US News

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 […]

Long retention EEPROM semiconductor device Northrop Grumman Corporation (NYSE:NOC) has successfully completed initial testing of a new nonvolatile memory semiconductor device that could be of significant benefit to the oil exploration field and other industries that require semiconductor devices capable of operating for long periods at high temperatures. The company’s new semiconductor...

Team, Inc. (NYSE:TISI) today announced that Ted W. Owen, has been named Chief Executive Officer, effective December 1, 2014. Mr. Owen was promoted to President of the Company in July 2014 and has been Chief Financial Officer since shortly after joining the Company in 1998. This action by Team’s Board of Directors is, the company […]

++Breaking News++ LinkedIn Corporation (NYSE:LNKD) today announced its intention to offer, subject to market conditions and other factors, $1.15 billion aggregate principal amount of convertible senior notes due in 2019 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. LinkedIn also expects to grant […]

How did they do? Codexis, Inc. (Nasdaq:CDXS), a developer of biocatalysts for the pharmaceutical and fine chemical industries, today announced financial results for the third quarter and nine months ended September 30, 2014. “I am pleased with the solid progress we are making towards our goals for 2014. All of our revenue categories showed significant […]

See you in court? Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm, alerts investors that a class action lawsuit has been filed against American Realty Capital Properties, Inc. (Nasdaq:ARCP). The suit is pending in the U.S. District Court for the Southern District of New York and investors have until December 29, 2014 to […]