Year: 2019

Raytheon Company RTN recently secured an $81.2-million modification contract to procure 228 retrofit components for the configuration updates of the EA-18G and F/A-18E/F aircraft, for the U.S. Navy and the government of Australia. The deal was awarded by the Naval Air Systems Command, Patuxent River, MD […]

2018 has been a stellar year in energy mergers and acquisitions (M&A), thanks to mega deals such as Marathon Petroleum’s MPC buyout of Andeavor and Energy Transfer LP’s ET simplification transaction. From upstream to midstream to downstream, the M&A activities came from all facets of the oil and gas sector. […]

CVS Health Corporation CVS has been gaining investors’ confidence on consistently positive results. Over the past six months, the company’s stock has underperformed its industry . The stock has gained 0.3%, in comparison with the 2.8% rise of the industry. […]

Laboratory Corporation of America Holdings (LH) or LabCorp recently announced that, its drug development business Covance has signed a licensing agreement with GENFIT. The agreement will expand LabCorp and Covance’s access to the non-alcoholic steatohepatitis (NASH) liver diagnostic test, NIS4, developed by GENFIT. Through the agreement, NIS4 will be deployed in the clinical research space through Covance’s central laboratories […]

Investing in liquid companies is considered profitable as liquidity measures a company’s financial health. It measures a corporate entity’s ability to meet short-term debt obligations by converting assets into liquid cash and equivalents. […]

High employment rate and cheap gasoline prices helped the U.S. auto industry conclude last year on a positive note. […]

Things have been quite sour for The J. M. […]

Luminex Corporation LMNX and Pacific Biosciences of California, Inc. PACB are solid medical instrument companies going head to head in the U.S. MedTech space […]

Twitter’s TWTR hit a rough patch recently after it came to the forefront that terrorist groups are still being able to hack into accounts and use them for hate propaganda. Per Reuters, between January and June last year, Twitter had reportedly suspended 205,156 accounts, which violated its policy prohibiting the promotion of terrorism. However, the breach is stemming from a 10-year-old vulnerability, and management notes that it is difficult to manage the issue […]

Auto sales grew slightly in 2018 to 17.3 million vehicles. However, sales slumped once again in December, escalating worries of major carmakers. […]

Comtech Telecommunications Corp. CMTL recently announced that its Enterprise Technologies group, which is part of the Commercial Solutions segment, renewed a contract worth $2.3 million with an unnamed global telecommunications firm. Per the deal, Comtech will continue providing maintenance and support services for various location-based services […]

Alphabet GOOGL has been actively engaged in advancing in the healthcare industry. Recently, the company’s healthcare division Verily has raised $1 billion in a funding round led by Silver Lake, a private equity firm, along with Ontario Teachers’ Pension Plan and other global investors. […]