Premier Secures Multi-Year Services Deal

Premier Secures Multi-Year Services Deal

Premier, a healthcare improvement company, said Wednesday that it has been selected by the University Health System, a teaching hospital and network of outpatient healthcare centers in San Antonio, Texas, to provide broad-based supply chain, clinical and financial analytics and services. United Health signed a multi-year agreement for access to Premier’s enterprise-wide services, including supply chain and group purchasing services, as well as the PremierConnect performance improvement platform. Financial terms […]

Read More ˃
Quanta Services to Provide EPC Solutions

Quanta Services to Provide EPC Solutions

Quanta Services said Monday it has been selected by American Electric Power (AEP) to provide engineering, procurement and construction (EPC) solutions for the Wind Catcher Generation Tie Line. The anticipated contract value of the project makes it the largest project award in Quanta’s history, the company said, without providing financial details. Quanta has yet to determine whether the project will be included in its Q3 backlog. The Wind Catcher Tie […]

Read More ˃
Eltek Wins Order

Eltek Wins Order

Eltek, a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, said Monday that it received an order from an unnamed governmental authority for a project that includes, among other things, manufacturing and procurement in an amount of up to about $3 million. The execution of the project will extend over a period of two years, during which Eltek will be required to meet […]

Read More ˃
PC Shipments Slump in Second Quarter

PC Shipments Slump in Second Quarter

Personal computer sales worldwide continued to fall during the April-to-June fiscal period, dropping 4.3% compared with year-ago levels to 61.1 million units, marking the 11th consecutive quarter global sales have declined, preliminary results compiled by Gartner Inc (IT) have indicated. Shipment volume during the three months ended June 30 was the lowest quarter since 2007. Rising prices caught some of the blame for the ongoing slump, the technology analysis shop […]

Read More ˃
Lexmark International Names Ying Liu as CFO

Lexmark International Names Ying Liu as CFO

Lexmark International, a manufacturer of laser printers and imaging products, has named Ying (Vivian) Liu as chief financial officer, effective July 6. Liu joins Lexmark from Huawei Technology Inc. where she has served as vice president of finance, enterprise BG, since November 2016. Prior to joining Huawei, Liu spent eight years in finance positions with Cisco Systems (CSCO), most recently as director of finance, U.S. enterprise segment sales and service. […]

Read More ˃
Health Care Stocks Finishing Slightly Positive

Health Care Stocks Finishing Slightly Positive

Health care stocks were slightly higher today, with the NYSE Health Care Index rising over 0.1% while shares of health care companies in the S&P 500 were up almost 0.3% as a group. In company news, Regeneron Pharmaceuticals (REGN) declined Friday, at one point falling over 3.5% to a session low of $491.87 a share despite analysts at BTIG Research today raising their price target for the drugmaker’s stock by […]

Read More ˃
Methode Electronics Fiscal Q4 Profit Misses Street Mark, Beats on Revenues

Methode Electronics Fiscal Q4 Profit Misses Street Mark, Beats on Revenues

Methode Electronics, a manufacturer of component and subsystems devices, reported Thursday fiscal Q4 net income of $0.62 per share, up from $0.61 per share in the prior year period but came in lower than the $0.64 per share Street estimate provided by Capital IQ. Revenues for the quarter ended April 29 were $219.7 million, up from $212.8 million reported for the same period last year and higher than the $214.4 […]

Read More ˃