US News

The biggest financial news of the day, for me at least, is that the new company, formerly known as Glencore Xstrata (LSE:GLEN), and known before that as two companies, i.e., Glencore and Xtrata, shall now henceforth officially be called Glencore. Its EPIC ID will still be GLEN. The impact of the announcement at the company’s […]

It took less than 24 hours, most of which, I assume, AstraZeneca’s (LSE:AZN) chairman, Leif Johansson spent getting a good night’s sleep, to resoundingly reject Pfizer’s (NYSE:PFE) latest and final takeover offer of £55.00 per share. AZN share price has dropped by more than 11% to £42.75. Pfizer made it abundantly clear yesterday, 18 May, that £55.00 per […]

A real-life hot stock rocket? Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, has received a contract from Stratolaunch Systems Corporation (SSC) to provide six RL10C-1 production engines, with an option to provide an additional six RL10C-1 production engines at a later date, for the third stage of a revolutionary commercial air-launch system. The inaugural launch of […]

Changed to Wee-Cig International Corporation Legacy Platinum Group Inc. (OTCPINK:LWSP) reports that the company has changed its name to Wee-Cig International Corporation (Wee-Cig) and its symbol to WCIG to reflect its new business direction. A Certificate of Amendment to its Articles of Incorporation was filed with the State of Nevada changing the name to Wee-Cig […]

I have avoided writing about the on-again, off-again takeover of AstraZeneca (LSE:AZN) by Pfizer (NYSE:PFE) simply because it has been on-gain, off-again. As of just a few minutes ago Pfizer released news and details of what it says is its final offer to AstraZeneca. In short, if this deal happens, it will be one of […]

Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, has supported the successful launch of the sixth Global Positioning System (GPS) IIF military navigation satellite into orbit today. The GPS IIF-6 satellite was launched from Cape Canaveral Air Force Station in Florida by a United Launch Alliance (ULA) Delta IV medium rocket. Aerojet Rocketdyne propulsion included an RS-68 […]

Exhcnage to commence delisting proceedings. The New York Stock Exchange hasannounced today that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the American Depositary Shares of Ambow Education Holding Ltd. (the “Company”) – ticker symbol AMBO – from the NYSE. Trading in the Company’s ADSs will be suspended prior to […]

The U.S. Department of the Treasury today released Treasury International Capital data for March 2014. The next release, which will report on data for April 2014, is scheduled for June 16, 2014. The sum total in March of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net […]

Enzymotec Ltd. (Nasdaq:ENZY), a developer, manufacturer and marketer of innovative bio-active lipid ingredients, reports that it was informed today that AarhusKarlshamn AB, or AAK, a Sweden-based, global producer of specialty oils that is Enzymotec’s joint venture partner in Advanced Lipids AB, submitted a claim for arbitration against the Company seeking certain declaratory relief with...

Walmart’s (NYSE:WMT) share price has dropped by 3.06% to 76.61 in the wake of a flat first quarter earnings report. The share price had already stumbled by 2.7% early this morning, more than an hour before the opening bell. Earnings per share for the quarter retracted 3.5% to $1.10. Walmart’s new CEO, Doug McMillon, reassured […]