US News

Will supply clean power to more than 10,000 households Abengoa (Nasdaq:ABGB), the international company that applies “innovative technology solutions for sustainability in the energy and environment sectors”, is to construct a 20 MW hydroelectric power plant in the Mamacocha River in Arequipa (Peru) for the owner, Hidroelectrica Laguna Azul. The project will require an investment...

2nd Batch of 30 Hospitals and Medical Examination Centers Dehaier Medical Systems Ltd. (Nasdaq:DHRM), which develops, assembles, markets and sells medical devices and wearable sleep respiratory products in China, today announced that its sleep respiratory solution systems have been adopted by an additional 26 major hospitals and 4 medical examination centers in Beijing, Tianjin, Shanxi...

LPC54100 Series In a major leap forward for sensor-based products, NXP Semiconductors N.V. (Nasdaq:NXPI) today unveiled the LPC54100 series of microcontrollers, a breakthrough in ultra-low power performance for “always-on” sensor processing. With patented, market-proven architectural innovations, the series achieves unmatched power efficiency and consumes an average of 20 percent...

Initiation of Phase 1 Clinical Study of MM-398 Merrimack Pharmaceuticals, Inc. (Nasdaq:MACK) today announced that the first patient has been enrolled in a Phase 1 clinical study of MM-398 (nanoliposomal irinotecan injection) in a highly concentrated formulation in patients with recurrent high grade glioma, a type of aggressive brain tumor with poor prognosis. The study […]

Tesla’s results came in yesterday (05 November) for the third quarter of 2014, and they were electric (excuse the pun). Tesla (NASDAQ:TSLA) shares closed at 230.97, but surged to 246.68 just after 10:00 a.m. this morning EST. The share price has tapered a bit since then. It is currently in a holding pattern around the […]

BHP Billiton (LSE:BLT) apparently ascribes to the policy of “Don’t ask for permission. Ask for forgiveness.” Reasonble certain that their legal department has found a loophole in a long-standing ban on export of U.S. crude oil, the Anglo-Australian energy giant has set in process a plan to act without permission. That could be risky business. […]

Pension Funds-Led Litigation Results in Third Largest MBS Class Action Payment A federal judge has given final approval to a $275 million cash settlement in the mortgage-backed (MBS) class action litigation against Royal Bank of Scotland (RBS) and others led by New Jersey Carpenters Health Fund and the Boilermaker Blacksmith Pension Trust, along with additional […]

Indian Consumers Will Now Have Easier Access to Digital Gift Codes Through Unique Bank Availability Euronet Worldwide, Inc. (Nasdaq:EEFT), a leading global electronic payments provider and distributor, today announced a strategic partnership with Flipkart, India’s favorite on-line shopping destination and the leading e-commerce market-place in the country, to distribute Flipkart digital...

Involves affordable housing PPP project Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Ithmar Development Co. to provide project management services in connection with the Bahrain Affordable Housing Public-Private Partnership (PPP) Project. The three-year contract has an estimated value to Hill of...

Alibaba (NYSE:BABA) issued its first quarterly report since its mid-September IPO today.  Its share price increased by 4.19% to 106.07 from yesterday’s close of 101.80. The financial statement was one of those that can be reported at the polar opposites of positive or negative, depending on which aspect one prefers to tout. Investors are still […]