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Jon Cuthbert Profile pIcture
Jon Cuthbert

Jon Cuthbert

GrafaFounder & COO

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.

Articles by Jon Cuthbert

Grafa
Technology

Dana completes $2.7B Off-Highway divestiture to Allison Transmission

Maumee, Ohio-based Dana (NYSE:DAN) said Friday it completed the previously announced sale of its Off-Highway business to Allison Transmission (NYSE:ALSN) Holdings for $2.7 billion, effective Jan. 2.

The transaction was valued at 7.5 times the unit's projected 2025 adjusted EBITDA.

Read more: Dana completes $2.7B Off-Highway divestiture to Allison Transmission
Grafa

Johnson & Johnson declares quarterly dividend of $1.30 a share

New Brunswick, New Jersey-based Johnson & Johnson (NYSE:JNJ) said Friday that its board declared a cash dividend of $1.30 per share for the first quarter of 2026.

The dividend is payable March 10 to shareholders of record at the close of business on Feb. 24, with an ex-dividend date of Feb. 24.

Read more: Johnson & Johnson declares quarterly dividend of $1.30 a share