Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
British multinational defence, security and aerospace firm BAE Sytems (LON: BA) said that the US Air Force has awarded the company a five-year contract worth $66.6 million.
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The NYSE has reversed its decision once again and will delist three Chinese telecom giants after new guidance from the Treasury Department.
The NYSE announced on Thursday it will remove US-traded shares of China Telecom, China Mobile and China Unicom to comply with an executive order signed by President Donald Trump.
Gentron shares are up 26.51% at $17.35 after the company announced an exclusive strategic partnership agreement with Chia Tai Tianqing Pharmaceutical Group Co., Ltd, a subsidiary of Sino Biopharmaceutical Limited for HCCscreen™, Genetron Health’s blood-based early screening test for hepatocellular carcinoma in China.
Under the agreement, the companies will work together exclusively to co-market and co-promote HCCscreen™ in the hospital market, covering designated territories in China.
TAT Technologies Ltd. (NASDAQ: TATT), a provider of products and services to the commercial and military aerospace and ground defence industries, has seen its shares rally after hours to $7.06, +37.84% after it announced that its fully owned subsidiary, TAT Piedmont Aviation, and Honeywell International, have entered into a 10-year agreement for an exclusive worldwide Auxiliary Power Unit (APU) rental services for OEM authorized GTCP331-500 engine.
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Today, shares of IQ-AI Ltd (LON: IQAI) rallied 14.9% despite the lack of major announcements from the imaging biometrics company as buyers stepped in to defend a key support level again.
Headlam Group (LON: HEAD) rose over 6% on Wednesday morning after the company said its operations in the UK and Europe will remain open during the lockdown periods.
The UK based flooring company intends to continue operating from all of its sites, providing a nationwide delivery service chain, collection service, and ongoing customer support through the periods.
Headlam said it will also continue to purchase product throughout the lockdown, while it has worked closely with suppliers to ensure continued product flow from the EU following Brexit.
Headlam Group shares are currently trading 5.6% higher at 378p per share after closing Tuesday’s session at 358p.
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