The industrial toolmaker increased its quarterly payout to $0.84 per share, but a more than 25% year-to-date stock gain has pushed its forward dividend yield down to approximately 3.57%.
A U.S. federal judge has rejected Chobani's bid to throw out a lawsuit from rival Danone, which alleges Chobani copied the packaging and slogan of its SToK coffee brand for its La Colombe line.
Brazil's benchmark Bovespa index closed higher on Monday, lifted by gains in real estate and industrial stocks, even as a sharp decline in crude oil prices weighed on major energy companies.
CEO Elon Musk's comments on a recent earnings call have intensified speculation about a merger between Tesla and SpaceX, with analysts citing strategic logic and financial incentives for a potential deal.
U.S. stocks finished Monday with a divided performance, as the Dow Jones Industrial Average rose 0.51% while weakness in major technology shares pulled the Nasdaq Composite down 0.18%.
The Federal Aviation Administration slowed flights at four major Northeast airports, citing severe weather and persistent air traffic control staffing shortages. The move has led to widespread cancellations and significant ground delays for travelers.
The electronic design automation firm reported second-quarter earnings and revenue that surpassed analyst estimates and significantly lifted its financial guidance for the full year, citing strong AI-related demand.
Cadence Design Systems raised its 2026 revenue and profit outlook, citing strong demand for its electronic design automation (EDA) software amid the artificial intelligence boom. The company's shares rose over 5% in extended trading on the news.
Wolfe Research anticipates both Ashland and International Flavors & Fragrances will issue stable fiscal 2026 guidance, though the firm highlights headwinds from rising costs and shifting consumer behavior across key end-markets.
