US News

I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

$75.0 Million Agreement Gladstone Land Corporation (Nasdaq:LAND) announced today that it, through one of its wholly-owned subsidiaries, has completed an initial issuance under a secured bond purchase agreement with Federal Agricultural Mortgage Corporation that provides for borrowings up to an aggregate principal amount of $75.0 million. The initial issuance of approximately $3.7 million...

The initial offering price of Lending Club (NYSE:LC) shares was $15.00, higher than the $12.00-$14.00 range anticipated. When shares started trading for the first time on 11 December, they popped 65% before finishing the day up 56% at $23.43. Lending Club shares closed Friday at $24.69 and increased to $24.84 in after-hours trading. The Emergence […]

Nasdaq (Nasdaq:NDAQ) announced that trading of Hortonworks, Inc. (Nasdaq:HDP), a leading contributor to and provider of Apache Hadoop, commenced on The Nasdaq Stock Market on December 12, 2014. Hortonworks develops, distributes and supports the only 100% open source Apache Hadoop data platform. Hortonworks is focused on providing an enterprise grade Hadoop software platform that enables...

Also expects $1 billion in Group-wide restructuring charges over coming year BP will today present to investors its strategy and plans to the end of the decade and beyond for its Upstream oil and gas business. The day-long presentation, led by BP’s Upstream chief executive Lamar McKay, will provide an in-depth and detailed account of […]

Drilling Rig Fuel Costs Expected to Drop by ~50%; Significant Reduction in CO2, NOx and SOx Emissions Projected Halcón Resources Corporation (NYSE:HK) today announced that it has commissioned its first compressed natural gas facility through its subsidiary, Hawk Clean Fuels. This CNG facility is serving the Company’s operations in its El Halcón area in East […]

++BREAKING NEWS++ Agios Pharmaceuticals, Inc. (Nasdaq:AGIO) today announced that it is offering to sell, subject to market and other conditions, up to $175 million of its common stock in an underwritten public offering. Agios also intends to grant the underwriters a 30-day option to purchase from it up to an additional $26.3 million of shares. […]

The MoU consolidates the talks held by the companies this year and marks the starting point for the specific projects that the companies have already identified. Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, signed a memorandum of understanding in Seoul on […]

++ BREAKING NEWS ++ Geoff Morrell, BP America’s Senior Vice President of U.S. Communications and External Affairs, issued the following statement today in response to the United States Supreme Court’s denial of BP’s request to review the Fifth Circuit decisions relating to the compensation of claims for losses with no apparent connection to the Deepwater […]

Who is the new member of the board? Northrop Grumman Corporation (NYSE:NOC) announced today that its board of directors has elected Kenneth L. Bedingfield, corporate vice president and chief financial officer, effective after the company files its 2014 annual report. Bedingfield will succeed James F. Palmer, who has announced his intention to retire in 2015. […]