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Subaru of America reports 2.6% YoY surge in July vehicle sales

August 3, 2024 3:24 pm
Subaru of America Inc reported this week 51,702 vehicle sales for the month of July. The latter represents a 2.6% increase over July 2023. Year-to-date sales stood at 374,145 vehicles, or a 5.5% surge compared to the same period of 2023. Crosstrek was the top-selling model, while it also registered its best July ever. As […] Read more

Macerich announces $0.17 quarterly dividend

July 30, 2024 6:34 am
Macerich Co (NYSE: MAC), a fully integrated, self-managed, self-administered real estate investment trust, said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.17 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on September 9th to shareholders […] Read more

AGCO to sell most of its Grain & Protein business

July 26, 2024 10:51 am
AGCO Corporation (NYSE: AGCO) said on Thursday that it had entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners in a $700 million all-cash deal. The portfolio to be sold includes the five main Grain & Protein brands – GSI, Automated Production, Cumberland, Cimbria and […] Read more

FirstEnergy announces $0.425 quarterly dividend

July 26, 2024 8:41 am
FirstEnergy Corp (NYSE: FE) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.425 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on September 1st to shareholders of record as of the close of business on […] Read more

Wells Fargo increases quarterly dividend to $0.40

July 24, 2024 10:58 am
Wells Fargo & Company (NYSE: WFC) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.40 per share of common stock. The latter represents an increase of 14.28% compared to the previous quarterly dividend of $0.35 per share. The dividend will be paid on September 1st to shareholders […] Read more

Backblaze Inc appoints Chief Revenue Officer

July 24, 2024 9:08 am
Backblaze Inc (NASDAQ: BLZE) said on Tuesday that it had appointed Jason Wakeam as its first Chief Revenue Officer. Having almost three decades of global leadership experience, Wakeam brings a proven track record of driving growth and innovation at technology companies. Previously, Wakeam was vice president of global sales at SnapLogic. He had also assumed […] Read more

Atkore appoints John Deitzer as Chief Financial Officer

July 24, 2024 7:00 am
Atkore Inc (NYSE: ATKR), which manufactures electrical products for commercial, industrial, data center, telecommunications and solar applications, said on Tuesday that David Johnson had resigned as Vice President, Chief Financial Officer and Chief Accounting Officer, effective August 9th. In connection with Johnson’s departure from the firm, John Deitzer has been appointed as Vice President and […] Read more

CMS Energy announces $0.515 quarterly dividend

July 23, 2024 10:37 am
CMS Energy (NYSE: CMS) said on Monday that its Board of Directors had authorized a regular quarterly cash dividend of $0.515 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on August 30th to shareholders of record as of the close of business […] Read more

Valaris secures $498 million contract for offshore Brazil project

July 23, 2024 8:49 am
Valaris Limited (NYSE: VAL) said on Monday that it had secured a multi-year contract with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for drillship VALARIS DS-17. The contract is associated with work offshore Brazil on Project Raia. The estimated total contract value is nearly $498 million, while the contract has an estimated […] Read more

CRH announces the acquisition of Ary Corp

July 23, 2024 7:22 am
CRH PLC (NYSE: CRH) said on Monday that it had acquired Ary Corporation, a provider of building materials solutions based in Canon City, Colorado. Ary Corporation complements CRH’s Americas Materials Solutions business in the western United States, as it expands the company’s aggregate reserves position by adding over 25 sand and gravel locations. Ary Corp […] Read more