US News

What are the detail? Farmer Bros. Co. (NASDAQ:FARM) today reported financial results for the first quarter ended September 30, 2015. First Quarter Fiscal 2016 Highlights: – Net sales decreased 1.9% to $133.4 million in the first quarter of fiscal 2016, as compared to the prior year period; – Gross profit increased $2.5 million, or 5.1%, […]

What are the details? Novatel Wireless, Inc. (NASDAQ:MIFI), a leading provider of solutions for the Internet of Things (IoT) and inventors of MiFi technology, announced financial results for the third quarter ended September 30, 2015. “The acquisitions of Feeney Wireless and DigiCore have truly changed the game for Novatel Wireless. We anticipate that half of […]

Recent big news from the US was that the Fed’s Chair Janet Yellen “sees a possible December rate rise, and a gradual hiking path”. Janet Yellen on Wednesday highlighted a possible December interest rate “lift-off” but said rates would rise only slowly from then on to nurture the U.S. economic recovery. These are her first […]

Commencement of 10 Well Drilling Programme with Continental Resources in Oklahoma Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has announced the commencement of a 10 well drilling programme, as announced on 2 October 2015, targeting the proven Woodford formation in the prolific South-Central Oklahoma Oil Province […]

I have waited all day for this – waiting for Tesla Motors (NASDAQ:TSLE) to release its third quarter results and reading about the gloom and doom the prognosticators have been predicting. Well, it is certainly a mixed bag. I have to give you that. The simplest headline out there at the moment is “Tesla Reports […]

What are the details? Vascular Biogenics Ltd. (NASDAQ:VBLT), today announced the pricing of an underwritten offering of 2,500,000 ordinary shares together with accompanying warrants to purchase an aggregate of 1,250,000 ordinary shares. The combined offering price of each ordinary share and accompanying warrant was $6.00 per share. The gross proceeds to VBL Therapeutics from this […]

What are the details? Epiq Systems (NASDAQ:EPIQ), a global provider of integrated technology solutions for the legal profession, today announced the appointment of Noah Ornstein as managing director, strategic ventures for corporate restructuring solutions. Mr. Ornstein will lead the development and implementation of new products, enhancement of existing products and expansion of...

What are the details? Independent Bank Group, Inc. (Nasdaq:IBTX), the holding company for Independent Bank, today announced the completion of the acquisition of Grand Bank, Dallas, Texas. As of June 30, 2015, Grand Bank reported total assets of $608.6 million, total deposits of $507.1 million, and total equity capital of $41.6 million. Grand Bank is […]

BP Technology Outlook predicts secure and sustainable energy future through application of existing and new technologies Advances in technology will keep energy supplies plentiful and affordable – enough to meet projected demand many times over — and help pave the way to a lower carbon energy mix, according to data published today in the BP […]

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE:NOC) a $95 million contract for low-rate initial production of the Joint Counter Radio-Controlled Improvised Explosive Device (RCIED) Electronic Warfare (JCREW) Increment 1 Block 1 (I1B1). The contract, awarded by the U.S. Naval Sea Systems Command (NAVSEA), includes options which, if exercised, would bring the total value […]