On Track Innovations Forms Strategic Partnership

On Track Innovations Forms Strategic Partnership

On Track Innovations Ltd said Tuesday that that it has formed a new strategic partnership with 365 Retail Market to provide cashless payment solutions for MicroMarkets, a self-service convenience variety store concept. Based in the U.S., 365 Retail Markets is a provider of self-service technologies. “The partnership with 365 Retail Markets shows how OTI is committed to increasing its presence and activities in the US market,” said CEO Shlomi Cohen. […]

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Granite Wins $59 Mln Airport Project in Los Angeles

Granite Wins $59 Mln Airport Project in Los Angeles

Granite Construction, a heavy civil contractor, said pre-market Wednesday that it was awarded a $59 million sub-contract from the Turner/PCL Joint Venture. The sub-contract is for the “Midfield Satellite Concourse North Project” at the Los Angeles International Airport (LAX) in California. Approximately $16 million was booked into backlog in Q4 2016 and $43 million in Q1 2107.The $1.6 billion “Midfield Satellite Concourse Project” will expand LAX’s capacity to serve international […]

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Assured Guaranty Beats on Q4 Results

Assured Guaranty Beats on Q4 Results

Shares of Assured Guaranty set an all-time high of $42.94 on Friday after the company reported late Thursday Q4 earnings and revenues that were better-than-expected. After the close on Thursday, the insurance company reported non-GAAP EPS of $1.05, up from $0.92 last year, and above the Capital IQ consensus estimate of $0.68 per share. On a GAAP basis, the company earned $1.49 per share, down from $3.03 per share for […]

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Laredo Petroleum’s Q4 Results Top Expectations

Laredo Petroleum’s Q4 Results Top Expectations

Laredo Petroleum rose 0.9% in Thursday’s late morning trade after the company reported financial results for Q4, with better-than-expected earnings and revenue; it also provided production guidance for fiscal 2017. The independent energy company posted adjusted earnings of $0.16 per share, compared with the prior-year period’s $0.06 per share. Analysts polled by Capital IQ were expecting EPS of $0.15. Revenue was $184.3 million, up from $123.3 million in the same […]

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Stocks Stay Positive as Oil Reaches 15-Month High, Bank Earnings Beat Expectations

Stocks Stay Positive as Oil Reaches 15-Month High, Bank Earnings Beat Expectations

Stocks closed modestly higher for a second consecutive day, buoyed by a 15-month high in brent crude oil and positive quarterly earnings from the financial sector. Oil raced higher mid-morning on the combination of remarks from the Saudi oil minister regarding production cuts and an unexpected drop in inventory levels. As a result, West Texas intermediate gained 2.25% on the futures market, while brent was up 1.7%. The banking sector […]

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