NYSE Market News

The man who would like to think that he is the most influential person in the world gave a speech last night. It seems as though no one from the financial world listened to it, but that’s not really the case. The fact is that the financial world has bigger fish to fry and whole […]

Also features operational update Rhino Resource Partners LP (NYSE:RNO) today announced a cash distribution of $0.05 per common unit, or $0.20 per unit on an annualized basis. The distribution will be paid on February 13, 2015 to all common unitholders of record as of the close of business on January 30, 2015 and no distribution […]

JV Will Convert Three of 12 Hotels to New Hotel RL Brand Officials at RLHC (Red Lion Hotels Corporation) (NYSE:RLH) announced today that the company has completed a comprehensive transaction to accelerate the execution of its national growth strategy. Key components include selling a 45 percent ownership stake in 12 hotels wholly owned by RLHC […]

Deal for National Security Cutter Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has officially started fabrication on the U.S. Coast Guard’s seventh National Security Cutter (NSC), Kimball (WMSL 756). “We continue to increase our learning on this shipbuilding program, fully capturing the affordable benefits of serial production,” said...

Significant Majority of Investors Favor Extending “U.S.-Style” Shareholder Activism Globally Shareholder activists may have institutional investors to thank after concluding one of their most successful years to date in both returns and inflows, according to a new study released today by FTI Consulting, Inc. (NYSE:FCN), a global advisory firm dedicated to helping organizations...

FXCM (NYSE:FXCM) announced late this afternoon that it had entered into a funding agreement with Leucadia National Corporation (NYSE:LUK) by which the latter would provide $300 million in cash that will bring FXCM into compliance with regulatory financial requirements. FXCM had become insolvent overnight, losing $225 million following the Swiss National Bank’s decision to un-peg […]

Details below. Rosen Law Firm has reminded purchasers of RCS Capital Corporation securities (NYSE:RCAP) during the period from February 12, 2014 through October 31, 2014 of the important February 27, 2015 lead plaintiff deadline in the class action. The class action asserts that RCS Capital misled investors by failing to disclose: (i) that RCS Capital’s […]

BP has respondedon to the Phase 2 Decision in Gulf Oil Spill Trial Their statement in full: “Today the United States District Court for the Eastern District of Louisiana ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following […]

No one saw it coming. There was not even a hint in advance that the Swiss National Bank (SNB) was about to stab the financial world in the back. As we reported yesterday, the euro and the U.S. dollar took immediate hits. But we also expected broader and longer term fallout would follow. In the […]

Follow high-level change in diplomatic relations Online travel company Orbitz Worldwide (NYSE:OWW) today welcomed the Department of the Treasury’s amendments to the Cuban Assets Control Regulations, which will facilitate travel to Cuba for authorized purposes and enable travel service providers to sell authorized travel without the need for specific licenses from the Office of Foreign...