May 2018 – Page 8 – The New Religion

Raytheon Wins $90M Deal for Digital Radar Warning Receiver

May 30, 2018 0

Raytheon Company ’s RTN Space and Airborne Systems (SAS) business unit recently won a contract for supplying the AN/ALR-69A Digital Radar Warning Receiver System. The deal came under the foreign military sales (FMS) program that would further support its production requirements. Details of the Deal The contract is valued at $90 million and has been awarded by the Air Force Life Cycle Management Center, Electronic Warfare, Robins Air Force Base, Georgia […]

Pfizer’s Xalkori Gets Breakthrough Status for New Indications

May 30, 2018 0

Pfizer Inc. PFE announced that the FDA granted Breakthrough Therapy designation to its lung cancer drug, Xalkori (crizotinib) for two new indications. Xalkori is already marketed for the treatment of ALK+ or ROS1-positive locally advanced or metastatic non-small cell lung cancer (NSCLC). […]

DowDuPont’s Unit to Sell Alginates Business to JRS Group

May 30, 2018 0

DowDuPont Inc .’s DWDP business unit, DuPont Nutrition & Health (N&H) has secured the green signal from the European Commission (EC) to divest its heritage DuPont N&H Alginates business to JRS Group that makes functional additives from plant-based raw materials. The transaction, which is expected to close in third-quarter 2018, includes the heritage DuPont N&H Alginates business, comprising pure and buffered alginates, a specific portfolio of pectin-alginate blends, the associated Landerneau production site and customer relationships. The divestment was a requirement set out by the EC upon its conditional clearance of DuPont’s buyout of FMC Corp’s Health & Nutrition business last year […]

TransUnion (TRU) Partners with UIC to Promote Data Science

May 30, 2018 0

TransUnion TRU announced yesterday that it has partnered with the University of Illinois at Chicago's (UIC) College of Liberal Arts and Sciences to aid the study of data science. The broader goal is to help address the increasing need for data science expertise. […]

Tiger Infrastructure Announces Exit of Portfolio Company HFN to ExteNet Systems

May 30, 2018 0

Tiger Infrastructure Announces Exit of Portfolio Company HFN to ExteNet Systems PR Newswire NEW YORK, May 30, 2018 NEW YORK, May 30, 2018 /PRNewswire/ — Tiger Infrastructure Partners announced today that its portfolio company Hudson Fiber Network (HFN) has signed a definitive merger agreement with ExteNet Systems, Inc. to sell the company in an all cash transaction. Other transaction terms were not disclosed. […]

ExteNet Systems Announces Agreement to Acquire Hudson Fiber Network

May 30, 2018 0

ExteNet Systems Announces Agreement to Acquire Hudson Fiber Network PR Newswire CHICAGO, May 30, 2018 CHICAGO, May 30, 2018 /PRNewswire/ — ExteNet Systems , the largest private developer, owner and operator of distributed networks enabling advanced mobile broadband connectivity across the United States, today announced an agreement to acquire Hudson Fiber Network (HFN). The acquisition is anticipated to close in the second half of 2018 after completion of regulatory approvals. […]

Amazon Roundup: Ad Tool, LatAm, Alexa, Whole Foods, TV, More

May 30, 2018 0

It was an eventful few days at Amazon AMZN with the company announcing its new ad tool, LatAm expansion plans, Whole Foods discounts for Prime, TV hire and more even as Alexa messed up. Amazon Ad Tool Amazon stopped buying a certain kind of ad from Alphabet's GOOGL Google earlier this year. Now it looks like the company has a product to compete with it. […]

UMH Properties Completes Acquisition Of Indiana Portfolio

May 30, 2018 0

UMH Properties Completes Acquisition Of Indiana Portfolio PR Newswire FREEHOLD, N.J., May 30, 2018 FREEHOLD, N.J., May 30, 2018 /PRNewswire/ — UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of two communities located in Anderson, Indiana for a total purchase price of approximately $20,500,000. […]

Gencan Announces Sale of Assets

May 30, 2018 0

Gencan Announces Sale of Assets Canada NewsWire TORONTO, May 30, 2018 TORONTO, May 30, 2018 /CNW/ – Gencan Capital Inc. (“Gencan”) (CSE – “GCA” – Common) is pleased to announce the signing of an agreement of purchase and sale (the “Purchase Agreement”) dated May 29, 2018 with Highroad Estates Inc. […]

Metal to Acquire Crumbs Technologies Inc.

