US News

Michael Dell is continuing to reinvent and rebuild his empire (He is 47th on the 2015 Forbes 400). Dell formally announced this morning that would be acquiring IT services giant EMC (NYSE:EMC) for $67 billion. Michael Dell and Silver Lake Partner spent $25 billion to take his company private in October 2013. At that time, […]

What are the details? Grupo Gondi and WestRock (NYSE:WRK) have agreed to combine their operations in Mexico to form a joint venture, creating a leading paper and packaging company in the country. Grupo Gondi currently operates ten production sites that hold six paper machines, seven corrugated packaging plants and four modern high graphic folding carton […]

What are the details? Northrop Grumman Corporation (NYSE:NOC) has been awarded a $58,706,242 million contract from the Marine Corps to develop and test the Ground Weapon Locating Radar (GWLR) mode for the AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR). The GWLR mode is a software update that brings additional mission capability to the ground-based multi-mission Active Electronically […]

Fabric-on-Demand Pioneer Prepares for Global Expansion, Relies on One-Step Digital Printing Technology Kornit Digital, (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, has announced that Spoonflower, Inc., a pioneer and fast-growing producer of on-demand fabrics, has purchased its fourth Kornit Allegro system. This fourth system will be the first unit to go into...

Nicolas Aubert Appointed CEO of Willis Limited Willis Group Holdings (NYSE:WSH), the global risk advisory, re/insurance broking and human capital and benefits firm, has appointed Nicolas Aubert as Chief Executive Officer (CEO) of Willis Limited, the Willis Group’s principal UK regulated entity. The appointment, which has received regulatory approval from the Financial Conduct Authority (FCA...

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Yesterday the International Monetary Fund (IMF) its World Economic Outlook report. I saw the report as cautionary. I also suggested waiting for today’s IMF Global Financial Stability Report. Even a cursory reading of today’s report suggests that the IMF is recommending more than caution, but, however subtly, issuing just enough of a warning to be […]

US auto sales accelerated in September, receiving a boost from the Labour Day holiday weekend falling entirely in the month and other favourable conditions that have been in play all year. This has laid the foundation for the car industry to achieve its best sales year since the turn of the century when auto sales […]

Leading up to its October meeting from the 9th to the 11th of this month in Lima, Peru, the International Monetary Fund released its World Economic Outlook today. The release was skillfully crafted, including its title, “Uncertainty, Complex Forces Weigh on Global Growth.” Maurice Obstfeld, IMR Economic Counsellor and Director of Research, described the global […]

Despite our own ADVFN News Summary page indicating that there was “No major news today” in the Aerospace & Defence sector, major U.S. defense manufacturers have enjoyed what would be called a good day by any standard. I try to keep an eye on suppliers to the military on a regular basis, but with the […]