Huntington Ingalls Industries, Inc. engages in designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S. Navy and U.S. Coast Guard. It also provides nuclear-powered ships, such as aircraft carriers and submarines, as well as refueling and overhaul, and inactivation services of ships. In addition, the company offers naval nuclear support services, including fleet services comprising design, construction, maintenance, and disposal activities for in service the U.S. Navy nuclear ships; and maintenance services on nuclear reactor prototypes. Further, it provides life-cycle sustainment services to the U.S. Navy fleet and other maritime customers; high-end information technology and mission-based solutions for Department of Defense (DoD), intelligence, and federal civilian customers; nuclear management and operations and environmental management services for the Department of Energy, DoD, state and local governments, and private sector companies; defense and federal solutions; and unmanned systems. Huntington Ingalls Industries, Inc. was founded in 1886 and is headquartered in Newport News, Virginia.
IPO Year:
Exchange: NYSE
Website: huntingtoningalls.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/1/2024 | $210.00 | Overweight → Neutral | Alembic Global Advisors |
11/1/2024 | $180.00 | Buy → Hold | TD Cowen |
10/10/2024 | Outperform → Peer Perform | Wolfe Research | |
10/10/2024 | $275.00 | Buy → Hold | Vertical Research |
9/9/2024 | $280.00 → $285.00 | Overweight → Neutral | JP Morgan |
5/20/2024 | $310.00 | Buy | Citigroup |
1/5/2024 | $250.00 → $280.00 | Overweight → Equal Weight | Barclays |
9/28/2023 | $250.00 → $247.00 | Neutral → Overweight | JP Morgan |
9/28/2023 | $217.00 | Hold | Deutsche Bank |
12/8/2022 | $270.00 | Equal Weight → Overweight | Barclays |
3 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
3 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
8-K - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
424B5 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
FWP - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
424B5 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
8-K - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
10-Q - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
8-K - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
305B2 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
8-K - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
10-Q - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, payable on March 14, 2025, to shareholders of record as of the close of business on Feb. 28, 2025. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities ex
NEWPORT NEWS, Va., Jan. 16, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) will release its fourth quarter 2024 financial results on Thursday, Feb. 6 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: https://www.hii.com/ HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time. About HII HII is a global, all-
NEWPORT NEWS, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook. Highlights Third quarter revenues were $2.7 billionThird quarter net earnings were $101 million or $2.56 diluted earnings per shareThird quarter free cash flow1 was $136 millionCompany is providing updated fiscal 2024 outlookCompany is withdrawing 5-year free cash flow1 outlook Third Quarter Results Third quarter 2024 revenues of $2.7 billion were down 2.4% from the third quarter of 2023, driven by lower volume at Ingalls Shipbuilding and Newport News Shipbuilding, partially offset by growth at Mission Technologies. Oper
NEWPORT NEWS, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, a $0.05 increase over the $1.30 per share dividend paid in each of the prior four quarters. The $1.35 per share dividend will be payable on Dec. 13, 2024, to shareholders of record as of the close of business on Nov. 29, 2024. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuild
NEWPORT NEWS, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) will release its third quarter 2024 financial results on Thursday, Oct. 31 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: https://www.hii.com/. HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time. About HII
Record second quarter revenues of $3.0 billion, up 6.8% compared to second quarter 2023Operating income of $189 million, up 21.2% compared to second quarter 2023Net earnings of $173 million or $4.38 diluted earnings per shareDelivered Virginia-class submarine New Jersey (SSN 796)Delivered amphibious transport dock Richard M. McCool Jr. (LPD 29)Company reaffirms previously issued shipbuilding guidance1Company raises the Mission Technologies revenue guidance range1Company reaffirms previously issued free cash flow2 outlook1 NEWPORT NEWS, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) reported second quarter 2024 revenues of $3.0 billion, up 6.8% from the second quarter of 2023, drive
NEWPORT NEWS, Va., July 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on Sept. 13, 2024, to shareholders of record as of the close of business on Aug. 30, 2024. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from
