June 10, 2021 6:48 am
Target Corp’s (TGT) board of directors has announced a quarterly dividend of $0.90 per common share, up from a dividend of $0.68 in the previous quarter. The dividend is payable on September 10th to shareholders of record as of the close of business on August 18th, the company said. “The dividend increase we’re announcing today […]
Read moreJune 9, 2021 8:43 am
Southwest Airlines Co (LUV) announced on Tuesday the order of 34 additional 737 MAX 7 aircraft from Boeing Co, which it will have delivered in 2022, as the US air carrier prepares for a vaccine-driven air travel demand recovery. “Passenger demand and booking trends remain primarily leisure-oriented,” the air carrier said in a statement, cited […]
Read moreJune 8, 2021 7:18 am
United Airlines Holdings Inc (UAL) said last week that it would begin to require new employees to provide proof that they have been vaccinated against the novel coronavirus. Under the new rule, all external job candidates with offers made after June 15th will have to provide confirmation they have been fully vaccinated by their start […]
Read moreJune 7, 2021 7:18 am
CSX Corp (CSX) said on Friday that its board of directors had approved a 3-for-1 stock split, which would be distributed to the company’s shareholders as a stock dividend. Every shareholder of record at the close of business on June 18th will receive 2 additional shares of CSX’s common stock for each share held, CSX […]
Read moreJune 3, 2021 7:26 am
Tesla Inc (TSLA) will recall almost 6,000 vehicles in the United States due to an issue involving loose brake caliper bolts, a company filing with the National Highway Traffic Safety Administration (NHTSA) showed. Loose caliper bolts could allow the brake caliper to separate and come in contact with the wheel rim, which could result in […]
Read moreJune 2, 2021 7:55 am
Exxon Mobil Corp (XOM), Equinor and Petrogal Brasil said in a joint statement on Tuesday that they would begin developing an $8 billion Bacalhau oil field in Brazil. The field is to be operated by Norway’s Equinor, the companies said, while first oil from the site is expected in 2024. “Estimated recoverable reserves for the […]
Read moreJune 1, 2021 7:07 am
Tesla Inc’s Chief Executive Elon Musk said in a tweet over the weekend that deliveries of the Model S Plaid vehicle would be postponed until June 10th, since the car requires ”one more week of tweak.” The Model S Plaid was showcased as part of Tesla’s Battery Day presentation in September 2020, while the company […]
Read moreMay 31, 2021 7:01 am
FAT Brands Inc and PepsiCo Inc (PEP) have formed an exclusive beverage partnership, the companies said last week. FAT Brands is building on its beverage relationship with PepsiCo to include brands such as the Fatburger, Johnny Rockets, Elevation Burger, Buffalo’s Cafe and Buffalo’s Express, it said. Under the new partnership, local FAT Brands restaurants will […]
Read moreMay 27, 2021 7:41 am
LexinFintech Holdings Ltd. (LX), a leading online consumption and consumer finance platform in China, said on Wednesday that Craig Yan Zeng had tendered in his resignation as Chief Financial Officer, with effect on June 7th. Zeng’s resignation came as a result of personal reasons, while he will keep a seat on Lexin’s board of directors. […]
Read moreMay 26, 2021 9:20 am
SMBC Aviation Capital said on Tuesday that it had ordered 14 additional 737-8 jets from Boeing Co (BA), which would expand its 737 MAX portfolio to 121 planes. The new order comes at a time when air carriers prepare for a robust rebound in global air travel and modernize their narrowbody fleets. “We are pleased […]
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