Aug 16 2014 @ 06:28
Expects to receive approximately $231 million in gross proceeds Ambac Financial Group, Inc. (Nasdaq:AMBC), a holding company whose subsidiaries provide financial guarantees and other financial services to clients in both the public and private sectors globally, announced today that it expects to receive approximately $231 million in gross proceeds in connection with a private placement […]
Aug 16 2014 @ 06:24
Selected to Modernize Black Hawk Cockpit Northrop Grumman Corporation (
NYSE:NOC) has been selected by Redstone Defense Systems to supply and integrate mission avionics equipment for a digital cockpit upgrade of the U.S. Army’s UH-60L Black Hawk helicopters. Northrop Grumman will provide a scalable, fully integrated mission equipment package for the UH‑60L cockpit and will replace […]
Aug 16 2014 @ 06:21
Latest Patented Technology Greatly Facilitates Team Communication During Professional Gaming Competitions Skullcandy, Inc. (Nasdaq:SKUL), the original lifestyle and performance audio brand, and its division ASTRO Gaming, creators of premium video gaming equipment, today announced the issuance of U.S. Patent Number 8,602,892 directed to technology used in team-based LAN communication, which is...
Aug 15 2014 @ 15:27
Okay. I admit it. Sometimes journalists are overcome by hyperbole. But when we say that it was a monster of a day for Monster Beverage Corp. (
NASDAQ:MNST) and Coca Cola (
NYSE:KO), it is the real thing. When the two companies announced that the rumors about Coke purchasing a position in Monster were true, Monster’s share […]
Aug 15 2014 @ 12:47
We are only a month away from the highly anticipated IPO of China’s e-commerce giant, Alibaba, when the company says, “Open Sesame,” to anxious investors. Today, however, a cloud is forming over the company’s debut on the New York Stock Exchange as Alibaba is hunting for thieves. There may not be 40 of them, but […]
Aug 14 2014 @ 17:12
Operations Update Northcote (
LSE:NCT) has said that it has successfully completed infrastructure improvements at the Zink Ranch Project in Oklahoma and accordingly, the recently recompleted well #13 is now online. The company undertook recompletions at four wells in May 2014, and two of these, wells 8-A and #13, are now in production. The two further […]
Aug 14 2014 @ 16:45
Retail megalith Walmart (
NYSE:WMT) published its first half results today, reporting its seventh straight quarterly decline in same store sales year-on-year. Walmart share price, nonetheless, rose by 0.49% to 74.39, the neighborhood in which it has been parked since July 2012. Look at the Situation If you haven’t discovered by reading my previous columns about […]
Aug 14 2014 @ 11:51
The Carillion share price (
LSE:CLLN) rose 8.0% today, a change of 25.60 pence to 345.60 as investors seem to be responding to the company’s published rationale of why the proposed merger with Balfour Beatty (
LSE:BBY) makes good sense. However, the Balfour Beatty share price also gained 4.40 pence, or 1.86%, to 240.90 as the company […]
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 […]
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, […]
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