Jacobs Wins Rail Microgrid Project

Jacobs Wins Rail Microgrid Project

Jacobs Engineering Group, a professional services firm, said Wednesday that it has been selected by NJ Transit to provide design and general engineering services for its microgrid project. Under the terms of the deal, the company will provide owners with engineering services including regulatory and economic advisory services, conceptual and preliminary design, procurement support, contract packaging and construction assistance. The $577 million NJ TRANSITGRID project aims to implement a microgrid […]

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Dollar Extends Year-End Gains

Dollar Extends Year-End Gains

The risk-on trade that elevated the dollar for the last two months of 2016 was in full swing at the start of the year as a rally in U.S. stock futures drove the dollar to a twelve-day high of 118.34 against the yen during the European session. USD/JPY was moving sideways at 117.35 during the Asian session with Japan closed on Tuesday, but sprang to life soon after the London […]

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Taser Win Multiple Large Orders

Taser Win Multiple Large Orders

TASER International said Thursday that its Axon unit, a provider of digital evidence management solutions with the body-worn cameras, has received multiple large orders of its body-worn video cameras and digital evidence management solution, Evidence.com. These orders were received in Q4 2016 and will be shipped this year and in Q1 og 2017. Significant orders were received from domestic agencies in Virginia, Texas, Florida, Tennessee, North Carolina, Colorado, Louisiana, Utah, […]

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European Stocks Little Changed

European Stocks Little Changed

European stocks were little changed following a mixed session in Asia in muted, holiday-season trading and as the Dow Jones Industrial Average again failed to breach the 20,000 handle. The FTSE 100 in London rose, benefiting from gain in basic-resources shares. The pan-European STOXX 600 index was flat and the euro-region blue-chip STOXX 50 index was also little moved. The miner-heavy FTSE 100 in London was up 0.2% when trading […]

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Tech Stocks Starting to Trim Prior Losses

Tech Stocks Starting to Trim Prior Losses

Technology stocks were moderately lower Thursday afternoon, with shares of tech companies in the S&P 500 losing about 0.3% today. In company news, Renren (RENN) raced higher Thursday after saying it has formed a special board committee to review a preliminary, non-binding purchase offer from the Chinese social networking company’s founder and former CEO for its woxiu.com video networking platform following an upcoming planned spinoff into a stand-alone company. The […]

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