US News

Report on Foreign Portfolio Holdings of U.S. Securities at End-June 2013 The final results from the annual survey of foreign portfolio holdings of U.S. securities at the end of June 2013 have been released by the US Treasury. The survey was undertaken jointly by Treasury, the Federal Reserve Bank of New York, and the Board […]

My day did not end well yesterday. In my ADVFN story, “How Will Weak US Economy Affect Us?” I warned of gloom and doom on the world economic scene as a result of a weak US first quarter.  I pointed to the Dow Jones, the S&P, and the Nasdaq all opening down following the release […]

There are not many happy headlines this morning in the US after markets opened sharply lower on reports that “The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery .” Against an expectation of a 1.1% increase in GDP, the US gained a mere 0.1%. Combine that with […]

Corporate Bonds to be delisted The New York Stock Exchange announced today that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the corporate bonds of Energy Future Holdings Corp. and certain of its subsidiaries from the NYSE as noted below: – Symbol Corporate Bond – TXU 19 Energy Future Holdings […]

The London market has closed for the day, but on the left side of the Atlantic MGM Resorts International (NYSE:MGM) investors are having a party.  MGM’s share price is up 8.58% in early afternoon trading to 24.995 following the company’s first quarter financial results. Yesterday MGM wowed its investors – and a whole lot of […]

Northcote energy, (AIM:NCT), has released an update on its Zink Ranch Project, located in Osage County, Oklahoma. · First two recompletions completed (55% working interest and 45.45% net revenue interest) – initial production rates will be provided in due course · Further 12 recompletions scheduled during 2014 at Zink Ranch · The recompletions provide access […]

Presented at Experimental Biology Conference 2014 Sucampo Pharmaceuticals, Inc.(Nasdaq:SCMP), a global biopharmaceutical company, has announced that preclinical data for lubiprostone and unoprostone isopropyl will be presented at the Experimental Biology Society 2014 Conference in San Diego, California. The following posters will be presented on the following dates and times in exhibit halls...

State Bank Corp. (OTCBB:SBAZ) (“Company”), the holding company for Mohave State Bank, has announced net income of $470,000, or $0.08 per diluted share, for the quarter ended March 31, 2014, as compared to net income of $327,000, or $0.06 per diluted share, for the same period of 2013. First Quarter 2014 Highlights include: – The […]

Over 800 shareholders heard Barclays’ (LSE:BARC) Chairman, Sir David Walker say exactly that this morning at the banks AGM at Royal Festival Hall today. In fact, what he said was, “”Bonuses up, profits down. Not a headline we would have chosen.” I beg to differ, as I usually do. I would most respectfully submit that […]

Boeing’s share price (NYSE:BA) is up 2% today to 130.10, the highest that it has been since 03 March. Since falling below the 130.00 mark on 29 January, it has broken the barrier only three times before today. Boeing stock closed yesterday at 127.55, opening this morning at 130.75, following a spate of major announcements […]