Stock News

Value Line announces $0.30 quarterly dividend

Value Line Inc (NASDAQ: VALU) said on Friday that its Board of Directors had authorized a regular 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 August 12th to shareholders of record as of the close of […] Read more

Vista Outdoor stockholders should vote “FOR” The Kinetic Group sale to CSG

Vista Outdoor Inc (NYSE: VSTO) said on Thursday that independent proxy advisory firm Glass Lewis & Co had recommended a shareholder vote in favor of the proposed sale of Vista Outdoor’s The Kinetic Group business to Czechoslovak Group (“CSG”). “With CSG having further raised its offer price for The Kinetic Group, the goalposts have moved […] Read more

Sherwin Williams announces $0.715 quarterly dividend

Sherwin-Williams (NYSE: SHW) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.715 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on September 6th to shareholders of record as of the close of business on August […] Read more

Lear finalizes acquisition of WIP Industrial Automation

Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, said on Wednesday that it had finalized its acquisition of WIP Industrial Automation. The company had previously said it entered into a definitive agreement to buy WIP on April 29th. However, Lear Corp did not disclose any financial details of the agreement. […] Read more

Greene County Bancorp announces $0.09 quarterly dividend

Greene County Bancorp Inc (NASDAQ: GCBC) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.09 per share of common stock. The latter represents a 12.5% increase compared to the previous quarterly dividend of $0.08. The dividend will be paid on August 30th to shareholders of record as […] Read more

Trinity Capital ensures $15 million in growth capital for Velentium

Trinity Capital Inc (NASDAQ: TRIN), a provider of diversified financial solutions to growth-oriented business customers, said on Monday that it had committed $15 million in growth capital to Velentium. Headquartered in Houston, Velentium designs, develops, manufactures and provides post-market support for medical devices – active implantable and wearable devices in particular. “Velentium brings unique capabilities […] Read more

SolarEdge Technologies to cut workforce by 400

SolarEdge Technologies Inc (NASDAQ: SEDG) said on Monday that it intended to dismiss 400 employees, with 200 of them being based in Israel, as it seeks to restore profitability. The move is to affect all departments and includes cuts in both headcount and discretionary spending, the company said. As of December 31st 2023, SolarEdge Technologies […] Read more

T. Rowe Price reports 1.75% surge in total AUM in June

T. Rowe Price Group Inc (NASDAQ: TROW) on Thursday reported a 1.75% month-over-month surge in its assets under management (AUM) to $1.569 trillion as of June 30th, according to preliminary figures. Net outflows stood at $2.6 billion for June alone and at $3.7 billion for the quarter ended on June 30th, the firm said. Equity […] Read more

Accenture announces acquisition of Excelmax Technologies

Accenture PLC (NYSE: ACN) said this week it had acquired Excelmax Technologies, a Bangalore, India-based semiconductor design services provider. Yet, no financial details of the agreement were disclosed. Established in 2019, Excelmax offers custom silicon solutions used in consumer devices, data centers, artificial intelligence and computational platforms that enable edge AI deployments, to customers operating […] Read more

QuickLogic secures $5.26 million US government contract

QuickLogic Corporation (NASDAQ: QUIK) said on Monday that it had secured a $5.26 million contract to continue the development and demonstration of a Strategic Radiation Hardened high reliability Field Programmable Gate Array technology in support of identified and future Department of Defense strategic and space system requirements. “QuickLogic is honored to have been chosen by […] Read more