In the third quarter of 2013, billionaire investors and insiders were actively trading BCOR and XLS: The Internet company Blucora Inc. (BCOR
) is up 79% since January over 12 months. According to Bloomberg, the company’s Internet service called Infospace, a technology that gathers information and results from major search engines, benefited from the ad revenue brought in by new partners.
Exelis Inc., a global aerospace and communications company, is up 43% since January and is winning contracts. Last week Exelis reported that it had won a $20.6 million contract from General Atomics Aeronautical Systems Inc. of Poway, Calif., to produce 500 ejector racks for a U.S. Air Force remotely piloted aircraft, according to a company press release. Exelis also announced that one of its business units was recently selected to implement a communications system for the Australian Karratha Gas Plant. The system will be operational for 10 years, according to a company press release. Continue Reading »