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NYSE Market News

Williams Sonoma Climbs After Closing Bell

19 Nov 2014 @ 22:50
Williams Sonoma (NYSE:WSM) is one of the United States’ largest e-commerce retailers, serving customers worldwide. Its upscale brick and mortar stores located in the U.S., Canada, Puerto Rico, Australia and the UK are supplemented by franchised branding in several Middle Eastern countries and the Philippines. The company issued its third quarter results shortly after the New York Stock...

Northrop unveil new tech

19 Nov 2014 @ 21:19
Introduces Viper(TM) 2.1 Laser Northrop Grumman Corporation’s (NYSE:NOC) Laser Systems business unit has announced its new Viper 2.1 laser, featuring a form factor and interface for use on all directed infrared countermeasure (DIRCM) systems. The Viper 2.1 is the latest in the family of Viper lasers designed specifically for DIRCM systems. After five years of funding, development and...

Owens Realty talk $13m loan

18 Nov 2014 @ 22:59
So, how are they going to use the loan? Owens Realty Mortgage (NYSE:ORM)announced today that TOTB Miami, a subsidiary of the Company, has secured a loan from Bank of the Ozarks of up to approximately $13 million. TOTB Miami is a Florida limited liability company, which is 80.74% owned by the Company and 19.26% owned by the Company’s manager, Owens Financial Group, Inc. The proceeds of...

TransAtlantic completes Stream Oil & Gas acquisition

18 Nov 2014 @ 22:55
Have you acquired interest to invest? TransAtlantic Petroleum (NYSE:TAT) (TSX:TNP) announced today the successful completion of its previously announced acquisition of Stream Oil & Gas Ltd. (TSX-V:SKO). The Company also announced Douglas Nester as its Vice President of Albania. Effective today, TransAtlantic closed the acquisition of all of Stream’s outstanding common shares in...

BP lay out $200m Belgian upgrade plan

18 Nov 2014 @ 22:51
Lucky Belgium. BP announced today that it plans to invest over $200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, South Carolina and Geel, Belgium. The investments will position these assets amongst the most efficient PTA manufacturing facilities in the world. “This allows us to apply our latest proprietary technology and process know-how to existing...

Actavis to Acquire Botox Maker Allergan

17 Nov 2014 @ 17:52
Exactly one month ago today, on 17 October, ADVFN brought you an update on the Valeant (TSX:VRX) hostile pursuit to acquire Botox-maker Allergan (NYSE:AGN). As of that date, the Allergan share price was $186.80, based on an continued expectation-exceeding third quarter results. That made Valeant’s takeover bid of $179.00 per share look ridiculous by comparison. Although Valeant indicated...

Halliburton & Baker Hughes Up On Merger Talks

13 Nov 2014 @ 23:40
Four o’clock in the afternoon is a favorite time of the day for the executives of U.S.-listed companies to make major announcements. And when they do, they can generate a flurry of activity from the trading floor to the front page. Technically, there has been no major announcement from either Halliburton (NYSE:HAL) or Baker Hughes (NYSE:BHI), but newspapers love to do the same thing. It...

Newell Rubbermaid refresh top team

12 Nov 2014 @ 23:07
New COO Newell Rubbermaid (NYSE:NWL) today announced the appointment of Christopher O’Leary, executive vice president and chief operating officer, International, of General Mills to the company’s board of directors, effective November 11, 2014. O’Leary, age 55, will serve on Newell Rubbermaid’s Nominating/Governance and Organizational Development & Compensation...

Axalta Begins Trading on NYSE

12 Nov 2014 @ 21:25
Axalta (NYSE:AXTA) floated its IPO today to a great deal of fanfare at the New York Stock Exchange, including a visit by NASCAR driver Jeff Gordon on hand for the ringing of the opening bell. AXTA shares opened at 20.94, more that 6% above the original asking price of 19.00. The company’s market cap is close to $4.8 billion. It raised $975 million from today’s IPO. Formerly a...

BP unveil first robotic coreflooding system

11 Nov 2014 @ 21:31
Will they takeover? BP have said that they are now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities. Coreflooding is one of the most important techniques used to identify and evaluate EOR technologies. It measures the effectiveness of water or gas injected into an...
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