Stock Analysts

Express Scripts, Walgreens Tie Up to Cut Specialty Drug Price

In a bid to ensure availability of specialty brand drugs Express Scripts Holding Compan y ESRX and Walgreens Boots Alliance WBA recently announced plans to expand their existing group purchasing efforts. Since biosimilars have the potential to lower production costs, the move is considered to be a prudent and timely one. ValoremRx Specialty Solutions, LLC, will assist the companies to carry out the move by helping pharmacies selling expensive drugs to simplify the global supply chain and lowering costs for patients and clients using the specialty pharmacies of Express Scripts (Accredo) and Walgreens […]

Stock Analysts

Subsea Weakness Causes TechnipFMC (FTI) to Miss Q4 Earnings

TechnipFMC plc FTI reported fourth-quarter 2017 earnings on a diluted basis (excluding one-time items) of 20 cents a share, missing the Zacks Consensus Estimate of 44 cents. The weak results can be attributed to lower revenues amid reduced project activities from its subsea segment. The bottom line also deteriorated from the year-ago adjusted earnings of 50 cents a share. […]

Mergers & Acquisitions

Cubic Strengthens C4ISR Business with Acquisition of MotionDSP

Cubic Strengthens C4ISR Business with Acquisition of MotionDSP Acquisition to expand image enhancement and processing capabilities for Cubic Mission Solutions PR Newswire SAN DIEGO, Feb. 22, 2018 SAN DIEGO , Feb. 22, 2018 /PRNewswire/ — Cubic Corporation (NYSE: CUB) today announced the acquisition of MotionDSP , a leading provider of advanced image processing software for public safety, security and government applications […]

Stock Analysts

Altra Industrial (AIMC) Tops Q4 Earnings & Sales, View Solid

Machinery company Altra Industrial Motion Corporation AIMC failed to keep its earnings streak alive in the fourth quarter of 2017. The company’s non-GAAP earnings in the quarter were 47 cents per share, roughly 4.1% below the Zacks Consensus Estimate of 49 cents. However, the bottom line increased 14.6% from the year-ago tally of 14.6% on the back of an improving industrial market, strategies to leverage benefits from new business opportunities and gains from acquired assets. […]

Mergers & Acquisitions

Tiger Infrastructure Announces the Launch of FBO Platform Company and Acquisition of Air Wilmington

Tiger Infrastructure Announces the Launch of FBO Platform Company and Acquisition of Air Wilmington PR Newswire NEW YORK, Feb. 22, 2018 NEW YORK , Feb. 22, 2018 /PRNewswire/ — Tiger Infrastructure Partners (“Tiger”) today announced that it has partnered with experienced industry executives to form Modern Aviation, a new platform company focused on developing and acquiring fixed base operators (“FBOs”) […]