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Rex Energy cuts deal with Shell affiliate

Aug 12 2014 @ 16:05
Worth $120m Rex Energy Corporation (Nasdaq:REXX) today announced the acquisition of approximately 208,000 gross (207,000 net) acres in the company’s Butler Operated Area. Acquisition: Rex Energy has entered into a definitive purchase agreement with SWEPI, LP, an affiliate of Royal Dutch Shell, plc to acquire a 100% interest in approximately 208,000 gross (207,000 net) acres […]
 

GSK Again?

Aug 12 2014 @ 12:37
I have struggled for the better part of two days now to not write about GlaxoSmithKline pharmaceuticals (LSE:GSK). I’ve already written about GSK and its share price five times in the first six months of 2014. What more could there possibly be to report? Nonetheless, GSK just seems to have a way of gaining attention, […]
 

Black Diamond nabs former Sony and Gap Executive

Aug 11 2014 @ 16:13
Zeena Freeman to join as President Black Diamond, Inc. (Nasdaq:BDE), a global performance equipment and apparel company, has appointed Zeena Freeman as president. As president, Freeman will succeed Black Diamond Co-Founder Peter Metcalf who will continue to serve as CEO and director. She will be taking over operating responsibility of the Black Diamond Equipment, POC […]
 

UniQure buys InoCard

Aug 11 2014 @ 16:10
Plans to tackle congestive heart failure uniQure (Nasdaq:QURE), a leader in human gene therapy, has announced the acquisition of InoCard GmbH, an innovative, early-stage biotechnology company focused on the development of gene therapy approaches for cardiac disease. InoCard has developed a novel gene therapy to preclinical proof of concept, for the one-time treatment of congestive […]
 

Arrhythmia Research Technology reports 28.1% revenue growth

Aug 07 2014 @ 15:52
– Net sales increased 28.1% over second quarter 2013 to $6.3 million; Net sales were up 16.7% year to date – Gross margin in the second quarter of 2014 expanded 6.7 points to 18.1% Arrhythmia Research Technology, Inc. (NYSE:HRT), operating through its wholly-owned subsidiary, Micron Products, Inc., is a diversified manufacturer of proprietary, highly-engineered technologies...
 

GKP Investors Fearful of Further Fighting

Aug 07 2014 @ 15:06
It was just three days ago, Monday, 04 August, that I wrote about Kurdish oil producers shares falling as the militants of the Islamic State had taken new ground in northern Iraq, include control of the countries largest dam on Lake Mosul. Continued advancement, now eastward, by the militant troops is quickly eroding investor confidence […]
 

Spirit cut deal with unions

Aug 07 2014 @ 14:00
BREAKING NEWS. Spirit Airlines (Nasdaq:SAVE) and its flight attendants, represented by the Association of Flight Attendants-CWA (AFA), announced today that they reached a tentative agreement for a five-year contract. The tentative agreement, which is subject to ratification by the flight attendant membership, planned for fourth quarter 2014, was unanimously supported by the union’s...
 

BP secure Indonesian approval for Tangguh expansion

Aug 07 2014 @ 13:51
Company call it a ‘signficant milestone’ BP announced today that the Government of Indonesia, through the Ministry of Environment, has approved the Tangguh Expansion Project Integrated AMDAL environmental and social impact assessment and issued the project an environmental permit. The AMDAL includes Tangguh’s environmental and social commitments. It also outlines the role of the...
 

Northrop secures US Navy contracts

Aug 06 2014 @ 15:42
Steering Gear Systems for Arleigh Burke-Class Guided Missile Destroyers Northrop Grumman Corporation (NYSE:NOC) has been awarded contracts from the U.S. Navy, General Dynamics Bath Iron Works and Huntington Ingalls Industries to provide integrated bridge and navigation systems and steering gear systems to modernize Arleigh Burke-class guided missile destroyers (DDGs). Naval Sea Systems Command...
 

Bob Evans' board calls takeover attempt "unsustainable"

Aug 06 2014 @ 15:35
Bob Evans Farms, Inc., (Nasdaq:BOBE) today mailed a letter from its Board of Directors to the Company’s stockholders, discussing the “unsustainable economic agenda” and “non-substantive operational suggestions” put forward by Sandell Asset Management, which is attempting to turn over control of the company at the Bob Evans 2014 Annual Meeting on August 20th. The...
 
 
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