Latest News

Statoil ASA Awards Long-Term Contracts

Statoil ASA Awards Long-Term Contracts

June 28, 2017 at 3:40 pm 0 comments

Statoil ASA said Wednesday it is awarding contracts to five ship owners, covering seven supply vessels at a total contract value of NOK3.1 billion, or about $367.8 million, including options. The company said four of the contracts have a duration of five years, plus five one-year extension options. Three of the contracts have a duration of three years, plus threeRead More

Medtronic Board Okays Jump in Quarterly Cash Dividend

Medtronic Board Okays Jump in Quarterly Cash Dividend

June 23, 2017 at 2:45 pm 0 comments

Medtronic said early Friday the company’s board raised its quarterly cash dividend by 7%, increasing its payout for the 40th consecutive year, and authorized a $5 billion share repurchase program. The board set out a dividend of $0.46 per share, payable July 26 to shareholders of record as at July 7, according to a statement. Including Friday’s increase, Medtronic’s dividendRead More

Glu Partners With WWE

Glu Partners With WWE

June 20, 2017 at 7:07 pm 0 comments

Glu Mobile, a developer and publisher of free-to-play mobile games, said pre-market Tuesday it has struck a multi-year agreement with World Wrestling Entertainment (WWE) to develop a mobile game featuring WWE Superstars, logos and marks. Glu said its WWE title will include simple, one-touch gameplay mechanics with deep meta game features. The project will use the names and likenesses ofRead More

Coach Price Target Raised by RBC

Coach Price Target Raised by RBC

June 15, 2017 at 1:50 pm 0 comments

Coach received a price-target increase Thursday from RBC Capital Markets, which highlighted signs of improving health in the North America handbag market at a time when the accessories company is expanding via the pending acquisition of Kate Spade (KATE). The new price target is $50 per share, up from $45. The boost bring the target above the stock’s Wednesday closingRead More