May 30, 2018 0

Metal to Acquire Crumbs Technologies Inc. Acquisition Brings Innovative Micro Investing App to Metal PR Newswire SAN FRANCISCO, May 30, 2018 SAN FRANCISCO, May 30, 2018 /PRNewswire/ — Metal today announced it has entered into a definitive agreement to acquire Crumbs (Crumbs Technologies Inc.), an innovative micro investing app that allows users to invest in digital assets. The addition of Crumbs will seamlessly integrate into the ecosystem of Metal, delivering a single platform that not only rewards people for P2P transactions within Metal Pay, but also helps them invest in several types of digital assets with the Crumbs app […]

Neo Lights Holdings, Inc. Acquires Simkar Corporation

May 30, 2018 0

Neo Lights Holdings, Inc. Acquires Simkar Corporation PR Newswire PHILADELPHIA, May 30, 2018 PHILADELPHIA, May 30, 2018 /PRNewswire/ — Neo Lights Holdings, Inc., a renewable energy technology company developing and manufacturing LED technologies, smart sensors and networking systems, with innovative approaches to off-grid and on grid emergency management networked solutions, has completed the acquisition of Simkar Corporation. Simkar is an internationally known manufacturer of lighting products headquartered in Philadelphia, PA. […]

Analog Devices (ADI) Beats Q2 Earnings, Revenue Estimates

May 30, 2018 0

Analog Devices Inc. ADI reported second-quarter fiscal 2018 adjusted earnings of $1.45 per share, beating the Zacks Consensus Estimate by 8 cents. […]

Is Intuitive Surgical (ISRG) Stock Outpacing Its Medical Peers This Year?

May 30, 2018 0

Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Is Intuitive Surgical (ISRG) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Medical peers, we might be able to answer that question […]

Is Align Technology (ALGN) Stock Outpacing Its Medical Peers This Year?

May 30, 2018 0

Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Has Align Technology (ALGN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out […]

Is BlackBerry (BB) Outperforming Other Computer and Technology Stocks This Year?

May 30, 2018 0

Investors focused on the Computer and Technology space have likely heard of BlackBerry (BB), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of BB and the rest of the Computer and Technology group's stocks. BlackBerry is a member of our Computer and Technology group, which includes 631 different companies and currently sits at #4 in the Zacks Sector Rank […]

Is Etsy (ETSY) Outperforming Other Computer and Technology Stocks This Year?

May 30, 2018 0

Investors focused on the Computer and Technology space have likely heard of Etsy (ETSY), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of ETSY and the rest of the Computer and Technology group's stocks. […]

Is Weight Watchers International (WTW) Stock Outpacing Its Consumer Discretionary Peers This Year?

May 30, 2018 0

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Weight Watchers International (WTW) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of WTW and the rest of the Consumer Discretionary group's stocks […]

Century Group Founder Takes Buyout as 30-Year-Old Firm Continues Expansion

May 30, 2018 0

Century Group Founder Takes Buyout as 30-Year-Old Firm Continues Expansion PR Newswire EL SEGUNDO, Calif., May 30, 2018 EL SEGUNDO, Calif. , May 30, 2018 /PRNewswire/ — Century Group is pleased to announce it has entered into a definitive agreement to acquire all outstanding shares owned by founder Harry Boxer . All shares purchased will be returned to treasury. […]

Enterprise Products Starts Construction of Ethylene Terminal

May 30, 2018 0

Enterprise Products Partners L.P. EPD and Navigator Holdings Ltd. NVGS announced that they have commenced construction of the ethylene export terminal under a 50/50 joint venture. […]

East West Bancorp Plans to Bump Up Dividend Payout by 15%

May 30, 2018 0

East West Bancorp, Inc. ’s EWBC board of directors have planned a 15% hike in the company’s quarterly common stock dividend, starting from the third quarter of 2018. The revised quarterly dividend will be 23 cents per share versus the previous figure of 20 cents […]