Tetra Tech Awarded Support Contract

Tetra Tech Awarded Support Contract

Tetra Tech has been awarded a contract witht the Federal Aviation Administration’s (FAA) Office of Security and Hazardous Materials Safety (ASH) for a maximum cumulative ceiling value of $77 million for ASH III Program Support Services. Under the terms of the deal, Tetra Tech will provide ASH with cybersecurity services as well as help to manage FAA hazardous materials tracking systems. Tetra Tech will also offer technical services related to […]

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Trump Back on the Offensive on Twitter

Trump Back on the Offensive on Twitter

The following are excerpts of his tweets overnight: “China just agreed that the U.S. will be allowed to sell beef, and other major products, into China once again. This is REAL news! When James Clapper himself, and virtually everyone else with knowledge of the witch hunt, says there is no collusion, when does it end? James Comey better hope that there are no “tapes” of our conversations before he starts […]

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Royal Bank Scotland Responds to Financial Conduct Authority in U.K.

Royal Bank Scotland Responds to Financial Conduct Authority in U.K.

The Royal Bank Scotland (RBS) said Friday it responded to the U.K.’s Financial Conduct Authority with regard to media speculation that highlighted an alleged money laundering scheme involving Russian entities between 2010 and 2014. ADRs climbed more than 1% intraday. “Allegedly certain European banks, including 17 UK based financial institutions, and certain U.S. banks, were involved in processing certain transactions associated with this scheme,” the lender said in a Form […]

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Halozyme Therapeutics Q4 Loss, Revenues Top Views

Halozyme Therapeutics Q4 Loss, Revenues Top Views

Halozyme Therapeutics (HALO), a biotechnology company developing cancer treatments, posted a narrower-than expected loss per share for Q4. The net loss was $0.21 per share, compared with earnings per share of $0.03 in the same quarter a year earlier. Analysts in a Capital IQ poll expected loss per share of $0.30 on average. Revenue in Q4 was $39.0 million compared with $52.2 million for the fourth quarter of 2015. That’s […]

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Good News Keeps Rolling in For Equity Bulls Optimistic About Trump’s Plan

Good News Keeps Rolling in For Equity Bulls Optimistic About Trump’s Plan

Equity bulls have received a lot of good news in the past 12 to 18 hours — data shows grwoth remains strong as German inflation, China manufacturing, PMI and ISM data all were positive, JPMorgan said in a midday note on Wednesday. The Fed is reflecting the data with members making hawkish comments, which points to an increase in optimism that the FOMC will raise rates in March rather than […]

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Man Group Posts 2016 Loss on Fee Decline, Writedowns

Man Group Posts 2016 Loss on Fee Decline, Writedowns

Man Group (EMG.L), a UK hedge fund manager, posted a pretax loss for 2016 after a profit in the previous year as “unforgiving” market conditions in the first nine months eroded performance fee revenue and the company took impairment charges at some of its funds. Statutory loss before tax was $272 million in 2016 compared with pretax profit of $184 million in 2015, the company said on Wednesday on its […]

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McDonald’s Rises 1% Off Halt After Co Unveils Global Growth Plan

McDonald’s Rises 1% Off Halt After Co Unveils Global Growth Plan

Shares of McDonald’s (MCD), which were halted earlier, climbed more than 1% after CEO Steve Easterbrook and members of the senior management team detailed the company’s long-term global growth plan at an investor day event in downtown Chicago. The company said in a statement on Wednesday its growth plan focuses on enhancing digital capabilities and the use of technology to substantially elevate customer experience while redefining convenience through product delivery. […]

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