Northrop Grumman declares USD 1.45 quarterly dividend
Board of directors of Northrop Grumman Corporation (NYSE: NOC) has declared a USD 1.45 per share quarterly dividend on common stock, the company said.The dividend is payable Sept. 16, 2020,…
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Outsight strengthens position in spatial intelligence with appointment of new chief business officer
French startup Outsight has announced it has appointed Sébastien de la Bastie, Google´s former head of business EMEA, as chief business officer to position the firm as a leader in…
LATAM Airlines reduces 30% of employees since March due to COVID-19
Al Bawaba has reported South American air carrier LATAM Airlines has laid off almost 30% of its pre-coronavirus workforce, or 12,600 employees due to COVID-19´s impact on the travel industry,…
Keysight Technologies Revenue Growth Drives Strong Operating Margin, Cash Flow
Keysight Technologies, Inc. (NYSE: KEYS) has reported financial results for the third fiscal quarter of 2020 ended July 31, 2020, the company said.Orders were USD 1,067 million, compared with USD…
BOC Aviation clients resume deferred rental payments
Reuters has reported most of BOC Aviation´s (BOCA) airline clients are repaying delayed rentals, following deferrals of payments when the COVID-19 pandemic struck, the news source said.BOCA has completed repayment…
European Commission approves EUR 133m to support Açores SATA
Air transport SATA has announced the European Commission (EC) has approved EUR 133m in liquidity support to SATA Açores, the company said.The aid will allow the company to fulfill its…
Court Okays Frontier Communications Restructuring Plan
Frontier Communications Corporation (OTCMKTS: FTRCQ) has announced that the US Bankruptcy Court for the Southern District of New York has confirmed the Company´s Plan of Reorganization (the "Plan"), subject to…
HEICO acquires 89% share of Connect Tech
Electronic Technologies Group of Miami-based aerospace company HEICO Corp. has announced it has acquired 89.99% of Canada-based niche embedded computing company Connect Tech Inc. (CTI), the company said.CTI will be…
Bombardier closes USD 1bn senior secured credit facility
Bombardier (TSX: BBD.B) has announced the close of a three-year USD 1bn senior secured term loan facility with HPS Investment Partners, LLC, the company said.HPS is acting as administrative agent,…
Chapter 11 court approves DIP financing facility for Grupo Aeromexico
Grupo Aeroméxico, S.A.B. de C.V. (BMV: AEROMEX) has reported the US Bankruptcy Court for the Southern District of New York has approved Grupo Aeromexico´s DIP Financing Motion, the company said.The…
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