The Latest Breaking News from Board of Directors

Amid rising raw material costs, supply chain constraints, and labor shortages, the engineering and construction industry took a hit over the past few months. However, with a steady increase in spending across the construction sector and rising federal investments, the industry is expected to rebound soon. Given this growth prospect,…

SeaWorld Entertainment Inc (NYSE:SEAS) said its Board of Directors approved a $250.0 million share repurchase program. Under the program, the company is authorized to repurchase shares through open market purchases, privately-negotiated transactions, or otherwise. During 1Q22, the company repurchased 1.5 million shares, and subsequent to March 31, 2022, it repurchased an additional 2.0 million…

The Board of Directors of "NEOM Green Hydrogen Company" (NGHC) has appointed David Edmondson as CEO of the company, which was recently launched as part of NEOM’s subsidiaries to contribute to the implementation of NEOM's strategic plans that reflect its comprehensiveness and future vision. NGHC is a joint venture between…

Manny Villar, a billioniare, is behind an effort to privatize water supplies throughout the Philippines with the company Primewater Incoporated. Citizens, unions, and political leaders are organizing against it.

Abu Dhabi Ports Group and Egypt's Red Sea Ports Authority have signed a term sheet and a head of terms agreement for the development of major port projects along Egypt's coast. The Abu Dhabi entity will develop, operate, and manage a multi-purpose terminal in Safaga Port in a consortium with…

While the resurgence of COVID-19 cases is a significant concern, the hotel industry enjoys substantial investor attention because of increasing consumer spending and pent-up leisure travel demand with the upcoming summer vacations. So, it could be wise to scoop up the shares of fundamentally strong hotel stocks Travel + Leisure…

Cenovus Energy Inc (NYSE:CVE) (TSX:CVE) reported a first-quarter basic EPS of C$0.81 compared to C$0.10 in 1Q21. Q1 total revenues increased to C$16.2 billion from C$13.7 billion in the previous quarter, driven by higher average realized sales prices for the company's products across the Upstream and Downstream businesses. The total operating margin was…

Garmin Ltd (NYSE:GRMN) reported first-quarter FY22 revenue growth of 9% year-on-year to $1.17 billion, beating the consensus of $1.12 billion. Revenue from Fitness declined 28% Y/Y to $220.9 million, Outdoor rose 50% Y/Y to $384.6 million, Aviation improved 1% Y/Y to $174.8 million, Marine jumped 21% Y/Y to $254.1 million, and Auto sales…

With reports indicating that the sale of Twitter Inc (NYSE: TWTR) to Tesla Inc (NASDAQ: