January 20, 2025 9:41 am
MGE Energy Inc (NASDAQ: MGEE), a public utility holding company, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 15th to shareholders of record as […]
Read moreJanuary 20, 2025 7:53 am
Mawson Infrastructure Group Inc (NASDAQ: MIGI) said on Friday that it had appointed William C. Regan as its next Chief Financial Officer, effective January 17th. Regan brings 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies. Previously, he has been in a number of CFO […]
Read moreJanuary 18, 2025 4:29 pm
Ally Financial Inc (NYSE: ALLY) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.30 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 14th to shareholders of record as of the close of business […]
Read moreJanuary 18, 2025 12:07 pm
The shares of Salesforce Inc (NYSE: CRM) rose more than 1% on Friday, after TD Cowen upgraded the stock to “Buy” from “Hold”. The firm also revised up its 12-month price target to $400 per share from $380 previously. The upgrade was related to the deployment of the Agentforce AI product. Stock Performance The shares […]
Read moreJanuary 17, 2025 12:25 pm
Wolfe Research has downgraded Advanced Micro Devices Inc (NASDAQ: AMD) to “Peer Perform” from “Outperform”, as the firm warned of slower data center GPU revenue growth than anticipated. Wolfe Research now expects $1.5 billion to $2 billion in data center GPU revenue for the fourth quarter of 2024. That is well below a previous forecast […]
Read moreJanuary 16, 2025 12:44 pm
Kenvue Inc (NYSE: KVUE), the world’s largest pure-play consumer health company by revenue, said on Thursday that its Board of Directors had authorized a quarterly cash dividend of $0.205 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 26th to shareholders […]
Read moreJanuary 14, 2025 12:11 pm
Morgan Stanley has upgraded Crown Holdings Inc (NYSE: CCK) to “Overweight” from “Equal Weight” on improved marketing conditions for packaging. Yet, the Wall Street bank revised down its 12-month price target on the stock to $105.00 per share from $109.00 previously. Stock Performance The shares of Crown Holdings Inc (CCK) closed 4.99% ($3.93) higher at […]
Read moreJanuary 14, 2025 9:51 am
RTX Corp’s (RTX) Raytheon unit has secured a $333 million contract from the US Navy to produce Standard Missile-6 (SM-6) Block IA missiles. Deployed on US Navy ships, SM-6 delivers a proven, over-the-horizon offensive and defensive capability by leveraging the time-tested Standard Missile airframe and propulsion system. “SM-6 has a proven performance, and this contract […]
Read moreJanuary 14, 2025 8:07 am
Sonos Inc (NASDAQ: SONO) said on Monday that its current Chief Executive Officer, Patrick Spence, would step down as CEO and as a member of the Board of Directors, effective immediately. Meanwhile, Tom Conrad, an independent member of the Board since 2017, has been appointed as Interim CEO with immediate effect. The Board has commenced […]
Read moreJanuary 13, 2025 8:16 am
Coca-Cola Consolidated Inc (NASDAQ: COKE) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $2.50 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 7th to shareholders of record as of the close of business […]
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