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Tom Frew

Penns Woods Bancorp announces stock repurchase program

15 Apr 2014 @ 22:15
The $1.2 billion parent company of Luzerne Bank and Jersey Shore State Bank Richard A. Grafmyre, President and CEO of Penns Woods Bancorp, Inc., (Nasdaq:PWOD) has announced that the Company’s Board of Directors has authorized the repurchase of 10% of the outstanding shares of the Company. The repurchase plan is for a one year period and allows for the repurchase of up to 482,000 shares...
 

Europa Oil & Gas issue interim results

15 Apr 2014 @ 22:11
Revenue £2.1m (H1 2013: £2.2m) Europa Oil & Gas (Holdings), an AIM listed oil and gas exploration and production company with a combination of producing, appraisal and exploration assets in Europe, announces its interim results for the six month period ended 31 January 2014. Highlights: * Béarn des Gaves permit onshore France renewed * Acquired 3-D seismic offshore Ireland * Produced 170...
 

BP Bulwer Island Refinery processing to halt

15 Apr 2014 @ 22:04
“By mid-2015″ BP has announced that it intends to halt refining operations at its 102,000 barrels per day (bpd) Bulwer Island refinery in Brisbane, Queensland by mid-2015. Andy Holmes, President of BP Australasia, said that the growth of very large refineries in the Asia-Pacific region was driving structural change within the fuels supply chain in Australia and putting huge...
 

Samsung and Pattern energy complete Canada's largest wind project

14 Apr 2014 @ 19:57
Project is delivered on schedule and on budget despite record-breaking winter conditions The largest wind project in Canada is now up and running. Samsung Renewable Energy, Inc. (Samsung) and Pattern Energy Group Inc. (Nasdaq:PEGI) (TSX:PEG) (Pattern Energy) today announced its South Kent Wind project has completed construction and is fully operational. The 270 megawatt (MW) South Kent Wind...
 

Mpokoto study shows strong returns, says Armadale

14 Apr 2014 @ 12:11
A scoping study shows Mpokoto is an attractive gold development project with highly attractive returns, Armadale Capital says. Armadale – which has the right to an 80% interest in the project in the Democratic Republic of Congo – says it is now focussed on advancing Mpokoto to the next stage of its development before targeting commercial gold production. Highlights: – Mpokoto...
 

Savannah to acquire Gentor's Oman copper projects

14 Apr 2014 @ 12:09
Savannah Resources has agreed to acquire interests in the highly prospective Block 5 and Block 6 copper projects in Oman from Gentor Resources Inc. Savannah says the acquisition of these projects, which contain part of one of the best preserved copper-rich Ophiolite belts in the world, forms part of its growth strategy of building a multi-commodity exploration and development company. Savannah...
 

AutoNavi to be acquired by Alibaba Group

13 Apr 2014 @ 12:31
Enters into definitive agreement AutoNavi Holdings Limited (Nasdaq:AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced that it entered into a definitive merger agreement to be acquired by an affiliate of Alibaba Group Holding Limited, a global e-commerce leader and the largest e-commerce company in China. Pursuant to the merger...
 

Orchid Island Capital announces closing of sale of shares

13 Apr 2014 @ 12:27
Pursuant to full exercise of underwriters’ overallotment option Orchid Island Capital, (NYSE:ORC) announced today the closing of the sale of 480,000 shares of its common stock for net proceeds of $5,696,640 pursuant to the full exercise of the underwriters’ overallotment option granted in connection with the Company’s public offering that closed on March 24, 2014. All of the...
 

Red Lion sells Yakima Hotel

13 Apr 2014 @ 12:23
New owner of Red Lion Hotel Yakima to make significant improvements Red Lion Hotels Corporation (NYSE:RLH) today announced the company has sold the Red Lion Hotel Yakima in Washington. At closing, the company entered into an agreement with the new owner to retain the hotel as a franchise. The new owner will invest significantly in the rooms and the exterior of the hotel and will continue to...
 

Mariana issues Argentina update

13 Apr 2014 @ 12:05
Mariana receives US$600,000 funding for Argentinean gold and silver exploration Mariana Resources Ltd, the AIM quoted exploration and development company focused in Peru and southern Argentina, announces that it has received Arg$4,745,826, Argentinean Pesos (circa US$600,000) funding by way of VAT refund from the Argentinean Tax Authorities. Monies received are in respect of VAT levied on...
 
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