US News

RigNet expects to take a one-time charge of approximately $6.2 million RigNet, Inc. (Nasdaq:RNET), a leading global provider of digital technology solutions to the oil and gas industry, today announced that it is implementing a plan to shift resources from its U.S. land rig communications business and certain back office support functions to expand its […]

Fifth Street Asset Management Inc. (NASDAQ:FSAM)today announced the closing of Fifth Street Senior Loan Fund I, LLC, a $309.5 million collateralized loan obligation. FS SLF I represents FSAM’s initial CLO under management and its pricing was the first for a debut manager in 2015. FS SLF I is primarily invested in middle market senior secured […]

It has been one week since I used this space to discuss ARM Holdings (LSE:ARM) following its earnings report for 2014. In the interim, ARM’s share price has gained an additional 12 points. It is up 104 points (10%) since 01 January, closing today at 1,099.00. Every time I research ARM, I get the same […]

Growing Gas and Shifting Flows Despite the dramatic recent weakening in global energy markets, ongoing economic expansion in Asia – particularly in China and India – will drive continued growth in the world’s demand for energy over the next 20 years. According to the new edition of the BP Energy Outlook 2035, global demand for […]

MOU signed with established software provider to assist with delivery of contracted services to US Government Strat Aero plc, an international aerospace services company focused on the provision of training solutions, management systems and consultancy services to the global aviation market, has signed a Memorandum of Understanding with 4D Tech Solutions, Inc, a well-established engineering...

Wood Group’s (LSE:WG.) share price gained 4.76% today on the London Exchange, closing at 660.00, up 30.00 points from yesterday’s close of 630.00. Today’s increase continues to build on a pattern that started on 14 January when the stock began recovering after hitting a 52-week low of 527.00. More than 2.5 million shares traded hands […]

– Fourth quarter 2014 constant currency revenues up 7.6% comparably with non-GAAP operating margins at 9.6% – Agent productivity gains and expense leverage drive fourth quarter 2014 diluted earnings per share results above business outlook expectations – Full-year 2015 business outlook implies anticipated non-GAAP operating margin expansion despite foreign exchange headwinds...

So who is new at the top? Autoliv, Inc. (NYSE:ALV), the worldwide automotive safety systems firm, has elected Ms. Aicha Evans and Mr. David E. Kepler as new members of its board of directors. The Board of Directors further declared a quarterly dividend of 56 cents per share for the second quarter 2015, an increase […]

Farm-Out of Tarbes Permit in France Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has signed a Farm-Out Agreement in relation to its 100% owned Tarbes Val d’Adour Permit onshore France with Vermilion REP SAS, a wholly […]

The share price of FTSE 100 member, AstraZenca, plunged 82.50 points, a decline of 1.81%, to 4,468.50 today, following announcement of an adverse ruling by the U.S. District Court of New Jersey. The court ruled, in a continuation of a case that has been on the its docket since 2013, that AstraZeneca’s patent number 6,598,603 is […]