US News

First shutdown since 1995. Following a last minute deal between Democrats and Republicans to end the US government shutdown the Treasury Secretary, Jacob Lew, issued a statement saying that “the cloud of uncertainty hanging over the economy”. Secretary Lew’s full statement: “We welcome the bipartisan action Congress is taking to resolve this crisis, re-open the […]

When I settle in to my office on a typical morning, Londoners have already had lunch and are ready for afternoon tea.  This sometimes works to my advantage, when I manage to catch the late-breaking stories.  At other times, I feel like I have been left with the scraps left over from my prolific colleagues, […]

Mike van Dulken, Head of Research at Accendo Markets, commented to clients this morning; We’re getting another batch of positive noises from Washington regarding a deal to re-open government, sort out a short-term budget and delay the debt ceiling. For once, at least it is early in the week, rather than a tease into the […]

Acquisition of 78% WI in 1,520 net mineral acres in Osage County Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has announced that it has acquired, for a cash consideration of US$1 million (£625,000), an average 78% working interest (‘WI’) and 54% net revenue interest (‘NRI’) in 1,520 mineral acres (‘North […]

The share price of Balfour Beatty (LSE:BBY) continued on the upswing today following the announcement of its being awarded a $124 million contract in the US state of North Carolina.  The BBY share price opened at 268.7 and rose to 276.50 by 2:00 this afternoon. The contract was awarded on behalf of the North Carolina […]

I became interested in 3D printing technology almost ten years ago when I visited the Mid-America Technology Center at Pittsburg State University in Kansas to learn about what was then called “rapid prototyping” and its potential uses in the automotive industry.  A few days ago I was doing some research and I discovered that the […]

But will the announcement raise your interest levels? Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has raised £1.75 million (before expenses) through a placing arranged by Shore Capital Stockbrokers Limited of 159,090,910 new ordinary shares (‘Ordinary Shares’) of no par value in the capital of the Company (‘the Placing Shares’) […]

The share price of aerospace giant Boeing (NYSE:BA) had been steadily climbing to record altitudes when, almost without warning, yesterday the airline manufacturer hit turbulence over Japan, losing a contract with Japan Airlines for 31 of its 777 aircraft to Airbus (EU:EAD). With its first ever order from Japan Airlines, Airbus has landed a deal […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, US politicians have decided that the best thing for the nation is to allow its government to go into partial shutdown rather than back down on conflicting budget views surrounding a presidential policy aimed at making medical care affordable […]

I must confess that I have never tweeted (in any way, shape or form), nor have I ever used Twitter.  I’m not apologizing.  I’m just saying that I don’t see the necessity of having a Twitter account, although some of my clients are suggesting that I should open one.  Now I see that Twitter has […]