US News

It’s early in the trading day on the NASDAQ, but it is beginning to appear that investors are going to be regaining confidence in Apple (NASDAQ:AAPL) following CEO Tim Cook’s address at the annual BoxWorks conference. Apple shares have gained 1.16% in the opening half hour of trading amidst a flurry of trading of nearly […]

Most airport hotels are huge, architecturally bland and impersonal affairs, where one simply checks in because it’s the only real practical choice. It is either that or trying to manipulate your weary body into a comfortable position on a very uncomfortable plastic seat or bench, or if one is a little luckier a more comfortable […]

Half-yearly Results Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, announces its half-yearly results for the six month period ended 30 June 2015. Operational Overview – 26% year on year increase in number of producing wells to 195 in proven US onshore formations such as the Bakken/Three Forks […]

Eligibility of Software Development Law Tax Benefits MercadoLibre, Inc. (Nasdaq:MELI), Latin America’s leading e-commerce technology company, announced today that it has obtained approval from the Argentine Industry Secretary for income tax and payroll exemptions under a new software development law. These income tax and payroll exemptions are expected to not only reduce the effective...

Americas Posts Record Operating Results; Significant Progress Achieved in EMEA Modernization Steelcase Inc. (NYSE:SCS) today reported second quarter revenue of $819.0 million and net income of $37.2 million, or diluted earnings per share of $0.30. Excluding restructuring costs, adjusted earnings were $0.35 per share. In the prior year, Steelcase reported $786.7 million of revenue, diluted...

BHP Billiton’s share price (LSE:BLT) rebounded today as two new parts of the company’s developing story were revealed. By and large, investors will probably give much more attention to the cuts in executive pay than the other, just as significant story. BHP shares are up at 1,046.00 at 11:09 a.m. EDT. That is a gain […]

Interim results for the six month period to 30 June 2015 Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has issued interim results for the six month period ended 30 June 2015 (“H1 2015”). Note that all references to “$” are to United States dollars. Operational overview · Robust […]

So there we have it, the Fed has left interest rates on hold, and as I have been saying, this was to be expected. Janet Yellen talked about uncertainty over China being a significant factor, and as I outlined again yesterday, subdued inflation was held out as another reason to remain loose. The US indices […]

All day long financial news sites have been littered with headlines speculating about whether or not the U.S. Federal Reserve would at last raise interest rates this month as has long been anticipated. If not speculating about whether or not, they speculated all day about what if. Between that and the reports on last night’s […]

What are the details? BP and Ningxia Baota Chemical Fibre Co., Ltd. (a majority owned subsidiary of Baota Petrochemical Group) have signed an agreement to license BP’s latest generation purified terephthalic acid (PTA) technology, the third such deal agreed by BP. Ningxia Baota intends to build a 1.2 million tonnes per annum (tpa) unit at […]