US News

Pharmaceutical giant, Pfizer, has seen its share price (NYSE:PFE) increase by nearly 7% since the end of January, largely on the announcement that it has entered into “a definitive merger agreement” to acquire biosimilar manufacturer, Hospira (NYSE:HSP). Hospira shares have risen sharply from $64.80 on 04 February to $87.64 at market close yesterday. That’s a […]

Did they send you an email inviting you to see their results? LinkedIn Corporation (NYSE:LNKD), the world’s largest professional network on the Internet, with more than 300 million members, reported its results for the fourth quarter and full year 2014. – Revenue for the fourth quarter was $643 million, an increase of 44% compared to […]

You can bet that there will be a party and fireworks somewhere around Cinderella’s castle tonight as the Disney share price (NYSE:DIS) reached a record high  following the release of its first quarter results for FY2015 that ended on 27 December 2014. I can’t remember the exact time that I originally began to consider purchasing […]

Worth $224m Huntington Ingalls Industries (NYSE:HII) was awarded a $224 million modification to an existing contract today for advanced planning of the refueling and complex overhaul (RCOH) of the aircraft carrier USS George Washington (CVN 73). The work will be performed at the company’s Newport News Shipbuilding division. The contract funds continued planning work for […]

Update on Strategic Review and Termination of Formal Sale Process Empyrean Energy Plc, the US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, announced on 10 July 2014, that it had launched a review of strategic options and the commencement of a formal sale process under the […]

Underlying replacement cost profit $2.2 billion; significant impairment charges in the quarter – Taking action to meet challenging environment BP today reported its results for the fourth quarter and full-year 2014. Underlying replacement cost profit1 for the fourth quarter was $2.2 billion compared with $2.8 billion for the same period in 2013. Full year underlying […]

Sale of Non-Core Assets Northcote (AIM:NCT), an onshore US oil and gas exploration and production company, has said that, in line with its strategy to dispose of certain non-core assets in its portfolio, it has agreed to sell its over-riding royalty interests on certain Oklahoma wells within the Company’s portfolio for a cash consideration of […]

“We have now entered a new and challenging phase of low oil prices through the near and medium term. Our focus must now be on resetting BP.” ~ CEO Bob Dudley. A funny thing happened on the way to the office this morning. I read that BP (LSE:BP.) (NYSE:BP) had released its final quarterly report […]

Xerox (NYSE:XRX) shares declined Friday in response to the company’s Q4 and full-year earnings report. Its share price began the day above its 120-day moving average, only to fall abruptly and dramatically from 13.25 to a low of 12.94, remaining under its 120-day moving average for pretty much the rest of the day, closing at […]

Our regular readers know that I seldom advocate predicting the future. Today, I am breaking with that ‘tradition’ to advise taking a look down the road that ride-sharing service, Uber, is traveling. Uber’s hailing-a-car on-demand service is now operational in major metropolitan areas around the world, making headlines nearly everywhere it goes. I would also […]