NEWPORT NEWS, Va., July 03, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) will release its second quarter 2024 financial results on Thursday, Aug. 1 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: https://www.hii.com/. HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time. About HII HII is a global, all
Record first quarter revenues of $2.8 billion, up 4.9% compared to first quarter 2023Operating income of $154 million, up 9.2% compared to first quarter 2023Net earnings of $153 million or $3.87 diluted earnings per shareNew contract awards of $3.1 billion, resulting in backlog of $48.4 billionCompany reaffirms previously issued financial guidance1 NEWPORT NEWS, Va., May 02, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) reported first quarter 2024 revenues of $2.8 billion, up 4.9% from the first quarter of 2023, driven primarily by growth at its Mission Technologies segment. Operating income in the first quarter of 2024 was $154 million and operating margin was 5.5%, compared to $141 million a
NEWPORT NEWS, Va., May 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on June 14, 2024, to shareholders of record as of the close of business on May 31, 2024. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from sh
PASCAGOULA, Miss., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Ingalls Shipbuilding division along with representatives from the U.S. Navy, Accelerate Mississippi and Mississippi Gulf Coast Community College (MGCCC), celebrated the opening of a virtual reality (VR) welding lab at the shipyard Wednesday. The new facility makes it easier and safer for welders to hone their skills, and enhance HII's ability to grow the number of proficient shipbuilders with this essential skillset. "As we develop the shipbuilders who build our nation's ships, our training programs are a key part of that effort," Ingalls Shipbuilding Vice President of Operations Donny Dorsey said. "By working with th
NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that Derek Murphy has been promoted to vice president of new construction aircraft carriers at its Newport News Shipbuilding division. In his new role, Murphy will have responsibility for all new construction aircraft carriers in production at the shipyard, including John F. Kennedy (CVN 79), Enterprise (CVN 80) and Doris Miller (CVN 81). "Derek brings extensive experience from his time in the Navy and both HII shipyards to his new role," NNS President Kari Wilkinson said. "I am confident in his steadfast commitment to our shipbuilders and the successful delivery of capability to the United States Navy."
NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, payable on March 14, 2025, to shareholders of record as of the close of business on Feb. 28, 2025. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities ex
PASCAGOULA, Miss., Jan. 29, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) Ingalls Shipbuilding division began fabrication of the U.S. Navy's newest San Antonio-class amphibious transport dock Philadelphia (LPD 32) Monday. The start of fabrication signifies that the first 100 tons of steel have been cut for the ship. "From the earliest planning stages to the first cut of steel, every step of construction so far has been focused on building a capable ship for our Navy and Marine Corps partners," said Stephen Janowski, Ingalls Shipbuilding amphibious ship program manager. "Our team is committed to continuous improvement and seeing Philadelphia built with the quality craftsmanship needed to support
MCLEAN, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Mission Technologies division was awarded a task order valued at approximately $296 million to support U.S. Air Forces in Europe-Air Forces in Africa's (USAFE-AFAFRICA) air and space operations around the globe. Under the five-year Consolidated Mission Support task order, awarded by the Air Force Installation Contracting Center's 764 Enterprise Sourcing Squadron, HII will provide technical and analytical services to assist USAFE-AFAFRICA in the planning, integration and execution of command and control; integrated air and missile defense; and intelligence, surveillance and reconnaissance (ISR). The ta
GOOSE CREEK, S.C., Jan. 27, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today it has closed on its acquisition of an advanced manufacturing facility and assets and begun work at its Newport News Shipbuilding (NNS) — Charleston Operations site in South Carolina. "HII is committed to going where the labor is to increase shipbuilding capacity and increase throughput for our national security customers," HII President and CEO Chris Kastner said. "This lets us efficiently add trained talent and state-of-the-art manufacturing capabilities to the urgent job of building ships, making it a unique opportunity to immediately accelerate throughput at Newport News Shipbuilding in support of the
NEWPORT NEWS, Va., Jan. 16, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) will release its fourth quarter 2024 financial results on Thursday, Feb. 6 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: https://www.hii.com/ HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time. About HII HII is a global, all-
