US News

Oil and gas CEOs jointly declare action on climate change The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s energy – today declared their collective support for an effective climate […]

The share price of global retail giant, Walmart (NYSE:WMT) hit the wall on Wall Street yesterday, dropping nearly 10% from 66.61 to 60.02. The company announced its projected earnings for the next three years. It did not set well with the people to whom those earnings mean the most – Walmart investors. Walmart investors have […]

Round lead by Joe Lonsdale from Formation 8 with participation from Y Combinator and Peter Thiel from Founders Fund BuildZoom today announced a $10.6 million Series A funding round led by Joe Lonsdale from Formation 8 with participation from Y Combinator and Peter Thiel of Founders Fund. The investment from Y Combinator represents one of […]

How did they do? Westamerica Bancorporation (Nasdaq:WABC), parent company of Westamerica Bank, generated net income for the third quarter 2015 of $14.9 million and diluted earnings per common share of $0.58, compared to net income of $14.8 million and EPS of $0.58 for the prior quarter, and net income of $15.2 million and EPS of […]

What are the details? Liquid Holdings Group, Inc. (NASDAQ:LIQD), a SaaS provider of investment management solutions for the buy side, announced today that the Company’s request to stay the suspension of trading in the Company’s common stock pending the completion of its appeal of a delisting notice issued by the staff of Nasdaq has been […]

Michael Dell is continuing to reinvent and rebuild his empire (He is 47th on the 2015 Forbes 400). Dell formally announced this morning that would be acquiring IT services giant EMC (NYSE:EMC) for $67 billion. Michael Dell and Silver Lake Partner spent $25 billion to take his company private in October 2013. At that time, […]

What are the details? Grupo Gondi and WestRock (NYSE:WRK) have agreed to combine their operations in Mexico to form a joint venture, creating a leading paper and packaging company in the country. Grupo Gondi currently operates ten production sites that hold six paper machines, seven corrugated packaging plants and four modern high graphic folding carton […]

What are the details? Northrop Grumman Corporation (NYSE:NOC) has been awarded a $58,706,242 million contract from the Marine Corps to develop and test the Ground Weapon Locating Radar (GWLR) mode for the AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR). The GWLR mode is a software update that brings additional mission capability to the ground-based multi-mission Active Electronically […]

Fabric-on-Demand Pioneer Prepares for Global Expansion, Relies on One-Step Digital Printing Technology Kornit Digital, (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, has announced that Spoonflower, Inc., a pioneer and fast-growing producer of on-demand fabrics, has purchased its fourth Kornit Allegro system. This fourth system will be the first unit to go into...

Nicolas Aubert Appointed CEO of Willis Limited Willis Group Holdings (NYSE:WSH), the global risk advisory, re/insurance broking and human capital and benefits firm, has appointed Nicolas Aubert as Chief Executive Officer (CEO) of Willis Limited, the Willis Group’s principal UK regulated entity. The appointment, which has received regulatory approval from the Financial Conduct Authority (FCA...