US News

Growth concerns grow following $85bn of “dumb, arbitrary” cuts implemented after political stalemate President Obama has signed into law federal spending cuts worth $85bn, after the Democratic and Republican parties failed to reach agreement on how to balance the nation’s finances. Known as the sequester the spending cuts, described  by the President as being “dumb” […]

Company’s shares rise after founder publishes goodbye memo The founder and Chief Executive of discount provider Groupon has been sacked following a larger than expected fall in sales and reduced profits margins. Andrew Mason, who led the company through its floatation in November 2011, announced his departure on Thursday morning after the markets had reacted […]

Even as President Obama in his opening State of the Union remarks last month said that sequester is a “bad idea” for the U.S. economy ,reiterating his demand for combination of taxes  and spending cuts in order  to avert $85 billion annual across-the-board budgets cuts, Republicans are almost certain that sequester will come into effect […]

My twitter feed today is full of tweets from shareholders in US Oil & Gas (USOP) who seem to think they have firm evidence that they are on to a winner. In the immortal words of Don and Phil:”Dream, dream, dream… only trouble is, gee whizz, I’m dreaming my life away.” OK there is a […]

A few weeks ago President Obama urged the Congress to formulate measures that would help in trimming down nation’s fiscal deficit in a more gradual way rather than sudden kneejerk cuts.

“Good morning, Holmes.  Anything interesting in the news today?” “Yes, in fact, Dr. Watson there is.” “What is it, Holmes?  Are you not going to tell me?  Must I guess?” At this point, Holmes handed the disheveled paper to Dr. Watson and said with a sigh, “It’s Elementis, my dear Watson.  It’s Elementis.” Holmes had […]

Senate Majority Leader, Harry Reid (D-Nevada), earlier this month reiterated that any new budget deal, aimed at averting  series of draconian spending cuts or sequester—which is scheduled to come into effect from March 1— would have to include additional revenue through taxes.

FEI Company (NASDAQ:FEIC)- The company is a supplier for scientific instruments for nanoscale imaging analysis and prototyping that enables research development and manufacturing in industrial academic and research institutional applications.

Continuing dispute over Apple’s cash £137bn of cash reserves Apple has cancelled a shareholder vote following a decision to block it by a US judge after a lawsuit was brought against the company by shareholder David Einhorn. The technology giant had intended for shareholders to vote on plans on whether to abolish the company’s contractual […]

Ford Motor Co.(NYSE:F)- Ford Motor Company engages in the development, manufacture, distribution, and service of vehicles and related parts worldwide. The company operates through two sectors, Automotive and Financial Services.