Old Dominion Freight Line Announces Share Repurchase Program and Quarterly Dividend

Old Dominion Freight Line, Inc. (ODFL) announced on May 17 that the company’s Board of Directors authorized a new share repurchase program. Beginning after the May 23 expiration of the previous program, the repurchase program authorizes the repurchase of up to $250 million in common stock. In addition, Old Dominion Freight Line will pay a […]

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Avinger Receives FDA Clearance for Patheris Lumivascular Artherectomy System

Avinger, Inc. reported on May 23 that the company has received 510(k) clearance from the FDA for its next-generation Pantheris Lumivascular atherectomy system. Lumivascular is the only technology that combines both real-time intravascular imaging with catheters to treat peripheral artery disease (PAD). This is the first image-guided atherectomy device for the treatment of PAD. Sonal […]

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Published Study Supports Global Medical’s Expandable Lateral Technology

On May 15, Global Medical, Inc. (GMED) reported the results of a medical study that supported the benefits of the company’s Globus expandable lateral spacers. The study “Clinical and radiographic analysis of expandable versus static lateral lumbar interbody fusion devices with two-year follow-up” was published in the Journal of Spine Surgery. Dr. Joseph O’Brien, MD, […]

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PennantPark Investment Corporation Board of Directors Authorizes $30 Million Share Repurchase

PennantPark Investment Corporation (PNNT) announced on May 9 that its Board of Directors approved a new share repurchase program. The program will allow the company to repurchase up to $30 million worth of outstanding common shares. The Board of Directors expects that this repurchase program will be in place until May 8, 2019.   Sonal […]

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Atlas Air Worldwide Increases Annual Outlook on Strong First-Quarter Earnings

On May 3, Atlas Air Worldwide Holdings, Inc. (AAWW) announced that the company’s first-quarter volume and revenue increased by 20%. Encouraged by the strong first-quarter financial results, the company increased its annual earnings guidance. Atlas Air Worldwide now expects earnings growth to top 30% during the 2018 fiscal year.   Sonal alerted its subscribers about […]

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