Tom Frew

Audited Final Results Paragon Diamonds Limited, the AIM quoted vertically integrated diamond development company in Lesotho, Africa, has announced its audit final results for the year ended 31 December 2014. Overview – Substantial progress made towards building a leading vertically integrated diamond company – retaining ownership of the journey of a stone from the ground […]

Read on… Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, held its Annual General Meeting today. At the meeting, CEO Steven Snead said: “As our recent full year results demonstrate, Magnolia Petroleum is a cash generative, asset-backed oil and gas company focused on proven US onshore formations. From […]

New Multi-Year Partnership Marketing Agreement Avis Budget Group, Inc. (Nasdaq:CAR) today announced that it has entered into an expanded, new multi-year partnership marketing agreement with Southwest Airlines (NYSE:LUV) which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Southwest Airlines...

Also discuss “Eliminating Subordinated Debt and Reducing Warrant Overhang” RGS Energy (Nasdaq:RGSE), a leading rooftop installers of solar equipment, has converted all of its subordinated debt to Class A common stock and entered into agreements to exchange a substantial amount of its Series A and C warrants for Class A common stock. The subordinated debt […]

Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) announced that it has agreed to purchase a portfolio of four transitional care facilities located in Maryland. On June 22, 2015, Sabra agreed to acquire four skilled nursing facilities that specialize in transitional care and medically complex post-surgical, ventilator and dialysis patients with a total of 678 licensed […]

Revenue of $705.5 million and net income of $20.0 million Steelcase Inc. (NYSE:SCS) today reported first quarter revenue of $705.5 million and net income of $20.0 million, or diluted earnings per share of $0.16. Excluding net restructuring costs, adjusted earnings were $0.17 per share. In the prior year, Steelcase reported $723.1 million of revenue, diluted […]

Drilling at the Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, has commenced a 2,500m drilling programme in late July and undertake further analysis of the geological work conducted to-date with a view to increasing the current 678,000oz gold resource and optimising the already compelling economics of […]

What are the details? Momo Inc. (Nasdaq:MOMO), a leading mobile social networking platform in China, today announced that its board of directors has received a non-binding proposal letter, dated June 23, 2015, from Mr. Yan Tang, co-founder, chairman and chief executive officer of Momo, Matrix Partners China II Hong Kong Limited, Sequoia Capital China Investment […]

New Fund Uses Dynamic Allocation Approach to Minimize Risk of Significant Loss Due to Market Downturn, Without Sacrificing Upside Potential of Capital Markets Janus Capital Group Inc. (NYSE:JNS) today announced the launch of the Janus Adaptive Global Allocation Fund that aims to provide investors total returns by dynamically allocating assets across a portfolio of global […]

Deal for Bird Preservation at International Mining Site LRAD Corporation (Nasdaq:LRAD), the world’s leading provider of advanced mass notification and Long Range Acoustic Device systems, today announced a $672,000 follow-on order for LRAD 1000X systems at an international mining site. The LRAD systems will be integrated with radar from DeTect, Inc., the world leader in […]