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Marathon Petroleum announces $0.91 quarterly dividend

January 25, 2025 1:53 pm
Marathon Petroleum Corp (NYSE: MPC), an integrated, downstream energy company based in Findlay, Ohio, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.91 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 10th to […] Read more

CBRE Group downgraded to “Outperform” at Raymond James

January 25, 2025 11:11 am
CBRE Group Inc (NYSE: CBRE) has been downgraded to “Outperform” from “Strong Buy” at Raymond James. The firm still considered CBRE Group as having the most attractive secular growth profile within its peer group. Yet, it cited more attractive risk/reward propositions elsewhere among peers given CBRE Group’s premium valuation compared to peers. The firm also […] Read more

JPMorgan CEO Dimon receives $39 million in 2024 pay

January 24, 2025 12:59 pm
Total 2022 compensation for JPMorgan Chase & Co’s Chief Executive Officer Jamie Dimon has increased more than 8% to $39 million, as the Wall Street bank reported a record profit for FY 2024 amid a revival in dealmaking activities. The CEO’s compensation included a base salary of $1.5 million and $37.5 million in incentives, the […] Read more

Summit Hotel announces $0.08 quarterly dividend

January 24, 2025 9:47 am
Summit Hotel Properties Inc (NYSE: INN) said on Thursday that its Board of Directors had authorized a quarterly cash dividend of $0.08 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 28th to shareholders of record as of the close of […] Read more

Ford expects special item gain of $0.7 billion in Q4

January 24, 2025 7:51 am
Ford Motor Co (NYSE: F) said that it expected to record a pre-tax remeasurement gain of about $0.7 billion in its fourth quarter 2024 results associated with pension and other postretirement employee benefits (OPEB) plans. It included “a $0.3 billion loss associated with pension plans in the United States, a $0.9 billion gain associated with […] Read more

Northern Trust announces $0.75 quarterly dividend

January 23, 2025 11:47 am
Northern Trust Corp (NASDAQ: NTRS) said on Wednesday that its Board of Directors had authorized a quarterly cash dividend of $0.75 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on April 1st to shareholders of record as of the close of business […] Read more

Enlightify announces share buyback program

January 22, 2025 12:01 pm
Enlightify Inc (NYSE: ENFY), which produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products via its subsidiaries in China, has announced a share repurchase program. Under the latter, the company will buy back up to 2,000,000 shares of its common stock at a price not exceeding $3.00 per share. […] Read more

Sensient Technologies announces $0.41 quarterly dividend

January 21, 2025 11:47 am
Sensient Technologies Corp (NYSE: SXT), a global manufacturer and marketer of colors, flavors and other specialty ingredients, said that its Board of Directors had authorized a quarterly cash dividend of $0.41 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 3rd […] Read more

Canoo announces Chapter 7 Bankruptcy Code filing

January 21, 2025 9:20 am
Canoo Inc (NASDAQ: GOEV), a high-tech advanced mobility and energy company, said that it had filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code. As a result, a Bankruptcy Trustee will be appointed to oversee the liquidation of the company’s assets and the distribution of proceeds to creditors. “We would […] Read more

Alliant Energy Corp increases dividend to $0.5075

January 21, 2025 8:07 am
Alliant Energy Corp (NASDAQ: LNT), which provides regulated energy service to nearly 1,000,000 electric and 425,000 natural gas clients across Iowa and Wisconsin, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.5075 per share of common stock. The latter represents an increase of 5.73% compared to the previous […] Read more