Burlington Stores, Inc. (BURL) reported second quarter earnings and adjusted its annual EPS outlook on August 29. Total sales increased 10.5% over last year, and net income increased by 19%. Burlington increased the outlook on its annual EPS from $6.93 – $7.00 to $7.14 – $7.22. Sonal detected the event and issued an alert […]
On August 16, AbbVie (ABBV) announced that it received FDA approval of RINVOQ (upadacitinib), a 15 mg, once-daily oral Janus kinase (JAK) inhibitor. The drug is expected to be available in the U.S. by the end of August 2019. RINVOQ treats adults with moderately to severely active rheumatoid arthritis (RA) who have had an inadequate […]
On August 15, Aetna Better Health of Florida, a CVS Health company (CVS), announced that it was awarded a new, statewide contract with the Florida Healthy Kids Corporation. The five-year contract begins on January 1, 2020. Aetna Better Health will be one of only two companies providing managed care services to Florida Healthy Kids members […]
Marten Transport, Ltd. (MRTN) made two important announcements for shareholders on August 13. First, the Board of Directors declared a special cash dividend payment of $0.65 per share in addition to the regular quarterly dividend of $0.03 per share. The dividends will be paid on September 30 to shareholders of record on August 26. Second, […]
On August 12, Perspecta, Inc. (PRSP) announced that it received a contract award from the National Geospatial-Intelligence Agency (NGA). It is a single award Indefinite Delivery, Indefinite Quantity (IDIQ) contract with a maximum ceiling value of $824 million over five years. Perspecta will perform full life cycle systems engineering and integration work for the NGA. […]
On August 6, Lockheed Martin (LMT) announced that the company received a $320 million contract from the US Missile Defense Agency. Lockheed Martin will continue to evolve the Command, Control, Battle Management, and Communications (C2BMC) system that is part of the U.S. Ballistic Missile Defense System. Under this contract, Lockheed Martin will integrate the Long-Range […]
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