Year: 2015

Broadwind Energy, Inc. BWEN recently announced that it has completed the divestiture of majority of its Services business assets to RENEW Energy Maintenance, LLC, a subsidiary of RENEW Energy, Inc. Financial terms of the transaction have been kept under wraps […]

Standing on the threshold of 2016, if you have an appetite for ‘energy’ stocks in a choppy market, you ought to first screen the industries from the broader energy sector for the prized catches. Several studies and historical data have proven that average stocks belonging to top-performing industries have a greater probability of outperforming the ‘blue-chips’ in a relatively poor-performing industry. And what best way to narrow down your search than to resort to some expert advice – in this case the Zacks Industry Rank. […]

JPMorgan Chase & Co. JPM has been levied with a $3.9-million fine (HK$30 million) by Hong Kong’s securities watchdog Securities and Futures Commission (“SFC”). […]

Duke Energy Corporation DUK recently announced proposals to build two massive solar projects in North Carolina with a combined generating capacity of more than 75 megawatts (“MW”). The projects, owned and operated by Duke Energy Carolinas, include a 60-MW farm covering an area of 400 acres off Rocky River Road near Monroe and a 15.4-MW farm on 110 acres off Crawford Road near Mocksville. […]

Apollo Education Group, Inc.’s APOL , under its flagship school, University of Phoenix (UOP), introduced a new career-oriented program in Correctional Program Support Services at its Central Valley Campus in Fresno, CA. Interested candidates will be offered the Bachelor of Science (B.Sc.) degree program that will improve their understanding of mental health, rehabilitation and recidivism. […]

The manufacturer of industrial products, Dover Corporation DOV trimmed its 2015 earnings per share guidance to approximately $3.62 from the previously provided range of $3.73 to $3.80 due to weaker market conditions. The negative impact of completed acquisitions and incremental restructuring charges also led to the slash. […]

The J.M. Smucker Company SJM , a leading manufacturer of food products, has recently reorganized its management in order to position the company for continued growth. Smucker has appointed Barry C. […]

Liberty Property Trust LPT will sell around 8.5 million square feet of suburban office properties as part of its efforts to conclude the multi-year portfolio repositioning plan. The company has also reaffirmed its 2015 guidance and offered its outlook for 2016. […]

Markel Corporation MKL has made an investment in national management consulting company, CapTech, through its wholly owned subsidiary Markel Ventures, Inc. However, the amount of investment remained undisclosed. […]

Shares of Lake Oswego, OR-based The Greenbrier Companies GBX climbed 5.51% to $30.85 on Dec 15 following bullish data released by the company on railcar orders. The company said that it has already received orders for 1,800 new rail car units worth approximately $170 million since the commencement of fiscal 2016 on Sep 1 this year. The orders received are diverse in nature and includes automobile carrying railcars, boxcars, large cube covered hopper cars apart from non-energy tank cars for the North American and European markets […]

General Dynamics Corporation ’s GD business unit, General Dynamics Information Technology, has secured a contract from the Defense Information Systems Agency to provide communications technical services for the U.S. Air Force’s Central Command (“USAFCENT”) in Asia. […]

Bristol-Myers Squibb Company BMY entered into an agreement with an immuno-oncology company, Neon Therapeutics. As per the terms on the collaboration, the companies will evaluate the combination of Neon Therapeutics’ proprietary personalized neoantigen vaccine, NEO-PV-01, and Bristol-Myers programmed death receptor-1 (PD-1) immune checkpoint inhibitor, Opdivo. The companies plan to conduct a phase Ib study to evaluate the safety, tolerability and preliminary efficacy of NEO-PV-01 in patients receiving Opdivo in melanoma, smoking-associated non-small cell lung cancer, and bladder cancer. […]