PASCAGOULA, Miss., Jan. 11, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) christened San Antonio-class amphibious transport dock Harrisburg (LPD 30) today at the company's Ingalls Shipbuilding division. "Today is more than just a christening; it is a celebration of craftsmanship, commitment and the enduring purpose of the work we do every day at Ingalls," Ingalls Shipbuilding President Brian Blanchette said. "Like its namesake, Harrisburg — with its rich history of strength, resilience and leadership — shares the same qualities reflected in our shipbuilders, whose dedication ensures the Navy and Marine Corps have the advanced ships they need to protect and defend our nation." LPD 30 is named a
PASCAGOULA, Miss., Dec. 10, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that Jennifer Childs has been named vice president of quality and engineering of the company's Ingalls Shipbuilding division, effective Jan. 6, 2025. She succeeds Brian Blanchette, incoming vice president of HII and president of Ingalls Shipbuilding. Childs, a former Navy surface warfare officer (nuclear), has been with Ingalls for 17 years and previously served as director of technical & design engineering. She will now be responsible for the management and oversight of quality programs, and of ship design, engineering, integrated logistics support and planning yard engineering. "Jennifer's technical acu
PASCAGOULA, Miss., Dec. 10, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Ingalls Shipbuilding division and the U.S. Department of Labor's Job Corps program, partnered to host a two-day recruiting event to offer students a direct career path to a job in the shipbuilding industry. The event attracted over 120 students from across 20 states who interviewed for positions in key trades, including welding, electrical, and machining. By the event's conclusion, 68 students received job offers to begin their careers at HII. The recruiting event began on Fri., Dec. 6, with representatives from Ingalls Shipbuilding visiting the Mississippi Job Corps Center in Crystal Springs, Mississippi, where they
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
Alembic Global Advisors downgraded Huntington Ingalls from Overweight to Neutral and set a new price target of $210.00
TD Cowen downgraded Huntington Ingalls from Buy to Hold and set a new price target of $180.00
Wolfe Research downgraded Huntington Ingalls from Outperform to Peer Perform
Vertical Research downgraded Huntington Ingalls from Buy to Hold and set a new price target of $275.00
JP Morgan downgraded Huntington Ingalls from Overweight to Neutral and set a new price target of $285.00 from $280.00 previously
Citigroup initiated coverage of Huntington Ingalls with a rating of Buy and set a new price target of $310.00
Barclays downgraded Huntington Ingalls from Overweight to Equal Weight and set a new price target of $280.00 from $250.00 previously
JP Morgan upgraded Huntington Ingalls from Neutral to Overweight and set a new price target of $247.00 from $250.00 previously
Deutsche Bank initiated coverage of Huntington Ingalls with a rating of Hold and set a new price target of $217.00
Barclays upgraded Huntington Ingalls from Equal Weight to Overweight and set a new price target of $270.00
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
NEWPORT NEWS, Va., July 15, 2024 (GLOBE NEWSWIRE) -- Shipbuilder and all-domain technologies provider HII (NYSE:HII) hosted Rep. Robert C. "Bobby" Scott, D-Va.; Rep. Rob Wittman, R-Va.; and a delegation of Australian parliamentarians at its Newport News Shipbuilding division Friday. The visit was held in support of the trilateral Australia, United Kingdom and United States (AUKUS) partnership. HII continues to bolster AUKUS, which set in motion tasking across all three countries to determine the optimal pathway to provide Australia with conventionally armed, nuclear-powered submarines. The Australian delegation included Milton Dick, speaker of the Australian House of Representatives; Aus
CANBERRA, Australia, June 03, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Mission Technologies division announced the appointment of Tim Brown as vice president of operations and Terry Nichols as the managing director for two HII business areas in Australia. Brown and Nichols will work from HII's Canberra office, and both will report directly to Michael Lempke, president of Mission Technologies' Nuclear and Environmental Services business group and the leader of HII's Australia operations working to advance the goals of the Australia-United Kingdom-United States (AUKUS) trilateral partnership on behalf of HII. Brown, as vice president of operations for HII Nuclear Australia Pty Ltd., will
