US News

The U.S. economy suffered a 2.9%  decline in GDP during the first quarter of 2014. Whilst that statement on its own is bad enough, it is even worse when we understand that it is  the worst quarterly performance since the first quarter of 2009, which, by the way, was the first quarter of Barack Obama’s […]

Well, read on… P.A.M. Transportation Services, Inc. (Nasdaq:PTSI) today announced that it is set to join the broad-market Russell 3000 Index and the Russell Global Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 27, 2014. Annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest U.S. stocks […]

Preliminary Loss Estimate for Second Quarter Spring Storms United Fire Group, Inc. (Nasdaq:UFCS) today announced that it expects its second quarter results to include pre-tax catastrophe losses, net of reinsurance, of approximately $20.0 million – $23.0 million from spring storms. The estimated impact on second quarter earnings is $0.51 to $0.59 per share, after tax. […]

It’s not often that the general public knows ahead of time that $21 million worth of shares in three major corporations are about to be sold. However, on Saturday the Presbyterian Church U.S.A (PCUSA) announced that it will be selling all of its shares in Caterpillar (NYSE:CAT), Hewlett Packard (NYSE:HPQ), and Motorola Solutions (NYSE:MSI). According […]

The share price of FedEx (NYSE:FDX) gained 6.16% to $148.95 following higher than expected fourth quarter earnings, winning by following in the footsteps of successful companies like Levi Strauss who were ready to supply a need when a new demand was created. Back in 1849, thousands of men from all over the world rushed to […]

Whilst the general populace looks upon the current unrest and atrocities in Iraq, the financial markets are reacting, not with the horror of the general public, but with concern about the potential value of their investments. In no way do I mean to make this sound like the financial world has no heart. I am, […]

The share price of ExxonMobil (NYSE:XOM) hit a 52-week high in early trading this morning at 103.25. It is currently at 102.97 at 11:10 EDT, up 0.30% from Friday’s close. The share price low point for the 12-month period was 84.79, reached in October 2013. ExxonMobil may be a giant among giants, but its sheer […]

Is it possible that what happens within the country of Iraq, a veritable poster child for middle eastern turmoil, could have so great an impact as to cause the fragile economic recovery to collapse? The worry on the street is that the answer is “Yes.” The world is a crazy place to live, but it’s […]

Fancy selling out? As part of its ongoing efforts to wind down the Troubled Asset Relief Program (TARP) and recover its remaining Capital Purchase Program (CPP) investments, the U.S. Department of the Treasury today announced its intention to sell several preferred stock CPP investments. The Treasury intends to conduct auctions for all of its preferred […]

Cesca Therapeutics Inc. (Nasdaq:KOOL), an autologous cell-based regenerative medicine company, announced today that it intends to offer Units consisting of its shares of common stock and warrants to purchase shares of common stock in an underwritten public offering. The shares of common stock and warrants comprising the units are immediately separable. All of the Units […]