US News

Commences Self Tender Offer to Purchase Up to 640,000 Shares P.A.M. Transportation Services, Inc. (Nasdaq:PTSI) today announced the commencement of a modified “Dutch auction” tender offer to purchase up to 640,000 shares, or about 8.0%, of its outstanding common stock using available cash, cash equivalents and short-term investments, at a price of not less than […]

I warned on 26 November that the fallout from whatever decision OPEC made about maintain their oil production at its current levels would have a significant impact. At the time, I asked the question, “Economics or Evolution?” After further consideration, I think I forgot to begin that last word with an “R.” What’s Really Going […]

Who is the new MD of Hughes-Gibb Willis Group Holdings (NYSE:WSH), the global risk adviser, insurance and reinsurance broker, has “reinforced its position as one of the world’s leading bloodstock insurance brokers” with the appointment today of Sophie Chambers as Managing Director of Hughes-Gibb. Chambers joins Willis from Lycetts, one of the UK’s market leaders […]

Whatever announcement comes out of the OPEC meeting on Thursday , 27 November, may possibly be the biggest news story of 2014. Whatever the decision, it will have economic and geopolitical ramifications for some time to come, although much of the impact may not come until the alliance meets again in the Spring of 2015. […]

Who knew that when Sir Isaac contemplated the Apple falling that he would be a candidate for Worst Stock Market Analyst. If he were alive today, he might be surprised to see Apple’s going up. Whereas the infamous apple upon which he based his observation bonked him on the head, the Apple (NASDAQ:AAPL) of today […]

Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) today announced a definitive agreement with Princess Cruises, Ltd. to purchase Ocean Princess for its newly acquired Oceania Cruises brand. The 684-passenger ship joins Oceania Cruises’ trio of award-winning sister ships Insignia, Regatta and Nautica. The new addition will be named Sirena. Upon delivery in March 2016, Sirena will […]

Did it go with a bang? Northrop Grumman Corporation (NYSE:NOC) recently supported the successful flight testing of the U.S. Air Force’s Minuteman III intercontinental ballistic missile (ICBM) weapon system. The operational flight test was conducted as part of the Air Force Global Strike Command’s Force Development Evaluation Program. This program demonstrates and supports...

Update on Processing Plant for Lemphane Kimberlite Project, Lesotho Paragon Diamonds Limited, the AIM quoted vertically integrated diamond development company in Lesotho, Africa, have announced the finalisation of the design and order plans for a state of the art processing plant for its 80% owned Meso Diamonds’ Lemphane kimberlite mine, which is located among a […]

Read on to find out more… Gevo, Inc. (Nasdaq:GEVO), the world’s only commercial producer of renewable isobutanol, announced today that Highlands EnviroFuels, LLC has signed a letter of intent to become a Gevo licensee to produce renewable isobutanol. Highlands will build a commercial-scale “Brazilian-style” syrup mill in Highlands County, Florida, which would have a...

Action “seeks to recover damages against Defendants for alleged violations of the federal securities laws” Pomerantz LLP has filed a class action lawsuit against MOL Global (Nasdaq:MOLG) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 14-cv-09357, is on behalf of a […]