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OSI Systems Inc secures $32 million contract

February 25, 2025 1:39 pm
OSI Systems Inc (NASDAQ: OSIS) said on Monday that its Security division had been awarded an international order valued at nearly $32 million to provide radio frequency-based critical systems that are designed for long-range secure communications. ”We are pleased with this award and look forward to collaborating with this customer and supporting the upgrade of […] Read more

Fresh Del Monte Produce announces share buyback program

February 25, 2025 11:16 am
Fresh Del Monte Produce Inc (NYSE: FDP) said on Monday that its Board of Directors had authorized a $150 million share buyback program, reinforcing its balanced capital allocation strategy. “This repurchase authorization is part of our broader capital allocation framework, which prioritizes investing in strategic growth opportunities, maintaining a strong balance sheet, and returning capital […] Read more

National Grid to sell US renewables business to Brookfield

February 25, 2025 9:03 am
National Grid (NYSE: NGG) said on Monday that it had agreed to sell its US onshore renewables business to Canadian investment firm Brookfield Asset Management in a deal valued at $1.74 billion including debt. The deal is expected to be completed in the first half of the financial year to March 31st 2026, National Grid […] Read more

Nike upgraded to “Buy” at Jefferies, shares surge 5%

February 25, 2025 7:35 am
The shares of Nike Inc (NYSE: NKE) rose almost 5% on Monday, after Jefferies upgraded the stock to “Buy” from “Hold”, as it cited a strong margin and earnings recovery opportunity. The Jefferies team forecasts fiscal 2027 earnings of $3.50 per share. ”Nike’s brand ubiquity and global distribution advantage should allow it to outgrow the […] Read more

BMW to rethink timeline for electric Mini production in UK

February 24, 2025 10:02 am
BMW Group said over the weekend that it would review its timeline for manufacturing all-electric Mini vehicles in Britain. In 2023, the auto maker had said it planned to invest 600 million pounds in the UK in order to make its Mini brand fully-electric by 2030 – with production slated to begin in Oxford in […] Read more

Boeing chief aerospace safety officer to retire

February 24, 2025 7:53 am
According to a report by Reuters, citing a Boeing Co memo, the company’s chief aerospace safety officer, Mike Delaney, is poised to retire later this year. Delaney has spent almost 40 years at Boeing. In 2021, he was appointed to oversee the plane maker’s safety practices. “His contributions over the decades have advanced our global […] Read more

Prologis increases quarterly dividend to $1.01

February 23, 2025 6:09 pm
Prologis Inc (NYSE: PLD) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $1.01 per share of common stock. The latter represents an increase of 5.21% compared to the previous quarterly dividend of $0.96 per share. The dividend will be paid on March 31st to shareholders of record […] Read more

Westlake Corporation announces $0.525 quarterly dividend

February 23, 2025 11:58 am
Westlake Corporation (NYSE: WLK) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.525 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 19th to shareholders of record as of the close of business […] Read more

Kellanova announces $0.57 quarterly dividend

February 22, 2025 5:59 pm
Kellanova (NYSE: K) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.57 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 14th to shareholders of record as of the close of business on […] Read more

Ryman Hospitality Properties announces $1.15 dividend

February 22, 2025 9:27 am
Ryman Hospitality Properties Inc (NYSE: RHP) said on Friday that its Board of Directors had authorized a 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 April 15th to shareholders of record as of the close of […] Read more