Stock Analysts

Growth Concerns Take Center Stage

Stocks will likely be unable to sustain the three-day rally of sorts as the reality of economic growth uncertainty comes back to center stage. We have a number of reports out this morning that highlight the lack of economic growth, not just here in the U.S., but also in Europe. […]

Stock Analysts

ABB Showered with Orders (ABB) (SI)

ABB Ltd. ( ABB ) received several orders for equipment from Samsung Heavy Industries, Hyundai Heavy Industries, Keppel FELS and Jurong Shipyard Pte Ltd., for a total value of $200 million. The company will be supplying 23 new Jack-Up and DP drilling vessels and one FPSO will be executed in South-Korea and Singapore as the per the orders booked during the second quarter of 2011 […]

Mergers & Acquisitions

Cornische Aviation and Maintenance Limited Announces Success in GAO Protest of Mi-17 Acquisition

Cornische Aviation and Maintenance Limited Announces Success in GAO Protest of Mi-17 Acquisition PR Newswire DUBAI, United Arab Emirates, Aug, 16, 2011 DUBAI, United Arab Emirates , Aug, 16, 2011 /PRNewswire/ — Cornische Aviation and Maintenance Limited, Sharjah , UAE announced today they have won their protest against the US Army for improperly including sustainment in the contract for 21 Russian Mi-17 helicopters. In June 2011 the US Army issued a $367M sole source award to the Russian arms company Rosoboronexport for the purchase of 21 Mi-17 aircraft, initial spares and engineering support for Afghanistan . With no public announcement, the Army also included an option for an additional $550M in aircraft and long term support. […]