US News

~+++BREAKING NEWS+++ Gladstone Capital Corporation (Nasdaq:GLAD) has announced today that on December 19, 2014, it made a $8.4 million investment to recapitalize B+T Group in partnership with B+T Group’s management team. Gladstone Capital completed this transaction with its affiliate, Gladstone Investment Corporation (Nasdaq:GAIN), which invested $19.6 million. In addition to the equity...

Nicholas Financial, Inc. (Nasdaq:NICK) today announced that it expects to commence within 30 days of this announcement a “modified Dutch auction” tender offer to repurchase a number of its outstanding Common shares not to exceed an aggregate purchase price of $70.0 million. In accordance with rules of the Securities and Exchange Commission, the Company may […]

On first Rumaila visit, oil minister Adel Abdul-Mehdi’s charts progress and hears plans South Oil Company, BP, PetroChina and SOMO, which together form Rumaila Operating Organization (ROO), today pledged to ensure Rumaila continues to expand its contribution to Iraq over the next 20 years. Iraq’s new oil minister Adel Abdul Mehdi today attended an event […]

This past week the FTSE 100 aggregate companies regained £62 billion of the £112 billion in valuation that they lost during the prior week. The index finished the week at 6,545.27, a gain of 3.9% on the week. Oops! Pardon me. That introduction kind of took the polish off the headline, didn’t it? Oh well, I might […]

The mighty, international fast-food giant is definitely in trouble. McDonald’s (NYSE:MCD) share price, although up 3.21% today to 91.58, is at its lowest since September 2012. Investors are following customers as they go in other directions. I remember way back when McDonald’s was considered to be a “sleeping giant” in the traditionally sense of the […]

Net revenues of $16.4 million Nevada Gold & Casinos, Inc. (NYSE:UWN) today announced financial results for the second quarter ended October 31, 2014. For the second quarter of fiscal 2015, the company reported net revenues of $16.4 million compared to $16.3 million in the second quarter of fiscal 2014. Net revenues from Washington increased $0.3 […]

First Investigational Immunotherapy for AL Amyloidosis to Receive FDA Fast Track Designation – Follows Recent Initiation of The VITAL Amyloidosis Study, a Global Phase 3 Registrational Trial of NEOD001 for Patients with AL Amyloidosis Prothena Corporation plc (Nasdaq:PRTA), a late-stage clinical biotechnology company focused on the discovery, development and commercialization of novel...

I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

$75.0 Million Agreement Gladstone Land Corporation (Nasdaq:LAND) announced today that it, through one of its wholly-owned subsidiaries, has completed an initial issuance under a secured bond purchase agreement with Federal Agricultural Mortgage Corporation that provides for borrowings up to an aggregate principal amount of $75.0 million. The initial issuance of approximately $3.7 million...

The initial offering price of Lending Club (NYSE:LC) shares was $15.00, higher than the $12.00-$14.00 range anticipated. When shares started trading for the first time on 11 December, they popped 65% before finishing the day up 56% at $23.43. Lending Club shares closed Friday at $24.69 and increased to $24.84 in after-hours trading. The Emergence […]