Luxoft Acquires IntroPro For Undisclosed Sum

Luxoft Acquires IntroPro For Undisclosed Sum

Luxoft Holding, a provider of software development services, said Wednesday morning it acquired IntroPro, an engineering consultancy. Luxoft said this acquisition further deepens its vertical expertise and widens current offering for the wireless and cable / satellite providers. Financial terms of the acquisition weren’t disclosed. IntroPro generates over 90% of its revenue from the telecom/media sector, serving several blue chip clients based in North America.

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Sprouts Farmers Market Orders Improved Slightly Year on Year in Q4

Sprouts Farmers Market Orders Improved Slightly Year on Year in Q4

Sprouts Farmers Market has an improvement on orders/plan contrary to estimates of slight top-line deterioration, according to OTR Global. For FYQ416 orders were above plan for five of 14 (it was one of 15 in FYQ3). Orders improved slightly year-on-year especially in December, but seven of 11 suppliers said Sprouts contributed more on margin to discount aggressively. Upgrade to mixed. On Whole Foods Market (WFM), remain negative, OTR says. FYQ117 […]

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NanoString Technologies Gains

NanoString Technologies Gains

NanoString Technologies gained in morning trading on Wednesday, a day after the provider of life science tools said Humana has issued a positive coverage decision for the Prosigna Breast Cancer Gene Signature Assay. Shares were trading up 2.2% to $18.44 after touching $18.60 earlier in the session. Humana and its more than 13 million members join other payors now covering Prosigna, collectively representing more than 175 million covered lives throughout […]

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Exactech Sells Spine Assets to ChoiceSpine

Exactech Sells Spine Assets to ChoiceSpine

Exactech, a developer and producer of bone and joint restoration products for extremities, hip, knee and spine, said Wednesday it sold its spine asset to ChoiceSpine for an undisclosed sum after a decision to overhaul its Spine and Biologics business. The restructuring and losses on the impairment of Spine and Biologics assets, including goodwill and spine assets sold, will result in a pre-tax charge to 2016 earnings in the range […]

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