Author: Devin Weiss

Raytheon Company (RTN) was awarded a $230.4 million contract modification from the Missile Defense Agency for a sole-source cost-plus-incentive-fee contract action. The addition to the contract consists of 14 Standard Missile-3...

Canada-based Rogers Communications Inc. (RCI) plans to gain complete control over sports television network Score Media Inc. – Canada’s third largest specialty sports channel – by purchasing its full stake for...

The board of directors of pipeline operator Magellan Midstream Partners, L.P. (MMP) has given nod for the two-for-one split of the partnership’s limited partner units. In accordance with the split announcement, Magellan...

DIRECTV (DTV) reported mixed financial results for the second quarter of 2012. The company generated a record high net customer addition in Latin America, increased ARPU in the U.S., and higher operating margin and OPBDA. Side...

Clean Diesel: CARB Diesel retrofit continues at below compliance levels. Ian Gilson, CFA On August 30, 2012 Clean Diesel (CDTI) issued a comment on a recent release by the Manufacturers of Emission Controls Association, MECA,...

Stocks were up in August. And we are not that far from the highs. And volatility is extremely low given that we played in such a narrow range (1354 to 1426….but most of the time in a narrower band from 1400 to 1426). The...

According to Reuters, Navistar International Corporation (NAV) will be incurring a charge of $40 million to $60 million in the fourth quarter of 2012 associated with its headcount reduction program. Earlier this month, the...

Agilent Technologies Inc.(A) announced that it has acquired the assets of Aurora SFC Systems, Inc. for an undisclosed sum. Aurora SFC Systems, Inc. is the leading provider of supercritical fluid chromatography (SFC) products for...

Lockheed Martin Corporation (LMT) has received a $207 million contract modification from the US Naval Air Systems Command to integrate unique Israeli equipment into the F-35 Joint Strike Fighter (“JSF”). The contract...

Wright Express Corporation (WXS) announced the acquisition of 51% stake in UNIK S.A., for a consideration of US$21.9 million (R$44.7 million). UNIK S.A., is a privately-held payroll cards provider based in Brazil. Per the...