05:31 PM EDT, 05/13/2024 (MT Newswires) -- Stampede Drilling ( STPDF ) Monday said its first-quarter profit rose to a record on higher revenue. The oilfield-services company said it earned $4.9 million or C$0.02 per share, in the period, up 31% from $3.77 million, or C$0.02, in the year-prior quarter. The increase was primarily related to increased operating days and...

05:34 PM EDT, 05/13/2024 (MT Newswires) -- American Electric Power ( AEP ) said Monday it is keeping its retail energy business, AEP Energy, while disposing of its distributed resources business in a deal expected to raise roughly $315 million in cash after taxes and transaction fees. The company said it agreed to sell its AEP OnSite Partners unit to...

05:32 PM EDT, 05/13/2024 (MT Newswires) -- Terran Orbital ( LLAP ) has been selected by Lockheed Martin ( LMT ) to produce 18 satellite buses for the Space Development Agency's tranche 2 tracking layer, Terran said Monday. Financial details of the deal weren't disclosed. Lockheed Martin ( LMT ) will provide the Space Development Agency with 16 missile warning/missile...

05:32 PM EDT, 05/13/2024 (MT Newswires) -- Taiga Motors ( TAIMF ) , an electric off-road vehicle manufacturer, said Monday it is expanding its footprint across Scandinavia with the delivery of additional Nomad electric snowmobiles to its key customers SkiStar and Motorbutiken Klovsjo. In addition, Taiga is continuing its expansion in the European market with snowmobile deliveries at French and...