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NYSE Market News

STR Holdings reports Q4 and FY 2014 results

26 Mar 2015 @ 23:19
How did they do? STR Holdings, Inc. (NYSE:STRI) today announced its financial results for the fourth quarter and full-year ended December 31, 2014. Fourth Quarter 2014 Summary: – Closed common stock issuance to Zhen Fa New Energy (U.S.) Co., Ltd. – Paid a special cash dividend of approximately $22.6 million to all stockholders, other than Zhen Fa – Net sales of $9.2 million...

Empyrean Energy: significant production increase from Marathon Oil

26 Mar 2015 @ 23:05
Q4 2014 Production from Sugarloaf AMI, Texas Empyrean Energy, an US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided an update in respect of production from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of December 2014. Empyrean has a 3% working...

Annual Trading Forecast on Nokia (2015)

24 Mar 2015 @ 12:09
Nokia shares (NYSE:NOK) have formed what I can call a predictable channel in the market. Based on the price action for the past several months, one would need to use a swing trading approach for this market, selling at the peak and buying at the trough. The indicators in the chart are currently nothing to go by. The ADX period 14 is below the level 20, while the DM+ is closely parallel with...

Annual Trading Forecast on BP (2015)

24 Mar 2015 @ 11:57
BP stock (NYSE:BP) was generally bearish last year. The market made some commendable bullish attempts since the beginning of this year 2015. In early March 2015, the price dived seriously but this has been recovered. If I am thrown off by a horse, I will mount it again. Now the price has crossed the EMA 21 to the upside, while the Williams’ % Range period 20 is also sloping upwards, going near...

AMSEC cuts deal with US Navy

18 Mar 2015 @ 21:05
Includes Technical Services Contract Huntington Ingalls Industries (NYSE:HII) announced today that its AMSEC LLC subsidiary has been awarded a contract by the U.S. Navy to provide engineering and technical services in support of the Navy Modernization Program. AMSEC LLC was one of several contractors awarded a three-year indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract...

Annual Trading Forecast on AIG (2015)

18 Mar 2015 @ 06:42
AIG – America International Group – shares (NYSE:AIG) is now ripe for bullish trend. All indication, including the price action, points to further northward journey. It is expected that the market would make higher lows and higher highs within the next several months. For this analysis, we use 4 EMAs and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top...

Annual Trading Forecast on Chevron (2015)

18 Mar 2015 @ 06:34
Chevron stock (NYSE:CVX) is currently a bear market and long trades are not recommended here. The dominant bias is bearish and rallies would offer nice opportunities to go short. Last year, the market would go up – only to drop downwards steeply. While short-term bulls could harness some gains in this kind of market, some bulls are sometimes trapped on the wrong side. Looking at the chart, the...

Nevada Gold & Casinos reports Q3 results

17 Mar 2015 @ 21:00
Net revenues of $15.8 million Nevada Gold & Casinos, Inc. (NYSE:UWN) today announced financial results for the third quarter ended January 31, 2015. For the third quarter of fiscal 2015, the company reported net revenues of $15.8 million compared to $14.8 million in the third quarter of fiscal 2014. Operating expenses were $15.0 million compared to $14.5 million in the prior year period...

U.S. Markets Take a Dive

13 Mar 2015 @ 18:55
There are still almost three hours of trading time left in New York, but with the Dow down by more than 228 points to 17,760.87, the Nasdaq down 42.02 points to 4,851, and the S&P 500 down 20.26 points to 2,045.9, it does not appear that the day is going to end well. Normally, I would wait until the trading day was over, but at this point on this particular day, how it ends is a fait...

UPS to recommend rejection of ‘Mini-Tender' offer from TRC Capital Corporation?

12 Mar 2015 @ 23:09
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 4.4% below the...
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