On March 26, McDermott International, Inc. (MDR) announced that the company was awarded a contract from Unipetrol RPA. McDermott will provide engineering, procurement, and construction management services for Unipetrol’s refinery in Litvinov, Czech Republic. The contract includes the full suite of services to upgrade Unipetrol’s hydrocracking unit. Sonal detected the news event and sent […]
Jacobs (JEC) announced on March 26 that the company was awarded the Patriot Excalibur (PEX) contract at the U.S. Air Force Life Cycle Management Center at Hanscom Air Force Base in Bedford, MA. PEX supports intelligence, surveillance and reconnaissance, and special mission units for the Air Force command. The Air Force has valued to contract […]
Every month Sonal publishes its scorecard, and as our subscribers know our signal performance beats the market nearly every time assuming you’re on-the-ball and trade properly. For those of you that don’t have enough time for day trading, we’re introducing our one-year guidance-based signal program. As you can see in our Q1 scorecard for Guidance […]
On March 27, Lannett Company, Inc. (LCI) reported that they have received FDA approval for their Abbreviated New Drug Application (ANDA) for Aspirin and Extended-Release Dipyridamole Capsules, 25mg/200mg. The drug is the therapeutic equivalent to Aggrenox Capsules, 25 mg/200 mg by Boehringer Ingelheim Pharmaceuticals. Total annual sales in the US for Aspirin and Extended-Release Dipyridamole […]
On March 15, Parateum Corporation (TEUM) announced that the company received ten new customer contracts during the first half of the month for a total of $17 million. The new customers are from Europe, Africa, the US, and Asia, showing the company’s ability to attract a global customer base. Parateum will provide communications platform service […]
Transocean Ltd. (RIG) announced on March 11 that Petrobras awarded contracts to the ultra-deepwater drillships Ocean Rig Corcovado and Ocean Rig Mykonos. The contracts are for 629 days and 550 days for approximately $123 million and $118 million, respectively. The contracts also include priced options for 680 days and 815 days, respectively. Transocean is a leading […]
On March 11, NVIDIA (NVDA) confirmed that the company would be acquiring Mellanox for $6.9 billion. This is NVIDIA’s largest acquisition to date, and they beat out a $6 billion bid made by Intel several months ago. Mellanox primarily manufactures chips used by servers in data centers and cloud storage as well high-performance supercomputers needed […]
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Air Products (APD) announced on February 18 that the company has received a contract to provide its proprietary LNG technology and equipment to Golden Pass Products, LLC. Air Products will use its Port Manatee, Florida facility to manufacture the equipment for the project. Golden Pass Products is a joint venture between Qatar Petroleum and ExxonMobil […]
On February 19, Allakos, Inc. (ALLK) announced positive Phase 1 clinical trial results for its drug AK002, which is used to treat eosinophil and mast cell related diseases. The drug is being tested on patients with indolent systemic mastocytosis (ISM), a debilitating disorder caused by the release of inflammatory mediators from mast cells, who had […]
Cubic Corporation (CUB) announced on February 13 that the Cubic Mission Solutions division received a contract award from the Naval Air Systems Command (NAVAIR) to provide a Full Motion Video (FMV) system in the MH-60S Multi-Mission Helicopter Program. The system will significantly increase the operational capability of these helicopters in addition to improving their ability […]
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