US News

The share price of Aer Lingus (LSE:AERL) rose sharply this morning following an announcement that the airline is considering a takeover offer from International Consolidated Airlines Group (LSE:AIG). While AIG’s interest in Aer Lingus is not news in the sense that it is new, it is headline-worthy in that both companies issued regulatory statements affirming […]

“GE (NYSE:GE) ended the year with strong fourth-quarter industrial earnings and margin growth. the environment remains volatile, but we continue to see infrastructure growth opportunities. We are pleased with our execution in 2014, meeting our commitment to grow industrial segment profits 10%, industrial segment organic growth of 7%, increasing operating margins 50 basis points...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EUR is now one of the weakest currencies among popular currencies, having dropped by roughly 900 pips since the beginning of this year. The support line at 1.1150 has already been tested and it would be tested again (it can even be breached […]

Time for a whip round? BP announced today that it intends to sell its 950,000 cubic metre capacity oil storage terminal in Amsterdam. The BP Amsterdam Terminal, which has been owned and operated by BP since 1997, acts as an international trading hub for supplying fuels to and from Europe. The terminal also supplies diesel […]

Good for investors? Targa Resources Corp. (NYSE:TRGP) and Targa Resources Partners LP (NYSE:NGLS) announced their respective quarterly dividend and distribution for the fourth quarter of 2014. Targa Resources Corp. announced today that its board of directors has declared a quarterly cash dividend of 77.50¢ per share, or $3.10 per common share on an annualized basis, […]

“Combines Expertise of Two Companies”, the company argue Huntington Ingalls Industries (NYSE:HII) announced today the creation of Stoller Newport News Nuclear (SN3), a full-service nuclear operations and environmental services company that will combine the expertise of the company’s S.M. Stoller Corp. and Newport News Nuclear subsidiaries. “Formation of SN3 is a logical...

Details include assets exceeding $5.2bn Eagle Bancorp, Inc. (Nasdaq:EGBN), the parent company of EagleBank, today announced record quarterly net income of $14.7 million ($16.9 million on an operating basis) for the three months ended December 31, 2014, a 23% increase on a net income basis (41% on an operating basis) over the $12.0 million net […]

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 […]