US News

Shares of eBay (NASDAQ:EBAY) opened at 56.66 today, up 7.6% from yesterday’s close at 52.66, reaching a high of 59.20 before mid-morning, itself an increase of 12.4%. The stimulus for this surge was, clearly, the announcement that eBay and PayPal plan to split into independently publicly traded companies in 2015. The report says that the […]

$16 Million Contract for PMO Services from U.S. Federal Transit Administration Hill International (NYSE:HIL), a construction risk manager, announced today that it has received a contract from the U.S. Federal Transit Administration to provide project management oversight (PMO) services on major transit capital projects nationwide. The five-year contract has an anticipated value to Hill of...

To Establish Near-Term Competitive Product Offering Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, and United Launch Alliance (ULA) announced today that they have signed a contract for a joint investment to complete technical feasibility analysis, detailed program plans, technology integration, affordable production processes and plans, mission assurance and related criteria – all leading to...

Including Full Exercise of the Underwriters’ Option to Purchase Additional Notes TESARO, Inc. (Nasdaq:TSRO) announced today the closing of its previously announced underwritten public offering of $201.25 million aggregate principal amount of its 3.00% convertible senior notes due 2021, including the notes issued pursuant to the full exercise of the underwriters’ option to purchase...

The share price of Balfour Beatty plc (LSE:BBY) has lost 34.40 pence today, a decline of 15.3% from 224.90 to 190.50 following the third trading update this year and the fifth in the last two years that contained profit warnings. To be more precise, the report said that, “Internal reviews conducted in recent days have […]

Plans for branch consolidation announced Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced plans of the Bank to realign branch offices within its footprint, which includes the closing and consolidation of four branches. The branches to be closed are Crofton Centre, Lexington Park, Solomons and Waldorf Charles County Plaza. […]

It has been wisely said that, “Just because you are paranoid, it does not mean that people aren’t out to get you.” BP’s share price (LSE:BP.) (NYSE:BP) is being battered once again by the never-ending repercussions of the Deepwater Horizon tragedy in the Gulf of Mexico. The oil giant is beginning to look like the 97-lb. […]

Germany-based pharmaceutical giant Merck KGaA. (DE:MRK) announced this morning that it will be acquiring U.S.-based life sciences company Sigma -lrdrich NASDAQ:SIAL) for $17 billion, or $140 per share. Sigma-Aldrich had closed at $102.37 on Friday, 19 September, but pre-trading this morning on the heels of the announcement drove the shares to open at $137.28, an […]

Further Significant Channel Sampling Results at New Departure Silver Mine, Montana Black Mountain Resources Limited (LSE:BMZ), the silver focused development company with interests in the US, has announced that further high grade silver results have been returned from channel at its New Departure Silver Mine in Montana. Highlights: * Second round sampling results surpass expectations […]

We’ve talked about it for several weeks. Or should I say that everyone has talked about it for several weeks? The Alibaba (NYSE:BABA) IPO has finally taken place and its shares began trading just before noon in New York. The pre-IPO speculation is now over, the facts are in, and the post-IPO speculation has begun. […]