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US News

Alcoa Wows Wall Street

13 Jan 2015 @ 17:26
The share price of industrial giant Alcoa (NYSE:AA) was up 2.0% yesterday in after-hours trading following the late afternoon release of its Q4 2014 results. Sentiment continued to be strong in pre-trading hours this morning, as it gained another 1.3%. Following a high of 16.53 shortly after 9:30 a.m. EST, the share price has receded […]
 

Celgene to excercise option to lease Agios' AG-120?

12 Jan 2015 @ 22:23
AG-120 would be the second investigational medicine licensed by Celgene Agios Pharmaceuticals, Inc. (Nasdaq:AGIO), a firm focused on cancer metabolism and rare genetic disorders of metabolism, today announced that its collaboration partner Celgene Corporation has agreed that it will exercise its option to obtain an exclusive license outside the United States for AG-120, a first-in-class...
 

Gevo launches sales of renewable isobutanol to Brenntag Canada

12 Jan 2015 @ 22:20
Target Markets Include Solvents and Specialty Chemicals Gevo, Inc. (Nasdaq:GEVO), the world’s only commercial producer of renewable isobutanol, announced it has launched sales of renewable isobutanol to Brenntag Canada Inc., a member of the Brenntag group companies for distribution into the solvents, oil & gas, mining and specialty chemicals markets. The initial market entry is...
 

Big 5 Sporting Goods Corporation talk Fiscal 2014 Q4 and FY sales results

12 Jan 2015 @ 22:18
Reports Fourth Quarter Same Store Sales Decrease of 0.5% – Narrows Fourth Quarter Earnings Guidance to a Range of $0.14 – $0.16 per Diluted Share, Including Charges of $0.03 Big 5 Sporting Goods Corporation (Nasdaq:BGFV), a leading sporting goods retailer, today reported sales results for the fiscal 2014 fourth quarter and full year ended December […]
 

Arrhythmia Research Technology refresh team with new CFO

12 Jan 2015 @ 22:13
Get the lowdown on the new man in charge of finances Arrhythmia Research Technology, Inc. (NYSE MKT:HRT), operating through its wholly-owned subsidiary, Micron Products, Inc., a manufacturer of highly engineered, complex components, devices and equipment for OEM customers announced today the appointment of Mr. Derek T. Welch as the Company’s Chief Financial Officer effective January...
 

Asta Funding talk Nasdaq non-compliance

09 Jan 2015 @ 23:44
What is going on? On January 5, 2015, Asta Funding, Inc. (Nasdaq:ASFI), a consumer receivable asset management and liquidation company, received a staff determination letter from the Nasdaq stating that the Company was not in compliance with its rules for continued listing, Rule 4310(c)(14), because it has not timely filed its Annual Report on Form […]
 

The Tesco / J.C. Penney Retail Paradox

08 Jan 2015 @ 22:25
I noticed something strange as I browsed the financial news whilst enjoy my morning coffee. In London, Tesco’s share price (LSE:TSCO) had risen nearly 15%, partly on the report of good December sales and partly because CEO Dave Lewis had announced plans to close 43 of its stores in the UK. Then, “what before my […]
 

BP issues second annual US economic impact report

07 Jan 2015 @ 21:32
BP contributes $143 billion to US economy and supports nearly 220,000 jobs BP’s business activities in the US helped generate close to $143 billion in economic impact in 2013 and currently support nearly 220,000 American jobs, according to the company’s US Economic Impact Report 2014. Released today, BP’s new report provides a detailed, state-by-state look […]
 

GKP: Mustapha Bearish. Gutheil Bullish.

07 Jan 2015 @ 17:04
Call it fate. Call it irony. Call it coincidence. Call it whatever you want to call it, but on the day that I decide to catch up with Gulf Keystone Petroleum (LSE:GKP), my esteemed colleague, Azeez Mustapha has also published his Annual Trading Forecast on Gulf Keystone. But wait. We do not have the same perspective […]
 

Cempra propose public offering of $100m of common stock

05 Jan 2015 @ 22:05
++BREAKING NEWS++ Cempra, Inc. (Nasdaq:CEMP), a clinical-stage pharmaceutical company focused on developing antibiotics to meet critical medical needs in the treatment of bacterial infectious diseases, today announced its intention to offer and sell shares of its common stock with an aggregate public offering price of approximately $100 million in an underwritten public offering pursuant to...
 
 
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