US News

Kaiser Aluminum Terminates Defined Benefit Accounting With Respect to the Union VEBA and Removes the Related Net Assets From Its Balance Sheet Kaiser Aluminum Corporation (Nasdaq:KALU) today announced that, as a result of the definitive expiration of its obligation to make annual variable contributions to the union voluntary employees’ beneficiary association (the “Union...

Sale to Antin Infrastructure Partners BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the operator of CATS. The agreement comprises a payment on completion of £302 million ($453 […]

The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20%  at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]

what can the new piece of kit do? Northrop Grumman Corporation (NYSE:NOC) and the U.S. Navy successfully demonstrated fully autonomous aerial refueling (AAR) with the X-47B Unmanned Combat Air System Demonstration (UCAS-D) aircraft today, marking the first time in history that an unmanned aircraft has refueled in-flight. This is another historic aviation milestone for the […]

The share price of BP (LSE:BP.) closed marginally down (0.05%) at 479.75 after reaching 484.20 in intraday trading, up at the point by 0.875%. BP continues to trade nearer to the low end of its 52 week range if 364.40 to 526.80. But today’s story is not so much about its share price activity today […]

Cambridge chip designer, ARM Holdings (LSE:ARM) shares reached a record high of 1,233 today on the London Exchange following a first quarter earnings report that handily beat expectations. ARM shares closed on Monday at 1,150 and opened this morning at 1,218, a 5.9% increase in early trading. The share price reached its all-time high shortly […]

GulfMark Offshore, Inc. (NYSE:GLF) today announced its results of operations for the three-month period ended March 31, 2015. For the first quarter ended March 31, 2015, revenue was $89.1 million, and net loss was $5.1 million, or $0.21 per diluted share. Included in the quarterly results is one special item that totals $0.01 per diluted […]

Appointment Effective Upon Expiration of Manuel “Manolo” Marquez’s Contract Hudson Global, Inc. (Nasdaq:HSON), a leading global talent solutions company, has announced that Stephen Nolan has been appointed chief executive officer. Mr. Nolan, who currently serves as executive vice president and chief financial officer, will succeed Manuel “Manolo” Marquez upon the...

Double-Digit Growth in Both Loans and Deposits, Key Legal Resolution Continue Momentum Into 2015 In the first quarter of 2015 First Horizon National Corp. (NYSE:FHN) saw solid loan and deposit growth at its First Tennessee regional bank, a rebound at its FTN Financial capital markets group and a settlement of a key issue related to […]

What are the details? City National Corporation (NYSE:CYN) has announced that it has declared cash dividends on its outstanding series of preferred stock. A quarterly cash dividend of $13.75 per share was declared on its 5.50% Non‑Cumulative Perpetual Preferred Stock, Series C (equivalent to $0.34375 per related depositary share), payable on May 13, 2015 to […]