Overnight Forex Wrap: USD/JPY Tumbles Some 50 pips Since London Open

Overnight Forex Wrap: USD/JPY Tumbles Some 50 pips Since London Open

USD/JPY has tumbled some 50 basis points since the London open, logging lows so far near 108.40. This brings back into scope the 108.33 low seen in the early Asia-Pacific session. Dollar weakness and safe-haven demand for the yen are driving the move. North Korea has escalated tensions by launching a missile over Japan, which comes with shaky political situation in Washington D.C., and as markets try to assess the […]

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Koninklijke Philips Wins Order

Koninklijke Philips Wins Order

Koninklijke Philips, a Dutch health technology company, said on Tuesday it signed an agreement for Lakeland Health to install its Philips IntelliVue Guardian Solution at all three of Lakeland’s hospitals. The Philips IntelliVue Guardian Solution is designed to aid clinicians in the early detection of subtle signs of patient deterioration in the general care ward, Phillips said. The latest version of Philips IntelliVue Guardian software has been available in the […]

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Dynasil of America Unit Wins Grants

Dynasil of America Unit Wins Grants

Dynasil of America, a maker of detection, sensing and analysis technologies, said Thursday that its contract research subsidiary, RMD, Inc., has received two phase 2 grants totaling $2.1 million under the National Institute of Health and NASA’s Small Business Innovation Research and Small Business Technology Transfer Programs. The grants cover the development of a new PET imaging beta probe intended for rapid localization of cancer lesions, and a radiation tolerant, […]

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Asian ADRs Trading Lower

Asian ADRs Trading Lower

American depository receipts of Asian stocks were trading 0.70% lower at 159.64 on the Bank of New York Mellon Asia ADR Index on Thursday. In North Asia, the gainers were led by biopharmaceutical company Beigene (BGNE), which jumped 21%, followed by B2B platform JMU Limited (JMU), which rose 3.6%. Diagnostic imaging centers company Concord Medical Services (CCM), and China Online Education (COE), a provider of English language education services in […]

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Leidos Awarded Defense Logistics Agency Contract

Leidos Awarded Defense Logistics Agency Contract

Engineering company Leidos Holdings, said Wednesday it has been awarded one of the indefinite-delivery/indefinite-quantity contracts from the Defense Logistics Agency (DLA) to support the J6 Enterprise Technology Services (JETS) program. The contract has a five-year base period of performance, one three-year option, and a total contract ceiling of $6 billion if the option is exercised. Work will be performed primarily in the Northern Virginia, and the Washington, D.C. metro area. […]

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