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Hill International lands US federal contract

29 Sep 2014 @ 21:32
$16 Million Contract for PMO Services from U.S. Federal Transit Administration Hill International (NYSE:HIL), a construction risk manager, announced today that it has received a contract from the U.S. Federal Transit Administration to provide project management oversight (PMO) services on major transit capital projects nationwide. The five-year contract has an anticipated value to Hill of...

Aerojet Rocketdyne to support United Launch Alliance

29 Sep 2014 @ 21:28
To Establish Near-Term Competitive Product Offering Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, and United Launch Alliance (ULA) announced today that they have signed a contract for a joint investment to complete technical feasibility analysis, detailed program plans, technology integration, affordable production processes and plans, mission assurance and related criteria – all leading to...

BP and Azerbaijan - time to reflect on 20 years of the Southern Gas Corridor?

25 Sep 2014 @ 00:40
Time to look back. The Azerbaijan International Operating Company (AIOC) operated by BP, has celebrated the 20th anniversary of the Azeri-Chirag-Gunashli (ACG) production sharing agreement, signed on 20 September 1994 between Azerbaijan and eleven international companies – but, on reflection, how does it add up? From the start, activity level on ACG has remained high. The Early Oil...

U.S. Judge Rules Against BP - Again

24 Sep 2014 @ 20:30
It has been wisely said that, “Just because you are paranoid, it does not mean that people aren’t out to get you.” BP’s share price (LSE:BP.) (NYSE:BP) is being battered once again by the never-ending repercussions of the Deepwater Horizon tragedy in the Gulf of Mexico. The oil giant is beginning to look like the 97-lb. weakling who gets sand kicked in his face by thugs...

Merck to Pay $17 Billion for Sigma-Aldrich

22 Sep 2014 @ 16:58
Germany-based pharmaceutical giant Merck KGaA. (DE:MRK) announced this morning that it will be acquiring U.S.-based life sciences company Sigma -lrdrich NASDAQ:SIAL) for $17 billion, or $140 per share. Sigma-Aldrich had closed at $102.37 on Friday, 19 September, but pre-trading this morning on the heels of the announcement drove the shares to open at $137.28, an increase 0f 35%, just 2% less...

Alibaba IPO - What We Now Know

19 Sep 2014 @ 21:18
We’ve talked about it for several weeks. Or should I say that everyone has talked about it for several weeks? The Alibaba (NYSE:BABA) IPO has finally taken place and its shares began trading just before noon in New York. The pre-IPO speculation is now over, the facts are in, and the post-IPO speculation has begun. What follows is a compendium of facts and a list of “what...

Monitise Launches App - Shares Drop 34%

18 Sep 2014 @ 23:28
This is where you ask yourself, “Did I read that correctly? Wouldn’t a new app be a good thing?” Well, yes, you did read that correctly and, yes, a new app is a good thing. The problem is that the app announcement was not the only announcement about Monitise (LSE:MONI) today. The app announcement was good, but not nearly good enough to overcome the announcement that followed...

Empyrean Energy gains seven wells since March

17 Sep 2014 @ 18:54
Q2 2014 Production and Operational Update Empyrean Energy, an US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, released new details regarding production and operations for the three month period to the end of June 2014 updated with current data since the end of the Quarter, where available. Empyrean has a 3% working...

FedEx Delivers Record Share Price

17 Sep 2014 @ 17:52
The thing that makes FedEx (NYSE:FDX) so good is that it delivers – in more ways than one. It’s worldwide reputation for delivering the goods is almost incomparable. But its commitment is, not the efficient shipment of packages, it is “producing superior financial returns for its shareowners by providing high value-added logistics, transportation, and related business...

Northrop Grumman launches new air traffic control communication portfolio

16 Sep 2014 @ 21:43
Sapphire Suite of Products and Services Includes Latest Generation of T6 Radio; Key Features are Ease of Installation, Maintenance and Significant Reduction in Environmental Impact Northrop Grumman Corporation’s (NYSE:NOC) U.K.-based air traffic management subsidiary, Northrop Grumman Park Air Systems, today announced the introduction of a new line-up of air traffic control (ATC...
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