US News

U.S. President Barak Hussein Obama promised “hope and change” in 2008. It has become clear to most Americans that there is now no hope of stopping him from imposing his personal agenda of change on the entire country, whether it’s in the best interest of the country or not. The self-proclaimed student of the United […]

So, how are they going to use the loan? Owens Realty Mortgage (NYSE:ORM)announced today that TOTB Miami, a subsidiary of the Company, has secured a loan from Bank of the Ozarks of up to approximately $13 million. TOTB Miami is a Florida limited liability company, which is 80.74% owned by the Company and 19.26% owned […]

Have you acquired interest to invest? TransAtlantic Petroleum (NYSE:TAT) (TSX:TNP) announced today the successful completion of its previously announced acquisition of Stream Oil & Gas Ltd. (TSX-V:SKO). The Company also announced Douglas Nester as its Vice President of Albania. Effective today, TransAtlantic closed the acquisition of all of Stream’s outstanding common shares in...

Lucky Belgium. BP announced today that it plans to invest over $200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, South Carolina and Geel, Belgium. The investments will position these assets amongst the most efficient PTA manufacturing facilities in the world. “This allows us to apply our latest proprietary technology and […]

Exactly one month ago today, on 17 October, ADVFN brought you an update on the Valeant (TSX:VRX) hostile pursuit to acquire Botox-maker Allergan (NYSE:AGN). As of that date, the Allergan share price was $186.80, based on an continued expectation-exceeding third quarter results. That made Valeant’s takeover bid of $179.00 per share look ridiculous by comparison. Although […]

The Virgin America IPO (NASDAQ:VA) took off at $23.00 late yesterday, right down the middle of the runway that had been defined as being $21.00 to $24.00 wide. When it went public at 10:02 a.m. it had reached an altitude of $27.00 before ascending to $31.19 and cruising home at $30.00. VA’s share price is […]

Four o’clock in the afternoon is a favorite time of the day for the executives of U.S.-listed companies to make major announcements. And when they do, they can generate a flurry of activity from the trading floor to the front page. Technically, there has been no major announcement from either Halliburton (NYSE:HAL) or Baker Hughes […]

New COO Newell Rubbermaid (NYSE:NWL) today announced the appointment of Christopher O’Leary, executive vice president and chief operating officer, International, of General Mills to the company’s board of directors, effective November 11, 2014. O’Leary, age 55, will serve on Newell Rubbermaid’s Nominating/Governance and Organizational Development & Compensation...

Larger losses than 2013 Conatus Pharmaceuticals Inc. (Nasdaq:CNAT), a biotechnology company focused on the development and commercialization of novel medicines to treat liver disease, today announced financial results for the quarter and nine months ended September 30, 2014, and provided updates on its clinical development programs. Financial Results: The net loss for the third quarter […]

Axalta (NYSE:AXTA) floated its IPO today to a great deal of fanfare at the New York Stock Exchange, including a visit by NASCAR driver Jeff Gordon on hand for the ringing of the opening bell. AXTA shares opened at 20.94, more that 6% above the original asking price of 19.00. The company’s market cap is […]