Year: 2018

Rambus Inc. RMBS was recently chosen by multi-operator and integrated ticketing services provider — TravelMaster — to develop a smart ticketing solution. […]

Centene Corporation CNC recently announced the implementation of a transformative pharmacy benefit management model through RxAdvance's Collaborative PBM Cloud platform by its Mississippi arm, Magnolia Health. This service is available to 240,000 Mississippi Medicaid members. […]

Per sources, Altria Group, Inc. MO is planning to invest in Juul Labs Inc., a popular e-cigarette company. Well, the company is quite enthusiastic when it comes to reduced-risk tobacco alternatives and taking robust strides to expand in this category […]

S&P Global Inc. SPGI is currently benefitting from higher demand for business information services and strategic buyouts that are boosting the top line. […]

Year 2018 has not been hunky-dory for auto stocks. During this year, several factors — including the trade spat between the United States and China, escalation of repayment burden due to rising rate of interest, soaring fuel costs, and escalating raw material prices — put a brake on the price movement of the auto stocks. In fact, over the past year, the broader Zacks Auto sector has decreased 24.1%, whereas the Zacks S&P 500 composite declined by 4.9%. […]

Chesapeake Utilities Corporation CPK announced the acquisition of Marlin CNG Services to expand operations in mobile compressed natural gas (CNG) business. The buyout will enable the company to utilize customized equipment of Marlin to cater to the needs of natural gas suppliers and customers. Expanding Footprint Marlin provides virtual pipeline applications and supplies mobile CNG utility to gulf coast region from Texas to Florida. […]

Air Products and Chemicals, Inc. APD inked an industrial gas equipment agreement with N.V. Nederlandse Gasunie. […]

3M Company MMM recently signed a definitive agreement to acquire the technology business of MModal IP LLC, for an aggregate enterprise value of $1 billion. The deal is expected to strengthen the company’s Health Information Systems’ (‘HIS’) business over the long term. The buyout, which is currently subject to regulatory consents and customary closing conditions, will likely close by the first half of 2019 […]

Augmented Reality (AR) and Virtual Reality (VR) technologies have progressed remarkably well over the past few years, with hardware options and digital experiences becoming more readily available and affordable to the average person. However, both AR and VR have failed to live up to expectations in 2018. This is evident from the fact that smartphone VR device sales declined from about 8 million units in 2017 to less than 3 million units in 2018, per ccsinsight . […]

Increased infrastructure spending, strong employment growth and rise in manufacturing and mining activity remained the major growth drivers of the Industrial Products sector’s performance in 2018. Further, robust construction spending in the United States, higher demand for state-of-the-art construction and engineering services, technology advancements, and entry of smarter products supported the sector’s performance in 2018 despite a strong dollar. Upbeat Data Supports Optimism Global manufacturing remains positive, while U.S […]

Viasat Inc. VSAT recently announced the upgrade of its KG-142 network encryptor device (KG-142) for government and military customers. […]

Cheniere Energy, Inc. LNG recently inked a 20-year liquefied natural gas (LNG) deal with Malaysian state-owned energy company Petronas. Per the deal, Petronas will be supplied with 1.1 million tons of LNG per year from Cheniere’s sixth train under the Sabine Pass LNG terminal […]

Spirit AeroSystems Holdings, Inc. SPR recently announced that it has plans to expand operations at its Tulsa, OK site by hiring nearly 250 employees over the next three years and incurring a capex of $80 million for capital projects to aid fuselage manufacturing and assembly work. Details of the Project Per the company’s announcement, the first phase of the Tulsa operation expansion is supposed to begin with infrastructure set-up and employee training, starting in 2019 […]