September 27, 2024 12:37 pm
According to a statement by the National Highway Traffic Safety Administration, General Motors Company (GM) is set to recall 18,235 commercial vehicles in the United States due to faulty brake lines. “The brake line may have insufficient clearance to the body mounts, which can result in brake line damage that can lead to a brake […]
Read moreSeptember 27, 2024 9:23 am
According to a report by Deadline, citing sources, Walt Disney (NYSE: DIS) is set to lay off about 300 employees in the United States. The lay-offs are to affect the company’s corporate operations, including legal, HR, finance and communications. At the same time, the lay-offs will not impact Walt Disney Co’s operations at Parks, ESPN […]
Read moreSeptember 25, 2024 8:51 pm
Thermon Group Holdings Inc (NYSE: THR), a leader in industrial process heating solutions, said on Wednesday that it had appointed Jan L. Schott as Senior Vice President and Chief Financial Officer, effective October 14th. Schott has over three decades of global financial, commercial and operational experience and a deep background across the energy verticals. Before […]
Read moreSeptember 24, 2024 8:46 pm
KBR Inc (NYSE: KBR) said on Monday that it had been awarded a $113 million task order to perform aeronautical systems research, development, test and evaluation for the Air Force Life Cycle Management Center Mobility Directorate at Wright-Patterson Air Force Base for a period of five years. Under the new contract, KBR will provide program […]
Read moreSeptember 24, 2024 9:07 am
Alaska Airlines (NYSE: ALK) said on Monday that it had experienced an IT outage, which led to significant disruption to its operations, including flight delays. Alaska said it had issued a ground stop for arrivals in Seattle, which lasted for about 2 hours. On Sunday night, the company said on its X account there had […]
Read moreSeptember 24, 2024 6:55 am
Q2 Holdings Inc (NYSE: QTWO), a provider of digital transformation solutions for financial services, said on Monday that it had appointed Jonathan A. Price as its next Chief Financial Officer, effective November. Price has almost two decades of experience in corporate finance and operating leadership roles across investment banking, corporate strategy and the technology and […]
Read moreSeptember 23, 2024 1:03 pm
Lennox International Inc (NYSE: LII), a leader in energy-efficient climate-control solutions, said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $1.15 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on October 15th to shareholders of […]
Read moreSeptember 23, 2024 10:22 am
According to General Motors’ Worker Adjustment and Retraining Notification notice, the auto maker is set to lay off 1,695 workers at its Fairfax Assembly facility in Kansas. A spokesperson for GM said the first round of lay-offs would begin on November 18th and would affect 686 full-time workers temporarily, while terminating 250 temporary employees. Under […]
Read moreSeptember 23, 2024 8:32 am
SR Bancorp Inc (NASDAQ: SRBK), the holding company for Somerset Regal Bank, said on Friday that it had adopted a program to buy back up to 950,793 shares of its common stock – or nearly 10% of its outstanding common stock. This is the first stock repurchase program since the company completed its stock offering […]
Read moreSeptember 20, 2024 9:16 pm
Washington Trust Bancorp (NASDAQ: WASH) said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.56 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on October 11th to shareholders of record as of the close of […]
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