US News

The USD/JPY tested the demand level at 116.00, and then bounced upwards by 280 pips. This is a threat to the extant bearish outlook on the market, which would eventually be rendered invalid in case the price continues going further upwards this week. The outlook on USD is bright and therefore, the USD/JPY might continue […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 1 “One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic […]

Total assets increased $127.8 million, or 14.1%, to $1.03 billion at December 31, 2015 compared to $903.6 million at December 31, 2014. Entegra Financial Corp. (NASDAQ:ENFC), the holding company for Entegra Bank, today announced earnings for the three months and year ended December 31, 2015. Roger D. Plemens, President and CEO of the Company, reported, […]

Specialised programmes open to further increase and promote employee diversity BP, one of the world’s leading international oil and gas companies, today opened a series of recruitment and career development programmes to further increase employee diversity within its Integrated Supply and Trading (IST) division. The programmes, specifically open to military leavers, school leavers and...

Acquisition is an important component of plan to double Fitness segment revenue by 2020 Brunswick Corporation (NYSE:BC) announced today that it has acquired Cybex International Inc., a leading maker of commercial fitness equipment, for $195 million, subject to a working capital adjustment. Cybex will join Brunswick’s Life Fitness Division’s portfolio of leading brands. Founded in […]

What are the details? Union Bankshares, Inc. (NASDAQ:UNB) today announced Net Income for the year ended December 31, 2015 of $7.9 million, or $1.77 per share, compared to $7.7 million, or $1.73 per share, for 2014, an increase of 2.4%. Results for December 31, 2015 reflect increases in interest income of $292 thousand, or 1.2%, […]

Enters into Balance Sheet Enhancing Transaction with Shoats Creek Development Northcote has announced that it has substantially improved its balance sheet through two transactions with Shoats Creek Development, Inc., its partner in the development of the Shoats Creek Field, Beauregard Parish, Louisiana. The total reduction in company liabilities resulting from the above transactions is...

In one sense, I suppose that discussing the root cause of a crisis that happened eight years ago, is a bit foolish. Especially considering the current condition of the global economy. On the other hand, there may still be time to learn some lessons. Besides, I owe some banks an apology. Don’t Blame the Banks […]

Ruhr Oel GmbH as part of German refining venture restructuring Rosneft and BP have announced that they have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of the two companies’ German refining and petrochemical venture. The agreement was approved […]

The GBP/USD is one of the strongest trending currency trading instruments among the majors. The bias on the instrument is bearish and it is possible that the price would continue going downwards, reaching the accumulation territories at 1.4200 and 1.4150 this week. This bias would be valid until there is a bullish reversal of at […]