Month: July 2018

Shares of Accenture plc ACN have gained 37.7% over the past year, outperforming the 28.5% rally of the industry it belongs to. […]

Alkermes plc. ALKS announced that the FDA has approved Aristada Initio (aripiprazole lauroxil) extended-release product for the treatment of schizophrenia in adults. The approval of Aristada Initio makes Aristada the first and only long-acting atypical antipsychotic that can be initiated on day one, which plays a significant role to treat a complex disease like schizophrenia […]

TransUnion TRU announced yesterday that it has completed acquisition of iovation — an authentication and fraud prevention solutions provider based in Portland, OR. iovation is a big name in the device intelligence space. The company has a large database of reputation insights and cryptographically secure multi-factor authentication methods […]

It was a week where oil prices finished at their highest since November 2014. Meanwhile natural gas futures fell slightly. On the news front, BP plc BP announced the expansion of its electric vehicle charging business, while Baker Hughes , a GE company BHGE is on the verge of ending its disastrous relationship with parent General Electric Company GE . […]

Kellogg Company K remains on track with its four-year restructuring program named Project K, which is likely to drive the company’s bottom line. Project K, announced in 2013, aims to optimize the supply chain through consolidation of facilities and elimination of excess capacity, and improve productivity through consolidation of common processes across multiple regions and bring a global focus on categories. Savings are being invested in brand-building initiatives, in-store execution, sales capabilities and innovation to stabilize sales […]

Raytheon Company’s RTN Missile Systems (MS) business unit recently won a $315 million deal for the production of the Griffin Missiles. The contract was awarded by the U.S. […]

Lockheed Martin Corp .’s LMT Missiles and Fire Control business unit recently won a $288.3 million modification contract for providing sensor systems along with other technical services for the Apache helicopter, to United Arab Emirates. The contract was awarded by the U.S. Army Contracting Command, Rock Island Arsenal, IL. […]

Pfizer, Inc. PFE is reportedly raising prices of almost 100 drugs, effective July 1. […]

KBR, Inc. KBR has secured a contract from GS Caltex Corp. to supply its proprietary Selective Cracking Optimum Recovery (SCORE) Ethylene Technology. […]

Cincinnati Bell Inc. CBB recently announced that it has completed the acquisition of Hawaiian Telcom Holdco, Inc. HCOM . […]

Acuity Brands, Inc. AYI reported third-quarter fiscal 2018 adjusted earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.17 by 9.2%. Also, earnings increased 10.2% on a year-over-year basis. […]