February 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 […]
Read moreFebruary 21, 2024 9:24 am
AbbVie Inc (NYSE: ABBV) said on Tuesday that its Board of Directors had appointed Robert A. Michael, the company’s current President and Chief Operating Officer, to the role of Chief Executive Officer. Michael is to succeed Richard A. Gonzalez, who has been CEO since the company’s foundation in 2013. Gonzalez will become Executive Chairman of […]
Read moreFebruary 19, 2024 12:33 pm
According to a report by CNBC, citing a new 13F filing, Warren Buffett could be establishing a substantial stock position within the banking industry. Buffett’s Berkshire Hathaway has asked regulatory authorities to keep one or more stock purchases confidential in the fourth quarter. The last time Berkshire Hathaway kept a stock purchase secretive was when […]
Read moreFebruary 18, 2024 1:20 pm
NextEra Energy Inc (NYSE: NEE) said on Friday that its Board of Directors had authorized a regular quarterly dividend of $0.515 per common share. The latter represented about 10% increase from the prior-year comparable quarterly dividend. The dividend will be paid on March 15th to shareholders of record as of the close of business on […]
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