Newsletter

La Jolla Pharmaceutical Announces Positive Phase 2 Results of LJPC-401

On June 6, La Jolla Pharmaceutical Company (LJPC) announced positive clinical trial results from its Phase 2 study of LJPC-401. This was a pre-specified interim analysis of its synthetic human hepcidin in patients with hereditary hemochromatosis (HH). Patients experienced statistically significant efficacy levels and tolerated the drug well.   Jet Equities detected the news event […]

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Emergent BioSolutions Receives 10-Year U.S. Government Contract

Emergent BioSolutions Inc. (EBS) announced on June 3 that the company received a 10-year contract with the U.S. Department of Health and Human Services. Under the terms of the contract, Emergent BioSolutions will provide a continuous supply of Vaccinia Immune Globulin Intravenous (VIGIV) over the next ten years for $535 million. VIGIC is the only […]

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Secoo Signs Contract to Offer Products from The Prada Group

Secoo Holding Limited (SECO) announced on May 28 that the company entered a contract with Prada. Secoo is Asia’s largest online integrated retailer of upscale products and services. The contract allows Secoo to sell Prada and Miu Miu, brands both owned by The Prada Group, in both its online and offline shopping centers.   Jet […]

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Kratos Awarded $4.9 Million Contract with U.S. Army

Kratos Defense & Security Solutions, Inc. (KTOS) announced on May 15 that the company’s Defense and Rocket Support Services division received a contract with the U.S. Army. The $2.2 million base contract is for the development of a Tethered High-power-microwave Recorder and Electronic Attack Threat (THREAT) system. The system will be employed at the Test […]

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AMSC Awarded Contract with Ingalls Shipbuilding

On May 13, AMSC (AMSC) announced that the company received a contract award from Huntington Ingalls Industries through its Ingalls Shipbuilding division. Under the terms of the contract, AMSC will provide a high temperature conductor-based ship protection system for the San Antonio class of amphibious transport dock ship. The system reduces the magnetic signature of the […]

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Mercer International Announces Dividend Increase and Stock Repurchase Program

On May 2, Mercer International Inc. (MERC) made two big announcements for shareholders. First, the Board of Directors authorized a 10% increase in the company’s quarterly dividend. Shareholders of record on June 24 will receive a dividend of $.1375 per share on July 3.  Second, the Board of Directors authorized a new $50 million share […]

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Apollo Funds Acquires Smart and Final Stores

On April 16, Smart & Final Stores, Inc. (SFS) announced that the company would merge with certain funds managed by Apollo Global Management, LLC (APO). Smart & Final is a leading value-oriented food and everyday staples retailer. Apollo Funds is a leading global alternative investment manager. Under the terms of the agreements, Apollo Funds will […]

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Jacobs Awarded $610 Million FEMA Contract

On April 16, Jacobs reported that the U.S. Department of Homeland Security awarded the company a contract for the continued support of FEMA. Along with FEMA personnel, Jacobs will support the post-disaster response and recovery mission for debris removal, protective measures, and restoration and recovery of damaged property. The contract has an estimated ceiling value […]

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