AAON, Inc. AAON could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for AAON broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness […]
Headquartered in Deerfield, IL, Caterpillar ( CAT ) is the world's largest heavy-machinery maker and seen as a bellwether for global economic activity. The company has benefitted a lot from improving global growth since it derives about half its sales from international markets. Impressive Results Caterpillar delivered excellent results for Q1, beating on both the top and bottom lines and also raised its guidance. […]
Avara Pharmaceutical Services Acquires Major Sterile Manufacturing Facility and Development Center in Canada PR Newswire NORWALK, Conn., May 25, 2018 NORWALK, Conn. , May 25, 2018 /PRNewswire/ — Avara Pharmaceutical Services, a world-class contract development and manufacturing organization (CDMO), today announced that it has agreed to acquire the largest sterile manufacturing facility for injectable medicines in Canada from a leading global pharmaceutical company, as part of a continuing expansion of its global footprint. “This acquisition represents our first entry into the Canadian market and further expands our sterile processing capability, which is in very high demand,” said Timothy C. […]
Callon Petroleum Company Announces Pricing of Common Stock Offering PR Newswire NATCHEZ, Miss., May 24, 2018 NATCHEZ, Miss. , May 24, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that it has priced an underwritten public offering of 22,000,000 shares of its common stock for total estimated gross proceeds (before the underwriter’s discounts and commissions and estimated offering expenses) of $259 .6 million. […]
Townsquare Completes Sale Of North American Midway Entertainment Reinforces Townsquare’s “Local First” Strategy Provides Updated Guidance for Second Quarter 2018 and Full Year 2018 PR Newswire GREENWICH, Conn., May 24, 2018 GREENWICH, Conn. , May 24, 2018 /PRNewswire/ — Townsquare Media, Inc. […]
InfraREIT Comments on Related Party Schedule 13D Filing PR Newswire DALLAS, May 24, 2018 DALLAS , May 24, 2018 /PRNewswire/ — InfraREIT, Inc. (NYSE: HIFR) (“InfraREIT” or the “Company”) today announced that its stockholder, Hunt Consolidated, Inc. […]
The National Capital Bank of Washington Announces Stock Repurchase PR Newswire WASHINGTON, May 24, 2018 WASHINGTON , May 24, 2018 /PRNewswire/ — The National Capital Bank of Washington (NCB) announced today that its Board of Directors has approved a stock repurchase offer. Under this limited-time offer, NCB may repurchase up to $1.0 million , or 4,651 shares, of NCB’s common stock for $215 per share. […]
In the last five trading days, telecom stocks declined initially but later witnessed a steep rise as U.S.-China trade concerns abated with both parties signaling to put their differences on hold and continue negotiations to bridge the huge trade imbalance. Last week, President Trump revealed that the U.S. […]
Centene Corp. CNC , a health insurer, primarily dealing with government insurance products such as Medicare and Medicaid, is rapidly evolving into a diversified healthcare enterprise. […]
We issued an updated research report on Agios Pharmaceuticals, Inc. AGIO on May 23. Agios’ only marketed drug is Idhifa, which received FDA approval for treatment of patients with relapsed or refractory acute myeloid leukemia (AML) with an isocitrate dehydrogenase-2 (IDH2) mutation, in August 2017 […]
lululemon athletica inc . LULU is slated to report first-quarter fiscal 2018 results on May 31. […]
Intuitive Surgical Inc. ISRG is one of the top-performing stocks in the MedTech space. Growing adoption of the company’s robot-based da Vinci surgical system and increasing procedure volumes are key catalysts. […]
Power Products Acquires King Innovation PR Newswire MENOMONEE FALLS, Wis., May 24, 2018 MENOMONEE FALLS, Wis. , May 24, 2018 /PRNewswire/ — Power Products, LLC announces its acquisition of King Innovation . Based in O’Fallon, Missouri , King Innovation is a recognized leader in the design and manufacture of innovative construction grade products for the irrigation, electrical, gas utility and landscape lighting markets […]
Marvell Technology Group Ltd. Announces Completion of CFIUS Review PR Newswire SANTA CLARA, Calif., May 24, 2018 SANTA CLARA, Calif. […]
Thomson Reuters Announces Annual Renewal of Normal Course Issuer Bid PR Newswire TORONTO, May 24, 2018 TORONTO , May 24, 2018 /PRNewswire/ — Thomson Reuters Corporation (TSX / NYSE: TRI) today announced that it has received approval from the Toronto Stock Exchange (TSX) for the annual renewal of its normal course issuer bid (NCIB). Under the renewed NCIB, up to 35.5 million common shares (representing approximately 5% of the company’s total outstanding shares) may be repurchased between May 30, 2018 and May 29, 2019. For its current NCIB that expires on May 29, 2018 , Thomson Reuters previously sought and received approval from the TSX to repurchase up to 36 million common shares. […]
Callon Petroleum Company Announces Ward County Acquisition PR Newswire NATCHEZ, Miss., May 24, 2018 NATCHEZ, Miss. , May 24, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that its wholly owned subsidiary, Callon Petroleum Operating Company, has entered into a definitive agreement to acquire certain producing oil and gas properties and undeveloped acreage for total consideration of $570 million in cash from Cimarex Energy Co. The Company intends to fund the cash purchase price with the net proceeds of an equity offering announced concurrently with the announcement of this acquisition, cash on hand and/or incurrence of long-term indebtedness. […]
FMI Represents Midwest Minerals in Sale to Summit Materials PR Newswire RALEIGH, N.C., May 24, 2018 RALEIGH, N.C. , May 24, 2018 /PRNewswire/ — FMI Capital Advisors is pleased to announce the sale of Midwest Minerals, LLC to Summit Materials, LLC (NYSE: SUM, “Summit” or the “Company”). FMI Capital Advisors acted as the exclusive financial advisor to Midwest Minerals for this transaction […]
Lockheed Martin Corp . LMT recently secured a $282-million modification contract for providing post production support to the Phased Array Tracking to Intercept of Target (PATRIOT) Advanced Capability-3 (PAC-3) missile. […]
Southern Company ’s SO subsidiary, Southern Power recently inked a deal to divest 33% stake in its solar portfolio, in a bid to further trim its debt woes. With demand of renewable energy picking up, Global Atlantic Financial Group Ltd. — a retirement, life and reinsurance company — will be acquiring one-third stake of Southern Power’s solar assets for a total consideration of $1.175 billion. […]
Teva Pharmaceutical Industries Ltd. TEVA confirmed that FDA has extended the action date of the Biologics License Application (BLA) for fremanezumab. The action date for fremanezumab is now set for September 16, 2018, which was previously set for mid-June. […]
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