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CUI

CUI Global

05:58
10/03/16
10/03
05:58
10/03/16
05:58

CUI Global awarded $40M 5-year framework agreement with NGT

CUI Global announced that its wholly-owned United Kingdom energy subsidiary, Orbital Gas Systems, has signed a Framework Agreement with National Grid Gas, or NGT. NGT owns the national natural gas transmission system in Great Britain, comprising approximately 7,600 kilometers of high pressure pipe and 26 compressor stations; connecting to eight distribution networks and to third party independent systems for onward transportation of gas to end users/consumers. The framework agreement will give Orbital the opportunity to provide goods and services worth over $40.0M during the five-year period. It will allow Orbital to provide services to NGT, including the supply of equipment such as the proprietary IRIS, GasPT, and VE Technology systems, as well as the provision of design, system integration, installation, technical support and training for a variety of other systems in the field of Gas Metering, Analysis and Telemetry.

  • 15

    Nov

CUI CUI Global

06/14/16
CHLM
06/14/16
NO CHANGE
Target $12
CHLM
Buy
CUI Global at Craig-Hallum
Craig-Hallum analyst Eric Stine recommends buying CUI Global on the pullback and expects further gas product momentum and improved results for the remainder of 2016 and into 2017 driven by increasing volumes from deliveries for Snam Rete's gas metering project. The analyst believes having Snam as a substantial reference customer is helping shorten the sales cycle for new orders and re-engage prior opportunities in the pipeline. Stine views CUI as an "under-the-radar investment" with a solid base business plus a "lottery ticket" with GasPTi and its other gas products and reiterates its Buy rating and $12 price target.
12/23/15
12/23/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Adaptimmune (ADAP) initiated with a Buy at SunTrust... Ambarella (AMBA) initiated with a Buy at Craig-Hallum... CUI Global (CUI) initiated with a Buy at Rodman & Renshaw... Epizyme (EPZM) initiated with a Buy at SunTrust... EyeGate (EYEG) initiated with a Buy at Chardan... Four Corners Property Trust (FCPT) initiated with an Outperform at JMP Securities... Magna (MGA) initiated with a Neutral at Susquehanna... Monogram Residential Trust (MORE) initiated with a Neutral at DA Davidson... New Residential (NRZ) initiated with an Outperform at JMP Securities... NewLink Genetics (NLNK) initiated with a Buy at SunTrust... Newfield Exploration (NFX) initiated with a Buy at Cantor... NexPoint Residential (NXRT) initiated with a Buy at DA Davidson... Oncothyreon (ONTY) assumed with a Buy at Jefferies... QEP Resources (QEP) initiated with a Buy at Cantor... SM Energy (SM) initiated with a Hold at Cantor... Spark Therapeutics (ONCE) initiated with a Neutral at Chardan.
12/23/15
RODM
12/23/15
INITIATION
Target $12
RODM
Buy
CUI Global initiated with a Buy at Rodman & Renshaw
Rodman & Renshaw analyst Amit Dayal started CUI Global with a Buy rating and $12 price target.

TODAY'S FREE FLY STORIES

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SYY

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GMS

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HVT

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CONG

Congatec

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TERP

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WDC

Western Digital

$63.85

1.76 (2.83%)

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  • 06

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General news
API crude inventories for week of December 2 »

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PAC

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WDC

Western Digital

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, SSNLF

Samsung

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  • 06

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BPMC

Blueprint Medicines

$28.43

-0.22 (-0.77%)

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BLUE

bluebird bio

$78.95

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  • 08

    Dec

AIRT

Air T

$17.85

-0.15 (-0.83%)

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AVT

Avnet

$46.69

0.86 (1.88%)

, HRB

H&R Block

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LOW

Lowe's

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WHR

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KO

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OHAI

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APDN

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  • 06

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Options
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ANTH

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  • 07

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PES

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$6.70

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BBG

Bill Barrett

$8.01

0.12 (1.52%)

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  • 07

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PLAY

Dave & Buster's

$48.00

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IIVI

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ALOG

Analogic

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16:23
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  • 06

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ANTH

Anthera

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  • 07

    Dec

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