Month: June 2016

FTI Consulting, Inc. FCN , a global business advisory firm, authorized a new stock repurchase program under which it is likely to repurchase up to $100 million of its outstanding shares. However, the announcement failed to have an impact on investors as share prices remained mostly flat at $42.66 as of Jun 3, 2016 […]

On Jun 6, Zacks Investment Research updated the research report on leading computing and connectivity solutions provider Applied Micro Circuits Corporation AMCC . Headquartered in Sunnyvale, CA, Applied Micro manufactures high-bandwidth low power integrated circuits and semiconductor solutions for the enterprise, telecom and consumer/small medium businesses. Over the years, Applied Micro has gained a formidable position in the server solutions and wireless market on the back of its advanced and innovative technologies. […]

Shares of Huntington Ingalls Industries, Inc. HII reached a new 52-week high of $158.00 on Jun 3, finally closing a little lower at $157.59. In fact, the largest military shipbuilder in the U.S. […]

Celldex Therapeutics, Inc. CLDX presented results from a phase II study evaluating the combination of its pipeline candidates CDX-301 and CDX-1401 in patients with malignant melanoma at the annual meeting of the American Society of Clinical Oncology. The study was conducted by the Cancer Immunotherapy Trials Network under a Cooperative Research and Development Agreement between Celldex and the Cancer Therapy Evaluation Program of the National Cancer Institute. […]

Pfizer Inc. PFE announced results from a phase Ib study on utomilumab (PF-05082566) for the treatment of advanced solid tumors. The dose-escalation study evaluated the overall safety, pharmacokinetics, pharmacodynamics and anti-tumor activity of utomilumab, in combination with Merck & Co […]

The heavy civil contractor and construction materials producer, Granite Construction Incorporated GVA has been awarded a $20 million contract by the Alaska Department of Transportation for the rehabilitation of the taxiways at the Anchorage International Airport. The scope of the contract includes the rehabilitation of taxiways R and T, as well as the construction and installation of taxiway shoulders, safety areas, elevated lighting systems and signage. Construction work will begin in early Jun 2016 and be completed in a year. […]

I think globally each week. Do you? Follow me on twitter @johnblank100 We are just under 3 weeks away from the June 23rd Brexit vote in the U.K. […]

Regeneron Pharmaceuticals, Inc. REGN and Sanofi SNY announced encouraging long-term data from a phase III (LIBERTY AD CHRONOS) study evaluating dupilumab with topical corticosteroids (TCS) versus TCS alone in inadequately controlled moderate-to-severe atopic dermatitis (AD) patients. Results demonstrated that dupilumab with TCS significantly improved measures of overall disease severity at 16 and 52 weeks when compared to placebo with TCS, thereby meeting both primary and key secondary endpoints, respectively […]

C&J Energy Services, Ltd. CJES was recently sent a notice by the New York Stock Exchange (NYSE) for failing to satisfy the continued listing standard deemed necessary by the stock exchange. Per the standard, the company is required to maintain the average closing price of at least $1.00/share over a 30 trading-day period. […]

The 600 MHz low-band wireless spectrum auction, popularly known as Incentive Auction, kicked off by the U.S. telecom regulator Federal Communications Commission (FCC) on Mar 29, 2016, is progressing smoothly. Low-band spectrum is crucial for wireless operators as the signals can be transmitted over longer distances and through brick-and-mortar walls in cities […]

ViaSat Inc. VSAT shares jumped close to 5% as the company secured a contract to provide internet access on 100 new American Airlines Group AAL planes. This contract breaks in-flight Wi-Fi services market leader Gogo Inc.’s GOGO stronghold on the airline’s in-flight connectivity business. […]

Netflix Inc NFLX is eyeing expansion in the lucrative Indian market. For the first time, the video streaming giant has partnered with an Indian movie production house, Phantom Films, to produce an original series for the region. The Hindi-English series will be based on Vikram Chandra’s much-admired novel “Sacred Games”, which explores the dark and gritty world of Mumbai’s organized crime, corruption and politics in the face of an economic resurgence in the country. […]

PPG Industries Inc. PPG announced that its automotive refinish business has unveiled EC550 EN-V Ultra Gloss Clearcoat, a production-friendly clearcoat formulated specifically for use with ENVIROBASE High Performance waterborne basecoat. […]

Shares of Astec Industries, Inc. ASTE reached a new 52-week high of $54.24 on Jun 3 before closing a little lower at $53.86. […]