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XWELL Inc names new Chief Executive Officer

September 9, 2024 7:53 am
XWELL Inc (NASDAQ: XWEL) said that it had appointed Ezra T. Ernst as its next Chief Executive Officer. Ernst is to succeed Scott Milford, who will remain with the company as a consultant through the end of this year. Most recently, Ezra T. Ernst served as CEO of XWELL brands XpresCheck since January 2022 and […] Read more

Susquehanna downgrades Evertec to “Negative”

September 6, 2024 9:06 am
Susquehanna has downgraded the shares of Evertec Inc (NYSE: EVTC) to “Negative” from “Neutral”, as it cited margin pressure. The firm also revised down its 12-month price target on the stock to $28.00 from $38.00. “Appropriately, the company has been expanding its Total Addressable Market beyond its heritage relationship with its former parent Banco Popular […] Read more

Noble finalizes acquisition of Diamond Offshore Drilling

September 5, 2024 12:14 pm
Noble Corporation plc (NYSE: NE) said on Wednesday that it had finalized its acquisition of Diamond Offshore Drilling Inc. The deal enhances Noble’s position as a leading offshore driller and creates the largest fleet of 7th generation dual-BOP drillships within the industry. “We are excited to close this highly strategic and accretive transaction ahead of […] Read more

Gladstone Commercial buys industrial facility in Texas

September 3, 2024 9:16 pm
Gladstone Commercial Corporation (NASDAQ: GOOD) said on Tuesday that it had purchased a 50,102 square foot Class A industrial manufacturing, distribution and service facility in Midland, Texas, in a long-term sale-leaseback transaction with a 15-year absolute NNN lease. The property is entirely leased to a provider of electrical feedthrough connectors, wellhead solutions and related services, […] Read more

BTIG assigns “Buy” rating on Fiserv stock

August 30, 2024 7:50 am
BTIG has assigned a “Buy” rating on Fiserv Inc (NYSE: FI) shares, as considerable investment initiatives put the company on course for high single-digit/low double-digit growth during the upcoming several years. According to BTIG analyst Andrew Harte, Fiserv’s cash flow may grow even faster as operating margins expand and capital expenditure investment stabilizes. “While FI […] Read more

Deere & Co announces $1.47 quarterly dividend

August 29, 2024 6:58 am
Deere & Company (NYSE: DE) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $1.47 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on November 8th to shareholders of record as of the close of […] Read more

Greif increases quarterly dividend to $0.81

August 28, 2024 10:58 am
Greif Inc (NYSE: GEF.B) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.81 per share on its Class B Common Stock. The latter represents an increase of 3.85% compared to the previous quarterly dividend of $0.78 per share. The dividend will be paid on October 1st to […] Read more

Ascent Industries opens new corporate head office

August 28, 2024 8:41 am
Ascent Industries Co (NASDAQ: ACNT), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, said on Tuesday that it had opened its new corporate headquarters in Schaumburg, Illinois. The new space is located in the Woodfield Preserve Office Center II, a highly regarded office complex in Chicago’s northwest […] Read more

Trinity Capital provides $35 mln equipment financing to ApiJect

August 28, 2024 6:55 am
Trinity Capital Inc (NASDAQ: TRIN) said on Tuesday that it had provided $35 million in equipment financing to ApiJect Systems Corp, a public-benefit medical technology company. ApiJect works with pharmaceutical companies to design rapidly scalable, cost-efficient drug delivery systems and, after that, it provides assistance in manufacturing the devices. “We built the ApiJect injection platform […] Read more

Campbell finalizes sale of Pop Secret business

August 27, 2024 9:00 am
Campbell Soup Company (NASDAQ: CPB) said on Monday that it had finalized the sale of the Pop Secret popcorn business to Our Home. However, the company did not disclose any financial details of the transaction. The Pop Secret business generated about $120 million in net sales during fiscal 2024. “This marks another step in our […] Read more