Ituran Acquires Majority Share in Road Track Holding S.L.

On July 24, Ituran Location and Control Ltd. (ITRN) announced that they company acquired a majority of the shares of Road Track Holdings S.L., a telematics company with most of its business in Latin America. Ituran is paying $91.7 million for 81.3% of the company. Ituran is a technology company that provides a full suite […]

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Fidelity National Financial Announces New Stock Repurchase Program

On July 17, Fidelity National Financial, Inc. (FNF) announced that the company’s Board of Directors approved a new stock repurchase program. The new repurchase program replaces the previous stock repurchase program, which expires on July 31. The company repurchased a total of 10.6 million shares of stock with the previous program. The new stock repurchase […]

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Capstone Turbine Announces Contract Renewals Totaling 4.4MW

Capstone Turbine Corporation (CPST) announced on July 11 that the company has secured nine separate Factory Protection Plan (FPP) aftermarket long-term service contract renewals from a major U.S. oil and gas producer. The contracts cover a total of 4.4 MWs. Capstone Turbine is the world’s leading clean technology manufacturer of microturbine energy systems.   Sonal […]

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Harris Corporation Awarded $1.5 Billion in US Geospatial Intelligence Contracts

On July 10, Harris Corporation (HRS) reported that the company has been awarded three multi-award IDIQ contracts by the National Geospatial-Intelligence Agency (NGA). Harris will create, manage, and distribute high-quality geospatial intelligence for the US intelligence community and military. The contract covers services for up to 10 years and totals $1.5 billion.   Sonal sent […]

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IsoRay Receives FDA 510(k) Clearance for GammaTileTM Therapy

On July 9, IsoRay, Inc. (ISR) and GT Medical Technologies, Inc. announced they received FDA 510(k) regulatory clearance for their brachytherapy technology, known as GammaTileTMTherapy. The therapy incorporates proprietary Cesium-131 seeds within customizable collagen-based carriers to treat recurrent brain tumors. The two companies previously executed a ten-year collaborative development agreement.   Sonal detected the event […]

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