US News

ARM Holdings (LSE:ARM) share price, which has been doing admirably well of late, fell by more than 4% in trading today, based, it would appear on a single analyst’s rating downgrade. It must be quite a heady feeling to wield that much power over the minds of investors. I find it a bit incredulous that […]

New Multi-Year Partnership Marketing Agreement Avis Budget Group, Inc. (Nasdaq:CAR) today announced that it has entered into an expanded, new multi-year partnership marketing agreement with Southwest Airlines (NYSE:LUV) which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Southwest Airlines...

Also discuss “Eliminating Subordinated Debt and Reducing Warrant Overhang” RGS Energy (Nasdaq:RGSE), a leading rooftop installers of solar equipment, has converted all of its subordinated debt to Class A common stock and entered into agreements to exchange a substantial amount of its Series A and C warrants for Class A common stock. The subordinated debt […]

When Tesla Motors’ share price (NASDAQ:TSLA) closed at 259.00 on 11 August 2014, it set a new record high. It continued to set new high nearly every trading day through 04 September before a bumpy, but consistent decline that lasted 27 March of this year when it bottomed out at 185.00 amidst gloom and doom […]

Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) announced that it has agreed to purchase a portfolio of four transitional care facilities located in Maryland. On June 22, 2015, Sabra agreed to acquire four skilled nursing facilities that specialize in transitional care and medically complex post-surgical, ventilator and dialysis patients with a total of 678 licensed […]

Revenue of $705.5 million and net income of $20.0 million Steelcase Inc. (NYSE:SCS) today reported first quarter revenue of $705.5 million and net income of $20.0 million, or diluted earnings per share of $0.16. Excluding net restructuring costs, adjusted earnings were $0.17 per share. In the prior year, Steelcase reported $723.1 million of revenue, diluted […]

What are the details? Momo Inc. (Nasdaq:MOMO), a leading mobile social networking platform in China, today announced that its board of directors has received a non-binding proposal letter, dated June 23, 2015, from Mr. Yan Tang, co-founder, chairman and chief executive officer of Momo, Matrix Partners China II Hong Kong Limited, Sequoia Capital China Investment […]

New Fund Uses Dynamic Allocation Approach to Minimize Risk of Significant Loss Due to Market Downturn, Without Sacrificing Upside Potential of Capital Markets Janus Capital Group Inc. (NYSE:JNS) today announced the launch of the Janus Adaptive Global Allocation Fund that aims to provide investors total returns by dynamically allocating assets across a portfolio of global […]

Deal for Bird Preservation at International Mining Site LRAD Corporation (Nasdaq:LRAD), the world’s leading provider of advanced mass notification and Long Range Acoustic Device systems, today announced a $672,000 follow-on order for LRAD 1000X systems at an international mining site. The LRAD systems will be integrated with radar from DeTect, Inc., the world leader in […]

Will the stock price hit the intended target? Northrop Grumman Corporation (NYSE:NOC) has been awarded a delivery order from the Defense Microelectronics Activity (DMEA) to deliver an advanced anti-missile system to the Air National Guard and Air Force Reserve Command. Under the terms of the $31.7 million contract, Northrop Grumman will deliver three modernized third-generation […]