Author: Steven Adams

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Hartford Insurance Group Issues New Rules on How Coronavirus Claims Will Be Processed

As companies face unprecedented levels of uncertainty while coronavirus cases continue to rise in the United States, many individuals are turning to their financial advisors or insurance companies for guidance. These companies are playing a key role in providing information on everything from small business operations, to recommendations on how to prevent the spread of […]

Motorola Solutions to Open Location in Florida Despite Ongoing Contract Dispute With that State

Motorola Solutions to Open Location in Florida Despite Ongoing Contract Dispute With that State

Motorola Solutions (MSI) is preparing for life post coronavirus, by opening a brand new customer Experience Center showcasing its latest technology.  The company announced the new center will open in Florida, coinciding with an expansion of business in the state, and the opening of a new office in Fort Lauderdale. Scott Adler, Motorola Solutions VP […]

Humana Announces Free Telemedicine for 90 Days in Response to Coronavirus Spread

Humana Announces Free Telemedicine for 90 Days in Response to Coronavirus Spread

As part of its response to the coronavirus threat, Humana (HUM) announced Monday a number of measures designed to ensure its customers receive timely and affordable care.  Humana Chief Medical Officer, Dr. William Shrank, sought to allay financial fears of those who may contract the disease, stating, “Effective immediately, we are waiving the out-of-pocket costs […]

Coronavirus Hits Stanley Black & Decker Supply Chain

Coronavirus Hits Stanley Black & Decker Supply Chain

Stanley Black & Decker (SWK) has said the coronavirus in China is impacting its supply chain, and may delay the roll out of new products this spring. The company’s China production operations account for around 40% of their overall production, with the company spending around $2.5 billion on sourcing there. Stanley CFO, Donald Allan, told […]

Motorola Solutions Awarded $765 Million in Judgment Against Chinese Firm for IP Theft

Motorola Solutions Awarded $765 Million in Judgment Against Chinese Firm for IP Theft

Motorola Solutions (MSI) has won a major decision against China based Hytera Communications, but the legal battle between the two companies continues. Almost three years after Motorola’s initial complaint against their Chinese counterpart, a federal court in Chicago has awarded Motorola almost $765 million.  The award is a combination of compensatory damages, at $345.8 million, […]

Store Capital Beats FFO Estimates

Store Capital Beats FFO Estimates

Store Capital (STOR) announced earnings February 20th, with total revenue of $173.5 million for the fourth quarter. This brought total revenue for all of 2019 to $665.7 million.  Christopher Volk, Store Capital CEO, noted the company, “Delivered another year of record investment volume in 2019, reflecting our ongoing success in addressing our large market.” In […]

Vulcan Materials Reports 15% Year-Over-Year Growth

Vulcan Materials Reports 15% Year-Over-Year Growth

Vulcan Materials (VMC) has reported fourth quarter earnings, delivering 15% year-over-year growth. In the current low interest, global slowing environment, earnings were aided by a surprising development. Rising prices. The Asphalt and Aggregates company was able to improve its pricing power, which dropped directly to the bottom line. Tom Hill, Vulcan Chairman and CEO stated, […]