Author: Steven Adams

SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

Sonic Automotive (SAH) recently updated investors with information on the return of customers after the COVID-19 shutdown. The company previously announced that it would be working to reduce costs during the pandemic, to address cash flow needs.  On the cost reduction front, management reported SAH has now cut $7 million in expenses per month, and […]

HUM Subsidiary Announces Expansion Plans to Launch 20 More Care Facilities

HUM Subsidiary Announces Expansion Plans to Launch 20 More Care Facilities

Humana (HUM) subsidiary, Partners in Primary Care, has embarked on a major expansion that will roll out over three years, and includes bringing online 20 additional care facilities in the first year. Commenting on the expansion plans, was Renee Buckingham, Humana Care Delivery Organization president, “We’re thrilled to see the communities we serve continue to […]

PLUG Stock Price Jumps on Revenue Projection Increase

PLUG Stock Price Jumps on Revenue Projection Increase

Plug Power (PLUG) leapt higher in trading Tuesday, approaching levels the stock last saw in 2014, as the company announced the completion of two acquisitions and raised financial targets going forward.  PLUG said it had completed acquisitions of United Hydrogen Group, Inc. and Giner ELX.  In a press release, the company said these acquisitions “enhance […]

MSI Looks to Be Part of the Infrastructure Deal on Capitol Hill

MSI Looks to Be Part of the Infrastructure Deal on Capitol Hill

As infrastructure spending comes back on the radar in a big way with the current negotiations on Capitol Hill, Motorola Solutions (MSI) has introduced an end-to-end communications solution for critical infrastructure needs. Speaking on the need for protected, private broadband networks in critical infrastructure operations, Bobbi Harris, Head of Membership Engagement at the Utility Broadband […]

Hartford Insurance Group (HIG) Extends Partnership With AARP

Hartford Insurance Group (HIG) Extends Partnership With AARP

Hartford Insurance Group (HIG) has announced a major extension of its partnership with AARP, providing home and automobile insurance to AARP members. The extension of the HIG partnership will now run through January 1, 2033. AARP has over 38 million members who can access insurance with Hartford through the program.  HIG president, Doug Eliot, commenting […]

Moderna (MRNA) Given 75% Probability to Develop COVID-19 Vaccine

Moderna (MRNA) Given 75% Probability to Develop COVID-19 Vaccine

Moderna’s (MRNA) stock has given investors heartburn recently. Moderna first announced promising news related to a COVID-19 vaccine in mid-May. After the news sent MRNA skyward, the company announced it would be doing a secondary offering, in an attempt to raise just over $1.3 billion. Then, a few days later, vaccine experts started questioning MRNA’s […]