Knowledge Center

Advanced Emissions Solutions Increases Earnings Outlook

Advanced Emissions Solutions, Inc. (ADES) released a notice on February 21 that explained the impact of the Tax Cuts and Jobs Act on the company’s earnings. Expected future cash flows from its coal subsidiary, Tinuum, are now expected to range between $275 million and $300 million through 2021. This is an increase of 20% over […]

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Fresh Del Monte Announces New Share Repurchase Program

Fresh Del Monte Produce Inc. (FDP) announced on February 21 that its Board of Directors approved a new share repurchase program. The new three-year and $300 million share repurchase program will expire on February 21, 2021. This authorization is in addition to the current $300 million share repurchase program that is set to expire on […]

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NVR Board of Directors Approves Share Repurchase Program

On February 14, NVR Inc. (NVR) announced that its Board of Directors approved a new share repurchase program. The program is a continuation of a repurchase program first started in 1994, and it authorizes the repurchase of up to $300 million in outstanding shares. NVR operates homebuilding and mortgage banking businesses.   Sonal detected the […]

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Granite Construction Announces Acquisition of Layne Christensen Company

Granite Construction Incorporated (GVA) announced on February 14 that it plans to acquire Layne Christensen Company (LAYN). Both company’s Board of Directors approved Granite’s acquisition in a stock-for-stock transaction valued at $565 million, including the assumption of net debt. They expect to complete the acquisition in the second quarter of 2018.   Sonal detected the […]

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Tetra Tech Awarded $40 Million FAA Contract

On February 13, Tetra Tech, Inc. (TTEK) announced that the company was awarded a $40 million contract to develop software for the FAA. Under the contract, Tetra Tech will develop a new information system for tracking and analyzing medical information associated with pilots, air traffic controller, and other aviation personnel. Tetra Tech will support the […]

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