Global News

Yesterday i put out a blog suggesting buy  (LSE:OEX) Oilex on fundermental reasons, Chris Oil calls it again, combined with excellent comments by guru chartist Zak Mir near term 5.5p.  Todays daft price clearly shows Oilex is an outstanding buy around 4p for very near term news. Oilex (LSE:OEX) is a very undervalued company on […]

Orchid Island Capital, Inc. (NYSE:ORC), a real estate investment trust, today announced results of operations for the three month period ended March 31, 2015. First Quarter 2015 Highlights: – Net income of $5.5 million, or $0.33 per common share – First quarter total dividends declared and paid of $0.54 per common share – Book Value […]

Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has completed of the bulk sample collection ahead of the full scale pilot plant campaign for its 100% owned Araguaia nickel project in Para State, north central Brazil. Highlights: · High grade nickel intersections received from bulk sampling drilling include: o 11.45 meters grading […]

Let us look at the detais…. Windstream Holdings, Inc. (Nasdaq:WIN) announced today that its wholly owned-subsidiaries, Windstream Services, LLC (Windstream) and PAETEC Holding, LLC (PAETEC), are calling for redemption certain of their outstanding notes on May 27, 2015. Windstream is calling all of the approximately $400 million outstanding aggregate principal amount of its 8.125% Senior...

First Savings Financial Group, Inc. (Nasdaq:FSFG) , the holding company for First Savings Bank, today reported net income and net income available to common shareholders of $1.5 million, or $0.66 per diluted share, for the quarter ended March 31, 2015 compared to net income and net income available to common shareholders of $1.5 million, or […]

Fifteen years ago, in 2000, the sages warned that the dot.com bubble was going to burst. They were right. It did. I don’t remember them saying that it would come bubbling back in 2015. But it did – yesterday. Some may want to call it by a different name, but when the NASDAQ (NASDAQI:COMPX) rose […]

Sale to Antin Infrastructure Partners BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the operator of CATS. The agreement comprises a payment on completion of £302 million ($453 […]

The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20%  at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]

Ivrea Project: Second Exploration Permit Issued Nyota Minerals Limited (LSE:NYO) has announced that a second exploration permit at the Ivrea Project in the Piemonte Region of Italy has been issued to KEC Exploration Pty. Nyota announced on 10 February 2015 that it had entered into a binding agreement for the acquisition of 70% of KEC. […]

Issue of equity and consideration shares Northcote Energy (LSE:NCT) has announced that further to the announcement of 12 February 2015 it has now issued the 1,266,074,005 consideration shares to North American Petroleum and furthermore has issued applied for 102,042,482 new ordinary shares to be issued in settlement of directors remuneration and consultancy costs. NAPP completion […]