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NASDAQ Market News

Bp report first Clair Ridge Topside Modules installed

29 Jun 2015 @ 19:23
Along with its co-venturers, BP is in the middle of a five year, £7 billion investment programme in the North Sea, including major projects in the central North Sea and Shetland area. BP and its co-venturers, ConocoPhillips, Chevron and Shell, have confirmed the safe installation of the new Clair Ridge platform’s quarters and utilities (QU) topside modules, a major milestone in the Clair Ridge...

Avis Budget Group and Southwest Airlines cut fresh deal

25 Jun 2015 @ 23:26
New Multi-Year Partnership Marketing Agreement Avis Budget Group, Inc. (Nasdaq:CAR) today announced that it has entered into an expanded, new multi-year partnership marketing agreement with Southwest Airlines (NYSE:LUV) which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Southwest Airlines...

RGS Energy discuss capitalisation structure details

25 Jun 2015 @ 23:22
Also discuss “Eliminating Subordinated Debt and Reducing Warrant Overhang” RGS Energy (Nasdaq:RGSE), a leading rooftop installers of solar equipment, has converted all of its subordinated debt to Class A common stock and entered into agreements to exchange a substantial amount of its Series A and C warrants for Class A common stock. The subordinated debt transaction involved...

Thinking Through the Tesla Quandry

25 Jun 2015 @ 17:30
When Tesla Motors’ share price (NASDAQ:TSLA) closed at 259.00 on 11 August 2014, it set a new record high. It continued to set new high nearly every trading day through 04 September before a bumpy, but consistent decline that lasted 27 March of this year when it bottomed out at 185.00 amidst gloom and doom predictions for the future of the company. Now that Tesla has gained significant...

Sabra lay out details of fresh $234m acquisition

24 Jun 2015 @ 22:23
Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) announced that it has agreed to purchase a portfolio of four transitional care facilities located in Maryland. On June 22, 2015, Sabra agreed to acquire four skilled nursing facilities that specialize in transitional care and medically complex post-surgical, ventilator and dialysis patients with a total of 678 licensed beds located in...

Momo discusses receipt of Preliminary Non-Binding "Going Private" proposal

23 Jun 2015 @ 22:18
What are the details? Momo Inc. (Nasdaq:MOMO), a leading mobile social networking platform in China, today announced that its board of directors has received a non-binding proposal letter, dated June 23, 2015, from Mr. Yan Tang, co-founder, chairman and chief executive officer of Momo, Matrix Partners China II Hong Kong Limited, Sequoia Capital China Investment Management L.P. and Huatai...

LRAD record mining sale

23 Jun 2015 @ 21:18
Deal for Bird Preservation at International Mining Site LRAD Corporation (Nasdaq:LRAD), the world’s leading provider of advanced mass notification and Long Range Acoustic Device systems, today announced a $672,000 follow-on order for LRAD 1000X systems at an international mining site. The LRAD systems will be integrated with radar from DeTect, Inc., the world leader in avian radar for...

Transcat acquires Calibration Technologies

22 Jun 2015 @ 23:16
What are the details? Transcat, Inc. (Nasdaq:TRNS), a leading provider of accredited calibration and compliance services and distributor of professional grade handheld test, measurement and control instrumentation, announced today that it has acquired, effective June 22, 2015, Calibration Technologies, Inc.. Headquartered in Morris Plains, New Jersey, Calibration Technologies specializes in...

Glacier Bancorp refresh board with new President

22 Jun 2015 @ 23:13
Who will be taking over? Glacier Bancorp, Inc. (Nasdaq:GBCI) today announced that the company is expanding its executive management team with the addition of Randall M. “Randy” Chesler. Chesler will serve in the newly created position of President of Glacier Bank, the company’s sole banking subsidiary, and will immediately be appointed to the board of Glacier Bank and will be...

Rosneft and BP cut production, exploration and refining deals

21 Jun 2015 @ 23:11
What are the detials? Rosneft and BP today have signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum. Rosneft and BP signed final binding agreements for Rosneft’s sale to BP of a 20 per cent share of Taas-Yuryakh Neftegazodobycha (Taas), creating a new joint venture in East Siberia. The...
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