November 21, 2024 5:20 pm
The US Justice Department and a group of states have filed a proposal that would require Google to sell its Chrome browser and take drastic steps to end its monopoly on internet searches. The proposal comes after a judge ruled that Google’s dominance in general search services and search text advertising was indeed an illegal […]
Read moreNovember 21, 2024 4:42 pm
Nvidia’s third-quarter earnings report sent its stock price on a wild ride on Thursday, as investors digested the chipmaker’s impressive results. Despite beating expectations on both revenue and earnings per share, Nvidia’s shares fluctuated throughout the day, ultimately ending down 1.5% in late-morning trading. The company’s revenue soared 94% year-over-year to $35.08 billion, exceeding the […]
Read moreNovember 21, 2024 12:45 pm
Exxon Mobil Corporation (NYSE: XOM) and LG Chem announced on Wednesday the signing of a non-binding memorandum of understanding for a multi-year offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium is to be supplied from ExxonMobil’s planned project in the United States to LG Chem’s cathode facility in Tennessee, which […]
Read moreNovember 21, 2024 11:14 am
BlackRock Inc (NYSE: BLK) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $5.10 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 23rd to shareholders of record as of the close of business […]
Read moreNovember 21, 2024 10:27 am
OSI Systems Inc (NASDAQ: OSIS) said on Wednesday that its Optoelectronics and Manufacturing division had secured an order valued at nearly $11 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer. “We are pleased with this award from a leader in healthcare technology. This ongoing partnership highlights our commitment to quality […]
Read moreNovember 20, 2024 8:38 am
Merck & Company Inc (NYSE: MRK) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.81 per share of common stock. The latter represents an increase of 5.19% compared to the previous quarterly dividend of $0.77 per share. The dividend will be paid on January 8th to shareholders […]
Read moreNovember 19, 2024 11:09 am
Woodward Inc (NASDAQ: WWD) said this week it had agreed to sell its heavy duty gas turbines combustion parts business based in Greenville, S.C., to GE Vernova Inc (NYSE: GEV). The deal is expected to be finalized in early 2025. “This targeted transaction is good for our customer and members and will allow us to […]
Read moreNovember 18, 2024 12:59 pm
Sysco Corp (NYSE: SYY), a global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home, said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.51 per share of common stock. The dividend […]
Read moreNovember 18, 2024 10:49 am
CRH PLC (NYSE: CRH) said on Friday that it had acquired Dutra Materials in San Rafael, California. Dutra Materials is to complement CRH’s Americas Materials Solutions business in the Western United States, which will ensure additional strategic aggregate reserves and asphalt production capabilities to service the construction market in northern California. “We are delighted to […]
Read moreNovember 18, 2024 7:29 am
Patrick Industries Inc (NASDAQ: PATK) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.60 per share of common stock. The latter represents an increase of 9.09% compared to the previous quarterly dividend of $0.55 per share. The dividend will be paid on December 9th to shareholders of […]
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