July 10, 2024 9:32 am
Accenture PLC (NYSE: ACN) said this week it had acquired Excelmax Technologies, a Bangalore, India-based semiconductor design services provider. Yet, no financial details of the agreement were disclosed. Established in 2019, Excelmax offers custom silicon solutions used in consumer devices, data centers, artificial intelligence and computational platforms that enable edge AI deployments, to customers operating […]
Read moreJuly 9, 2024 10:42 am
QuickLogic Corporation (NASDAQ: QUIK) said on Monday that it had secured a $5.26 million contract to continue the development and demonstration of a Strategic Radiation Hardened high reliability Field Programmable Gate Array technology in support of identified and future Department of Defense strategic and space system requirements. “QuickLogic is honored to have been chosen by […]
Read moreJuly 9, 2024 8:46 am
Charles Schwab Corp (NYSE: SCHW) has been upgraded to “Outperform” from “Market Perform” at Keefe, Bruyette & Woods, as the firm cited potentially strong earnings growth during the period between 2026 and 2030. KBW noted that progress had been made on repayment of supplemental borrowings and cash sorting had decelerated materially. “With greater confidence in […]
Read moreJuly 5, 2024 10:46 am
Constellation Brands’ (NYSE: STZ) quarterly profit outstripped Wall Street estimates, driven by robust demand for its core beer brands, including Modelo Especial and Pacifico. Yet, the company’s wines and spirits business, along with the broader consumer industry, experienced a slowdown in the US. The company reported net sales of $2.66 billion in the quarter, which […]
Read moreJuly 4, 2024 8:52 am
EMCOR (NYSE: EME) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.25 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on July 30th to shareholders of record as of the close of business on […]
Read moreJuly 4, 2024 7:13 am
RPM (NYSE: RPM) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.46 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on July 31st to shareholders of record as of the close of business on […]
Read moreJuly 3, 2024 9:29 am
The PNC Financial Services Group Inc (NYSE: PNC) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $1.60 per share of common stock. The latter represents an increase of 3.22% compared to the prior dividend of $1.55 per share. The dividend will be paid on August 5th to […]
Read moreJuly 3, 2024 6:49 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Tuesday that its claims and risk management solutions subsidiary, Gallagher Bassett, had acquired NetClaim from NAVEX. However, the company did not disclose any financial details of the agreement. NetClaim provides comprehensive first notice of loss and first report […]
Read moreJune 27, 2024 10:58 am
Corning (NYSE: GLW) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.28 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on September 27th to shareholders of record as of the close of business on […]
Read moreJune 26, 2024 9:09 am
Markel Group Inc (NYSE: MKL) said on Tuesday that it had entered into a definitive agreement to acquire a majority interest in Valor Environmental and its related operating companies. The transaction, which is subject to customary closing conditions, is to be finalized in the second quarter of 2024. Markel Group did not disclose any additional […]
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