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US News

Amazon Shares Hit Record High - Topping Walmart in Market Cap

24 Jul 2015 @ 22:35
Amazon’s share price (NASDAQ:AMZN) hit an all-time high of 580.57 today following its Q2 results for the period ending 30 June. The report indicated a 20% year-on-year increase in revenues to $23.18 for the quarter. Opinion on the street was that Amazon would report a second-quarter loss. Instead, it announced a $92 million net profit.  The […]
 

Obama Healthcare Driving More Major M&A

24 Jul 2015 @ 16:40
It has been only 18 days since ADVFN published “The Obamacare Effect Starts U.S. Merger Frenzy” on 06 July, in which we reported that U.S.-based healthcare insurer, Aetna (NYSE:AET), announced that it would be acquiring all outstanding shares in Humana (NYSE:HUM). At that time,  the New York Times and others had forecasted that that acquisition would be merely the first ripple...
 

Europa Oil & Gas: £1.04m raised to advance UK onshore

23 Jul 2015 @ 19:16
Result of Open Offer Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, announced on 6 July 2015 that it had raised £1.4 million by the issue of 20,000,000 New Ordinary Shares pursuant to a Firm Placing and 2,630,000 New Ordinary […]
 

ARM Shares Lose 6.6%. It's Not ARM's Fault

22 Jul 2015 @ 20:53
Shares in ARM Holdings (LSE:ARM) slipped by more than 6.6% today to 970.0, despite “a strong quarter” that produced revenues of £229 million  and a net profit of £77.1 million. That is a 22% increase in revenue and a 34% increase in net profit. Even the board’s recommendation to increase its interim dividend by 25% […]
 

SMTP's SharpSpring reports record sales in Q2

21 Jul 2015 @ 19:10
77% higher than previous Q4 SMTP, Inc. (NASDAQ:SMTP), a global provider of cloud-based marketing technologies, today announced that its SharpSpring marketing automation product has recorded record new sales in Q2, adding 182 new customers representing $1.3 million in annual recurring revenue during the second quarter. The rate of customer addition was 22% higher than sales […]
 

Firsthand Technology Value Fund discloses preliminary NAV of $24.54 per share

21 Jul 2015 @ 19:07
Top Holdings Include IntraOp Medical, Pivotal, Turn, QMAT, and Wrightspeed Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC), a publicly-traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV as of June 30, 2015 was $24.54 per share. The Fund also announced that its top five holdings as of that […]
 

Halliburton Beats Street Estimates - Up 2.7%

20 Jul 2015 @ 20:05
Halliburton’s share price (NYSE:HAL) is up more than 2.5% today, despite second quarter results that paled by comparison to both the previous quarter and year-on-year. The key factor was that HAL beat analysts’s expectations of 29 cents per share by 51%. Halliburton generated 44 cents. Company Chairman and CEO, Dave Lesar, pointed out that “Our […]
 

Armco Metals to launch steel scrap business with Chinese investment?

20 Jul 2015 @ 19:56
Yes, they are. Armco Metals Holdings, Inc.(NYSE MKT:AMCO), a distributor of imported metal ores and a steel recycler in China, today announced that its Armco Metals (Shanghai) Holding, Ltd. subsidiary is establishing an OTO (Online to Offline) platform for steel scrap business with business partners. The new operations will be conducted through, Shanghai Meng Yi […]
 

JD.com launches "U.S. Mall" to sell authentic US good in China

20 Jul 2015 @ 19:46
Fifth “Country Mall” Responds to Strong Chinese Demand for U.S. Imports JD.com, Inc. (Nasdaq:JD), China’s largest online direct sales company, today announced the launch of its U.S. Mall, a new channel on the company’s JD Worldwide cross-border platform dedicated exclusively to offering authentic imported U.S. products for sale to its customers in China. Some of […]
 

Unity Bancorp report 59% net quarter increase

20 Jul 2015 @ 19:44
Also reporting Six Month Net Income Increased 55% Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported increased second quarter and year-to-date earnings. Major contributing factors included strong loan growth, increased deposits and improved credit quality. Both commercial and consumer lending were up; with over ten percent growth in residential mortgages year-to-date...
 
 
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