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Company Overview and News
2018-07-30 zacks - 1
The earnings season is past the halfway mark with 265 S&P 500 members having reported results till Jul 27, 2018. Sustained momentum reinforces expectations that second-quarter 2018 is likely to replicate the performance of the prior quarter, which proved to be one of the strongest in the past seven years. Total earnings for the S&P 500 companies that have already reported are up 23.6% year over year on 10.
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Harris Corporation (HRS - Free Report) is scheduled to report fourth-quarter fiscal 2018 results before the opening bell on Jul 31. In the last reported quarter, the company beat estimates by 5 cents. It delivered an average positive surprise of 6.2% in the trailing four quarters. The company is likely to report higher revenues in the fiscal fourth quarter backed by healthy growth dynamics. Whether this could result into an earnings beat remains to be seen.
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CLEVELAND, July 27, 2018 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq:LECO) announced today the promotion of David J. Nangle to Executive Vice President of Lincoln Electric Holdings, Inc. effective July 19, 2018. This is in addition to his role as President of The Harris Products Group segment (“Harris”).
In the last five trading days, telecom stocks’ initial uptrend was replaced by a sharp fall, followed by a relatively flat trajectory and an eventual decline. The volatile trend was the likely result of the continuing trade war with China. The Trump administration has reportedly drawn up a list of goods for imposing tariffs on an additional $200 billion worth of products imported from China. Although the earlier lists mostly spared telecom products, the latest round of tariffs is likely to impact network routers and components that go into digital signal processing, TVs, monitors and telecom gear.
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Harris Corporation (NYSE:HRS) will provide the crucial audio communication system for NASA’s first human deep-space exploration mission, scheduled to launch in 2022 onboard the Orion spacecraft.
Harris Corporation (NYSE: HRS) has been awarded three multi-award IDIQ contracts with ceilings totaling $1.5 billion to provide the National Geospatial-Intelligence Agency (NGA) with geospatial data services for up to 10 years.
PLEASANTON, Calif., July 11, 2018 (GLOBE NEWSWIRE) -- Natus Medical Incorporated (NASDAQ:BABY) (“The Company”) today announced that Jim Hawkins is retiring from Natus after 14 years of service as CEO. During Jim’s leadership of Natus, the Company has grown from $30 million in annual revenue and a single product offering to over $500 million in annual revenue offering comprehensive products and solutions in the neurology and neurodiagnostics, newborn care and diagnostic hearing markets.
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2018-07-11 investorplace - 1
But recently, the equity research team at Goldman compiled a list of stocks within the company’s coverage universe that have the most potential upside to their price targets. The list is long (about 40 stocks), and Goldman pegs all of them as having roughly 30% or more upside to their price target.
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Harris Corporation (HRS - Free Report) recently secured three multi-award IDIQ contracts with ceilings totaling $1.5 billion to provide geospatial data services to the National Geospatial-Intelligence Agency (“NGA”) for a period of up to 10 years.
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2018-07-05 247wallst - 2
Stocks were looking for a very strong open on Thursday after the Independence Day holiday had U.S. markets closed on Wednesday. The prior trend of buying the dips has been less reliable during most of 2018 than in prior years. Many investors have been considering how they want their investments positioned ahead of the midterm elections and also for the longer term.
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The US Special Operations Command’s (USSOCOM’s) next-generation software-defined radios (SDRs) will feature Suite B encryption services to enhance interoperability with partner countries, senior company officials at Harris Corporation have revealed.
2018-08-18 - Asif
Business overview Rennova Health, Inc. (together with its subsidiaries, “Rennova”, “we” or the “Company”) is a provider of an expanding group of health care services for healthcare providers, patients and individuals. Beginning in 2018, the Company intends to focus on and operate two synergistic divisions: 1) Clinical diagnostics through its clinical laboratories; and 2) Hospital operations through its Big South Fork Medical Center, which opened on August 8, 2017, and a hospital in Jamestown Tennessee, including a doctor’s practice, the assets of which the company expect to acquire in the second quarter of 2018, pursuant to the terms of a definitive asset purchase agreement that the company entered into on January 31, 2018, as more fully discussed below. The company believe that its approach will produce a more sustainable business model and the capture of multiple revenue streams from medical providers, patients and hospital services. Management determined that because Big So...
2018-08-13 - Asif
Core Business At Ballard, Ballard Power Systems is building a clean energy growth company. Ballard Power Systems is recognized as a world leader in proton exchange membrane (“PEM”) fuel cell power system development and commercialization. The company's principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on its power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Portable Power, Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer, and the license and sale of its extensive intellectual property portfolio and fundamental knowledge for a variety of fuel cell applications. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. The hydrogen fuel can be obtained from natural g...
2018-08-13 - Asif
Overview Marathon Patent Group was incorporated in the State of Nevada on February 23, 2010 under the name Verve Ventures, Inc. On December 7, 2011, the company changed its name to American Strategic Minerals Corporation and were engaged in exploration and potential development of uranium and vanadium minerals business. In June 2012, the company discontinued its minerals business and began to invest in real estate properties in Southern California. In October 2012, the company discontinued its real estate business when its former CEO joined the firm and the company commenced its IP licensing operations, at which time the Company’s name was changed to Marathon Patent Group, Inc. On November 1, 2017, the company entered into a merger agreement with Global Bit Ventures, Inc. (“GBV”), which is focused on mining digital assets. Marathon Patent Group has since purchased its cryptocurrency mining machines and established a data center in Canada to mine digital assets. Following the me...
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