On October 1, McCormick and Company, Inc. (MKC) released financial reports for the third quarter of 2019. Adjusted earnings per share rose 14% from $1.28 in the previous year to $1.46. Adjusted annual earnings per share estimates increased from between $5.20 and $5.30 to between $5.30 and $5.35. McCormick is a global leader in flavor. […]
On September 3, Great Western Bancorp, Inc. (GWB) announced that its Board of Directors amended its current stock repurchase program. The amendment allows the company to repurchase an additional $75 million in common stock. Previous repurchases were close to the $100 million total allocated under the October 26, 2016 authorization. Sonal sent an alert […]
Stifel Financial Corp. (SF) announced on September 3 that the company completed its acquisition of B&F Capital Markets, Inc. B&F is a leader in providing small regional and community banks with extensive interest rate swap capabilities. Stifel is a financial services holding company headquartered in St. Louis. Sonal sent an alert to subscribers at […]
On September 3, HD Supply Holdings, Inc. (HDS) announced that the company acquired Presto Maintenance Supply. The deal closed on September 1, but HD Supply did not disclose the terms of the acquisition. Presto Maintenance Supply primarily serves the Houston metro area and reported sales of $15 million in 2018. Sonal detected the news […]
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On August 29, NV5 Global, Inc. (NVEE) announced that the company received three contract awards from the New York City Department of Design and Construction (NYCDDC). The contracts total $12 million over three years. NV5 will provide engineering services for the Red Hook Integrated Flood Protection System project in Brooklyn, design services for Phase 5 […]
Phototronics, Inc. (PLAB) announced on August 28 that its Board of Directors authorized a stock repurchase program. The company had paused its share repurchase activity earlier in the year to focus on its investment activities. Under this program, Phototronics may repurchase up to $100 million in common stock. Sonal sent an alert to subscribers […]
On August 28, Trinseo (TSE) announced that its Board of Directors authorized a share repurchase program. Under the terms of the program, the company can repurchase up to $3.3 million worth of common stock over the next 90 days. Trinseo is a global materials solutions provider and manufacturer. Sonal detected the event and issued […]
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 […]
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