US News

Yes, they are. Metabolix, Inc. (Nasdaq:MBLX), an advanced biomaterials company focused on sustainable solutions for the plastics industry, announced today that it will effect a 1-for-6 reverse stock split previously approved by the Company’s stockholders at a special meeting held on October 30, 2014. The 1-for-6 reverse stock split will be effective as of the […]

$250 million First Lien term loan, with $202.5 million of new funds – Exchange of $69.6 million of unsecured high yield notes for $47.2 million of first lien debt Warren Resources, Inc. (Nasdaq:WRES) today announced the closing of a $250 million strategic refinancing with funds sponsored by Franklin Square Capital Partners and sub-advised by GSO […]

The big conversation in the U.S. this morning is the announcement that Charter Communications, Inc. (NASDAQ:CHTR) has entered into an agreement to merge with its bigger rival Time Warner Cable, Inc. (NYSE:TWC) and a smaller rival, Bright House Networks. Bright House is not a publicly-traded company. Some seem to be stunned that Charter and TWC […]

Chaim Katzman, Chairman of Gazit-Globe and Citycon: “This Transaction Strengthens the Position of Gazit-Globe as a Leader in the Global Shopping Center Industry” Gazit-Globe (NYSE:GZT) (TSX:GZT) (TASE:GZT), one of the world’s leading multi-national real estate companies focused on the management, acquisition, development and redevelopment of supermarket-anchored shopping...

Potential Investment and Trading Update MX Oil plc, the AIM quoted oil and gas investment company, has announced that besides its focus on Mexico, it is considering a number of near term, cash generative investments in geographies outside of the Americas that could assist in funding the work programmes of its target Mexican assets. However, […]

Q1 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided a production update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of […]

The share price of Hewlett-Packard (NYSE:HPQ) surged today, closing at 34.76, up 2.75% after having reached 35.57 earlier in the day. HP’s share price fell from 38.49 on 24 February and has remained below 34.00 since 05 March. It reached its year-to-date and 52-week low of 31.16  on 31 March. It’s a bit hard to […]

Will also provide marine bunker sales BP and Sinopec Fuel Oil today announce the formation of a 50:50 marine fuels bunkering joint-venture, BP Sinopec Marine Fuels Pte Ltd. Based in Singapore, one of the largest and busiest ports in the world, the joint venture will build out from its partners existing bunkering locations and activities. […]

The share price of big-box, U.S.-based retail giant, Wal-Mart (NYSE:WMT)  is down by more that 2.2% in pre-market trading just nine minutes before the opening bell is to be rung at the New York Stock Exchange. Wal-Mart released a disappointing Q1 FY16 earnings report earlier this morning that included a 7% drop in profit. As […]

Who are they? The Board of BP have announced that it has appointed Mrs Paula Rosput Reynolds and Sir John Sawers as Non-Executive Directors with immediate effect. Mrs Rosput Reynolds has over 25 years’ experience in the energy sector, including as president and chief executive officer of AGL Resources. Sir John Sawers has had long […]