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Stock Market & Financial Investment News

News Breaks
March 1, 2013
17:28 EDTCUBCubic awarded U.S. Navy contracts valued up to $298.5M
Cubic Corporation announced that it has received three prime contracts from Naval Air Warfare Center Training Systems Division to develop instructor-led and instructor facilitated self-paced courseware in support of the Littoral Combat Ship Train to Qualify and Train to Certify shore-based training requirements for both variants of the Littoral Combat Ship, and for the Mission Packages utilized on both ships. If fully funded, the three indefinite delivery, indefinite quantity contracts have the potential value of up to $298.5M over the five-year period-of-performance.
News For CUB From The Last 14 Days
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July 26, 2015
13:51 EDTCUBCubic shares may jump 25%, Barron's says
Year-to-date declines in Cubic shares have created a "potential opportunity" for traders and the stock could advance 25%, Barron's contends in a feature article, citing rising urbanization and the need for cities and governments to upgrade the public transportation ticketing products made by the company. The publication also notes that Cubic "could pique the interest of an activist investor." Reference Link

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