Newsletter

Spero Therapeutics Announces Positive Phase 3 Clinical Trial Results From ADAPT-PO

On August 8, Spero Therapeutics, Inc. (SPRO) announced positive topline results from its Phase 3 clinical trial. The ADAPT-PO clinical trial evaluates Spero’s oral antibiotic candidate tebipenem HBr for the treatment of complicated urinary tract (cUTI) infection and acute pyelonephritis (AP) in adults. The results showed that Spero’s oral treatment was statistically non-inferior to intravenous […]

0Comments

Dycom Industries Announces New $100 Million Share Repurchase Program

On August 26, Dycom Industries, Inc. (DY) announced that its Board of Directors authorized a new share repurchase program for up to $100 million in common stock. Under the terms of the agreement, Dycom may repurchase stock any time over the next 18 months. Dycom is a leading provider of telecom contracting services in the […]

0Comments

Quanta Services Announces New Stock Repurchase Program

Quanta Service, Inc. (PWR) announced on August 6 that the company’s Board of Directors authorized a new stock repurchase program. As authorized by the board, management can repurchase up to $500 million in common shares from now through June 30, 2023. This new repurchase authorization is in addition to the $87 million outstanding from a […]

0Comments

Great Lakes Announces New Share Repurchase Program

On August 4, Great Lakes Dredge and Dock Corporation (GLDD) announced that its Board of Directors authorized a new share repurchase program. Under the terms of the agreement, Great Lakes may repurchase up to $75 million of its common stock. Great Lakes has been in business for over 130 years and is the largest provider […]

0Comments

Infinera Awarded Contract with European Collaborative GEANT

Infinera (INFN) announced on July 14 that the company was awarded a contract with GEANT, the leading European collaborative on network and infrastructure for research and education. As part of an EU-funded project, GEANT contracted Infinera to build out its 600G transmission technology across Europe. The technology provided by Infinera will help Europe’s research and education […]

0Comments

Sunrun Announces Acquisition of Vivint Solar

On July 6, Sunrun (RUN) announced that they signed an acquisition agreement with Vivint Solar (VSLR). According to the agreement, Sunrun will acquire Vivint Solar in an all-stock transaction valuing Vivint Solar at around $3.2 billion. Vivint’s shareholders will receive 0.55 shares of Sunrun in exchange for each share of Vivint Solar. Sunrun is a […]

0Comments

Overstock Signs Contract with US General Services Administration

Overstock.com, Inc. (OSTK) announced on June 29 that the company was awarded a contract with the U.S. General Services Administration (GSA). It is not one of only three online retailers contacted with the GSA to provide e-commerce services for federal agencies. Overstock plans to help federal employees save time and money on purchases by increasing […]

0Comments