Tom Frew

Also details of a US$20 Million Share Repurchase Program iDreamSky Technology Limited (Nasdaq:DSKY), a Chinese mobile game publishing platform, today announced updates to its previous revenue guidance for the fourth quarter of 20141 and a share repurchase program approved by the board of directors of the Company. The Company estimates its revenue guidance for the […]

What are the details? AmTrust Financial Services, Inc. (Nasdaq:AFSI) today announced that it priced on March 12, 2015 an underwritten public offering of 6.6 million of its depositary shares, each representing a 1/40th interest in a share of its 7.50% Non-Cumulative Preferred Stock, Series D, with a liquidation preference of $1,000.00 per share (equivalent to […]

Why so? UPS (NYSE: UPS) has received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 1,500,000 shares of UPS’s Class B common stock, or approximately 0.2% of the outstanding Class B shares as of February 18, 2015. TRC Capital’s unsolicited “mini-tender” offer price of $95.25 per share is approximately […]

Nanosphere, Inc. (Nasdaq:NSPH), a company enhancing medicine through targeted molecular diagnostics, offers the Verigene® Gram-Negative Blood Culture Test (BC-GN), approved by the FDA in June 2014 as the first and only FDA-cleared test that rapidly identifies the five carbapenem resistance genes most commonly associated with carbapenem-resistant Enterobacteriaceae (CRE). Three recent outbreaks...

For 5 Kilowatt Hall Thruster ThermoThrottle Development European Space Propulsion (ESP), a subsidiary of Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, recently received a contract from Airbus Space and Defence and Thales Alenia Space for the development of a new ThermoThrottle to provide variable Xenon Flow Control (XFC) for the ESP XR-5E Hall Thruster, the European […]

How did they do? Frequency Electronics, Inc. (Nasdaq:FEIM) reported revenues for the third quarter of fiscal 2015, which ended January 31, 2015, of $18.4 million, compared to $18.2 million recorded in the third quarter of fiscal 2014. Revenues for the first nine months of fiscal 2015 were $57.4 million compared to $52.1 million recorded in […]

What are they up to? Cartesian (Nasdaq:CRTN), a specialist provider of consulting services and managed solutions to the global communications, technology and digital media industries, today announced the expansion of its business development team in the European market with the addition of three new hires. Andy Harper, Andy Weston and Jonathan Hayley join Cartesian’s EMEA […]

Raises £660,000 to Capitalise on New Opportunities in the Unmanned Aerial Vehicle Sector Strat Aero plc, an international aerospace services company, has raised £660,000, before expenses, through the issue of 7,333,334 new ordinary shares at 9p per share. This funding marks a significant step for Strat Aero as it continues to realise its strategy of […]

Appointment of Executive Vice President – Mexico Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has said that Mr. Abraham Achar has joined the Company as full time Executive Vice President – Mexico. In this role, Mr. Achar will lead and develop business development activities in Mexico, which has recently reopened […]

New Shoats Creek Well Update Northcote (LSE:NCT) has announced that it is has been informed by Aminex USA Inc., the Operator of Shoats Creek, that it has signed a rig contract to drill a new conventional vertical well at Shoats Creek Field. Highlights: · The new well, the Lutcher Moore #20, has been prepared and […]