NASDAQ Market News

Time for a whip round? BP announced today that it intends to sell its 950,000 cubic metre capacity oil storage terminal in Amsterdam. The BP Amsterdam Terminal, which has been owned and operated by BP since 1997, acts as an international trading hub for supplying fuels to and from Europe. The terminal also supplies diesel […]

Details include assets exceeding $5.2bn Eagle Bancorp, Inc. (Nasdaq:EGBN), the parent company of EagleBank, today announced record quarterly net income of $14.7 million ($16.9 million on an operating basis) for the three months ended December 31, 2014, a 23% increase on a net income basis (41% on an operating basis) over the $12.0 million net […]

What are the details? NVE Corporation (Nasdaq:NVEC) announced today financial results for the quarter and nine months ended December 31, 2014. Total revenue for the third quarter of fiscal 2015 decreased 3% to $6.29 million from $6.47 million in the prior-year quarter. The revenue decrease was due to a 9% decrease in product sales, partially […]

U.S. texting APP on iOS currently in beta testing – magicJack America APP in Mexico on iOS and Android currently in beta testing magicJack VocalTec Ltd. (Nasdaq:CALL), a VoIP cloud-based communications company, today announced that it is in beta testing on two APPs in the U.S. and Mexico, respectively. The magicJack U.S. texting APP is […]

Significant Majority of Investors Favor Extending “U.S.-Style” Shareholder Activism Globally Shareholder activists may have institutional investors to thank after concluding one of their most successful years to date in both returns and inflows, according to a new study released today by FTI Consulting, Inc. (NYSE:FCN), a global advisory firm dedicated to helping organizations...

BP has respondedon to the Phase 2 Decision in Gulf Oil Spill Trial Their statement in full: “Today the United States District Court for the Eastern District of Louisiana ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following […]

No one saw it coming. There was not even a hint in advance that the Swiss National Bank (SNB) was about to stab the financial world in the back. As we reported yesterday, the euro and the U.S. dollar took immediate hits. But we also expected broader and longer term fallout would follow. In the […]

The financial world is in disarray today.  It all started with an unexpected and startling press release by the Swiss National Bank (SNB) that said: “The Swiss National Bank (SNB) is discontinuing the minimum exchange rate of CHF 1.20 per euro. At the same time, it is lowering the interest rate on sight deposit account balances that exceed […]

Google stock (NASDAQ:GOOG) is a bear market and that bearishness is expected to continue for most part of this year. There would be some transitory rallies along the way, which would pave the way for more southerly journey. In the chart, the ADX period 14 is around the level 30, meaning that the current bearish […]

Part of Its “Back-to-Basics” Plan SmartPros Ltd. (Nasdaq:SPRO), an accredited professional education and corporate training, today released an update regarding its “Back to Basics” plan. The plan includes “reducing staffing in certain areas; closing, selling or reducing certain verticals of our business; and re-purposing resources to areas”. Allen Greene...