US News

The Madison Square Garden Company (NYSE:MSG) announced today that distinguished, 20-year government veteran Joseph Percoco has been appointed senior vice president, effective January 4. Mr. Percoco joins the Company after serving as Governor Andrew Cuomo’s executive deputy secretary for the last five years, overseeing all facets of government operations. In this newly created position...

Q3 revenues of $8.1 million – GAAP net income totaled $1.5 million, or $0.17 per diluted share – Acquired Flip Flop Shops, a leading franchise retail chain – New Tony Hawk License Agreement with Walmart for Canadian Market- Continued European Expansion of the Cherokee Brand Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform, today […]

Fresh details from BP BP, on behalf of the Schiehallion co-venturers Shell and OMV, announced today that the new Glen Lyon floating production storage and offload (FPSO) vessel has started sea trials as it begins its journey towards the west of Shetland where it will serve as the hub for the 450 million barrel Quad204 […]

What are the details? BP Egypt has announced today the completion of its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG. The acquisition will bring BP’s working interest in both concessions of the West Nile Delta […]

The problem with many traders is that they have only half a plan, the easy half. They know how much profit they’re willing to take, but they don’t have the foggiest idea how much they’re willing to lose. They’re like a deer in the headlights, they just freeze and wait to get run over. Their […]

Netflix shares (NASDAQ:NFLX) are supposed to continue trending upwards. The uptrend has already started, and it would be sustained till around April 2016. 4 EMAs are used for the analysis, and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left side of the […]

Anticipates 35% to 40% Annual Production Growth With Projected Year-End 2016 Debt to EBITDA of Approximately 1.4x PDC Energy (NASDAQ:PDCE) today reported its 2016 capital budget and production forecast. 2016 Highlights – Targeted cash flow neutrality with planned capital budget of $450 to $500 million. – Anticipated annual production of 20.0 to 22.0 MMBoe, 35% […]

What are the details? The Spectranetics Corporation (NASDAQ:SPNC) announced today that it has completed the refinancing of its outstanding debt and closed on a new $110 million senior secured credit facility led by Midcap Financial and Silicon Valley Bank. The new facility consists of a $60 million term loan and a $50 million revolving line […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish There was a sudden and fast bullish breakout on EURUSD, which made it go upwards 450 pips, testing the resistance line at 1.0950. The price consolidated after that, till price closed last week. The bullish breakout has abruptly overturned the recent bearish trend in […]

Ambarella, Inc. (NASDAQ:AMBA), a leading developer of low-power, HD and Ultra HD video compression and image processing semiconductors, today announced financial results for its third fiscal quarter ended October 31, 2015. Revenue for the third quarter of fiscal 2016 was $93.2 million, up 41.9% from $65.7 million in the same period in fiscal 2015. For […]