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SM Energy announces $0.20 quarterly dividend

December 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 more

Arthur J. Gallagher announces acquisition of Afina Insurance

December 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 more

SiteOne Landscape Supply purchases Custom Stone

December 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 more

Lennox International to be listed on the S&P 500 Index

December 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 more

La Rosa Holdings to offer cryptocurrency payment options

December 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 […] Read more

GCM Grosvenor upgraded to “Overweight” at Piper Sandler

December 24, 2024 8:36 am
Piper Sandler has raised its rating on GCM Grosvenor Inc (NASDAQ: GCMG) to “Overweight” from “Neutral” previously, driving the shares over 3% higher on Monday. Piper Sandler analyst Crispin Love wrote in an investor note that “momentum in fundraising, growth in direct oriented investments, and a pickup in deal activity” would “drive carried interest and […] Read more