Archive for May 13th, 2014

Turkish Airlines opens new gateway in Boston

13 May 2014Turkish Airlines said it has opened a new gateway at Logan International Airport (BOS) in Boston, Massachusetts.The carrier now operates six gateways in the United States: New York; Los Angeles; Chicago; Houston; Washington, D.C.; and Boston.For the first […]

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Exelis gets USD8.4m contract to supply special-purpose transmitter to Lockheed Martin

13 May 2014

Exelis (NYSE: XLS) said it has received a follow-on contract valued at USD8.4m from Lockheed Martin Aeronautics Company (NYSE: LMT) to supply continuous wave illuminator subsystems

Gogo quarterly revenue up 35% to USD95.7m

13 May 2014

For its first quarter of 2014, ended March 31, Gogo Inc. (NASDAQ: GOGO) reported record revenue of USD95.7m, up 35 percent year-over-year.

Adjusted EBITDA for Q1 2014

F5 extends OpenStack capabilities

F5 Networks (NASDAQ: FFIV) said it has announced extended capabilities for OpenStack public, private, and hybrid cloud solutions, allowing customers to deploy and orchestrate F5 application delivery services

Alaska Air Group authorizes USD650m buyback program

13 May 2014

The board of directors of Alaska Air Group (NYSE: ALK) said it has approved a share repurchase program authorizing the company to buy back up to

Ernst and Young signs agreement with Pegasystems

Pegasystems Inc. (NASDAQ: PEGA) said that it has signed an alliance agreement with Ernst and Young LLP that expands their existing relationship and helps accelerate collaborative efforts in

Solera Holdings plans acquisition of Pittsburgh Glass Works division

Solera Holdings, Inc. (NYSE: SLH) said that it has signed a definitive agreement to acquire the insurance and services division of Pittsburgh Glass Works, LLC.

The acquisition is subject

Boeing, Embraer plan sustainable aviation biofuel research centre

13 May 2014

Boeing (NYSE: BA) and Embraer S.A. (NYSE: ERJ) said that they will open a joint research centre to advance a sustainable aviation biofuel industry in Brazil.

Under

House Prices fall to record levels.

Ireland Expects Number of Repossessed Houses to Grow

Financial experts in Ireland are worried that the country's financial crisis will lead to a spike in the number of repossessed houses in that country. Repossessions have remained

Prairie Band Casino and Resort chooses Agilysys solution

Agilysys, Inc. (NASDAQ: AGYS) said that Prairie Band Casino and Resort in Mayetta, Kan., has selected a comprehensive software suite from Agilysys, including solutions for property management, point-of-sale

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