The Latest Breaking News from NYSE

Ryder System, Inc. (NYSE:R) opened a third multiclient omnichannel distribution center in Columbus, Ohio. The center is ~440,000 square feet and is the largest Ryder e-commerce distribution center in the Columbus area. "This latest expansion aligns with our broader strategy to get ever-closer to the end consumer to continually improve our customers'…

Knight-Swift Transportation Holdings Inc (NYSE:KNX) board approved the repurchase of up to $350 million of its outstanding common stock. KNX terminated its previous $250 million repurchase plan. Under the previous plan, Knight-Swift purchased ~$207.2 million or 4.2 million shares, leaving less than $42.8 million in remaining purchase authorization upon termination. KNX also…

Maxar Technologies Inc (NYSE:MAXR) (TSX:MAXR) has secured U.S. Government mission support contracts in Q1 2022 worth up to $202 million over a six-year period. The total includes 27 awards across nine U.S. government customers. Work includes artificial intelligence and machine learning applications, advanced data analytics, software development, data conditioning, geospatial production and dissemination,…

Otis Worldwide Corp (NYSE:OTIS) reported first-quarter FY22 sales growth of 0.2% year-over-year to $3.414 billion, +3.1% on an organic basis, missing the consensus of $3.43 billion. New Equipment sales of $1.42 billion (-2.5% Y/Y), -0.5% organic. New Equipment orders were up 8.8% at constant currency, with growth in all regions. Backlog increased…