Tom Frew

Conditionally Raises £7.0 million Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, has announced that it has conditionally raised approximately £7.0 million (approximately US$12.0 million) before expenses by way of the issue of 77,800,000 new ordinary shares in the company at a price of 9.0 pence per Share. Use […]

Results for May The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2014. The next release, which will report on data for June 2014, is scheduled for August 15, 2014. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows […]

Due 2019 The KEYW Holding Corporation (Nasdaq:KEYW) announced today that it has agreed to sell $130 million aggregate principal amount of its 2.50% convertible senior notes due July 15, 2019in an underwritten public offering. The conversion rate of the notes will initially be 67.4093 shares of common stock per $1,000 principal amount of the notes […]

Comprehensive Suite of Solutions to Bring Standardization Across Growing Health System MedAssets (Nasdaq:MDAS) today announced that Baylor Scott & White Health, now the largest not-for-profit health care system in Texas, has renewed and expanded its relationship with MedAssets to support the recently merged health system in unifying organizational processes and workflows to drive greater...

Savannah Resources plc (LSE:SAV) has completed the acquisition of interests in the highly prospective Block 5 and Block 6 copper projects in the Sultanate of Oman from TSX-V listed Gentor Resources Inc. The acquisition of these Projects forms part of Savannah’s growth strategy of building a globally diverse, multi-commodity exploration and development company. Overview: · […]

Has gained stockholder approval Paulson Capital (Delaware) Corp. (Nasdaq:PLCC) yesterday held a Special Meeting of Stockholders at which 67.4% of the outstanding shares of the Company’s Common Stock were cast and more than 98% of the votes cast were voted in favor of each of a group of proposals related to the contemplated merger with […]

Also appoints Pierre Fitzgibbon as Chairman of Board Neptune Technologies & Bioressources (Nasdaq:NEPT), has announced its consolidated financial results for the first quarter ended May 31, 2014. “It was a very successful start to our fiscal year, with Neptune announcing the opening of its Sherbrooke plant, the launch later this year of three new condition-specific […]

Diamond bulk sample grades exceed 150cpht at Tongo, Sierra Leone Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has announced that re-processing of bulk sample tailings at its Tongo kimberlite dyke project in Sierra Leone has yielded additional diamonds and increased the average grade to 155 carats per hundred […]

A decision of Titanic propotions and will they Costa (Concordia) too much? Norwegian Cruise Line (Nasdaq:NCLH) announced today that it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 […]

Ocwen Financial Corporation, (NYSE:OCN), a financial services holding company, has announced that the 62,000 outstanding shares of its Series A Perpetual Convertible Preferred Stock were converted into common stock and immediately repurchased and cancelled. “This transaction is in addition to our strategy to repurchase shares of common stock roughly equivalent to our prior period...