Stock Analysts

Northrop Grumman’s (NOC) Unit Inks $1.3B Deal for LITENING

Northrop Grumman Corporation ’s NOC business unit, Northrop Grumman Systems Corp., recently secured an indefinite-delivery/indefinite-quantity, firm fixed-price, cost-reimbursable contract for sustainment, modernization, production and development of the LITENING advanced targeting pod. Valued at $1.3 billion, the contract was awarded by Air Force Life Cycle Management Center, Robins Air Force Base, GA. Work related to the deal is scheduled to be over by Dec 31, 2023 […]

Mergers & Acquisitions

Carenet Healthcare Services Acquires HGS AxisPoint Health Nurse Advice Line Services

Carenet Healthcare Services Acquires HGS AxisPoint Health Nurse Advice Line Services Transaction further strengthens Carenet’s investment in the growing telehealth market PR Newswire SAN ANTONIO, Dec. 26, 2018 SAN ANTONIO , Dec. 26, 2018 /PRNewswire/ — Carenet Healthcare Services, a leading provider of healthcare engagement services and 24/7 virtual care, has acquired the nurse advice line services of HGS AxisPoint Health […]

Stock Analysts

Facebook Roundup: Data Breach, Incriminating Emails, Share Buybacks & More

Yet another data breach, incriminating internal email communications, share buybacks and analyst opinions were among the most important news on Facebook FB in the recent past. Here are the details- More User Data Exposed In what is a rather quick sequel to the big expose of data belonging to 30 million Facebook users, the social media company said that a software glitch inadvertently exposed unshared photos of around 6.8 million users for about 12 days ending Sep 25. The problem apparently happened when users granted photo access permission to third party apps, which normally allows access to timeline photos only. […]

Stock Analysts

Boeing Inks Deal to Deliver 50 737 Jets to Flyadeal for $5.9B

The Boeing Company BA recently announced that Flyadeal, a Saudi-based airline, has made commitments for ordering 30 737 MAX jets with options for 20 more in a deal, with an estimated value of $5.9 billion at list prices. The deal will come into existence once both the companies conclude the final terms and conditions along with a purchase agreement. […]

Stock Analysts

Is AIG Doomed to Have a Terrible 2019 Too?

The stock of American International Group Inc. AIG seems to be in rough waters as the company is faced with a challenging insurance market, which has dragged down revenues in its property and casualty (P&C) business. The P&C business is under the umbrella of the General Insurance segment, which contributes nearly 59% of the company’s total revenues, this year. […]

Stock Analysts

Lamar Advertising’s Acquisitions to Fuel Growth in 2019

Lamar Advertising Company LAMR is making concerted efforts to incubate its business and increase market share in the U.S. outdoor advertising business. Amid increasing popularity of this advertisement medium, on account of technological advancements in the outdoor segment and its wider reach, the company’s focus to expand market share is a strategic fit […]