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Tom Frew

BP report $3bn Q3 profit

30 Oct 2014 @ 23:12
Down £0.7bn on Q3 2013 BP has reported its financial results for the third quarter of 2014. Underlying replacement cost profit for the quarter was $3.0 billion, compared with $3.7 billion for the same period in 2013. Operating cash flow for the quarter was $9.4 billion, compared with $6.3 billion in 3Q 2013. Total operating cash flow for the first nine months of 2014 was $25.5 billion. “BP’s...

Ferrex granted Environmental Permit for Nayega manganese mining

30 Oct 2014 @ 23:09
Nayega Manganese Environmental Permit Granted – Exploration Permits Extended Ferrex plc, the AIM quoted manganese and iron-ore development company focused in Africa, has announced that the Environmental Permit at the Nayega Manganese Project has been granted. The Project is located in northern Togo held through Societe Generale de Mines (SGM). The Environmental Permit sets the conditions...

FinnAust complete Kelkka Project Nickel Sulphide modelling

30 Oct 2014 @ 23:05
Kelkka Nickel Sulphide Project – Geophysical modelling completed, targets defined and drill programme designed and ready to drill FinnAust, the AIM listed exploration company with a multi-project copper, zinc and nickel portfolio in Finland and Austria, has completed of the modelling and drill design phase at its Kelkka Nickel Sulphide Project in South East Finland. Kelkka is located...

Plexus Holdings unveil Full Year results

30 Oct 2014 @ 22:59
Preliminary Results for the year to 30 June 2014 Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP method of wellhead engineering, announces its preliminary results for the year ending 30 June 2014. Financial Results: · Record revenue, EBITDA, profit before tax and profit after tax · 65.1% increase in profit after tax to £5.05m...

North American talks Louisiana oil

30 Oct 2014 @ 22:52
Operations Update for Shoats Creek Field, Louisiana North American Petroleum Plc, a company focussed on developing its interests in proven US onshore oil and gas formations, has provided an update on its 1,670 gross acre Shoats Creek Project, in Louisiana where NAP holds a 35%/26.25% working/net revenue interest alongside Northcote Energy (35% WI), and Springer Oil & Gas (30% WI). Shoats...

CareTrust REIT to acquire Cross Healthcare housing portfolio?

28 Oct 2014 @ 22:31
Yes, they are! CareTrust REIT (Nasdaq:CTRE) today announced that it has agreed to acquire a three-facility assisted living and memory care portfolio from Cross Healthcare, an assisted living and seniors housing operators. The Idaho portfolio includes 90 units and is being purchased for $12.0 million. The three facilities will be leased back to Cross affiliates under a triple-net master lease...

Xoom to launch Cross-Border Bill Pay

28 Oct 2014 @ 22:26
Xoom Corporation (Nasdaq:XOOM), a digital money transfer provider, will be introducing Xoom Bill Pay, a “cutting edge technology platform that facilitates cross-border bill payments, allowing people to pay their loved one’s bills online”. Xoom Bill Pay is scheduled to launch in November with cross-border bill pay to Mexico, Guatemala, El Salvador, Nicaragua and the Dominican...

BP and CGG to develop new Marine Seismic Source technology

28 Oct 2014 @ 22:21
Two global companies to collaborate on R&D to take offshore industry’s subsea imaging capability to the next level. BP and CGG today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology...

Ultragenyx granted orphan drug designation for Triheptanoin

27 Oct 2014 @ 20:31
For the Treatment of Glucose Transporter Type-1 Deficiency Syndrome Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development of novel products for rare and ultra-rare diseases, today announced that the FDA Office of Orphan Products Development has granted orphan drug designation for triheptanoin (UX007) for the treatment of glucose transporter...

SPAR Group expands Canadian operation

27 Oct 2014 @ 20:27
SPAR Group, Inc. (Nasdaq:SGRP), a supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced the expansion of its service offerings with Koodo and its parent company TELUS Communications Company in Canada. In a statement the company said: “Koodo is the smart and affordable Canadian mobile alternative. Launched in 2008...
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