Caterpillar to sponsor English rugby union club Construction giant Caterpillar Inc. will sponsor the English rugby union club Leicester Tigers in a five-year deal worth about 6 million pounds ($11.8 million). 27 May 2008
362.
MTS Systems sets quarterly dividend of 15 cents MTS Systems Corp. said its board declared a regular quarterly dividend of 15 cents. The testing systems and position sensors maker said the dividend is payable July 1 to shareholders of record June 13. 27 May 2008
363.
Opening Glance: Staffing stocks rise Shares of staffing companies rose on Tuesday, after the Commerce Department reported a gain in new home sales in April. The government said home sales rose for the first time in six months, but the surprising increase was still near the lowest level in 17 years for the housing market, which has faced tumbling prices and rising mortgage foreclosures. 27 May 2008
364.
Opening Glance: Aerospace and defense stocks rise Shares of aerospace and defense companies moved up Tuesday as the market got a boost from a report showing an increase in new home sales. According to the Commerce Department, new home sales rose 3.3 percent in April, the first gain in six months. 27 May 2008
365.
Opening Glance: Construction, engineering slip Shares of construction and engineering companies opened mostly lower Tuesday following a closely watched report that said home prices fell sharply in the first quarter. 27 May 2008
366.
Opening Glance: Rails, shippers up as oil eases Shares of railroads and shippers rose in early trading Tuesday, as oil prices eased below $130 a barrel and the broader market edged higher. Shares of FedEx Corp. also jumped ahead of DHL's expected announcement Wednesday on the future of its U.S. Express operations. FedEx is reportedly in talks to buy the ailing unit. 27 May 2008
367.
CSX urges holders to support board in proxy fight CSX Corp. urged its shareholders on Tuesday to support the railroad operator's board and said two hedge funds seeking to elect their own minority slate have made misleading statements about the company. 27 May 2008
368.
Lockheed Martin completes Army radar review Lockheed Martin Corp. said Tuesday it completed a review of a new Army radar, allowing for the startup of an initial production phase for five systems. 27 May 2008
369.
Knight Transportation increases quarterly dividend Trucking company Knight Transportation Inc. said Tuesday its board has increased its quarterly dividend to 4 cents from 3 cents. The dividend is payable on June 27 to shareholders of record as of June 6. 27 May 2008
370.
Cognex lawsuit claims MvTec infringed 7 patents Cognex Corp., which makes vision sensors used by manufacturers, said Tuesday it filed a lawsuit against MvTec Software GmbH and its U.S. subsidiary alleging that MvTec's Halcon machine vision software infringes on at least seven Cognex patents. 27 May 2008