Transocean Ltd. (RIG) announced on November 18 that Petrobras extended its contract for the Deepwater Corcovado and Deepwater Mykonos. The Deepwater Corcovado has a 680-day preexisting fixed option, and the Deepwater Mykonos had an 815-day preexisting fixed price option. Together, the contract extensions are worth around $297 million. Transocean is a leader in offshore contract […]
On November 18, Beam Global (BEEM) announced that it received a General Services Administration (GSA) Multiple Award Schedule (MAS) Contract. Federal agencies can purchase Electric Vehicle (EV) ARC™ solar EV Charging infrastructure products on the GSA Advantage!® site. Beam Global is the leading provider of innovative sustainable technology for EV charging. Sonal alerted its […]
IGT Game Technology (IGT) announced on November 16 that its subsidiary, IGT Global Solutions, signed a seven-year base contract with the Nebraska Lottery. According to the terms of the contract, IGT will be the primary vendor for both instant and draw-based games and related services. IGT will deliver its best-in-class terminal equipment to around 1,200 […]
On November 9, Bonanza Creek Energy, Inc. (BCEI) and HighPoint Resources Corporation (HPR) announced their definitive merger agreement. The Board of Directors of each company unanimously approved the merger. The transaction is valued at approximately $376 million based on the equity and debt that will be offered to HighPoint’s current equity and debt holders. Bonanza […]
On November 5, Gray Television, Inc. (GTN) announced that its Board of Directors authorized an expansion of its current share repurchase agreement. The Board authorized an additional $150 million in common stock repurchases through December 31, 2023. Gray had about $70 million remaining on its existing share repurchase authorization. Sonal sent an alert to […]
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On October 29, Leidos (LDOS) announced that the company received a contract award valued up to $75 million. The Office of the Under Secretary of Defense for Personnel and Readiness awarded the contract. Leidos will provide services and support for the Defense Civilian Human Resource Management System. The contract has a one-year base period that […]
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