Salem Media Group Inc. has acquired the website DividendInvestor.com.
The Camarillo company, which owns radio stations, book publishers and websites serving Christian and conservative audiences, will add DividendInvestor to its Eagle Financial Publications portfolio of newsletters. Eagle already owns two other financial websites, EagleDailyInvestor.com and ETFU.com.
The DividendInvestor site provides dividend data about stocks and has screening tools to help investors find the type of investments they want. Data is downloadable in Microsoft Excel format, and investors can request email updates about stocks that interest them.
“There is a wealth of information that is a great complement to the products we already have,” said Roger Michalski, publisher of Salem's Eagle Financial Publications unit, in a statement.
Salem shares closed up 21 cents, or 3.4 percent, to $6.36 on the Nasdaq.
Teledyne Technologies Inc. has increased to 37 percent its investment in Ocean Aero Inc., a manufacturer of unmanned marine vehicles for scientific and energy-sector customers.
Terms of the deal between Teledyne in Thousand Oaks and Ocean Aero in San Diego were not disclosed.
Ocean Aero is developing unmanned marine vehicles capable of operating in both surface and sub-surface environments for use by the scientific, defense and oil and gas industries.
“The additional investment in Ocean Aero demonstrates our confidence in Ocean Aero’s technology and leadership,” said Chief Executive Robert Mehrabian in a prepared statement.
Other Teledyne subsidiaries already make the Gavia, Slocum Glider and the MinoROVER marine vehicles.
Shares closed up 70 cents, or a fraction of a percent, to $107.74 on the New York Stock Exchange.