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V2X Appoints Jeremy Wensinger To Succeed Chuck Prow As President And CEO
(RTTNews) - V2X, Inc. (VVX), a leading provider of global mission solutions, announced Monday that Jeremy Wensinger has been appointed President, Chief Executive Officer and a member of the company's Board of Directors, effective as of June 17, 2024. Wensinger is succeeding Chuck Prow.
The appointment is the result of a thorough Board-led succession planning process designed to ensure a smooth transition and continue V2X's positive business momentum.
Wensinger has had a highly distinguished 35-year career as a defense and government services industry executive. He most recently served as Chief Operating Officer of Peraton Inc. He previously served in various leadership roles at Harris Corp., Cobham PLC, and PAE Government Services, Inc.
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V2X Granted $3.7 Bln Task Order To Lead Next-Gen Readiness And Training For U.S. Army
V2X, Inc. (VVX) announced Wednesday that its was granted a $3.7 billion five-year mission critical contract to provide readiness capabilities to the U.S. Army worldwide under the Warfighter-Training Readiness Solutions (W-TRS) task order.
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V2X Awarded Position With U.S. Air Force On Training Systems Acquisition IV Program
V2X, Inc. (VVX) announced Wednesday it was awarded a position on the Training Systems Acquisition IV (TSA IV) program with the United States Air Force.
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Canadian Market Advances; Cameco, Celestica Up Sharply
The Canadian market is up in positive territory around late morning on Tuesday thanks to gains in technology stocks. Energy stocks are weak, weighed down by a sharp drop in crude oil prices.
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U.S. Consumer Confidence Edges Modestly Lower In October
Consumer confidence in the U.S. saw a modest deterioration in the month of October, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index dipped to 94.6 in October from an upwardly revised 95.6 in September.
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PayPal Lifts FY25 Outlook Above Market, Teams With OpenAI; Stock Up
Shares of PayPal Holdings, Inc. were gaining around 15 percent in the pre-market activity on the Nasdaq, after the company issued earnings forecast for its fourth quarter expecting year-over-year growth, and raised fiscal 2025 outlook above the market estimates. The payment technology major also initiated quarterly cash dividend after reporting higher third-quarter results above market.
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Falling Commodity Prices Likely To Weigh On Canadian Market At Open
Canadian market is likely to open on a negative note Tuesday morning, weighed down by falling crude oil and gold prices.
The mood is likely to remain cautious ahead of the monetary policy announcements from the Bank of Canada and the Federal Reserve on Wednesday.
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German GfK Consumer Sentiment To Continue Falling On Weak Income Expectations
German consumer confidence is likely to continue its downward trend in November on weaker income expectations, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Tuesday. The forward-looking consumer climate indicator fell unexpectedly to -24.1 in November from revised -22.5 in October. The score was expected to improve to -22.0.
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UPS Sees Q4 Revenues Above Street As Q3 Beats Market, Despite A Fall; Stock Gains
Shares of United Parcel Service Inc. were gaining around 9 percent in the pre-market activity on Tuesday after the logistics major issued fourth-quarter outlook for revenues above market estimates after the third-quarter adjusted earnings and top line beat the Street. On a reported basis, third-quarter earnings were down mainly as revenues were hit by weak results in U.S. Domestic and Supply Chain
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