The share repurchase in its entirety represents a little more than 7.5 percent of the company’s outstanding common shares.
The retail giant’s U.S. same-store sales were up 3.4 percent, its highest first-quarter results in nine years and fourth consecutive quarter over 3 percent.
Werner announced a special cash dividend of $3.75. WERN’s last special dividend was $1.50 per share in 2012.
Navistar was up 3 percent on Monday, May 13, 2019 and is up more than 8 percent in Tuesday’s trading.
When Paul Svindland took over as CEO of Celadon Group (OTCPink: CGIP) in the summer of 2017, he was stepping into an operation that had been riddled with financial concerns following the company’s auditors, BKD LLP, stating that Celadon’s financials “should no longer be relied upon.” Since that time, Svindland and the management team surrounding […]
Long thought of as a global exchange company for buying and selling securities, Nasdaq has used its marketplace expertise and technology knowhow to leverage itself into a partner and provider for market structure, exchange and settlement guidance for markets of all types. Scott Shechtman, Head of New Markets and President of Longitude at Nasdaq, was […]
At the same time Wall Street investors are shunning ship owners, European banks are pulling back on providing debt to ocean shipping. What are the short- and long-term implications for freight markets?
Uber released its S-1 filing after the market close, placing in on track to go public with its anticipated May IPO.
A U.S. trustee has asked the U.S. Bankruptcy Court to appoint a Chapter 11 trustee to oversee the operations of IPS Worldwide.
