Author: Steven Adams

Stanley Black and Decker in Talks to Acquire Consolidated Aerospace Manufacturing to Boost Aerospace Revenues

Stanley Black and Decker in Talks to Acquire Consolidated Aerospace Manufacturing to Boost Aerospace Revenues

In a move to boost exposure to the aerospace industry, Stanley Black and Decker (SWK) is reportedly in talks to purchase Consolidated Aerospace Manufacturing, LLC (CAM), a privately held fasteners, fittings, and engineered products manufacturer.  Stanley has apparently been very aggressive in the bidding process, outbidding other private equity firms for the CAM operations. Speculation […]

Simulations Plus Up 7% After Beating Earnings Forecast

Simulations Plus Up 7% After Beating Earnings Forecast

After releasing its Q1 2020 earnings report last week, the stock price of Simulations Plus (SLP) jumped higher. The company beat analyst forecasts by $0.02, with earnings coming in at $0.11 per share versus estimates of $0.09. In the conference call following the earnings release, CEO Shawn O’Connor detailed the excellent quarter and shed some […]

Hartford Insurance Group (HIG) Bans Insuring and Investing in Coal Related Businesses

Hartford Insurance Group (HIG) Bans Insuring and Investing in Coal Related Businesses

The Hartford Insurance Group (HIG) has joined a rising chorus of insurance and reinsurance companies who are hitting back against climate change by boycotting coal miners and tar sands oil extraction companies.  Hartford cited “extreme weather” caused by climate change and global warming as the reason for the decision to divest holdings and cease doing […]

Humana Advances Digital Strategy with Enclara Acquisition

Humana Advances Digital Strategy with Enclara Acquisition

Humana (HUM) made history earlier this year when in April the health insurer was the first to join the Consumer Technology Association (CTA). The Association is composed of companies like Microsoft (MSFT), Fitbit (FIT) (soon to be acquired by Google (GOOGL)), and Apple (AAPL).  The membership was a logical next step after the company founded […]

Sonic Automotive To Bring EchoPark Brand to Atlanta In 2020

Sonic Automotive To Bring EchoPark Brand to Atlanta In 2020

Sonic Automotive (SAH) is driving hard into the used car market with its EchoPark line of stand-alone retail used car stores.  Just two days after a new EchoPark opened its doors in Long Beach, California earlier this week, the company has announced plans to build its eleventh dealership in Atlanta. This marks the company’s first […]