US News

Down £0.7bn on Q3 2013 BP has reported its financial results for the third quarter of 2014. Underlying replacement cost profit for the quarter was $3.0 billion, compared with $3.7 billion for the same period in 2013. Operating cash flow for the quarter was $9.4 billion, compared with $6.3 billion in 3Q 2013. Total operating […]

Operations Update for Shoats Creek Field, Louisiana North American Petroleum Plc, a company focussed on developing its interests in proven US onshore oil and gas formations, has provided an update on its 1,670 gross acre Shoats Creek Project, in Louisiana where NAP holds a 35%/26.25% working/net revenue interest alongside Northcote Energy (35% WI), and Springer […]

Both MasterCard (NYSE:MA) and Visa (NYSE:V), the world’s largest processor of debit and credit card payments, released their quarterly earnings reports in the last 48 hours. I was tempted to write about Visa as its shares tried to carry the load on Wall Street on the same day as the Federal Reserve posted its latest, […]

U.S. markets took a downturn today following the release of its monthly monetary policy review findings and actions. The S&P 500 dropped off by 0.14% to 1,982.30. The Dow closed at 16,974.31, down .18%. The Nasdaq took the biggest hit at 4,549.23, down 0.33%. Today’s report was not the end of the world as some […]

After a week of whispering and wondering, it’s a “thumbs up” for Facebook’s third quarter results (NASDAQ:FB) which were released just after the Nasdaq closed today, exceeding Wall Street expectations and the company’s own projections in every area. The irony is that Facebook’s share price is trending lower in after-hours trading. Shares in Facebook have...

Yes, they are! CareTrust REIT (Nasdaq:CTRE) today announced that it has agreed to acquire a three-facility assisted living and memory care portfolio from Cross Healthcare, an assisted living and seniors housing operators. The Idaho portfolio includes 90 units and is being purchased for $12.0 million. The three facilities will be leased back to Cross affiliates […]

Xoom Corporation (Nasdaq:XOOM), a digital money transfer provider, will be introducing Xoom Bill Pay, a “cutting edge technology platform that facilitates cross-border bill payments, allowing people to pay their loved one’s bills online”. Xoom Bill Pay is scheduled to launch in November with cross-border bill pay to Mexico, Guatemala, El Salvador, Nicaragua and the Dominican...

Two global companies to collaborate on R&D to take offshore industry’s subsea imaging capability to the next level. BP and CGG today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative […]

Allergan’s share price (NYSE:AGN) opened slightly higher today following the release of its third quarter results for the period ending 30 September. Shares closed on Friday at $184.21, opening this morning at $186.80, which, so far, has been its high point for the day. This may be more due to the takeover bid from Valeant […]

Acquires budget licensee for Southern California and Las Vegas Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has agreed to acquire its Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost of acquired fleet. The licensee being acquired operates […]