US News

Follow high-level change in diplomatic relations Online travel company Orbitz Worldwide (NYSE:OWW) today welcomed the Department of the Treasury’s amendments to the Cuban Assets Control Regulations, which will facilitate travel to Cuba for authorized purposes and enable travel service providers to sell authorized travel without the need for specific licenses from the Office of Foreign...

The financial world is in disarray today.  It all started with an unexpected and startling press release by the Swiss National Bank (SNB) that said: “The Swiss National Bank (SNB) is discontinuing the minimum exchange rate of CHF 1.20 per euro. At the same time, it is lowering the interest rate on sight deposit account balances that exceed […]

If Americans can hold out for just two more years, the Obama administration will be gone and the U.S. will be much more able to prosper economically once again. The only hope for the U.S. right now is the Republican majority in both houses of Congress. Obama’s overriding concerns for subjecting the United States to […]

Part of Its “Back-to-Basics” Plan SmartPros Ltd. (Nasdaq:SPRO), an accredited professional education and corporate training, today released an update regarding its “Back to Basics” plan. The plan includes “reducing staffing in certain areas; closing, selling or reducing certain verticals of our business; and re-purposing resources to areas”. Allen Greene...

Manufacturer of Ground Support Equipment for the Aviation Industry Curtiss-Wright Corporation (NYSE:CW) today announced that it has sold the assets of its Douglas Equipment (Douglas) business to a subsidiary of Textron Inc. (NYSE:TXT). “This transaction aligns with our stated objective to divest non-core operations as part of our previously outlined operating margin improvement...

The share price of industrial giant Alcoa (NYSE:AA) was up 2.0% yesterday in after-hours trading following the late afternoon release of its Q4 2014 results. Sentiment continued to be strong in pre-trading hours this morning, as it gained another 1.3%. Following a high of 16.53 shortly after 9:30 a.m. EST, the share price has receded […]

AG-120 would be the second investigational medicine licensed by Celgene Agios Pharmaceuticals, Inc. (Nasdaq:AGIO), a firm focused on cancer metabolism and rare genetic disorders of metabolism, today announced that its collaboration partner Celgene Corporation has agreed that it will exercise its option to obtain an exclusive license outside the United States for AG-120, a first-in-class...

Target Markets Include Solvents and Specialty Chemicals Gevo, Inc. (Nasdaq:GEVO), the world’s only commercial producer of renewable isobutanol, announced it has launched sales of renewable isobutanol to Brenntag Canada Inc., a member of the Brenntag group companies for distribution into the solvents, oil & gas, mining and specialty chemicals markets. The initial market entry is...

Reports Fourth Quarter Same Store Sales Decrease of 0.5% – Narrows Fourth Quarter Earnings Guidance to a Range of $0.14 – $0.16 per Diluted Share, Including Charges of $0.03 Big 5 Sporting Goods Corporation (Nasdaq:BGFV), a leading sporting goods retailer, today reported sales results for the fiscal 2014 fourth quarter and full year ended December […]

Get the lowdown on the new man in charge of finances Arrhythmia Research Technology, Inc. (NYSE MKT:HRT), operating through its wholly-owned subsidiary, Micron Products, Inc., a manufacturer of highly engineered, complex components, devices and equipment for OEM customers announced today the appointment of Mr. Derek T. Welch as the Company’s Chief Financial Officer effective January...