January 4, 2025 12:54 pm
RTX Corp’s (RTX) Raytheon unit has secured a $946 million contract to supply Romania with additional Patriot air and missile defense systems, the company said on Friday. The contract includes fire units that consist of radars, control stations and missiles, RTX said. “Raytheon is committed to providing Romania with advanced integrated air and missile defense […]
Read moreJanuary 3, 2025 9:17 am
Key Takeaways: Tesla’s China sales reached a record high of over 657,000 cars in 2024, with an 8.8% increase from the previous year. China accounted for 36.7% of Tesla’s global deliveries, making it the company’s second-largest market. The global EV sector is experiencing a slowdown, with China being the only major market seeing robust growth. […]
Read moreDecember 31, 2024 9:38 am
Marcus & Millichap’s division, Institutional Property Advisors (IPA), said on Monday that it had sold La Vista Apartments, a 460-unit multifamily asset in Santa Maria, California, for $116 million. The property is the largest multifamily asset ever sold in Santa Barbara County in terms of number of units and sales price, the commercial real estate […]
Read moreDecember 30, 2024 10:41 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Friday that it had acquired Murray Gardner Insurance Agency Inc, dba BMR Insurance, based in Tustin, California. However, the company did not disclose any financial details of the agreement. BMR Insurance is a retail insurance agency that serves […]
Read moreDecember 30, 2024 7:41 am
Four Corners Property Trust Inc (NYSE: FCPT) said on Friday that it had acquired a Burger King property valued at $1.7 million. The latter is located in a strong retail corridor in Virginia and under a corporate long-term, triple net lease with nearly 13 years of term remaining, the real estate investment trust said. FCPT […]
Read moreDecember 29, 2024 9:28 am
SM Energy Company (NYSE: SM) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.20 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 3rd to shareholders of record as of the close of business […]
Read moreDecember 27, 2024 9:24 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said this week it had acquired Afina Insurance Advisors Inc based in Oakbrook Terrace, Illinois. However, the company did not disclose any financial details of the agreement. Afina Insurance is a property/casualty insurance broker that serves clientele in greater Chicago. […]
Read moreDecember 26, 2024 8:49 am
SiteOne Landscape Supply Inc (NYSE: SITE) said this week it had acquired Custom Stone, a wholesale distributor of hardscapes products with six locations across the Austin, Dallas-Fort Worth and Houston, Texas markets. “The addition of Custom Stone will provide SiteOne with six well-located sites across three high-growth markets, making us the clear hardscapes leader in […]
Read moreDecember 25, 2024 9:18 am
Lennox International Inc (NYSE: LII), a provider of innovative climate control solutions, said this week it had been included in the benchmark S&P 500 Index. This achievement highlights the company’s sustained growth, innovation and dedication to delivering advanced HVACR products that prioritize comfort and efficiency. “Joining the S&P 500 is a testament to the success […]
Read moreDecember 24, 2024 12:44 pm
La Rosa Holdings Corp (NASDAQ: LRHC) said on Monday that it would offer Bitcoin and other cryptocurrencies as a payment option for its network of agents. This way, agents will be provided with the flexibility to receive certain payments in digital assets, while the initiative marks a progressive step toward integrating blockchain technology into real […]
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