Newsletter

SAIC Awarded $41 Million Contract with U.S. Army

Science Applications International Corp. (SAIC) announced on November 14 that the company received a $41 million contract with the U.S. Army. Under the terms of the contract, SAIC will migrate the U.S> Army’s enterprise applications to a modernized, cloud environment. The contract period is three years.   Jet Equities issued an alert to subscribers at […]

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Yandex Announces Share Repurchase Program

On November 18, Yandex N.V. (YNDX) announced that its Board of Directors authorized a $300 million share repurchase program. According to the terms of the program, Yandex can repurchase Class A shares over the next 12 months. Yandex is the leading internet search providers in Russia and one of Europe’s largest internet companies. Jet Equities […]

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Gray Television Increases Share Repurchase Program

Gray Television, Inc. (GTN) announced on November 7 that the company’s Board of Directors increased the current share repurchase allotment. The existing agreement allowed the company to repurchase up to 5 million shares of common stock. The new authorization allows the company to purchase an additional $75 million in common stock before December 31, 2019. […]

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Huntington Ingalls Increases Quarterly Dividend and Increases Share Repurchase Authorization

On November 5, Huntington Ingalls Industries (HII) announced that its Board of Directors increased the company’s quarterly dividend to $1.03 per share. This is an increase from $0.86 per share paid in each of the last four quarters. The Board of Directors also increased the company’s share repurchase authorization from $2.2 billion to $3.2. billion. […]

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Qorvo Authorizes $1 Billion Share Repurchase Program

On October 31, Qorvo (QRVO) reported that the company’s Board of Directors authorized a new $1 billion share repurchase program. The new program includes $117 million that was authorized in a prior repurchase program. Qorvo is a leading provider of innovative RF solutions.   Jet Equities issued an alert at 4:02 pm. The last trade […]

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Shenandoah Telecommunications Announces Higher Dividend and Share Repurchase Program

On October 30, Shenandoah Telecommunications Company (SHEN) made two important announcements from its Board of Directors. First, the company declares a cash dividend payout of $0.29 per share, which is a 7.4% increase over the company’s 2018 dividend. Second, the Board of Directors authorized an $80 million share repurchase program. It will commence on November […]

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Unisys Reports Third Quarter Results and Increases Annual Guidance

On October 29, Unisys Corporation (UIS) reported third quarter financial results. Total revenue grew 10.1% over the previous year. The company reaffirmed annual guidance for operating profit margin and adjusted EBITDA margin. They increased annual non-GAAP adjusted revenue guidance from between 2% and 5% over the previous year to between 3% and 7%.   Jet […]

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FDA Approves RedHill’s Talicia® Treatment for H. Pylori in Adults

RedHill Biopharma Ltd. (RDHL) reported on November 4 that the FDA approved Talicia® for the treatment of H. pylori in adults. H. pylori affects about 35% of the U.S. adult population, and Talicia® is the only FDA approved rifabutin-based therapy. It is designed to address the high and growing bacterial resistance and reduced efficacy of other drug […]

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TG Therapeutics Reports Positive UNITY-NHL Phase 2b Clinical Trial Results

On October 28, TG Therapeutics, Inc. (TGTX) reported positive results from the UNITY-NHL Phase 2b pivotal trial. The study evaluates umbralisib monotherapy in patients with relapsed/refractory follicular lymphoma. The Follicular Lymphoma cohort met the primary endpoint of 40-50% overall response rate (ORR). The therapy was well tolerated and had a safety profile consistent with previous […]

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