Tom Frew

Quarterly operations update for the period ended 30 June 2014 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime […]

Yep, they are? The KEYW Holding Corporation’s subsidiaries KEYW Corporation (Nasdaq:KEYW) and Hexis Cyber Solutions, Inc. (Hexis) are working with Oracle’s National Security Group (NSG) on advanced solutions for certain mission applications and advanced analytic development for KEYW’s U.S. Government customers. “Oracle has taken a lot of the work out of the system...

Chicowhat? Chicopee Bancorp, Inc(Nasdaq:CBNK), the holding company for Chicopee Savings Bank, announced today that it expects to record a provision for loan losses of approximately $2.8 million (pre-tax) and $5.0 million (pre-tax) for the three and six months ended June 30, 2014, respectively. As a result, the Company anticipates reporting a loss before taxes of […]

Northcote (LSE:NCT) has provided an update on its 2014 work programme and the issue of £300,000 zero coupon secured loan notes to further accelerate drilling work at Zink Ranch. Highlights: · In order to deal with the current and anticipated increases in gas & fluid flows resulting from the 2014 programme infrastructure improvements are required. […]

Secures $35mn credit facility to support continued growth of e-commerce business Speed Commerce, Inc. (Nasdaq:SPDC), a vertically integrated, omni-channel platform of e-commerce services, has completed the asset sale of its legacy distribution business segment to WYNIT Distribution, LLC, a leading national wholesale distributor of products from the top national brands in a number of...

RGS Energy (Nasdaq:RGSE), a US based nationwide leader of turnkey solar energy solutions for residential, commercial, and utility customers, has completed its previously announced private equity offering for gross proceeds of approximately $7.0 million. After paying placement agent fees and offering expenses, the company plans to use the net proceeds of approximately $6.4 million to […]

Chairman of the Bored? Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, have announced that Dominic Doherty, currently Alecto’s Operations Manager, has been appointed to the Board as Operations Director with immediate effect. In tandem with this, Mike Ware, the Company’s part time Executive Director, will step down […]

Biological Product for controlling Zebra and Quagga mussels provides environmentally responsible alternative to Potash and copper-based products for open water applications. Marrone Bio Innovations (Nasdaq:MBII) have been granted Environmental Protection Agency (EPA) approval for Zequanox’s open water use to combat invasive zebra and quagga mussels in lakes, rivers, recreation areas and...

Northrop Grumman Corporation (NYSE:NOC) has participated in Unified Vision 2014 (UV14), NATO’s largest trial of Joint Intelligence, Surveillance and Reconnaissance (JISR) capability aimed at demonstrating and evaluating the Alliance’s ability to coordinate and deploy crucial Allied ISR systems. During the 10-day trial, U.S. European Command, in close coordination with and in...

BREAKING NEWS ShawCor Ltd. (TSX:SCL) has announced that it has completed the acquisition of all of the outstanding shares of Desert NDT LLC, first announced on May 8, 2014, for a total consideration of approximately US$260 million, subject to adjustment for changes in working capital. Desert is a Houston-based provider of non-destructive testing services for […]