A unit of General Dynamics, Spain-based Santa Barbara Systems, which is refurbishing Leopard tanks for delivery to Ukraine, suffered a cyber attack that took its website down, a pro-Russian hackers group said. A spokesperson for General Dynamics in Germany said the defence contractor was still analysing the cause of the website outage, adding that all of its operations in Europe were running normally. The NoName hacking group on the Telegram messaging service claimed responsibility for the distributed denial-of-service (DDoS) attack.
The company's shares are a better value than its biggest rival despite delivering significantly more stock growth.
Bonhoeffer Capital Management, an asset management company, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2024, the fund returned 5.9% net of fees compared to 5.7% returns for MSCI World ex-US, a broad-based index, and 5.3% return for the DFA International Small Cap […]