World

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 […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish As it was prognosticated, EURUSD did not experience a significant movement last week, though price moved lower. The lower movement has resulted in a bearish signal, since there is now a Bearish Confirmation Pattern in the market. There are bearish targets at the support […]

Smallholder Supply Agreement at 38% Premium to Closing Stock Price DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has signed an agreement with a local smallholder, which owns approximately 1,000 ha of mature estates, for the supply of fresh fruit bunches for processing at the […]

Meeting with the President of the Republic of Uganda to discuss potential opportunities to develop a Ugandan fertiliser industry African Potash, the AIM listed exploration company focused on the vertical integration of fertiliser operations in Africa and sub-Saharan potash assets, has noted the recent press coverage in Uganda regarding the Company’s recent meeting with His […]

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%, […]

Plexus’ Tersus™ Mudline and Adjustable Rental Wellhead with Masirah Oil in Oman Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has announced that it has been awarded a contract with new customer Masirah Oil Limited, the Oman branch of the […]

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...