NASDAQ Market News

On first Rumaila visit, oil minister Adel Abdul-Mehdi’s charts progress and hears plans South Oil Company, BP, PetroChina and SOMO, which together form Rumaila Operating Organization (ROO), today pledged to ensure Rumaila continues to expand its contribution to Iraq over the next 20 years. Iraq’s new oil minister Adel Abdul Mehdi today attended an event […]

This past week the FTSE 100 aggregate companies regained £62 billion of the £112 billion in valuation that they lost during the prior week. The index finished the week at 6,545.27, a gain of 3.9% on the week. Oops! Pardon me. That introduction kind of took the polish off the headline, didn’t it? Oh well, I might […]

First Investigational Immunotherapy for AL Amyloidosis to Receive FDA Fast Track Designation – Follows Recent Initiation of The VITAL Amyloidosis Study, a Global Phase 3 Registrational Trial of NEOD001 for Patients with AL Amyloidosis Prothena Corporation plc (Nasdaq:PRTA), a late-stage clinical biotechnology company focused on the discovery, development and commercialization of novel...

I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

$75.0 Million Agreement Gladstone Land Corporation (Nasdaq:LAND) announced today that it, through one of its wholly-owned subsidiaries, has completed an initial issuance under a secured bond purchase agreement with Federal Agricultural Mortgage Corporation that provides for borrowings up to an aggregate principal amount of $75.0 million. The initial issuance of approximately $3.7 million...

Located 60 kilometres northeast of Fort McMurray, Alberta, BP confirmed today that operations have started at the Sunrise Phase 1 in-situ oil sands project in Alberta, Canada, with the start of steam generation. Husky Energy is the operator of Sunrise, a 50/50 joint venture with BP. Sunrise is being developed using steam assisted gravity drainage […]

Nasdaq (Nasdaq:NDAQ) announced that trading of Hortonworks, Inc. (Nasdaq:HDP), a leading contributor to and provider of Apache Hadoop, commenced on The Nasdaq Stock Market on December 12, 2014. Hortonworks develops, distributes and supports the only 100% open source Apache Hadoop data platform. Hortonworks is focused on providing an enterprise grade Hadoop software platform that enables...

Also expects $1 billion in Group-wide restructuring charges over coming year BP will today present to investors its strategy and plans to the end of the decade and beyond for its Upstream oil and gas business. The day-long presentation, led by BP’s Upstream chief executive Lamar McKay, will provide an in-depth and detailed account of […]

“This is not the timetable you desire to follow” Carbonite, Inc. (Nasdaq:CARB), a provider of cloud and hybrid backup and recovery solutions for businesses, today sent the following letter in response to the letter J2 Global, Inc. filed with the Securities and Exchange Commission earlier today. The Board also announced that it has retained Sidley […]

++BREAKING NEWS++ Agios Pharmaceuticals, Inc. (Nasdaq:AGIO) today announced that it is offering to sell, subject to market and other conditions, up to $175 million of its common stock in an underwritten public offering. Agios also intends to grant the underwriters a 30-day option to purchase from it up to an additional $26.3 million of shares. […]