March 9, 2017: NXP Semiconductors announced the world’s smallest single-chip SoC solution with the release of their MC9S08SUx microcontroller (MCU) family with an integrated 18V-to-5V LDO and MOSFET pre-driver that delivers ultra-high-voltage solution for drones, robots, power tools, DC fan, healthcare and other low-end brushless DC electric motor control (BLDC) applications. Extending the company’s S08 (Read More….)
March 06, 2017: CACI International announced today that it has been awarded a task order, with a potential value of $190 million, to support the Department of Defense’s Joint Service Provider (JSP) Information Technology Service Delivery Support Requirement program. The three-year, six-month task order, originally won under the Alliant contract vehicle in the fourth quarter (Read More….)
February 16, 2017: Huntington Ingalls Industries reports Q4 EPS of $3.67 versus the $2.48 estimate. Revenue also beat coming in at $1.92 billion versus the $1.85 billion estimate.
CEO Michael Petters said, “Exceptional execution on mature programs at Ingalls lessened the impact of the ongoing transition between programs at Newport News and drove the (Read More….)
January 17, 2017: Avondale Partners raised McKesson to Market Outperform from Market Perform.
January 17, 2017: McKesson agrees to $150 million settlement with DOJ over failure to report suspicious orders of drugs. The nationwide settlement requires McKesson to suspend sales of controlled substances from distribution centers in Colorado, Ohio, Michigan and Florida for multiple years. (Read More….)
January 8, 2017: Virtusa has beautiful rising revenue of 22.5% for the last 5 years. In additional to growing revenue, Wedbush raised Virtusa to an Outperform rating, from Neutral, and set a price target of $35. Wedbush raised the price target to $35 from $29 citing improving spending outlook in the FS vertical (roughly 65% (Read More….)
Verizon wants to maintain its lead on coming 5G technology by purchasing XO Communications’ fiber optic network. Fortune writes…
The carrier has said it will likely go national with cable TV and Internet service offered via 5G, which can carry signals at speeds of two to five gigabits per second—20 to 50 times faster that (Read More….)