PASCAGOULA, Miss., May 01, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Ingalls Shipbuilding division hosted a "signing day" for the 2024 graduates of its Shipbuilder Academy today at the shipyard. This year, 25 talented high school students were offered full-time positions at Ingalls, where they will begin their shipbuilding career following the completion of their education. Through hands-on training, mentorship, and classroom instruction, participants in the Ingalls Shipbuilding Academy (ISA) gain invaluable experience that prepares them with the skills and knowledge needed to excel in a shipbuilding career. "Today is a celebration of the students who have made the decision to de
PASCAGOULA, Miss., Jan. 11, 2023 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Ingalls Shipbuilding division promoted Kimberly Nastasi to vice president of the newly formed integrated communications and stakeholder engagement department. This new department will enhance communication and engagement with key stakeholders inside and outside of the shipbuilding community. As vice president of integrated communications and stakeholder engagement, Nastasi will report to Ingalls Shipbuilding President Kari Wilkinson and will be responsible for leading internal and external efforts in marketing and communications, special events, community relations, corporate stewardship and gover
MCLEAN, Va., June 10, 2022 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that Jeff Jackson has been named senior director of talent development for its Mission Technologies division. He will report to Melanie Anderson, Mission Technologies' senior vice president of human resources. In the new role, Jackson will lead talent strategies in alignment with Mission Technologies' strategic business and human capital objectives. This includes leadership development; coaching/mentoring; training; career paths; performance management; employee engagement; diversity, equity and inclusion; and other culture-shaping initiatives. With the successful integration of a series of strategic acquisitio
PASCAGOULA, Miss., March 10, 2022 (GLOBE NEWSWIRE) -- Global engineering and defense technologies provider HII (NYSE:HII) announced today the appointment of Donny Dorsey as vice president of operations at HII's Ingalls Shipbuilding division. Dorsey, formerly ship program manager for all DDG waterfront efforts at Ingalls Shipbuilding, replaces George Jones, who will retire April 1 after 37 years of service. "George's expertise in shipbuilding has influenced generations of shipbuilders and the capabilities of the shipyard," said Kari Wilkinson, president of Ingalls Shipbuilding. "We are grateful for his focus on execution excellence and for shaping our ‘shipyard of the future.' Thank you
NEWPORT NEWS, Va., March 09, 2022 (GLOBE NEWSWIRE) -- Global engineering and defense technologies provider HII (NYSE:HII) announced today that Xavier Beale has been appointed vice president of human resources and trades (HR&T) at the company's Newport News Shipbuilding division, effective April 1. Beale succeeds Susan Jacobs, who was appointed vice president, human resources and administration at HII's Ingalls Shipbuilding division. In this new role at Newport News, Beale will oversee human resources administration, employment, labor relations and recruitment, plus retain responsibilities of his previous role as vice president of trades. He will continue reporting to Jennifer Boykin, pres
NEWPORT NEWS, Va., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Global engineering and defense technologies provider HII (NYSE:HII) announced today the promotion of Edmond Hughes to executive vice president and chief human resources officer. Hughes, formerly the vice president of human resources and administration contracts at HII's Ingalls Shipbuilding division and at Northrop Grumman Shipbuilding since 2006, will replace William "Bill" R. Ermatinger, who will retire on April 1 after 35 years of service. HII also appointed Susan Jacobs to replace Hughes as the vice president, human resources and administration of Ingalls Shipbuilding, effective April 1. "Bill's leadership has been critical to the e
NEWPORT NEWS, Va., Jan. 28, 2022 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced Thursday its board of directors elected Chief Operating Officer Chris Kastner to become HII president and chief executive officer, consistent with the company's succession plan. The board also elected president and CEO Mike Petters to become executive vice chairman of the board for a transition period. Both changes are effective March 1. Petters and Kastner, who has acted over the past decade as chief financial officer, head of corporate strategy and divisional financial officer, are credited with nurturing the company's current $48 billion shipbuilding backlog. The pair also steered
BETHESDA, Md., June 16, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) (the "Company") announced the results of its 2021 annual meeting of stockholders held on June 16, 2021. As of April 19, 2021, the meeting's record date, there were 12,918,602 shares of the Company's Class A common stock outstanding, each entitled to one vote, and approximately 79.8 percent of those shares were represented at the annual meeting. The Company's stockholders passed all five proposals, including electing the eight director nominees for a term of one year; approving the Section 382 Right