Contracts

Amazon.com Inc. (NASDAQ: AMZN) recently partnered with Marriott International Inc. (NYSE: MAR) to expand the presence of Amazon's Echo in the latter's hotel rooms by coming summer. This is a win-win deal that will give Amazon an edge over competitors and help maintain its supremacy in the...

Lockheed Martin Corp.'s (NYSE: LMT) Missile and Fire Control business division recently won a $364.6 million contract for Army Tactical Guided Missile and Launching Assembly Service Life Extension program. The deal was awarded under the domestic and foreign military sales program....

BlackBerry Ltd (NYSE: BB)’s non-GAAP revenue of $217 million and adjusted earnings per share of 3 cents beat $209.03 million and breakeven estimates, respectively. The stcok was trading up about 1.2 percent at $11.85 in Friday's pre-market session. Here are some of the other takeaways:...

General Dynamics Corp.'s (NYSE: GD) Electric Boat division recently secured a modification contract for economic ordering quantity material associated with the fiscal 2019-2023 Virginia class submarines. Work related to the deal is scheduled to be completed by January 2019....

NRG Energy Inc (NYSE: NRG) and Cypress Creek Renewables will jointly develop a 25 megawatt solar project in Texas. Per the agreement, Cypress Creek Renewables will develop and operate the project. The clean energy produced from the project will allow NRG Energy to cater to the demand of its...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk confirmed Tuesday that the company will terminate 9 percent of employees as part of a “difficult but necessary” reorganization. What Happened “Tesla has grown and evolved rapidly over the past several years, which has resulted in some...

Shares of Nano Dimension (NASDAQ: NNDM) gained more than 100 percent in value Monday morning in reaction to an encouraging development with the Department of Defense and other federal agencies.  What Happened Israel-based Nano Dimension said Monday that its American subsidiary achieved...

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling the Peaks (Stocks hitting 52-week highs on June 4) ABIOMED, Inc. (NASDAQ: ABMD) AngioDynamics, Inc. (NASDAQ: ANGO) Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) ASLAN PHARMACEUTICALS ADR REP 5...

Equinor ASA (NYSE: EQNR) associate company — Statoil Azerbaijan — has inked a Risk Service Agreement (RSA) with Azerbaijan's state oil company SOCAR. The agreement includes the appraisal and development of the Karabagh oilfield. The parties have also signed a Production Sharing...

Snap (NYSE: SNAP) recently partnered with ad tech firm, Tyroo to drive its ad monetization efforts in India. Although the terms of the deal were not disclosed, it is believed to be a revenue sharing arrangement between both the companies. Reportedly, Snap is bringing filters, the Stories platform...

United Technologies Corporation (NYSE: UTX)'s operating segment, Pratt & Whitney announced that it has been awarded a $2-billion contract for the 11th lot of F135 propulsion systems, which will support all three variants of the F-35 Lightning II aircraft. The latest contract intends to...

General Dynamics Corporation (NYSE: GD)'s business unit, Bath Iron Works (BIW), recently won a contract from the U.S. Navy to provide integrated planning yard services for DDG-51 and FFG-7 class ships. Work related to the deal is scheduled to be over by February 2019. Contract Details...

Newmont Mining Corporation (NYSE: NEM) has entered into a deal to sell its royalty portfolio to an emerging precious metals royalty and streaming company, Maverix Metals Inc. The strategic partnership will provide Newmont an ongoing exposure to Maverix's growing portfolio of 27 high-...

Public Service Enterprise Group Inc. (NYE:PEG) subsidiary Public Service Electric and Gas Company (PSE&G), recently got the regulatory go-ahead to start operations for the next phase of its Gas System Modernization Program (GSMP II). The approval for the multi-party settlement was granted by...

Shares of Cara Therapeutics Inc (NASDAQ: CARA) are surging to a three-month high in reaction to a licensing agreement the biotech company announced with Vifor Fresenius Medical Care Renal Pharma. What Happened Cara said it has licensed worldwide rights — except in the U.S., Japan and...