US News

The share price of Barclays (LSE:BARC) fell 3.22% on the LSE today, closing at 254.30, dragging the nearly record-setting FTSE 100 index from its lofty heights of 02 March back to 6,889.13. The decline today was clearly attributable to two things: the release of the bank’s final results for the year ended 31 December 2014 […]

Leading Mobile Platform Provider to Expand Product and Market Footprint and Continue to Transform Enterprise Mobile App Development CloudMine, the industry’s most secure cloud mobile platform, has announced that it raised a $5 million Series A financing round, led by Safeguard Scientifics (NYSE:SFE) with participation by MentorTech Ventures, DreamIt Ventures, DeSimone Group Investments...

The share price of Glencore (LSE:GLEN) dropped by 3.11% in trading today, closing at 291.20. Since Glencore acquired Xstrata in May 2013 the impact of picking up the coal mining assets has combined with the broader world economic conditions to weigh on the company’s FY 2014 results. Taking the good with the bad On the […]

Waht are the details? Wintrust Financial Corporation (Nasdaq:WTFC) today announced the signing of a definitive agreement to acquire Community Financial Shares, Inc. CFIS is the parent company of Community Bank-Wheaton/Glen Ellyn, an Illinois-state chartered bank, which operates four banking locations in Wheaton and Glen Ellyn, Illinois. Since its formation in 1994, CBWGE has an exemplary...

Indeed they are. SunOpta Inc. (Nasdaq:STKL) (TSX:SOY), a global company focused on organic and healthy foods today announced it has signed a definitive agreement to acquire Citrusource, LLC.. The acquisition transaction closed contemporaneously with the execution of the definitive agreement. Citrusource is a leading supplier of premium not-from-concentrate private label organic and...

Net loss was $24.2 million for the fourth quarter of 2014 and $135.6 million for the year KYTHERA Biopharmaceuticals, Inc. (Nasdaq:KYTH) today reported financial results for its quarter and year ended December 31, 2014. “Last year KYTHERA achieved many milestones and this year we continue our upward momentum. Most notably, we filed our New Drug […]

Lately the U.S. and UK markets have been getting excitinger and excitinger. I know that’s bad grammar, but I just can’t help it. It’s exciting! We’ve been watching the FTSE 100 as we promised. (Obviously we would do that anyway.) But we can’t ignore the NASDAQ and the Russell 2000, both of which are reaching […]

Shares of mining major, Rio Tinto (LSE:RIO) have been up this afternoon in fairly light trading following its announcement of its next step in the transformation of its operational structure. Although its shares were in decline for most of the day, hitting a low of 3,189 in early trading, most of the day has been […]

Placing and Subscription of 167 million new Ordinary Shares to raise £835,000 Ferrex, an AIM quoted manganese development and iron-ore exploration company focused in Africa, has raised £835,000, before expenses (£768,250 net of expenses) through the placing of 127,500,000 new Ordinary Shares and subscription of 39,500,000 million new Ordinary Shares at 0.5p each in the […]

Bank of America stock (NYSE:BAC) is currently a dicey market and one should stay away until there is a predictable direction. The price made some effort to go north last year (2014), but there was a sharp pullback in the month of January 2015. The price is now trying to recover from the sharp pullback. […]