Tom Frew

Kaiser Aluminum Terminates Defined Benefit Accounting With Respect to the Union VEBA and Removes the Related Net Assets From Its Balance Sheet Kaiser Aluminum Corporation (Nasdaq:KALU) today announced that, as a result of the definitive expiration of its obligation to make annual variable contributions to the union voluntary employees’ beneficiary association (the “Union...

Sale to Antin Infrastructure Partners BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the operator of CATS. The agreement comprises a payment on completion of £302 million ($453 […]

Operating Results Stable; Impacted by Seasonality and Energy Cycle Hancock Holding Company (Nasdaq:HBHC) today announced its financial results for the first quarter of 2015. Operating income for the first quarter of 2015 was $44.7 million, or $.55 per diluted common share, compared to $46.4 million, or $.56, in the fourth quarter of 2014. Operating income […]

Ivrea Project: Second Exploration Permit Issued Nyota Minerals Limited (LSE:NYO) has announced that a second exploration permit at the Ivrea Project in the Piemonte Region of Italy has been issued to KEC Exploration Pty. Nyota announced on 10 February 2015 that it had entered into a binding agreement for the acquisition of 70% of KEC. […]

what can the new piece of kit do? Northrop Grumman Corporation (NYSE:NOC) and the U.S. Navy successfully demonstrated fully autonomous aerial refueling (AAR) with the X-47B Unmanned Combat Air System Demonstration (UCAS-D) aircraft today, marking the first time in history that an unmanned aircraft has refueled in-flight. This is another historic aviation milestone for the […]

Issue of equity and consideration shares Northcote Energy (LSE:NCT) has announced that further to the announcement of 12 February 2015 it has now issued the 1,266,074,005 consideration shares to North American Petroleum and furthermore has issued applied for 102,042,482 new ordinary shares to be issued in settlement of directors remuneration and consultancy costs. NAPP completion […]

Acquires an income yielding office building in Sofia, Bulgaria Secure Property Development & Investment PLC, the AIM quoted property company focused on Emerging Europe, has announced the acquisition of an interest in a fully let and income generating office building in Sofia. The acquisition, which is the Company’s first in Bulgaria, is in line with […]

What is the new information they are providing? Plutus PowerGen PLC, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK, has provided a trading update highlighting the solid progress made in delivering on its original strategy to develop 200MW of flexible energy generation in […]

GulfMark Offshore, Inc. (NYSE:GLF) today announced its results of operations for the three-month period ended March 31, 2015. For the first quarter ended March 31, 2015, revenue was $89.1 million, and net loss was $5.1 million, or $0.21 per diluted share. Included in the quarterly results is one special item that totals $0.01 per diluted […]

Commences First Phase of Exploration at Walchen VMS Deposit, Austria Noricum Gold Limited, the Austrian focused precious and base metal exploration and development company, has announced that the first stage of exploration work at the Walchen VMS deposit in Austria, acquired in late March 2015, is now underway. Highlights: · Noricum management and field staff […]