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NYSE Market News

Annual Trading Forecast on Twitter (2016)

04 Feb 2016 @ 09:31
Twitter shares (NYSE:TWTR) are in a major downtrend, which has been going on for months. Long trades are currently suicidal in this market as we shall see. The price has gone below the lower Trendline and the RSI period 14 is far below the level 50, even around the oversold region. This means the bearish […]

BP reports full year and 4Q 2015 results

03 Feb 2016 @ 22:54
BP has reported its results for the full year and fourth quarter of 2015. Underlying replacement cost profit for BP’s full year was $5.9 billion, compared with $12.1 billion reported for 2014, down 51%. The underlying result for the fourth quarter was $196 million compared with $2.2 billion for the fourth quarter of 2014. Underlying […]

Changes for BP's senior executive team

01 Feb 2016 @ 20:57
What has changed? BP today announced the appointment of Lamar McKay to the new position of Deputy Group Chief Executive. McKay, currently chief executive of BP’s Upstream segment and a 35-year veteran of BP, will be based in London and take up the role following a suitable handover period. McKay will be succeeded as Upstream […]

Oslo Airport first location to supply Air BP Biojet

25 Jan 2016 @ 20:22
Yes. Via main fuel hydrant system. In a first for commercial aviation, Air BP, together with Norwegian airport operator Avinor, and sustainable biofuel specialist SkyNRG, today announced the results of a successful collaboration for commercial supply of jet biofuel at Oslo Airport Gardermoen. From today all airlines landing at Oslo Airport can have jet biofuel […]

BP to offer alternative routes into trading?

21 Jan 2016 @ 21:48
Specialised programmes open to further increase and promote employee diversity BP, one of the world’s leading international oil and gas companies, today opened a series of recruitment and career development programmes to further increase employee diversity within its Integrated Supply and Trading (IST) division. The programmes, specifically open to military leavers, school leavers and...

Brunswick Corporation Acquires Cybex International

21 Jan 2016 @ 21:47
Acquisition is an important component of plan to double Fitness segment revenue by 2020 Brunswick Corporation (NYSE:BC) announced today that it has acquired Cybex International Inc., a leading maker of commercial fitness equipment, for $195 million, subject to a working capital adjustment. Cybex will join Brunswick’s Life Fitness Division’s portfolio of leading brands. Founded in […]

Annual Trading Forecast on IBM (2016)

19 Jan 2016 @ 23:24
IBM shares (NYSE:IBM) are very weak. The weakness has been going on for several months, and it would continue until there is a bullish movement which lasts for at least, a few months. The price is currently below the EMA 21 and the Williams’ % Range period 20 is around the oversold region. This is […]

Rosneft and BP sign agreement to dissolve the joint venture

18 Jan 2016 @ 22:07
Ruhr Oel GmbH as part of German refining venture restructuring Rosneft and BP have announced that they have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of the two companies’ German refining and petrochemical venture. The agreement was approved […]

Cummins announces first sites to achieve ‘Zero Disposal'

11 Jan 2016 @ 20:32
“Where 100 percent of a facility’s waste is handled in a truly useful manner” Cummins Inc. (NYSE:CMI) announced today that three of its plants in the United Kingdom and one in France are the first four sites to achieve “Zero Disposal” status, where 100 percent of a facility’s waste is handled in a truly useful […]

Aerojet Rocketdyne Selected by NASA for CubeSat Development

11 Jan 2016 @ 20:26
Mature Development of MPS-130 CubeSat Modular Propulsion System With Green Propellant Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), has entered a public-private partnership with NASA to mature the development of an MPS-130 CubeSat propulsion system using a green propellant, known as AF-M315E. Once fully developed, not only would the technology increase...
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