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Independent Bank Group acquires Grand Bank

03 Nov 2015 @ 06:19
What are the details? Independent Bank Group, Inc. (Nasdaq:IBTX), the holding company for Independent Bank, today announced the completion of the acquisition of Grand Bank, Dallas, Texas. As of June 30, 2015, Grand Bank reported total assets of $608.6 million, total deposits of $507.1 million, and total equity capital of $41.6 million. Grand Bank is […]
 

BP study sees technology boosting energy supplies

03 Nov 2015 @ 06:15
BP Technology Outlook predicts secure and sustainable energy future through application of existing and new technologies Advances in technology will keep energy supplies plentiful and affordable – enough to meet projected demand many times over — and help pave the way to a lower carbon energy mix, according to data published today in the BP […]
 

Northrop Grumman secure $95m US Navy contract

30 Oct 2015 @ 10:39
The U.S. Navy has awarded Northrop Grumman Corporation (NYSE:NOC) a $95 million contract for low-rate initial production of the Joint Counter Radio-Controlled Improvised Explosive Device (RCIED) Electronic Warfare (JCREW) Increment 1 Block 1 (I1B1). The contract, awarded by the U.S. Naval Sea Systems Command (NAVSEA), includes options which, if exercised, would bring the total value […]
 

Shell Gets Shelled - Oil Majors Still in Flux

30 Oct 2015 @ 08:57
The share price of Royal Dutch Shell (LSE:RDSA) got shelled today on the London Exchange, falling 1.52% (-26.50) to 1,711.50 after publishing a less than glorious third quarter earnings report. In addition to report a loss in excess of $7.4 billion ($6.1 billion based on current cost of supplies), Shell’s cash flow from operating activities […]
 

BP and China National Petroleum Corporation to expand global partnership

30 Oct 2015 @ 02:36
what are the details? In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships. “The success of our Rumaila […]
 

Shire Proves Einstein's Theory of Relativity

28 Oct 2015 @ 07:15
The share price of Shire PLC (LSE:SHP) rose by more than 7.0% today before closing at 4,927.00, 6.9% higher than yesterday’s close of 4,609. In fact, Shire shares sank to 4,592 in early trading, before soaring substantially at 11:00 a.m. to 4,949.00. Shire was one of only 371 gainers on the London Exchange today versus […]
 

BP reports 2015 Q3 results

28 Oct 2015 @ 02:11
Plans for balanced cash flows by 2017 at around $60 per barrel and growth in sustainable free cash flow beyond- Supports sustaining the dividend and growing distributions over the long-term BP today reported results for the third quarter of 2015 and set out a medium-term financial frame to balance cash flows by 2017 at around […]
 

BP and China National Petroleum Corporation to expand global partnership

27 Oct 2015 @ 02:11
Framework agreement signed during state visit to UK In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships. “The […]
 

Some ABC’s of Alphabet’s earnings call

26 Oct 2015 @ 21:03
Global Opportunities Fund constituent Google, now called Alphabet (NASDAQ: GOOG, initial buy $219.65) reported a strong set of third quarter numbers that resonated well with investors, sending the (C class) shares surging 7% to over the $700 mark in Friday’s trading. The third quarter marks the last time that the company will report numbers under the […]
 

What Kind Of Price Action Is This On S&P 500?

22 Oct 2015 @ 11:49
The situation surrounding the S&P 500 stock (SP500) is interesting. Some experts believe the price would collapse further, but the current price action shows that the price would continue to rally till, at least, the first quarter of the year 2016. The price performed a major bearish movement in August 2015, and therefore, the market […]
 
 
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