US News

What are the details? BP Egypt has announced today the completion of its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG. The acquisition will bring BP’s working interest in both concessions of the West Nile Delta […]

The problem with many traders is that they have only half a plan, the easy half. They know how much profit they’re willing to take, but they don’t have the foggiest idea how much they’re willing to lose. They’re like a deer in the headlights, they just freeze and wait to get run over. Their […]

Netflix shares (NASDAQ:NFLX) are supposed to continue trending upwards. The uptrend has already started, and it would be sustained till around April 2016. 4 EMAs are used for the analysis, and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left side of the […]

Anticipates 35% to 40% Annual Production Growth With Projected Year-End 2016 Debt to EBITDA of Approximately 1.4x PDC Energy (NASDAQ:PDCE) today reported its 2016 capital budget and production forecast. 2016 Highlights – Targeted cash flow neutrality with planned capital budget of $450 to $500 million. – Anticipated annual production of 20.0 to 22.0 MMBoe, 35% […]

What are the details? The Spectranetics Corporation (NASDAQ:SPNC) announced today that it has completed the refinancing of its outstanding debt and closed on a new $110 million senior secured credit facility led by Midcap Financial and Silicon Valley Bank. The new facility consists of a $60 million term loan and a $50 million revolving line […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish There was a sudden and fast bullish breakout on EURUSD, which made it go upwards 450 pips, testing the resistance line at 1.0950. The price consolidated after that, till price closed last week. The bullish breakout has abruptly overturned the recent bearish trend in […]

Ambarella, Inc. (NASDAQ:AMBA), a leading developer of low-power, HD and Ultra HD video compression and image processing semiconductors, today announced financial results for its third fiscal quarter ended October 31, 2015. Revenue for the third quarter of fiscal 2016 was $93.2 million, up 41.9% from $65.7 million in the same period in fiscal 2015. For […]

The Cooper Companies, Inc. (NYSE:COO) today announced financial results for the fiscal fourth quarter and full year ended October 31, 2015. Fourth quarter revenue decreased 3% year-over-year to $455.5 million. Fiscal 2015 revenue increased 5% to $1,797.1 million. Fourth quarter GAAP earnings per share (EPS) $0.75, up 12 cents or 19% from last year’s fourth […]

Total net sales increased 3.4% to $1.2 billion, or 5.1% on a constant currency basis – Operating income increased 9.4% to $155.9 million; diluted EPS increased 19.4% to $0.37 The Michaels Companies, Inc. (NASDAQ:MIK) has today announced financial results for the quarter ended October 31, 2015. Chuck Rubin, Chairman and Chief Executive Officer, stated, “I […]

Windstream (NASDAQ:WIN), a provider of advanced network communications, announced today that Kinetic, Windstream’s next-generation television service, is now available in Lexington, Kentucky. More than 50,000 Lexington residents can sign up for Kinetic, a new way of watching television that leverages the company’s 100% fiber-backed network to provide customers with a better TV...