Unit Corporation (UNTC)
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Why Rivian Spun Off a Unit Nobody Knew Existed
It's not at all unusual for a company to spin off a segment of its business: Such events happen all the time. But what's much more rare is when a company spins off a segment of its business that investors didn't know existed in the first place.
Middlesex Water's Unit Acquires the Water Assets of TOV for $4.6M
MSEX's unit acquires water assets of the Town of Ocean View for $4.6 million. This deal will expand its operation in Delaware.
Strong RevPAR & Unit Expansion Efforts Aid Hyatt, Macro Woes Ail
H's focus on its loyalty program and strategic acquisitions bodes well. However, a volatile macroeconomic environment is a concern.
Black Hills' Unit Receives Approval for Rate Hike in Colorado
BKH's subsidiary receives new rate approval from the Colorado Public Utilities Commission. This should help BKH serve customers more efficiently.
Lockheed's Unit Secures a Contract to Aid Integrated Combat System
LMT's unit, Rotary and Mission Systems, secures a $35.4 million modification contract involving the Integrated Combat System.
Lockheed's Unit Secures a Contract to Aid AEGIS Weapon System
LMT's unit, Rotary and Mission Systems, secures a modification contract involving the AEGIS weapon system.
American Water Unit Invests $675M in 2024 to Upgrade Infrastructure
AWK continues to invest in upgrading and maintaining its infrastructure and provides high-quality services to its expanding customer base.
DuPont Names CEO of Electronics Unit to Be Spun Off
Two months after deciding to change its plans to split in three, DuPont (DD) on Monday announced who would be heading up the unit that is expected to be spun off on Nov. 1.
BB's QNX Unit Unveils FuSa Platform for Advanced Robotics & Safety
BlackBerry's QNX division, with Intel and NexCOBOT, introduces a cutting-edge Functional Safety platform for advanced robotic systems.
Strong RevPAR & Unit Expansion Efforts Aid Hilton, Macro Woes Ail
HLT continues to drive expansion in key markets, leveraging strategic partnerships and brand growth initiatives. Yet, a macro slowdown in China is a concern.
Daimler Truck to Cut Costs at Mercedes-Benz Trucks Unit After Earnings Decline
The trucks and buses manufacturer said it aims to achieve more than €1 billion in savings after posting a decline in fourth-quarter earnings on weak European demand.
Murphy Oil Unit Acquires an FPSO for $125M in the Gulf of America
MUR's unit acquires an FPSO in the Gulf of America, which will assist its future expansion of offshore production in the region.
