Global News

Just moment ago, at 10:00 am EDT, the rush for Candy Crush began as King Digital Entertainment (NYSE:KING), the Lond0n-based computer game maker, floated its IPO on the New York Stock Exchange at a price of $22.50. Within a mere five minutes the share price dropped almost 10%. This could turn out to be the […]

Nokia shares (NYSE:NOK) have been bearish: they are expected to dive further southward as confirmed by the technical analysis signal below. Occasional rallies have been followed by further southward moves. The market tempts the bull to think that the bearish era is over, only to correct lower. It is like giving food to charity and […]

The day we have been waiting for has finally arrived as Gulf Keystone Petroleum (LSE:GKP) has completed the move from the AIM to the Main Market today. Non-Executive Chairman, Simon Murray, observed that “The move up reflects the considerable success that the Company has enjoyed since its IPO, and marks the end of the move […]

Uranium Resources plc, the AIM-listed uranium exploration and development company in Tanzania, has said that it has entered into a further US$300,000 loan facility agreement with its major shareholder and strategic investor Estes Limited. The loan, which is unsecured, is available for the period to 1 January 2015 and bears interest at LIBOR, will be […]

Ferrex, an AIM quoted iron ore and manganese development company in Africa, has announced it has entered into Placing Agreements to raise £1.655million gross through the issue of 92,500,000 ordinary 0.5p shares in the Company. The funds raised will be used to continue the development of the Company’s low capex African iron ore and manganese […]

Today was scheduled to be the big day for Gulf Keystone Petroleum’s (LSE:GKP) migration from the AIM to the Main Market, but that has been pushed back until tomorrow, 25 March 2014. Meanwhile the GKP share price continues it’s three month decline that began in earnest on 06 March. The GKP share price is currently […]

Let’s face it. The construction business has been in the the crapper for about six years now. Residential and commercial building has is still trying to recover from the devastation of the 2008 economic collapse. It’s hard to build when you can’t get the funding to do it. Some infrastructure giants like Balfour Beatty (LSE:BBY) […]

I remember Ray Tracing back when we were in university together, so I was anxious to see what he is doing at Imagination Technologies (LSE:IMG). The first news that I heard was that IMG’s share price was up 12% this morning. So I thought he must be doing something great. Then I heard that he […]

How would you answer if I asked you, “Who is is largest e-commerce company in the world, measured by the amount of business transacted?” Would you pick Amazon or eBay? Or, thinking that I was asking a trick question, would you go with Google? It really doesn’t matter, because if you named one of those […]

Exide Technologies (OTCQB:XIDEQ), a global leader in stored electrical-energy solutions, announced today that the company has secured a new supply contract for storage batteries with the Defense Logistics Agency (DLA) Land and Maritime, Columbus, Ohio. The DLA is the U.S. Department of Defense’s largest logistics combat support agency, providing worldwide logistics support, acquisition...