US News

San Mateo based RingCentral (NYSE:RNG), a leading provider of cloud business communications solutions, has opened for trading on the New York Stock Exchangeunder the ticker symbol “RNG” after its initial public offering. KCG Holdins, Inc. is the Designated Market Maker for RingCentral’s stock. Chairman and CEO Vlad Shmunis, accompanied by employees and members of...

A number of years ago I was privileged to work alongside a recently retired U.S. Army “Bird Colonel.”  Had he not retired, his next rank would have been Major General.  I consider him one of my mentors.  Perhaps the greatest lesson that he taught me was that, “You do not have to fight every battle. […]

The AIM listed African focused support services and logistics company Africa Oilfield Logistics (LSE:AOL) focused support services and logistics company has announced that its 49% owned subsidiary Ardan Risk & Support Services (‘Ardan’) has signed a contract with Weatherford Drilling International Ltd, a subsidiary of Weatherford International Ltd (NYSE:WFT) (‘Weatherford’), the NYSE...

Normally, I try to ignore rumors, but this one is simply too big to ignore.  The word on the street is that Intel (NASDAQ:INTC) has entered into M&A talks with the world’s leading chip designer, the UK’s own ARM Holdings (LSE:ARM).  ARM’s share price has risen over the past week from 960.0 on 18 September […]

Empyrean Energy (LSE:EME), an AIM-listed profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to announce its participation in two new wells in the Eagle Ford Shale, Texas. This participation is a part of its interest in ‘Sugarloaf Block A’ operated by Burlington Resources […]

Were the rest of the food retailer’s results any easier to digest? ConAgra Foods (NYSE:CAG), one of North America’s leading food companies, has admitted to “weak results” whilst announcing financial details for the fiscal 2014 first quarter ended Aug. 25, 2013. Diluted EPS from continuing operations was $0.33 as reported for the fiscal first quarter, […]

Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; So the Fed didn’t move. A no-show for T-day. Markets surprised, with few expecting nothing at all, most seeing at least some reduction in order to maintain credibility after all that build up to Sep-taper (last time I use […]

NYSE Technologies, the commercial technology division of NYSE Euronext (NYX), has announced that it has obtained approval from the Chinese State Council Information Office (SCIO) to distribute market data in China. The deal was foretold in Chairman Mao’s Little Red Book of Pink Sheets. With the license from the SCIO, NYSE Technologies will disseminate financial […]

Summer has come and is almost gone.  Larry Summers, on the other hand has already come and gone.  I understand how the end of Summer affect the entire planet, but I am somewhat in the dark as to how the end of Summers is cited as the almost singular reason for world markets to be […]