February 9, 2024 10:37 am
First BanCorp, the bank holding company for FirstBank Puerto Rico, said this week its Board of Directors had authorized a quarterly cash dividend of $0.16 per share. It represents an increase of 14% compared to the prior quarterly dividend. The dividend will be paid on March 8th to shareholders of record at the close of […]
Read moreFebruary 9, 2024 8:15 am
Mediobanca on Friday reported higher-than-expected first-half net profit, driven by a surge in net interest income and strength in its wealth management business. The financial group’s first-half net profit rose 10% year-on-year to EUR 611 million. It compares with a consensus of analyst estimates of EUR 596 million. Net interest income grew 18% year-on-year to […]
Read moreFebruary 8, 2024 1:48 pm
Harley-Davidson Inc on Thursday posted a 38% decrease in its quarterly earnings amid weaker demand for motorcycles in North America as consumers pared spending on more costly items. The motorcycle maker reported a net profit of $26 million ($0.18 per share) in the fourth quarter, down from $42 million ($0.28 per share) in the year-ago […]
Read moreFebruary 6, 2024 2:07 pm
DNOW Inc said on Tuesday that it had entered into an agreement to acquire Whitco Supply LLC in an all-cash deal. Established in 2003 by the Dawes family and based in Broussard, LA, Whitco Supply LLC provides energy products and solutions to the midstream market as well as to the broader energy sectors. The transaction […]
Read moreFebruary 5, 2024 11:12 am
Haynes International Inc, a developer, manufacturer and marketer of technologically advanced high-performance alloys, said on Monday that it had entered into a definitive agreement to be purchased by North American Stainless, a wholly owned subsidiary of Acerinox, in an all-cash deal. Haynes International’s estimated enterprise value stands at nearly $970 million, or a multiple of […]
Read moreFebruary 4, 2024 1:15 pm
According to a Reuters report, citing unnamed sources with knowledge of the matter, Societe Generale is about to slash some 900 jobs in France this year in a cost-cutting effort. The cuts will mostly affect IT and other support functions at the banking group’s headquarters in La Defense business district in Paris. The job cuts […]
Read moreFebruary 3, 2024 4:40 pm
Sweetgreen Inc (SG) said on Friday that it had appointed Rossann Williams as its next Chief Operating Officer, effective February 5th. As COO, she will oversee Operations, Real Estate & Development and Supply Chain, Sweetgreen said. Before joining Sweetgreen, Williams worked more than 18 years at Starbucks, where she advanced to Executive Vice President and […]
Read moreFebruary 3, 2024 12:58 pm
RTX Corp (RTX) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.59 per outstanding share of RTX common stock. The dividend will be paid on March 21st to shareholders of record at the close of business on February 23rd 2024. The defense company, which employs more than 185,000 […]
Read moreFebruary 1, 2024 10:39 am
Key moments Elon Musk announces Tesla’s potential shift from Delaware to Texas for legal domicile. Decision follows a Delaware court’s invalidation of Musk’s record $55.8bn Tesla compensation. Musk criticizes Delaware’s corporate framework, while Texas offers lighter taxation. Elon Musk’s Bold Move: Texas Beckons for Tesla In a striking declaration, Elon Musk has set the wheels […]
Read moreJanuary 31, 2024 12:18 pm
BuildDirect.com Technologies Inc, a leading omni-channel building material retailer, said earlier this week its Board of Directors had appointed Marshall Rosichuk as Interim Chief Financial Officer, effective January 27th. Rosichuk is a financial executive with over two decades of experience as a CFO, Corporate Controller and Consultant to public and private companies within the service, […]
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