There is a problem brewing in the RRF acquisition program, however.
The first real jump in the stock occurred in early Oct 2011 when Merck gave back the anti-HGF program unexpectedly after their acquisition of Schering Plough.
Driven by government-wide budget cuts, this reduction is expected to primarily affect acquisition planning, IT system development and program management contracts.
While most demo days in Silicon Valley feature young entrepreneurs worrying about problems like customer acquisition, the participants in The Last Mile program have other hard realities to think about.
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But 25% of the increase is traceable to changes in the way the government projects future costs in a program where the vast preponderance of acquisition costs still lie in the future.
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Management support services include acquisition planning, information technology systems development, and program management.
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The board of directors also restarted its stock repurchase program after suspending it last year due to the Minefinders acquisition bid.
The company is expecting growth for the rest of the year due to its worldwide drilling program and 312, 000 new acres it purchased in the Anadarko Basin through the acquisition of Cordillera Energy Partners III in May.
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One idea behind the program is to "work with groups you wouldn't ordinarily work with through the course of your week, " says Lars Schmidt, NPR's senior director of talent acquisition and innovation, who says in past sessions he has helped develop a new social-media training program for staff.
It will probably buy back at least some of its shares as part of a buyback program announced last fall, but it would perhaps be best to simply sit and wait for the right acquisition candidate to come along.
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