US News

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...

This evening the Orator in Chief of the United States will walk into a hostile, bicameral Congress for the first time in his presidency. What he says tonight, regardless of its measure of truth, will have an impact on markets tomorrow, not only in the U.S., but in the UK and around the world. Since […]

Nevada Sunrise Gold Corporation (TSX-V:NEV) is pleased to announce that Pilot Gold Inc. (TSX:PLG) has reported results from an initial metallurgical program designed to address the amenability of high-grade mineralization from the Secret Canyon host rock to produce a high-grade concentrate at the Kinsley Mountain project. Kinsley Mountain is a joint venture between Pilot Gold […]

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...

Kossanto West Gold Project, Mali – Licence Update Alecto Minerals (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has finalised the consolidation of two of its existing exploration permits, Kobokoto Est and Kobokoto, at its Kossanto West Gold Project in western Mali, into a single 100 sq. km. exploration […]

In the world of modern media, stories are told as headlines, with one replacing another in rapid sequence, often creating a public impression that the story is over. Reality is quite a different thing. The stories continue to unfold for weeks and months – and even years – beyond the initial headlines. The decision last […]

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 […]