Mantech International president exercises options The president and chief operating officer of military contractor Mantech International Inc. exercised options for 93,000 shares of common stock, according to two Securities and Exchange Commission filings Friday. 02 Jun 2008
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SPX sets quarterly dividend of 25 cents SPX Corp. said its board declared a regular quarterly dividend of 25 cents. The company, which makes industrial products, pumps and cooling towers, said the dividend is payable July 2 to shareholders of record June 16. 02 Jun 2008
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WWE chairman promotes `Raw' with $1M giveaway Wrestling fans eager to get their hands on Vince McMahon's money will have to jump through a few hoops first. The World Wrestling Entertainment chairman announced during last week's "Monday Night Raw" that he would give away $1 million of his own wealth to viewers, but he didn't specify when or how it would be distributed. 02 Jun 2008
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Cummins plans summer layoffs at Indiana plant Diesel engine maker Cummins Inc. plans to temporarily trim 125 workers from its midrange engine plant in central Indiana's Bartholomew County because of decreased demand for Dodge Ram pickup trucks. 02 Jun 2008
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Barnes Group CFO William Denninger retires Barnes Group Inc. Chief Financial Officer William C. Denninger has retired to spend more time with his family, the aerospace and industrial components manufacturer said Monday. 02 Jun 2008
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Opening Glance: Health care stocks decline Shares of health care providers and service companies traded lower Monday morning as stocks declined following a report on construction in May. The Institute for Supply Management reported that construction activity rose slightly in May, but the sector still shrank by a small amount. 02 Jun 2008
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Opening Glance: Aerospace and defense stocks slide Shares of aerospace and defense companies declined Monday morning after a trade group reported that its manufacturing index improved slightly in May but that the sector still shrank overall. 02 Jun 2008
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MeadWestvaco sells specialty paper mill MeadWestvaco Corp., which makes packaging, consumer and office products, said Monday it agreed to sell one of its specialty papers cedar mills to Potsdam Specialty Paper Inc. 02 Jun 2008
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Opening Glance: Electrical equipment declines Shares of electrical equipment companies opened mostly lower on Monday after the Institute for Supply Management reported that manufacturing activity declined in May for the fourth straight month, although the downturn was not as severe as analysts were expecting. 02 Jun 2008
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Opening Glance: Heavy construction opens mixed Shares of heavy construction and engineering companies started mixed on Monday after the government reported construction activity declined in April, but nonresidential activity showed strength. 02 Jun 2008