Month: September 2017

Defense prime Northrop Grumman Corporation ’s NOC business unit, Northrop Grumman Systems Corp., secured a contract for procuring 2103 signal processors, seven Large Aircraft Infrared Countermeasures (LAIRCM), Signal Processor Replacement (LSPR) assemblies and more than 1 million advanced threat warning (ATW) sensors. Work for the deal is scheduled to be over by Apr 2019. Details of the Deal Valued at $21.2 million, the contract was awarded by the Naval Air Systems Command, Patuxent River, MD. […]

Nokia Corporation NOK has announced its decision to expand the ViTrust critical communications portfolio to enhance advanced communications for first responders. It will provide services to enable the first responders benefit from high-performance applications on their public safety devices. […]

We have issued an updated research report on industrial tool maker, Stanley Black & Decker, Inc. SWK on Sep 26. We believe that this machinery stock is poised to benefit from solid long-term growth opportunities. […]

Air Products APD is set to increase product pricing and monthly service charges in North America. The company will raise the prices of liquid argon, liquid and bulk helium up to 20%. Prices of liquid oxygen, liquid nitrogen, liquid and bulk hydrogen will increase up to 15% […]

HP Inc. ’s HPQ latest quarterly results reflect solid execution in its printing business. […]

International Paper Company IP is divesting its non-core businesses to focus more resources on high-return capital projects in its core businesses that can drive additional earnings growth. The paper and packaging products manufacturer’s strategic move is also aimed to improve its long-term profitability as it faces stiff competition from diverse players across the industry. […]

British oil giant BP Plc BP announced the commencement of natural gas production at the Khazzan field in Oman. The company will be using fracking technology, which is rarely used in the Middle East. In the field, BP holds a 60% stake, while the remaining is owned by Oman Oil Company Exploration & Production […]

Popular apparel and accessories retailer, American Eagle Outfitters Inc. AEO is benefiting from solid strategies like enhancing product assortments; managing inventories efficiently and boosting e-commerce business. These efforts helped the company make a comeback in second-quarter fiscal 2017, alongside retaining its sturdy comparable store sales (comps) trends. […]

Apple Inc AAPL is betting big on augmented reality (AR). At its iPhone X event, the company looked eager to bring AR technology to the mainstream. Why is Apple Keen on AR […]

United States Steel Corporation X and Japan’s Kobe Steel, Ltd. have agreed to start construction of a new continuous galvanizing line (CGL) at their subsidiaries’ joint venture, Pro-Tec Coating Company in Leipsic, OH. The move is in response to growing demand for advanced high-strength steels (AHSS). […]

Capella Education Company CPLA has been exhibiting a mixed performance of late. Through various undertakings like investments in marketing and innovative curriculum offerings, the company has been trying to offset the sluggish enrollment trend. In the last reported second-quarter 2017, the company portrayed mixed results, wherein the bottom line outpaced the Zacks Consensus Estimate by 12.5% while the top line lagged the same by 0.4%. […]

Texas Instruments (TXN) or TI recently announced a hike in dividend along with a share repurchase program. This time, the company plans to raise the quarterly dividend by 12 cents to 62 cents per share. […]

The office products sector has been grappling with multiple headwinds, and Office Depot, Inc. ODP is not fully immune to these. […]

PPG Industries’ PPG Teslin Food-Grade substrate, part of its Specialty Coatings and Materials business, received accreditation from German independent testing institute ISEGA. The certificate attests that synthetic paper can be used safely for numerous European packaging applications and food labeling. The move will help to improve efficiency of supply chains and provide consumers relief against tampering and counterfeiting issues […]

The Bank of New York Mellon Corporation BK is well poised for bottom-line growth, given its efficient cost-saving initiatives. Also, easing margin pressure should aid top-line growth. […]