current Interim Chief Executive Officer, to the roles of President, CEO and a member of the Board of Directors with immediate effect. Dignam has more than 35 years of experience within the chemical industry, where she has assumed senior roles […] Read more

CVS Health announces $0.665 quarterly dividend

March 23, 2024 12:54 pm
CVS Health Corp (NYSE: CVS) said this week its Board of Directors had authorized a quarterly dividend of $0.665 per share on the company’s common stock. The dividend will be paid on May 1st to shareholders of record as of the close of business on April 22nd 2024, the company said. Stock Performance The shares […] Read more

FB Financial announces $100 mln stock buyback program

March 23, 2024 11:05 am
FB Financial Corporation (NYSE: FBK), the parent company of FirstBank, said this week its Board of Directors had authorized the repurchase of up to $100 million of FBK’s outstanding common stock. The share repurchase program will be in place until January 31st 2026. ”This repurchase authorization reflects the Company’s financial strength and strong profitability. Our […] Read more

FirstEnergy raises quarterly dividend to $0.425

March 22, 2024 8:40 am
FirstEnergy Corp (NYSE: FE) said this week its Board of Directors had authorized a quarterly dividend of $0.425 per share of outstanding common stock. The latter represents an increase of about 4% compared to the prior dividend payment. The dividend will be paid on June 1st to shareholders of record as of the close of […] Read more

Commercial Metals raises cash dividend to $0.18

March 21, 2024 10:59 am
Commercial Metals Company (NYSE: CMC) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.18 per share of common stock. The latter represents an increase of 13% compared to the prior dividend payment. The dividend will be paid on April 10th to shareholders of record as of the […] Read more

TPG RE Finance Trust announces cash dividend of $0.24

March 18, 2024 9:50 am
TPG RE Finance Trust Inc (NYSE: TRTX), a commercial real estate finance company, said on Friday that its Board of Directors had authorized a quarterly cash dividend on its common stock of $0.24 per share. The dividend will be paid on April 25th to shareholders of record as of the close of business on March […] Read more

Hertz Global appoints new Chief Executive Officer

March 17, 2024 3:12 pm
Hertz Global Holdings Inc (NASDAQ: HTZ), a global rental car company, said on Friday that it had appointed Gil West as its next Chief Executive Officer, effective April 1st. West, former Chief Operating Officer of Delta Airlines and GM’s Cruise unit, will also join Hertz Global’s Board. West is to succeed Stephen Scherr, who will […] Read more

Thermon Group announces share buyback program

March 17, 2024 12:29 pm
Thermon Group Holdings Inc (NYSE: THR), a leader in industrial process heating solutions, said on Friday that its Board of Directors had authorized the buyback of up to $50 million of the company’s outstanding shares of common stock through March 15th 2027. ”Today’s authorization of Thermon’s inaugural Repurchase Program underscores the Board’s confidence in our […] Read more