US News

Taking stock of the US government’s portfolio As part of its ongoing efforts to wind down and recover its remaining Capital Purchase Program (CPP) investments under the Troubled Asset Relief Program (TARP), the U.S. Department of the Treasury has announced its intention to sell several preferred stock CPP investments. The Treasury intends to conduct auctions […]

Magnolia Petroleum (LSE:MAGP), a US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime and the Hunton/Woodford in Oklahoma. Quarter Highlights: Production as at 1 August […]

It started out innocently enough as an entertaining way to post videos from posting popular music, snippets from TV shows, how-to demos, personal tirades, stupid human tricks, and a plethora of other item, both socially redeeming and some that indicate the need for social redemption.  Yesterday we saw an example of how powerful this social […]

Yesterday I said, essentially, that the U.S. shutdown “ain’t not big deal.”  If this shutdown is like most of the others the U.S. has experienced, it will be something similar to the effect of a major January snowstorm in the Washington DC area. For most Americans – and most of the world, for that matter […]

Northcote Energy (AIM:NCT), an onshore US oil and gas exploration and production company, has announced interim results for the six month period ended June 30 2013. Highlights: · Rapidly advancing strategy of building an extensive low-risk onshore oil and gas production company · Quadrupled production since January 2013 to 100boepd · Increased net acreage by […]

Makes second repayment of US$1 million on its debt facility with Macquarie Bank Limited from cash proceeds received from Eagle Ford Shale production. Empyrean Energy PLC (LSE:AIM), a US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to report that, further to the announcement on […]

The Dow is Down 114.06 to 15,144, the S&P is Poorer by 10.35 to 1,681, and the NASDAQ has Descended by 16.19 to 3,765.  Apparently, the market is reacting to the looming potential for a shutdown of the U.S. Government. The problem is that barely anyone I talk to understands what a government shutdown means. […]

San Mateo based RingCentral (NYSE:RNG), a leading provider of cloud business communications solutions, has opened for trading on the New York Stock Exchangeunder the ticker symbol “RNG” after its initial public offering. KCG Holdins, Inc. is the Designated Market Maker for RingCentral’s stock. Chairman and CEO Vlad Shmunis, accompanied by employees and members of...

A number of years ago I was privileged to work alongside a recently retired U.S. Army “Bird Colonel.”  Had he not retired, his next rank would have been Major General.  I consider him one of my mentors.  Perhaps the greatest lesson that he taught me was that, “You do not have to fight every battle. […]

The AIM listed African focused support services and logistics company Africa Oilfield Logistics (LSE:AOL) focused support services and logistics company has announced that its 49% owned subsidiary Ardan Risk & Support Services (‘Ardan’) has signed a contract with Weatherford Drilling International Ltd, a subsidiary of Weatherford International Ltd (NYSE:WFT) (‘Weatherford’), the NYSE...