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Orbital ATK to Provide Joint Polar Satellite Systems to NASA – Analyst Blog

Orbital ATK, Inc.OA has received a contract to design, produce and integrate up to three Joint Polar Satellite Systems (“JPSS”) spacecraft for the National Aeronautics and Space Administration (“NASA”). Per the agreement, the company will design and...
Posted On 27 Mar 2015

Raytheon Co. Wins $528.8M AMRAAM Modification Contract – Analyst Blog

Raytheon CompanyRTN has won a fixed price incentive firm modification contract worth $528.8 million. Per the contract, Raytheon can exercise an option to supply Advanced Medium Range Air to Air Missile (“AMRAAM”) to the Air Force. The original contract, Source
Posted On 27 Mar 2015

JDS Uniphase (JDSU) Raised to Hold on Favorable Factors – Analyst Blog

On Mar 25, 2015, Zacks Investment Research upgraded JDS Uniphase Corp.JDSU by a notch to a Zacks Rank #3 (Hold). Except for the last quarter, JDS Uniphase has delivered positive earnings surprises in three quarters last year, with an Source
Posted On 27 Mar 2015

Abiomed Attains New 52-Week High on Impella 2.5 Approval – Analyst Blog

Shares of Danvers, MA based Abiomed IncABMD scaled a new 52 week high of $74.70 in mid day trading on Mar 24, after the company announced late Monday that the FDA had approved its Impella 2.5 heart pump. The Source
Posted On 27 Mar 2015

Telefonica to Divest UK Operations to Hutchison – Analyst Blog

Spanish telecom behemoth Telefonica SATEF has decided to divest its U.K. wireless operations, which run under the O2 brand, to Hutchison Whampoa. Notably, Hutchison currently operates under the 3 UK brand in the nation. At present, O2 serves over Source
Posted On 27 Mar 2015

Lpath (LPTN) Crumbles on Failure of Kidney Cancer Drug Trial – Analyst Blog

Shares of Lpath, Inc . LPTN plunged in after market trading following the company’s announcement of dismal results from a phase IIa study on oncology candidate, Asonep. The single agent open label study on Asonep enrolled patients suffering from Source
Posted On 27 Mar 2015

Latest Deals Fail to Drive Tenet Healthcare (THC) Shares – Analyst Blog

Recently, Tenet Healthcare CorporationTHC signed a few deals to enhance its operations. However, the news of these agreements failed to drive share price owing to broader market dynamics.Tenet USPI JV The first definitive agreement that the company has entered Source
Posted On 27 Mar 2015

Apollo Education Posts Narrower Q2 Loss, Cuts 2015 View – Analyst Blog

Apollo Education Group, Inc.’sAPOL adjusted loss of 10 cents per share in the second quarter of fiscal 2015 was narrower than the Zacks Consensus Estimate of a loss of 16 cents per share. However, the bottom line compared unfavorably Source
Posted On 27 Mar 2015

Allscripts and Drexel University Extend EHR Alliance – Analyst Blog

Extending its relationship with Allscripts Healthcare Solutions Inc.MDRX , U.S. based Drexel University College of Medicine renewed its contract to use Allscripts TouchWorks EHR as its core Electronic Health Record (EHR) solution. Under this extended contract, Drexel has also Source
Posted On 27 Mar 2015

Ocwen to Sell MSRs to NationStar: More Shrinking on Cards? – Analyst Blog

Ocwen Financial Corp . OCN continues with its strategy of selling residential mortgage servicing rights (“MSRs”) with an aim to restructure and shrink its servicing operations. The company, through its subsidiary Ocwen Loan Servicing, LLC, signed an agreement in Source
Posted On 27 Mar 2015