Stock Update: JBT Corporation (NYSE:JBT), Mobileiron Inc (NASDAQ:MOBL), MGM Resorts International (NYSE:MGM)
Dallas, Texas, 10/02/2014 (ustrademedia) – JBT Corporation (NYSE:JBT), a provider of technology solutions for the food processing and air transportation industries, has bagged a $6 million deal to provide airside gate equipment for the expansion of Terminal 3 at the Cancun, Mexico international airport and as retrofit components for existing gates. The orders include Jetway boarding bridges, 400 Hz Jetpower ground power devices, and JetAire pre-conditioned air units. This new order is an extension to the 20 boarding bridges that were already deployed at Cancun. JBT won the contracts from Oversys LLC. According to the company, the supply of the equipment would start by third quarter of 2015.
Mobileiron Inc (NASDAQ:MOBL) is partnering with CSC (NYSE:CSC) to integrate its MobileIron Cloud enterprise mobility management solution to build mobile apps for civil servants, warfighters, and citizens. Under the new agreement, the companies will create solutions to support federal government’s mobile initiatives. The deal will leverage MobileIron’s cloud platform to provide users with managed, secure and instant access to enterprise data on the device of choice such as iOS and Android devices.
MGM Resorts International (NYSE:MGM) and AEG have announced a bank facility worth $200 million to help fund the construction of a new arena, which is situated on the west side of the Las Vegas Strip. The strip is between New York-New York and Monte Carlo resorts. The new 20,000-seat privately-funded arena is worth $375 million is currently under construction. Jointly owned by MGM and AEG, the new arena is expected to host more than 100 events on an annual basis, and will boast 50 luxury suites, over two dozen private loge boxes and other exclusive hospitality offerings. In addition, the arena is designed to meet the U.S. Green Building Council’s standards for LEED Gold Certification. The new arena is planned for debut in the spring of 2016.