US News

Results for May The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2014. The next release, which will report on data for June 2014, is scheduled for August 15, 2014. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows […]

Due 2019 The KEYW Holding Corporation (Nasdaq:KEYW) announced today that it has agreed to sell $130 million aggregate principal amount of its 2.50% convertible senior notes due July 15, 2019in an underwritten public offering. The conversion rate of the notes will initially be 67.4093 shares of common stock per $1,000 principal amount of the notes […]

Comprehensive Suite of Solutions to Bring Standardization Across Growing Health System MedAssets (Nasdaq:MDAS) today announced that Baylor Scott & White Health, now the largest not-for-profit health care system in Texas, has renewed and expanded its relationship with MedAssets to support the recently merged health system in unifying organizational processes and workflows to drive greater...

You have got to wonder if the Obama administration is out to get Tesla (NASDAQ:TSLA) founder Elon Musk. Following remarks by Fed Chairwoman Janet Yellen, Tesla’s share price plunged to 219.58 from it’s previous close of 226.45 on 14 July. It may be difficult to prove that Yellen’s ineptness caused the significant reduction in the […]

Has gained stockholder approval Paulson Capital (Delaware) Corp. (Nasdaq:PLCC) yesterday held a Special Meeting of Stockholders at which 67.4% of the outstanding shares of the Company’s Common Stock were cast and more than 98% of the votes cast were voted in favor of each of a group of proposals related to the contemplated merger with […]

Ocwen Financial Corporation, (NYSE:OCN), a financial services holding company, has announced that the 62,000 outstanding shares of its Series A Perpetual Convertible Preferred Stock were converted into common stock and immediately repurchased and cancelled. “This transaction is in addition to our strategy to repurchase shares of common stock roughly equivalent to our prior period...

There’s no doubt about it. Persistence can pay off. AbbVie (NYSE:ABBV) has been courting Shire plc (LSE:SHP) for some time now with takeover proposals, all of which Shire has shunned. The board of Shire has now reported that it is willing to recommend ABBV’s latest offer of £53.2 per share in cash and stock. Shire’s share […]

We all know the axiom that “Where there’s smoke, there’s fire.” But have you ever noticed how, when one person lights up, someone else inevitably does too? That’s what happened today when Imperial Tobacco ( LSE:IMT) lit up the news that it was hoping to acquire some brands currently the property of Lorillard (NYSE:LO) and […]

Yep, they are? The KEYW Holding Corporation’s subsidiaries KEYW Corporation (Nasdaq:KEYW) and Hexis Cyber Solutions, Inc. (Hexis) are working with Oracle’s National Security Group (NSG) on advanced solutions for certain mission applications and advanced analytic development for KEYW’s U.S. Government customers. “Oracle has taken a lot of the work out of the system...

Chicowhat? Chicopee Bancorp, Inc(Nasdaq:CBNK), the holding company for Chicopee Savings Bank, announced today that it expects to record a provision for loan losses of approximately $2.8 million (pre-tax) and $5.0 million (pre-tax) for the three and six months ended June 30, 2014, respectively. As a result, the Company anticipates reporting a loss before taxes of […]