Mercury Systems appoints Howard Lance and Bill Ballhaus to Board of Directors Enters into cooperation agreements with Jana Partners and Starboard Value ANDOVER, Mass., June 24, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (“Mercury” or the “Company”), (NASDAQ: MRCY, ), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced that Howard Lance, Former Chief Executive Officer of Maxar Technologies, and Bill Ballhaus, Former Chairman and Chief Executive Officer of Blackboard, have been appointed to the Mercury Board of Directors, effective imme...
Andrew Asch Appointed General Counsel at Encore Capital Group SAN DIEGO, June 23, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that Andrew Asch will be promoted to the role of Senior Vice President, General Counsel effective August 15, 2022. Asch has been with the company since 2010 and currently serves as Senior Vice President, General Counsel of Encore’s subsidiary Midland Credit Management (MCM). He will report to Encore’s President and CEO, Ashish Masih, and serve on Encore’s Executive Leadership Team. ...
Today, we publish the third part of our research series, in which we update thoroughly our 5-year outlook for semicap equipment spending. In the first part, we investigated how the move to Gate All Around, the introduction of high-NA EUV and the slowdown in geometric scaling affect the profile of wafer fab equipment (WFE) spending. In the second part, we looked into how much growth in WFE spending we should expect between now and the next cycle peak, in 5-6 years. In today’s report, we focus on ...
Moody's Investors Service ("Moody's") affirmed existing ratings and assigned an A2 rating to the proposed senior unsecured notes of KLA Corporation (KLA). The proceeds of the proposed issuance are to repurchase shares and for general corporate purposes. The outlook is stable. Moody's Richard Lane ...
Mercury’s data recorder to help monitor global warming Company selected by Ball Aerospace for methane emissions monitoring program ANDOVER, Mass., June 21, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, ), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it was selected by Ball Aerospace to enhance the data recording and storage performance for MethaneSAT, the methane monitoring satellite being developed by a subsidiary of the non-profit Environmental Defense Fund. With MethaneSAT, nations and companies will be able to ident...
Moody's Investors Service ("Moody's") affirmed existing ratings and assigned an A2 rating to the proposed senior unsecured notes of KLA Corporation (KLA). The proceeds of the proposed issuance are to repurchase shares and for general corporate purposes. The outlook is stable. Moody's Richard Lane ...
DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE:PXD) today announced that Chief Executive Officer, Scott Sheffield, will present at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 22, at 3:05 p.m. ET. The live presentation will be available to the public via webcast - . A few days after the presentation, access to an archived version of the webcast will be available by visiting Pioneer’s website at , selecting ‘Investors,’ and then selecting ‘Earnings & Webcasts.’ Pioneer is a large independent oil and gas exploration and production company, headqua...
Diamondback Energy, Inc. Announces Further Enhancement To Its Capital Return Program And Intention To Increase Base Dividend MIDLAND, Texas, June 21, 2022 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced the next step in its return of capital program. Beginning in the third quarter of 2022, the Company’s Board of Directors has approved an increase to its return of capital commitment to at least 75% of Free Cash Flow (as defined below), from its previous commitment of at least 50% of Free Cash Flow. Additionally, the Company toda...
Today, we publish the second part of our research series, in which we update thoroughly our 5-year outlook for semicap equipment spending. In the first part, we investigated how the move to Gate All Around, the introduction of high-NA EUV and the slowdown in geometric scaling affect the profile of wafer fab equipment (WFE) spending. Today, we look into the growth in WFE spending we should expect between now and the next cycle peak, in 5-6 years.
Mercury's ultra-compact tuners help counter adversarial threats Purpose-built modules smaller than stack of credit cards enable mission-critical signals intelligence ANDOVER, Mass., June 16, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, ), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced a new family of low-power, ultra-compact tuner modules purpose-built to support customers’ spectrum processing applications such as signals intelligence (SIGINT), direction finding (DF) and test and measurement. The high-performance des...
National Safety Council and Pacira BioSciences Partner to Launch an Employee-Based Program Focused on Opioid Use and Misuse Initiative educates employees and their family members on the importance of preventing opioid misuse and addiction TAMPA, Fla. and ITASCA, Ill., June 16, 2022 (GLOBE NEWSWIRE) -- The National Safety Council, America’s leading nonprofit safety advocate, and Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today announced the launch of their partnership and the Connect2Prev...
Applied Materials Broadens its Technology Portfolio for Specialty Chips with Acquisition of Picosun Picosun’s atomic layer deposition technology expands the capabilities of Applied’s ICAPS group, addressing the growing need for innovation in semiconductors that serve the IoT, Communications, Automotive, Power and Sensor markets SANTA CLARA, Calif., June 16, 2022 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced it has acquired Picosun Oy, a privately held semiconductor equipment company based in Espoo, Finland. Picosun is an innovator in atomic layer deposition (ALD) technology...
WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively "Customers" or "CUBI"), today issued a mid-quarter financial update highlighting the following: Management expects to meet or beat guidance of $4.75-$5.00 Core EPS (excluding PPP) for full year 2022 Tangible book value per share is expected to exceed $40 by year-end 2022 Return on common equity is expected to be greater than 17% for full year 2022 Credit trends continue to remain stable with no notable credit deterioration despite the economic tightening NPL...
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