Travelzoo (TZOO) announced on March 5 that the company’s Board of Directors authorized a new share repurchase program. Under the terms of the agreement, Travelzoo can repurchase up to 500,000 shares of outstanding common stock. Travelzoo is a global publisher of exclusive travel and entertainment offers for its members. Sonal detected the even and […]
On March 5, Comtech Telecommunications Corp. (CMTL) announced that its Command and Control Technologies group received a three-year contract from the U.S. Army worth $123.6 million. Under the contract, Comtech will provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret and Non-classified Internet Protocol Router Access Point), Very Small Aperture Terminals. SNAP terminals provide quick, […]
Park Hotels and Resorts Inc. (PK) announced on March 5 that HNA HLT Holdco LLC, the Selling Stockholder, would carry out an underwritten secondary offering of 32,950,000 shares of Park’s common stock. The Selling Stockholder has granted the underwriters the option to purchase up to 4,942,500 additional shares of stock from them. In addition, the […]
On March 5, G1 Therapeutics, Inc. (GTHX) reported positive topline data from its Phase 2a trial for Trilaciclib in patients receiving chemotherapy for first-line small cell lung cancer. The data from the trial showed clear evidence that Trilaciclib preserved bone marrow and immune system function from damage due to chemotherapy treatment. Trilaciclib would be the […]
On March 12, Communications and Power Industries LLC (CPI) announced that its Antenna Systems Division signed an agreement to purchase the limited-motion satellite antenna division of Viasat, Inc. (VSAT). By selling its antenna systems division, Viasat will be able to focus more on its core business of antenna and communications technologies for broadband markets. The […]
On March 2, Jazz Pharmaceuticals plc (JAZZ) announced that the FDA has accepted the company’s filing of a New Drug Application (NDA) with standard review for market approval of Solriamfetol. The drug is an investigational medicine used for the treatment of excessive sleepiness in patients with narcolepsy and obstructive sleep apnea (OSA). The company hopes […]
On March 1, FBL Financial Group, Inc. (FFG) made some big announcements to shareholders. The company increased its quarterly dividend by 4.5% to $0.46 per share. Shareholders will receive this dividend in March along with a special cash dividend of $1.50 per share. In addition, the Board of Directors authorized a new stock repurchase program […]
The February 2018 scorecard for the signals generated from Sonal can be downloaded here. For more information regarding how you can trade these signals, see the article The Three Moves for Event Based Trading Try Sonal 30 days for free and cancel anytime! Subscribe here and check out the Quickstart Guide Remember to enter the […]
On February 27, CBOE Global Markets, Inc. (CBOE) announced that the company’s Board of Directors authorized a new share repurchase program worth $150 million. This new program doesn’t have an expiration date and doesn’t replace the previous share repurchase authorization, but it is in addition to the $75 million remaining from the previous share repurchase […]
Pareteum Corporation (TEUM) announced on February 28 that the company was awarded a new contract worth $10 million. Under the terms of the contract, Pareteum will launch a global Mobile Virtual Network Operator for an established Carrier. Pareteum will leverage the connectivity of its Global Cloud Platform to service 300,000 subscribers once it becomes fully […]
On March 5, Rocky Brands, Inc. (RCKY) announced that its Board of Directors authorized a new share repurchase program. The Board of Directors authorized management to purchase up to $7.5 million worth of outstanding shares. The share repurchase program replaces the company’s previous program that expired on March 1. Sonal received the news and […]
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