US News

There are still almost three hours of trading time left in New York, but with the Dow down by more than 228 points to 17,760.87, the Nasdaq down 42.02 points to 4,851, and the S&P 500 down 20.26 points to 2,045.9, it does not appear that the day is going to end well. Normally, I […]

What are the details? AmTrust Financial Services, Inc. (Nasdaq:AFSI) today announced that it priced on March 12, 2015 an underwritten public offering of 6.6 million of its depositary shares, each representing a 1/40th interest in a share of its 7.50% Non-Cumulative Preferred Stock, Series D, with a liquidation preference of $1,000.00 per share (equivalent to […]

Why so? UPS (NYSE: UPS) has received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 1,500,000 shares of UPS’s Class B common stock, or approximately 0.2% of the outstanding Class B shares as of February 18, 2015. TRC Capital’s unsolicited “mini-tender” offer price of $95.25 per share is approximately […]

Nanosphere, Inc. (Nasdaq:NSPH), a company enhancing medicine through targeted molecular diagnostics, offers the Verigene® Gram-Negative Blood Culture Test (BC-GN), approved by the FDA in June 2014 as the first and only FDA-cleared test that rapidly identifies the five carbapenem resistance genes most commonly associated with carbapenem-resistant Enterobacteriaceae (CRE). Three recent outbreaks...

For 5 Kilowatt Hall Thruster ThermoThrottle Development European Space Propulsion (ESP), a subsidiary of Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, recently received a contract from Airbus Space and Defence and Thales Alenia Space for the development of a new ThermoThrottle to provide variable Xenon Flow Control (XFC) for the ESP XR-5E Hall Thruster, the European […]

The share price of Kirkland Lake Gold (LSE:KGI) (TSX:KGI) got a 24-carat response from investors today after issuing its Q3 2015 results. Its share price closed at 255.00 on the London Exchange, up by 4.08%, boosting it back to more than halfway toward its 52-week high of 334.00 and its low of 135.00 for the […]

How did they do? Frequency Electronics, Inc. (Nasdaq:FEIM) reported revenues for the third quarter of fiscal 2015, which ended January 31, 2015, of $18.4 million, compared to $18.2 million recorded in the third quarter of fiscal 2014. Revenues for the first nine months of fiscal 2015 were $57.4 million compared to $52.1 million recorded in […]

What are they up to? Cartesian (Nasdaq:CRTN), a specialist provider of consulting services and managed solutions to the global communications, technology and digital media industries, today announced the expansion of its business development team in the European market with the addition of three new hires. Andy Harper, Andy Weston and Jonathan Hayley join Cartesian’s EMEA […]

Raises £660,000 to Capitalise on New Opportunities in the Unmanned Aerial Vehicle Sector Strat Aero plc, an international aerospace services company, has raised £660,000, before expenses, through the issue of 7,333,334 new ordinary shares at 9p per share. This funding marks a significant step for Strat Aero as it continues to realise its strategy of […]

Appointment of Executive Vice President – Mexico Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has said that Mr. Abraham Achar has joined the Company as full time Executive Vice President – Mexico. In this role, Mr. Achar will lead and develop business development activities in Mexico, which has recently reopened […]