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US News

FedEx Rides the Gold Rush to Fortune

Jun 18 2014 @ 17:04
The share price of FedEx (NYSE:FDX) gained 6.16% to $148.95 following higher than expected fourth quarter earnings, winning by following in the footsteps of successful companies like Levi Strauss who were ready to supply a need when a new demand was created. Back in 1849, thousands of men from all over the world rushed to […]
 

Can Anything Good Come Out of Iraq?

Jun 17 2014 @ 11:18
Whilst the general populace looks upon the current unrest and atrocities in Iraq, the financial markets are reacting, not with the horror of the general public, but with concern about the potential value of their investments. In no way do I mean to make this sound like the financial world has no heart. I am, […]
 

For ExxonMobil Problems Are Opportunities

Jun 16 2014 @ 11:51
The share price of ExxonMobil (NYSE:XOM) hit a 52-week high in early trading this morning at 103.25. It is currently at 102.97 at 11:10 EDT, up 0.30% from Friday’s close. The share price low point for the 12-month period was 84.79, reached in October 2013. ExxonMobil may be a giant among giants, but its sheer […]
 

Will Iraq Wreck World Economic Recovery?

Jun 12 2014 @ 17:13
Is it possible that what happens within the country of Iraq, a veritable poster child for middle eastern turmoil, could have so great an impact as to cause the fragile economic recovery to collapse? The worry on the street is that the answer is “Yes.” The world is a crazy place to live, but it’s […]
 

US Treasury to sell preferred stock

Jun 12 2014 @ 16:57
Fancy selling out? As part of its ongoing efforts to wind down the Troubled Asset Relief Program (TARP) and recover its remaining Capital Purchase Program (CPP) investments, the U.S. Department of the Treasury today announced its intention to sell several preferred stock CPP investments. The Treasury intends to conduct auctions for all of its preferred […]
 

Cesca announces proposed public offering

Jun 12 2014 @ 16:54
Cesca Therapeutics Inc. (Nasdaq:KOOL), an autologous cell-based regenerative medicine company, announced today that it intends to offer Units consisting of its shares of common stock and warrants to purchase shares of common stock in an underwritten public offering. The shares of common stock and warrants comprising the units are immediately separable. All of the Units […]
 

TRX Will Help U.S. Veterans Heal Wounds

Jun 12 2014 @ 16:04
York-based Tissue Regenix (LSE:TRX) announced this morning that it has launched it DermaPure™ product in the U.S. and will be shipping product to customers next week. The TRX share price gained 27.27% to 26.50 on the day as investors demonstrated their enthusiasm in support of the projected addition $1.4 billion USD per year. The company […]
 

Lufthansa & Airbus on Wing & a Prayer

Jun 11 2014 @ 15:42
Wednesday was a bad day for two major airline giants, one a manufacturer and the other a commercial airline. The share prices of Airbus (EU:AIR) and Lufthansa (LS:LHA) both suffered following very unflattering reports. Airbus Loses Order. Share Price Drops More Than 3%. Emirates airline cancelled an order for 50 Airbus A350-900s and 20 A350-1000s, […]
 

Hexis Cyber Solutions lands US Government deal

Jun 11 2014 @ 15:37
Hexis Cyber Solutions, Inc. (Hexis), a wholly-owned subsidiary of The KEYW Holding Corporation (Nasdaq:KEYW), and a provider of advanced cybersecurity solutions for commercial companies and government agencies, today announced that a leading U.S. government agency has taken an initial delivery of its next-generation threat investigation and automated malware removal solution, HawkEye G, to...
 

StoneMor Partners give traders hope of profit in the afterlife

Jun 10 2014 @ 17:43
Acquisition of Funeral Homes & Cemeteries from Service Corporation International StoneMor Partners L.P. announced today that it has closed the previously announced purchase of 9 funeral homes, 12 cemeteries and 2 crematories from Service Corporation International (NYSE:SCI). StoneMor paid approximately $53.8 million in cash for the properties which are located in Central Florida, North...
 
 
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