Global News

Will supply clean power to more than 10,000 households Abengoa (Nasdaq:ABGB), the international company that applies “innovative technology solutions for sustainability in the energy and environment sectors”, is to construct a 20 MW hydroelectric power plant in the Mamacocha River in Arequipa (Peru) for the owner, Hidroelectrica Laguna Azul. The project will require an investment...

Tesla’s results came in yesterday (05 November) for the third quarter of 2014, and they were electric (excuse the pun). Tesla (NASDAQ:TSLA) shares closed at 230.97, but surged to 246.68 just after 10:00 a.m. this morning EST. The share price has tapered a bit since then. It is currently in a holding pattern around the […]

“After placing the orders, we leave the rest to the market forces.” – Sam Evans Good traders make a new trade regardless of the outcome of the last trade. However, rookies often allow irrational emotions to guide their actions when they are making trading decisions. Why are some traders always frustrated while others play the […]

BHP Billiton (LSE:BLT) apparently ascribes to the policy of “Don’t ask for permission. Ask for forgiveness.” Reasonble certain that their legal department has found a loophole in a long-standing ban on export of U.S. crude oil, the Anglo-Australian energy giant has set in process a plan to act without permission. That could be risky business. […]

Wincanton stock (LSE:WIN) requires only one direction for those who want to survive in that market. The only logical direction is to go long. In spite of the volatility in the market, the trend has been up for several months. The logic to successful trading is to abandon approaches that are not in our best […]

Pension Funds-Led Litigation Results in Third Largest MBS Class Action Payment A federal judge has given final approval to a $275 million cash settlement in the mortgage-backed (MBS) class action litigation against Royal Bank of Scotland (RBS) and others led by New Jersey Carpenters Health Fund and the Boilermaker Blacksmith Pension Trust, along with additional […]

Indian Consumers Will Now Have Easier Access to Digital Gift Codes Through Unique Bank Availability Euronet Worldwide, Inc. (Nasdaq:EEFT), a leading global electronic payments provider and distributor, today announced a strategic partnership with Flipkart, India’s favorite on-line shopping destination and the leading e-commerce market-place in the country, to distribute Flipkart digital...

Involves affordable housing PPP project Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Ithmar Development Co. to provide project management services in connection with the Bahrain Affordable Housing Public-Private Partnership (PPP) Project. The three-year contract has an estimated value to Hill of...

Alibaba (NYSE:BABA) issued its first quarterly report since its mid-September IPO today.  Its share price increased by 4.19% to 106.07 from yesterday’s close of 101.80. The financial statement was one of those that can be reported at the polar opposites of positive or negative, depending on which aspect one prefers to tout. Investors are still […]

Transatlantic deal Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced that it has completed the acquisition of Weidenhammer Packaging Group (WPG), Europe’s leading provider of composite cans along with composite drums and rigid plastic containers, for €286 million, or approximately $360 million, in cash. According to M. Jack Sanders, Sonoco...