Month: December 2012

According to Jacksonville Business Journal , Lynn, Massachusetts-based General Electric Company ( GE ) announced that it has won an award from the U.S. Naval Supply Systems Command Weapon Systems Support, Philadelphia, for $265 million. […]

Wisconsin Energy Corporation ( WEC ) has intended to increase its quarterly dividend by 13.3% to 34 cents per share from prior-year payment of 30 cents per share. This dividend increase is effective from the first quarter of 2013 and will likely be payable on March 1, 2013 to shareholders of record as of February 14, 2013. As a result of this revision, Wisconsin Energy is bringing its annualized dividend to $1.36 per share from the previous payout of $1.20 per share. […]

Lincoln Electric Holdings Inc. ( LECO ) maintained its trend of raising its dividend annually, by announcing a 17.6% (3 cents) hike in its quarterly dividend to 20 cents from the prior dividend of 17 cents. The increased dividend will be paid on December 28, 2012, to stockholders of record on December 17, 2012 […]

VeriSign, Inc. ( VRSN ) recently announced that the board of directors has authorized share repurchase worth approximately $458.8 million. This program is in addition to approximately $541.2 million remaining under the previous 2010 Share Buyback Program […]

Bethesda, Maryland-based RLJ Lodging Trust ( RLJ ) , a real estate investment trust (REIT), recently inked a purchase and sale deal for the acquisition of Hilton Cabana Miami Beach for $71.6 million. With this acquisition of the top-class property, RLJ Lodging is set to debut in Miami. […]

SIRIUS XM Radio Inc. ( SIRI ), the largest commercial satellite-radio service operator in the U.S., has decided to enhance its shareholders’ wealth. Yesterday, the Board of Directors of SIRIUS XM has approved a $2 billion common stock repurchase program […]

General Motors Company ( GM ) plans to expand its dealerships in Indonesia and Thailand in order to tap growth opportunities in the two markets with rising income levels. The company’s head of Southeast Asian operations, Martin Apfel, revealed that the company plans to increase the number of dealerships to 55 from 35 in Indonesia and to 120 from 91 Thailand by the end of 2013. […]

Evendale-based GE Aviation, an operating unit of General Electric Co. ( GE ), will benefit from an order by Delta Air Lines Inc. ( DAL ) for 40 Bombardier Aerospace CRJ900 regional airplanes powered by CF34 engines made by GE Aviation […]

Alliant Techsystems Inc. ( ATK ) has received a 5-year Indefinite Delivery/Indefinite Quantity (“IDIQ”) contract, worth maximum $84.1 million, from the U.S. […]

Texas-based, Noble Energy Inc. ( NBL ) revised its outlook for the fourth quarter 2012 and provided guidance for capital outlay for 2013. […]