US News

Total assets under management increased to $3.7 billion, a 61% increase year over year Medley Management Inc. (NYSE:MDLY) today reported its financial results for its fourth quarter and year ended December 31, 2014. As Medley was not a public company during the complete reporting period, the financial results reported herein reflect those of our operating […]

++BREAKING NEWS++ Analogic Corporation (Nasdaq:ALOG), enabling the world’s medical imaging and aviation security technology, today announced the resignation of Michael Levitz, senior vice president, chief financial officer and treasurer, effective April 24, 2015. Mr. Levitz has decided to accept the chief financial officer role at Insulet Corporation. Following Mr. Levitz’s...

I was preparing to write this morning when, as part of my normal routine, I checked the World Index Chart on ADVFN. Nikkei up. That’s good. FTSE up. That’s good. Dow straight up! What? It started with the opening bell. By 10:00 am EDT, the Dow Jones Industrial Average (^DJI) had  already gained 250.00 points […]

How did they do? STR Holdings, Inc. (NYSE:STRI) today announced its financial results for the fourth quarter and full-year ended December 31, 2014. Fourth Quarter 2014 Summary: – Closed common stock issuance to Zhen Fa New Energy (U.S.) Co., Ltd. – Paid a special cash dividend of approximately $22.6 million to all stockholders, other than […]

Q4 2014 Production from Sugarloaf AMI, Texas Empyrean Energy, an US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided an update in respect of production from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the […]

Share in Kraft (NASDAQ:KRFT) climbed by an amazing 40% today following news late Tuesday, 24 March, that a merger offer has been made by Berkshire Hathaway and Brazilian company, 3G Capital, through their jointly-owned food product manufacturer, Heinz. The share price reached a record high of 87.88 before noon today.  Berkshire Hathaway and 3G acquired […]

How did the do? Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced financial results for the year-ended December 31, 2014. In February 2014, the successful completion of an initial public offering of Flexion common stock raised gross proceeds of approximately $75 million; and, in December 2014, a follow-on offering raised additional gross proceeds of approximately $98 million. […]

++BREAKING NEWS++ Electrovaya Inc. (TSX: EFL) has announced that all of the resolutions that shareholders were asked to consider at its 2015 Annual Meeting held in Mississauga, Ontario, were approved. The five directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Bejoy Das Gupta, Ralph E. Lean, Dr. […]

In the five years since the Deepwater Horizon oil spill, scientific data and studies are showing that the Gulf environment is returning to its baseline condition, according to a new BP report. The Gulf of Mexico Environmental Recovery and Restoration report also indicates that impacts from the spill largely occurred in the spring and summer […]

In the waning trading hours yesterday I wrote “I, for one, believe that there may be adequate activity and the right atmosphere to make this the week that the FTSE reaches 7,000.00.” That’s a pretty bold statement to make on a Wednesday afternoon. Lot’s of pundits might dare to say something like that before a […]