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Paramount Group suspends quarterly dividend

September 13, 2024 8:56 pm
Paramount Group Inc (NYSE: PGRE) said on Friday that its Board of Directors had suspended the regular quarterly dividend, which would have otherwise been paid on October 15th. In 2024, the company paid three regular quarterly dividends totaling $0.1050 per share of common stock. “The decision by our Board of Directors to suspend our regular […] Read more

Williams-Sonoma announces $0.57 quarterly dividend

September 13, 2024 9:52 am
Williams-Sonoma Inc (NYSE: WSM) said on Thursday 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 November 22nd to shareholders of record as of the close of business […] Read more

Trinity Capital provides $30 mln growth capital to Slingshot

September 13, 2024 7:55 am
Trinity Capital Inc (NASDAQ: TRIN) said on Thursday that it had provided $30 million in growth capital to Slingshot Aerospace, a leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation. Headquartered in El Segundo, California, Slingshot builds mission-critical solutions for training, planning, and operations by creating a common operating […] Read more

US Bancorp increases quarterly dividend to $0.50

September 12, 2024 8:56 pm
US Bancorp (NYSE: USB) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.50 per share of common stock. The latter represents an increase of 2.04% compared to the previous quarterly dividend of $0.49 per share. The dividend will be paid on October 15th to shareholders of record […] Read more

Electromed announces stock buyback program

September 11, 2024 9:02 pm
Electromed Inc (NYSE: ELMD) said on Wednesday that its Board of Directors had authorized the repurchase of up to $5 million of the company’s common stock. “I am pleased to announce Electromed’s next share repurchase authorization, which follows the recent announcement of our record performance in fiscal 2024, and the successful completion of our previous […] Read more

PACCAR announces $0.30 quarterly dividend

September 10, 2024 8:47 pm
PACCAR Inc (NASDAQ: PCAR), a technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates, on Tuesday announced 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 […] Read more

SM Energy appoints new Chief Operating Officer

September 9, 2024 8:59 pm
SM Energy Company (NYSE: SM) said on Monday that it had appointed Beth McDonald as Executive Vice President and Chief Operating Officer, effective September 9th. Most recently, McDonald was Executive Vice President – Strategic Planning, Field Development and Marketing at Pioneer Natural Resources Company. “We are delighted to welcome Beth to our executive team. She […] Read more

J.P.Morgan upgrades Amneal Pharmaceuticals to “Neutral”

September 9, 2024 12:47 pm
J.P.Morgan has raised its rating on Amneal Pharmaceuticals Inc’s (NASDAQ: AMRX) stock to “Neutral”, as the bank cited progress in revamping business operations. According to J.P.Morgan, Amneal Pharmaceuticals’ generic drug business is generating “solid growth”, with a move away from oral solid medications and towards complex products and biosimilars. The Wall Street bank noted that […] Read more

Lululemon CEO expands stake in sportswear maker

September 9, 2024 11:38 am
Lululemon Athletica Inc’s (NASDAQ: LULU) Chief Executive Officer Calvin McDonald has expanded his stake in the sportswear maker with the purchase of 4,000 shares last week, a SEC filing showed. The shares were acquired at a price of $260 each, while the total value of the deal was $1.04 million. As a result of the […] Read more

Piper Sandler upgrades Intra-Cellular to “Overweight”

September 9, 2024 9:24 am
Piper Sandler has upgraded the stock of Intra-Cellular Therapies Inc (NASDAQ: ITCI) to “Overweight”, as it highlighted sales potential for Intra-Cellular’s Caplyta. The investment bank also revised up its 12-month price target on the shares to $92.00 from $68.00. According to Piper Sandler, a survey of 25 psychiatrists showed that the patient/prescription volume footprint for […] Read more