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US News

DOW up 250 Points to Start the Week

30 Mar 2015 @ 17:07
I was preparing to write this morning when, as part of my normal routine, I checked the World Index Chart on ADVFN. Nikkei up. That’s good. FTSE up. That’s good. Dow straight up! What? It started with the opening bell. By 10:00 am EDT, the Dow Jones Industrial Average (^DJI) had  already gained 250.00 points […]
 

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 […]
 

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 […]
 

Kraft Shares up 40% on Heinz Merger News

25 Mar 2015 @ 18:41
Share in Kraft (NASDAQ:KRFT) climbed by an amazing 40% today following news late Tuesday, 24 March, that a merger offer has been made by Berkshire Hathaway and Brazilian company, 3G Capital, through their jointly-owned food product manufacturer, Heinz. The share price reached a record high of 87.88 before noon today.  Berkshire Hathaway and 3G acquired […]
 

Flexion Reports Year-End 2014 results

23 Mar 2015 @ 22:50
How did the do? Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced financial results for the year-ended December 31, 2014. In February 2014, the successful completion of an initial public offering of Flexion common stock raised gross proceeds of approximately $75 million; and, in December 2014, a follow-on offering raised additional gross proceeds of approximately $98 million. […]
 

Electrovaya unveils AGM results

23 Mar 2015 @ 21:50
++BREAKING NEWS++ Electrovaya Inc. (TSX: EFL) has announced that all of the resolutions that shareholders were asked to consider at its 2015 Annual Meeting held in Mississauga, Ontario, were approved. The five directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Bejoy Das Gupta, Ralph E. Lean, Dr. […]
 

Gulf environment returning to pre-spill conditions - says BP

22 Mar 2015 @ 22:52
In the five years since the Deepwater Horizon oil spill, scientific data and studies are showing that the Gulf environment is returning to its baseline condition, according to a new BP report. The Gulf of Mexico Environmental Recovery and Restoration report also indicates that impacts from the spill largely occurred in the spring and summer […]
 

FTSE Almost Reaches 7,000 - I Told You So!

19 Mar 2015 @ 19:21
In the waning trading hours yesterday I wrote “I, for one, believe that there may be adequate activity and the right atmosphere to make this the week that the FTSE reaches 7,000.00.” That’s a pretty bold statement to make on a Wednesday afternoon. Lot’s of pundits might dare to say something like that before a […]
 

Galectin lays out 2014 results

18 Mar 2015 @ 21:07
Also Provides Business Update Galectin Therapeutics Inc. (Nasdaq:GALT), a developer of therapeutics that target galectin proteins to treat fibrosis and cancer, today reported financial results for the year ended December 31, 2014. “I am pleased with our many accomplishments during 2014 as we continue to advance programs with GR-MD-02 for the treatment of nonalcoholic steatohepatitis...
 

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...
 
 
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