US News

Meridian Interstate Bancorp (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today the results of the stock offering of Meridian Bancorp, Inc., a newly formed corporation that is the proposed successor holding company for East Boston Savings Bank. The closing of the offering and the conversion from the mutual holding company to stock […]

Just one look at the chart and you will see why all the ballyhoo about the botched Facebook (NASDAQ:FB) IPO was really “Much Ado About Nothing.” As of this very moment, Facebook’s share price of $76.37 is almost exactly double its IPO share price of $38.23 on 28 May 2012 and more than quadruple it […]

Investors responded enthusiastically today to the announcement of the preliminary results for Renishaw’s (LSE:RSW) fiscal year ending 30 June 2014. Recording both record quarterly and annual revenues along with a 17% increase in pretax profits sent the Renishaw share price through the roof with an incredible 22.52% (331.00 pence) increase to 1,801.00. Even before the […]

The share price of ARM Holdings (LSE:ARM) (NASDAQ:ARMH) jumped 5.88% today to 882.50, helping to prop up the FTSE, following the publication of its results for the second quarter and first half of 2014. Let me say right from the start that I am a fan of ARM Holdings, from a strategic investment and operational […]

It would not be a surprise to see a short-term decline in a number of fast food brand stocks, especially following what happened today in China, which probably contributed to declines today for Yum Brands (NYSE-YUM) and McDonald’s (NYSE:MCD) share prices. Several decades ago I was having a business dinner with a number of associates […]

Additional £0.6m Well Order Signed With Centrica Plc Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering has announce that it has received an additional purchase order from Centrica Energy Exploration and Production to supply surface wellhead and mudline equipment services […]

And UK placing update Further to the announcements of July 15 and July 16, 2014, Horizonte Minerals Plc (TSX:HZM) (AIM:HZM) has provided an update on the “best efforts” Canadian public offering (the “Offering”) of ordinary shares of the Corporation and concurrent private placement offering in the United Kingdom of ordinary shares (the “Private Placement...

We don’t need a bevy of analysts to explain to us that we are deep into another stock market bubble. The markets’ body language tells the whole story. Traders are exhibiting the emotional traits that typically precede the bubble bursting. It’s a blend of giddiness and fear and the anxiety that comes with knowing that […]

A spike in activities in the media sector has been leaving its mark on the stock markets today, as it appears that we may be headed toward a new round of mergers, acquisitions and divestitures led by no less than media magnate Rupert Murdoch. ITV’s share price (LSE:ITV) opened at 201.00, up from 183.80. Time Warner’s share […]

Mattel (NASDAQ:MAT) is the biggest toy manufacturer in the world. Perhaps I should clarify. Mattel doesn’t build the biggest toys in the world; it is the biggest manufacturer of toys in the world with a market cap of $12.31 billion, annual sales of $7.1 billion, and 28,000 employees. In the mid to late 1990s, Mattel […]