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NYSE Market News

Empyrean release Q1 details

24 May 2015 @ 00:46
Q1 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided a production update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of March 2015. Empyrean has a 3% working...

Hewlett-Packard Shares Surge

22 May 2015 @ 22:49
The share price of Hewlett-Packard (NYSE:HPQ) surged today, closing at 34.76, up 2.75% after having reached 35.57 earlier in the day. HP’s share price fell from 38.49 on 24 February and has remained below 34.00 since 05 March. It reached its year-to-date and 52-week low of 31.16  on 31 March. It’s a bit hard to tell exactly which news item has generated the renewed enthusiasm in...

BP and Sinopec set up joint venture marine bunkering business

20 May 2015 @ 21:22
Will also provide marine bunker sales BP and Sinopec Fuel Oil today announce the formation of a 50:50 marine fuels bunkering joint-venture, BP Sinopec Marine Fuels Pte Ltd. Based in Singapore, one of the largest and busiest ports in the world, the joint venture will build out from its partners existing bunkering locations and activities. In addition to marine bunkering in Singapore, the joint...

Wal-Mart Shares Down Ahead of Market Opening

19 May 2015 @ 15:32
The share price of big-box, U.S.-based retail giant, Wal-Mart (NYSE:WMT)  is down by more that 2.2% in pre-market trading just nine minutes before the opening bell is to be rung at the New York Stock Exchange. Wal-Mart released a disappointing Q1 FY16 earnings report earlier this morning that included a 7% drop in profit. As part of his obligatory explanation, CEO Doug McMillon cited the...

BP names Non-Executive Directors

18 May 2015 @ 22:21
Who are they? The Board of BP have announced that it has appointed Mrs Paula Rosput Reynolds and Sir John Sawers as Non-Executive Directors with immediate effect. Mrs Rosput Reynolds has over 25 years’ experience in the energy sector, including as president and chief executive officer of AGL Resources. Sir John Sawers has had long experience in government, most recently as Chief of the UK...

Civeo secures new C$22m deal

13 May 2015 @ 23:08
New Lodging Contract in the Athabasca In-situ Region Civeo Corporation (NYSE:CVEO), one of the largest integrated providers of workforce accommodations, logistics and facility management services to the natural resource industry, today announced that it has won a C$22 million contract to support a pipeline construction customer in the in-situ region of the Athabasca oil sands play in Alberta...

Who is AOL and Why is Verizon Interested?

12 May 2015 @ 22:00
After rumors regarding a potential take over of AOL ( NYSE:AOL) by Verizon (NYSE:VZ) emerged last week, AOL’s share price rose more than 12.0% from 39.38 on Thursday to a high of 44.14 on on Friday 08 May. Fast forward to today (Tuesday, 12 May 2015). AOL shares are now trading at 50.52 after having reached a 52-week high of 50.75 earlier in the day when Verizon confirmed that the rumors...

Orchid Island Capital issue May 2015 dividend details

11 May 2015 @ 22:07
May 2015 Monthly Dividend of $0.18 Per Share – RMBS Portfolio Characteristics as of April 30, 2015 Orchid Island Capital (NYSE:ORC) announced today that the Board of Directors declared a monthly cash dividend for the month of May 2015. The dividend of $0.18 per share will be paid May 29, 2015, to holders of record on May 26, 2015, with an ex-dividend date of May 21, 2015. The Company...

U.S. Indexes Down on GDP Report

29 Apr 2015 @ 19:14
All three of the leading U.S. stock market indices are down today following the Commerce Department’s report on the GDP for the first quarter, whilst observers are still waiting to hear the monthly report from the Federal Reserve. At 1:30 pm EDT the Dow and the S&P 500 are both down 0.64%, with the  Dow down 115.35 points to 17,994.79 and the S&P down 13.44 points to 2,101.32...

City National cut $11bn five-year commitment

26 Apr 2015 @ 22:02
What are the details? City National Corporation (NYSE:CYN), the parent company of wholly owned City National Bank, today announced a new $11 billion, five-year commitment for community lending, investment, charitable contributions, supplier diversity and other activities outlined in the Community Reinvestment Act (CRA). City National finalized its commitment following consultation with many of...
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