Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CSX Announces Increase to Quarterly Dividend
CSX CorporationFebruary 10, 2021 GMT
JACKSONVILLE, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) CSX Corp. (NASDAQ: CSX) today announced that the Company’s Board of Directors has authorized an 8 percent increase in its quarterly dividend, from $0.26 to $0.28 per share. The new $0.28 quarterly dividend is payable on March 15, 2021 to shareholders of record at the close of business on February 26, 2021.
About CSX and its Disclosures
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects ev
Press release content from Business Wire. The AP news staff was not involved in its creation.
Babcock & Wilcox Enterprises Announces Pricing of $155 Million Offerings of Senior Notes Due 2026
February 11, 2021 GMT
AKRON, Ohio (BUSINESS WIRE) Feb 10, 2021
Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE: BW) announced that on February 10, 2021 it priced an underwritten public offering of $120 million aggregate principal amount of 8.125% senior notes due 2026. B&W has granted the underwriters a 30-day option to purchase up to an additional $5 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on February 12, 2021, subject to customary closing conditions.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
EnerSys Reports Third Quarter Fiscal 2021 Results
EnerSysFebruary 10, 2021 GMT
READING, Pa., Feb. 10, 2021 (GLOBE NEWSWIRE) EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today results for its third quarter of fiscal 2021, which ended on January 3, 2021.
Third Quarter FY 21 Highlights
Net sales of $751M up 6% sequentially
Gross Profit Margins steady at 25%
Operating Expenses remain flexed
Operating earnings up YOY
TPPL High Speed line in production
Key Results from Operations by Segments ($ in millions)
Message from the CEO
I remain humbled by our employees’ ability to deliver in these challenging times. We have continued to make excellent progress on our strategic initiatives and demand remained strong in our third quarter. Our as-adjusted $1.27 third quarter EPS benefited approximately $0.10 from our claim
Press release content from Business Wire. The AP news staff was not involved in its creation.
Lineas Chooses Hewlett Packard Enterprise to Transform Freight Operations and Support Business Growth
February 11, 2021 GMT
BRUSSELS (BUSINESS WIRE) Feb 11, 2021
Hewlett Packard Enterprise (HPE) today announced that Lineas, the largest private rail freight operator in Europe, has selected HPE to provide next-generation IT infrastructure in an as-a-service model to support their transformation from a conventional freight company into a high-performing, efficient and sustainable transport system for the European logistics industry. The HPE Nimble Storage dHCI solution, delivered with HPE GreenLake, provides Lineas with an agile and easy to manage platform that enables the company to respond to its customers’ needs for increased delivery quality and faster IT resource deployment.