NEW YORK - American Express Company (NYSE: NYSE:AXP) has announced an increase in its quarterly dividend, a move that aligns with the company\'s previously disclosed financial strategy. The board of directors has approved a $0.10 hike, which translates to a 17% rise in the dividend on common stock. This increase raises the payout to $0.70...
Sarcos Technology (NASDAQ:STRC), a robotics company, announced the appointment of Trevor Thatcher as its new Chief Financial Officer (CFO), effective Monday. The transition comes as Andrew Hamer, the previous CFO, agreed with the CEO, Benjamin Wolff, that it was the right time for a change in the company\'s financial leadership. Hamer\'s employment with Sarcos will...
WALNUT CREEK, Calif. - BayCom Corp (NASDAQ:BCML), the holding company for United Business Bank, has revised the record date for its previously announced quarterly cash dividend of $0.10 per share. Due to regulatory and statutory requirements of the NASDAQ Global Select Market, the new record date is set for March 16, 2024. The payment date...
LOS ANGELES - Kilroy Realty Corporation (NYSE: NYSE:KRC) has successfully amended and extended its senior unsecured revolving credit facility, now allowing for borrowings of up to $1.1 billion through July 31, 2028, before extension options. The real estate investment trust, which specializes in office, life science, and mixed-use projects, announced the three-year extension of the...
CINCINNATI - Investment funds advised by Apax Partners LLP have initiated an underwritten public offering of 8,000,000 shares of Paycor HCM , Inc. (NASDAQ: NASDAQ:PYCR) common stock, as announced today. The shares are being sold by Pride Feeder, LP and AIX Pride Syndication L.P., with 5,651,106 and 2,348,894 shares on offer, respectively. Both selling stockholders...
DUBAI - Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) has unveiled Lytus Cloud, a suite of cloud infrastructure services aimed at the enterprise computing market. The launch represents the company\'s strategic entry into the cloud computing sector, with a focus on high-performance computing (HPC) infrastructure. Lytus Cloud will offer a range of services, including public and...
HOUSTON - Chord Energy Corp. (NASDAQ: CHRD), an independent oil and gas exploration and production company, announced executive leadership changes on Monday, with Michael Lou taking on the roles of Executive Vice President, Chief Strategy Officer, and Chief Commercial Officer. Shannon Kinney has been appointed as Executive Vice President, Chief Administrative Officer, and General Counsel,...
VSE Corp. (NASDAQ:VSEC), a leading provider of aftermarket distribution and maintenance, repair, and overhaul services for land, sea, and air transportation assets for government and commercial markets, announced significant changes to its leadership. On Monday, Calvin Koonce informed the company of his decision to retire from the Board of Directors at the end of his...
TEL AVIV - SciSparc Ltd. (NASDAQ:SPRC), a pharmaceutical company specializing in central nervous system disorders and rare diseases, has received a Canadian patent for a novel combination of opioids and n-acylethanolamines intended for pain management. The Canadian Intellectual Property Office granted the patent, signaling a potential advancement in the approach to treating chronic pain amid...
BETHESDA, Md. - Liquidity Services (NASDAQ:LQDT), a global commerce company, announced today its partnership with RemArms, a prominent firearms manufacturer, to auction off more than 600 assets following the scheduled closure of RemArms\' historic manufacturing facility in Ilion, New York. The assets will be sold through a series of online auctions on AllSurplus.com, a leading...