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FedEx (FDX)
Fedex declared a regular quarterly dividend in the amount of $.11 per share payable April 1, 2010 to shareholders of record on March 11, 2010.
At today''s $78.55 stock price the dividend yield is 0.56%.
Feb 15 · 5:16:00 PM
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by Michael Oliveto
GE (GE)
GE Healthcare today announced the availability of Vscan, a new, pocket-sized visualization tool developed to provide physicians with imaging capabilities at the point-of-care.
Roughly the size of a smart phone, Vscan houses powerful, ultra-smart ultrasound technology that provides clinicians with an immediate, non-invasive method to help secure visual information about what is happening inside the body. Vscan is portable and can easily be taken from room to room to
be used in many clinical, hospital or primary care settings.
Feb 15 · 5:08:00 PM · Source: Company Press Release
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by Michael Oliveto
Boeing (BA)
Boeing announced that it has submitted a proposal to the Defense Logistics Agency ( DLA ) to provide supply chain services to the U.S. Army for ground vehicle support at Army depots in Anniston, Alabama, and Red River, Texas. The eight-year, $193 million contract award is expected to be announced this summer.
"Our proposal offers a best-value supply chain solution to the Defense Logistics Agency that will provide fast, reliable services at a consistently high quality," said Jason Frei, Boeing program manager of Land & Maritime DLA Support Programs. "Boeing has long been a leader in the aviation supply chain market, and we are committed to demonstrating our innovative capabilities to our land and maritime customers."
Feb 15 · 5:01:00 PM · Source: Media Newswire
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by Michael Oliveto
AMR (AMR)
AMR's (NYSE:AMR) American Airlines and British Airways PLC (NYSE:BAY) received tentative approval on Saturday from the United States Department of Transportation to grant antitrust immunity. Reuters reported if the decision is made final, American Airlines and its oneworld alliance partners would be able to more closely coordinate international operations in transatlantic markets. In addition, the airlines would have to give up four daily pairs of slots at London's congested Heathrow airport.
The two airlines have sought immunity to expand their pact on three occasions since 1998 and welcomed Saturday's decision.
AMR said this would benifit all of its oneworld partners and provide greater efficiency.
Feb 15 · 3:01:00 PM
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by Steve Wieczorek
Vulcan Materials (VMC)
Vulcan Materials declared a regular quarterly dividend in the amount of $.25 per share payable March 10, 2010 to shareholders of record on February 26, 2010.
At today''s $42.94 stock price the dividend yield is 2.33%.
Feb 12 · 11:16:00 PM
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by Michael Oliveto
Union Pacific (UNP)
Union Pacific Corp. plans to invest $29 million to improve its rail line between Spring and Houston’s Washington Avenue Corridor.
Omaha, Neb.-based Union Pacific said it plans to spend about $2.5 billion in 2010 on enhancements to the railroad’s 32,000-mile network across America.
Feb 12 · 11:14:00 PM · Source: MSN Money
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by Michael Oliveto
Sempra Energy (SRE)
Sempra Energy declared a regular quarterly dividend in the amount of $.39 per share payable April 15, 2010 to shareholders of record on March 18, 2010.
At today''s $49.48 stock price the dividend yield is 3.15%.
Feb 12 · 11:12:00 PM
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by Michael Oliveto
Smith International (SII)
Smith International announced today that it has agreed to acquire @Balance, B.V. from Shell Technology Ventures Fund 1 B.V. At Balance, winner of Hart’s 2008 Special Meritorious Award for Engineering Innovation, provides managed pressure drilling (“MPD”) services using its patented technology.
Smith acquired a minority interest in At Balance in late 2007 and increased its stake to 35% during 2009. While the transaction is subject to completion of a final agreement, the Company anticipates concluding the acquisition of the remaining 65% interest during the first quarter of this year. No financial terms were disclosed.
Feb 12 · 11:10:00 PM · Source: Company Press Release
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by Michael Oliveto
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