Unit Corporation (UNTC)
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Strength in Connected Devices Unit Drives Axon: Can the Momentum Sustain?
AXON's Connected Devices segment surges 26.1% in Q1 2025, fueled by strong TASER 10 and Axon Body 4 demand.
Lockheed's Unit Secures a Contract to Support the AEGIS Combat System
LMT's $92.2M Navy contract will enhance AEGIS sustainment, field new capabilities and boost integrated defense tech.
Will Arista's VeloCloud Buyout to Boost SD-WAN Unit Aid ANET Stock?
ANET's VeloCloud buyout adds 20K clients and proven SD-WAN tech, boosting its edge in secure cloud networking.
Does J&J's Innovative Medicine Unit Hold the Key to Q2 Sales Growth?
JNJ is banking on Darzalex, Tremfya and new drugs to offset Stelara's LOE and Part D headwinds in Q2 Innovative Medicine sales.
Meta Announces Formation of 'Superintelligence' Unit Amid AI Recruiting Push
Meta Platforms (META) informed employees on Monday of the creation of a new unit inside the Facebook and Instagram parent following an expensive recruiting push to ramp up Meta's artificial intelligence development.
Meta's Recent AI Hires to Lead New ‘Superintelligence Labs' Unit
Meta CEO Mark Zuckerberg reportedly told company staff Monday (June 30) that he is creating a new artificial intelligence (AI) business unit called Meta Superintelligence Labs that will be led by some of the company's most recent hires.
Mark Zuckerberg Announces New Meta ‘Superintelligence Labs' Unit
Alexandr Wang will be the chief AI officer, and Nat Friedman will lead the company's work on AI products.
Unit Corporation: Increased Oil Production In Q1 2025
Unit appears capable of maintaining its current $1.25 per share dividend while modestly increasing its cash position during 2025. It has been participating in more non-operated wells, increasing its capex and oil production levels. Drilling division still has 12 rigs in use although Permian rig counts have been trending lower overall.
3M's Transportation and Electronics Unit Grows in Q1: A Durable Trend?
MMM's Transportation and Electronics segment posts modest growth in Q1, powered by the transportation and aerospace end markets.
Eni & Its Plastics Unit Novamont Face 32M Euro Market Abuse Fine
E and Novamont have been fined over 32 million euros by Italy's antitrust watchdog for abusing market dominance in bioplastics.
Can Momentum in QNX Unit Fuel BlackBerry's Top-Line Growth?
BB's QNX unit sees strong demand in auto tech, but forecasts a sequential revenue dip amid sector volatility.
Encompass Health Plans a 50-Bed Unit to Better Serve North Las Vegas
EHC unveils plans for a 50-bed rehabilitation hospital in North Las Vegas, bringing improved health outcomes to the region's residents and further solidifying its Nevada footprint.
