Wes Bush Northrop Grumman‘s (NYSE: NOC) board of directors has approved a plan to repurchase $4 billion of the company’s common stock with the goal of retiring nearly 25 percent of the company’s outstanding shares byBudget Year the end of 2015. Northrop has 235 million shares outstanding as of March 31 and will use available cash balances... 

BMC Software‘s (NASDAQ: BMC) board of directors has agreed to sell the company to a private investor group led byBudget Year Bain Capital and Golden State Capital for $6.9 billion cash, or $46.25 per share. The transaction is subject to approval from BMC shareholders and regulatory approvals and the company expects the transaction to close later... 

Harris Corp.’s (NYSE:HRSHazard Ranking System) board of directors has declared a quarterly dividend of 37 cents per share on the company’s common stock. The dividend is payable on June 14 to shareholders of record as of May 31, the company said Friday. The communications and information technology contractor declared a dividend of the same... 

Lockheed Martin‘s (NYSE: LMT) board of directors has approved a cash dividend of $1.15 per share for the second quarter of its 2013 fiscal year. The dividend is payable on June 28 to holders of record as of the close of business on June 3, the company said Thursday.  Read More »

Charlie Peters Red Hat‘s (NYSE: RHT) board of directors has approved a plan to buy back up to $300 million of its common stock as the company says itInformation Technology has completed a separate repurchase program, also priced at $300 million. The open source provider has $1.3 billion in cash and investments as of Feb. 28 and plans to fund the... 

Intel‘s (NASDAQ: INTC) board of directors has declared a quarterly dividend of 22.5 cents per share on the company’s common stock. The dividend is payable on June 1 to stockholders of record as of May 7, Intel said Thursday.  Read More »

Troy Clarke, formerly president and chief operating officer at Navistar International Corp. (NYSE: NAV), has been promoted to president and CEO and will also join the board of directors. The promotion is effective April 15 and he will succeed Lewis Campbell, executive chairman and interim CEO since August 2012, the company said Thursday. Clarke, a former... 

Harris Corp.’s (NYSE:HRSHazard Ranking System) board of directors has declared a quarterly cash dividend of 37 cents per share on the company’s common stock. The dividend is payable March 20 to shareholders of record as of March 7, 2013.  Read More »

ITT Exelis‘ (NYSE: XLS) board of directors has declared a cash dividend of 10.33 cents per share for the first quarter of its 2013 fiscal year. Shareholders of record as of March 15, 2013 will receive the payment April 1, the company said Thursday. The board has also scheduled the company’s 2013 annual shareholders’ meeting for 10:30 a.m. Eastern... 

Fluor Corp.’s (NYSE: FLR) board of directors has declared a quarterly cash dividend of 16 cents per share for the company’s common stock. The dividend is payable April 2, 2013, to shareholders of record as of March 4, 2013, the company said Wednesday.  Read More »