On July 24, Ituran Location and Control Ltd. (ITRN) announced that they company acquired a majority of the shares of Road Track Holdings S.L., a telematics company with most of its business in Latin America. Ituran is paying $91.7 million for 81.3% of the company. Ituran is a technology company that provides a full suite […]
Check Point Software Technologies Ltd. (CHKP) announced on July 25 that the company’s Board of Directors authorized a major expansion of the current share repurchase program. The updated repurchase plan is effective immediately and increases the quarterly repurchase 30% to $325 million in outstanding shares. The overall repurchase plan increased 100% to a total of […]
On July 17, Fidelity National Financial, Inc. (FNF) announced that the company’s Board of Directors approved a new stock repurchase program. The new repurchase program replaces the previous stock repurchase program, which expires on July 31. The company repurchased a total of 10.6 million shares of stock with the previous program. The new stock repurchase […]
On July 23, Reata Pharmaceuticals, Inc. (RETA) announced results from two Phase 2 clinical trials of bardoxolone in patients with chronic kidney disease. The one-year results for the Phase 2 portion of CARDINAL, a study of bardoxolone in patients with chronic kidney disease due to Alport syndrome, found that patients had no drug-related negative side […]
Capstone Turbine Corporation (CPST) announced on July 11 that the company has secured nine separate Factory Protection Plan (FPP) aftermarket long-term service contract renewals from a major U.S. oil and gas producer. The contracts cover a total of 4.4 MWs. Capstone Turbine is the world’s leading clean technology manufacturer of microturbine energy systems. Sonal […]
On July 10, Harris Corporation (HRS) reported that the company has been awarded three multi-award IDIQ contracts by the National Geospatial-Intelligence Agency (NGA). Harris will create, manage, and distribute high-quality geospatial intelligence for the US intelligence community and military. The contract covers services for up to 10 years and totals $1.5 billion. Sonal sent […]
On July 9, Kratos Defense and Security Solutions, Inc. (KTOS) announced the delivery of the first production BQM-177A Subsonic Aerial Target (SSAT) Drone System for the US Navy. These deliveries are part of a one-year contract worth around $37 million. Kratos plans to host a celebration in honor of the rollout on July 11 in […]
On June 28, Aclaris Therapeutics (ACRS) reported positive interim results from its Phase 2 clinical trial of AA-202 Topical. The drug is an investigational topical to treat two of the more severe variants of Alopecia Areata. Patients did not experience any treatment-related serious adverse events, and results for the full patient sample will be reported […]
On July 9, IsoRay, Inc. (ISR) and GT Medical Technologies, Inc. announced they received FDA 510(k) regulatory clearance for their brachytherapy technology, known as GammaTileTMTherapy. The therapy incorporates proprietary Cesium-131 seeds within customizable collagen-based carriers to treat recurrent brain tumors. The two companies previously executed a ten-year collaborative development agreement. Sonal detected the event […]
AZZ, Inc. (AZZ) announced on June 29 that the company was awarded a contract in the People’s Republic of China to produce approximately 7,431 meters of Ultra High Voltage 1100KV Gas Insulated Line for the Cross Yangtze River Sutong Underground Tunnel Project. The contract is with SDEE Hitachi High Voltage Switchgear and Pinggao Group Company […]
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