Month: December 2019

Verizon Communications Inc. VZ recently teamed up with Amazon.com, Inc.’s AMZN cloud computing arm, Amazon Web Services (“AWS”), to create and deploy low latency applications to mobile devices using 5G and became the first telecom carrier in the world to offer such service. […]

Bank of N.T. Butterfield & Son Limited NTB continues to reward its shareholders through dividend hikes or additional share repurchases. […]

Axsome Therapeutics, Inc. AXSM announced that the phase II study – CONCERT – evaluating its pipeline candidate, AXS-12 (reboxetine), met the pre-specified primary endpoint. The study evaluated AXS-12 as a treatment for narcolepsy patients with cataplexy, a sleep disorder characterized by excessive sleepiness […]

CommScope Holding Company, Inc. COMM recently announced that it is realigning its businesses to better reflect the strategic value of its operations. The company will restructure its business into four segments — Venue and Campus Networks, Broadband Networks, Outdoor Wireless Networks and Home Networks […]

The Utility sector provides basic services like electricity, water and natural gas to customers. Regulated and domestic-focused utility companies keep on adding, maintaining and upgrading their existing assets to provide uninterrupted 24×7 services to customers. […]

The Buckle, Inc. BKE has been committed to boosting shareholders’ returns through regular dividend payouts, special dividends and dividend hikes. […]

Old Dominion Freight Line, Inc . ODFL provided an update on its less-than-truckload (“LTL”) segment’s (major revenue generating unit) performance in November. With 5.3% decrease in LTL tons per day, revenue per day declined 3.2% year over year […]

The Containers – Paper And Packaging industry is anticipated to finish 2019 on a strong note backed by increased consumer spending in the holiday season. Growing e-commerce activity and demand for sustainable packaging will drive the industry in the days ahead. Moreover, rapid urbanization and rising purchasing power in Asia will sustain demand for the packaging industry […]

Analog Devices Inc. ADI recently announced that the company’s precision battery management system (BMS) integrated circuits (ICs) will be used by Rimac Automobili in its electric vehicle systems. The company’s battery management ICs will enable Rimac’s BMS to extract maximum energy and capacity out of its batteries. […]

Duke Realty Corporation DRE has been witnessing robust demand for its properties in Greenfield North Business Park, a master-planned industrial campus in Garner, N.C. The company’s existing buildings in the park are fully leased, and Duke Realty is now constructing its eighth building, Greenfield North 1201, on a speculative basis there. This new 165,921-square-foot bulk warehouse is expected to be completed in July 2020.The property will feature 32′ clear height, 50′ x 50′ column spacing, 30 – 9′ x 10′ dock doors and two 12′ x 14′ drive-in doors. […]

Amazon.com Inc. ’s AMZN cloud unit, Amazon Web Services (“AWS”) has disclosed that it plans to release a more powerful version of its own server chips, giving a fresh challenge to Intel INTC . Reportedly, Amazon’s next generation chip, Graviton2, built on microprocessor giant ARM Holdings’ designs, is a custom chip design with a 7nm architecture […]

General Dynamics Corp .’s GD Electric Boat division recently secured a $22.2-billion multi-year modification contract for manufacturing nine Virginia-class submarines, of which eight would include the Virginia Payload Module (VPM). The deal has been awarded by the Naval Sea Systems Command, Washington, D.C. […]