Summary: BlackRock listed distributions per share for multiple funds with estimated sources of the distributions, including net income, net realized short-term gains, net realized long-term gains, and return of capital. The distributions are subject to change based on the discretion of each fund's Board of Directors/Trustees.
Full articleSummary: GE Aerospace is set to increase its component sourcing from India, boosting India's make-in-India initiative. This is in line with the company's plans to enhance its manufacturing facility in Pune and utilize the engineering talent in the country.
Full articleSummary: Bernstein Liebhard LLP reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit against Endava, plc for alleged Securities Exchange Act violations related to misrepresentations about demand for its services
Full articleSummary: Airtel Business and Cisco launched 'Airtel Software-Defined Branch', a cloud-based network solution for enterprises in India. The solution simplifies network management over multiple branch locations.
Full articleSummary: Zimmer Biomet Holdings, Inc. announced its participation in two healthcare conferences in September where its management team will present.
Full articleSummary: Salesforce reinforces its presence in Chandigarh and highlights Haryana as an active hub for the Salesforce Startup Community with over 20 startups. The company emphasizes its commitment to digitally transform India, focusing on AI and automation to revolutionize customer interactions and create business value. This move aligns with Salesforce's vision of contributing to a $1 trillion digital economy by 2030.
Full articleSummary: Benchmark Electronics (NYSE:BHE) is displaying promising trends in return on capital employed (ROCE) as it has shown a 70% growth over the last five years while maintaining roughly the same level of capital employed, indicating improved efficiencies. The stock has returned 76% to shareholders in the same period.
Full articleSummary: Lockheed Martin secures a $4.5 billion multi-year contract for its air defence Patriot Missiles system, with a focus on supporting Ukraine against Russia's invasion.
Full articleSummary: National Bank Holdings has experienced a significant increase in earnings per share (EPS) by 29% from US$2.71 to US$3.51, with a solid revenue growth of 21% to US$411m. The company's insiders are aligned with shareholders, owning shares worth US$33m. The CEO's total compensation package is below the median for similarly sized companies, indicating good alignment with ordinary shareholders.
Full articleSummary: Honeywell has acquired CAES, a radar and defense technology specialist formerly part of Cobham.
Full articleSummary: Key events scheduled for Tuesday, June 18th include U.S. retail sales data release, Boeing CEO testifying before a US Senate subcommittee, and KB Home reporting second quarter earnings.
Full articleSummary: USA cricketer Saurabh Netravalkar is receiving attention for his work-life balance and work culture at Oracle, with the company supporting his cricket passion alongside his tech career.
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