US News

Divestment of Interest in East Blackwell Northcote (AIM:NCT) has, in line with its strategy to dispose of certain non-core assets in its portfolio, it has sold its 100% working interest in the East Blackwell Skinner Sand Unit in Kay County, Oklahoma to a private party for US$75,000 in cash. East Blackwell has historically contributed approximately […]

Cash Placing of £0.55 Million Savannah Resources (LSE:SAV), advises that it has raised approximately £0.55 million cash (before expenses) through the placing of 21,900,000 new ordinary shares at a placing price of 2.5p per ordinary share with both new and existing investors. RFC Ambrian Limited acted as broker to the Placing. Savannah’s Chief Executive Officer, […]

Along with its co-venturers, BP is in the middle of a five year, £7 billion investment programme in the North Sea, including major projects in the central North Sea and Shetland area. BP and its co-venturers, ConocoPhillips, Chevron and Shell, have confirmed the safe installation of the new Clair Ridge platform’s quarters and utilities (QU) […]

The Supreme Court of the United States makes major headlines only a few times a year, but when it does, it usually makes enough to stir up enough controversy to last well into its next session. In the past week alone the justices, in their infinite wisdom, have ruled against individual states rights with respect […]

ARM Holdings (LSE:ARM) share price, which has been doing admirably well of late, fell by more than 4% in trading today, based, it would appear on a single analyst’s rating downgrade. It must be quite a heady feeling to wield that much power over the minds of investors. I find it a bit incredulous that […]

New Multi-Year Partnership Marketing Agreement Avis Budget Group, Inc. (Nasdaq:CAR) today announced that it has entered into an expanded, new multi-year partnership marketing agreement with Southwest Airlines (NYSE:LUV) which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Southwest Airlines...

Also discuss “Eliminating Subordinated Debt and Reducing Warrant Overhang” RGS Energy (Nasdaq:RGSE), a leading rooftop installers of solar equipment, has converted all of its subordinated debt to Class A common stock and entered into agreements to exchange a substantial amount of its Series A and C warrants for Class A common stock. The subordinated debt […]

When Tesla Motors’ share price (NASDAQ:TSLA) closed at 259.00 on 11 August 2014, it set a new record high. It continued to set new high nearly every trading day through 04 September before a bumpy, but consistent decline that lasted 27 March of this year when it bottomed out at 185.00 amidst gloom and doom […]

Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) announced that it has agreed to purchase a portfolio of four transitional care facilities located in Maryland. On June 22, 2015, Sabra agreed to acquire four skilled nursing facilities that specialize in transitional care and medically complex post-surgical, ventilator and dialysis patients with a total of 678 licensed […]

Revenue of $705.5 million and net income of $20.0 million Steelcase Inc. (NYSE:SCS) today reported first quarter revenue of $705.5 million and net income of $20.0 million, or diluted earnings per share of $0.16. Excluding net restructuring costs, adjusted earnings were $0.17 per share. In the prior year, Steelcase reported $723.1 million of revenue, diluted […]