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Plus500 Drops Like a Stone

May 28 2015 @ 02:47
Plus500 stock (LSE:PLUS) has dropped like a stone following several months of consolidation phase. What is in the market is essentially a breakout in the favor of the bears, and the bias may continue as the price drops further south. The recent consolidation phase made the price move primarily between the Trendlines: a serious break […]
 

Highland completes 75% acquisition of Diversion Technologies

May 26 2015 @ 17:07
Completes Acquisition of a 75% interest in Diversion Technologies’ Patents Portfolio Highlands Natural Resources, the London listed oil and gas company, has announced that the agreement in respect to its all share acquisition of a 75% interest in Diversion Technologies’ current patent applications, in the US, UK, Canada and globally, has been signed. These patent […]
 

Triumph Bancorp to propose merger of subsidiary banks

May 26 2015 @ 16:56
Will it be a triumph? Triumph Bancorp (Nasdaq:TBK), the holding company for Triumph Community Bank, N.A. and Triumph Savings Bank, SSB, announced that its subsidiary banks intend to seek regulatory approval to merge into a single bank later this year. The combined bank will continue doing business under their current names, Triumph Community Bank and […]
 

Warren Resources to refinance with Franklin Square?

May 26 2015 @ 16:51
$250 million First Lien term loan, with $202.5 million of new funds – Exchange of $69.6 million of unsecured high yield notes for $47.2 million of first lien debt Warren Resources, Inc. (Nasdaq:WRES) today announced the closing of a $250 million strategic refinancing with funds sponsored by Franklin Square Capital Partners and sub-advised by GSO […]
 

Little Fish to Swallow Big Fish: Charter & Time Warner

May 26 2015 @ 12:50
The big conversation in the U.S. this morning is the announcement that Charter Communications, Inc. (NASDAQ:CHTR) has entered into an agreement to merge with its bigger rival Time Warner Cable, Inc. (NYSE:TWC) and a smaller rival, Bright House Networks. Bright House is not a publicly-traded company. Some seem to be stunned that Charter and TWC […]
 

Gazit-Globe acquires Norway's Sektor for EUR1.47bn

May 25 2015 @ 16:30
Chaim Katzman, Chairman of Gazit-Globe and Citycon: “This Transaction Strengthens the Position of Gazit-Globe as a Leader in the Global Shopping Center Industry” Gazit-Globe (NYSE:GZT) (TSX:GZT) (TASE:GZT), one of the world’s leading multi-national real estate companies focused on the management, acquisition, development and redevelopment of supermarket-anchored shopping...
 

Armadale Capital: Final results and gold production in Mpokoto details

May 25 2015 @ 16:21
Final Results Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced its final results for the year ended 31 December 2014. Highlights – Targeting low capex, low opex commercial gold production in H1 2016 at the Mpokoto Gold Project in the Katanga province of the south of the Democratic […]
 

Ferrex discuss near-term production and cashflow

May 25 2015 @ 16:16
Nayega Manganese Togo Update Ferrex plc, the AIM quoted manganese development and iron ore exploration company focused in Africa, is pleased to announce that its Definitive Feasibility Study for an accelerated start-up at its Nayega Manganese Project in northern Togo is complete and a maiden Ore Reserve has been defined. The project is held through […]
 

Chris Oil Busy City Life and Bowleven

May 25 2015 @ 08:57
I have been keeping my head down and getting on with the job in hand after the national newspapers highlighted the events at a certain company. I hope to continue writing as a hobby with now limited time on my hands. However i still believe as a city investor & financial writer its my role […]
 

Drilling results announced for Bacanora's Sonora lithium project

May 23 2015 @ 19:53
La Ventana Drilling Results, Sonora Lithium Project Mexico Bacanora, the Canadian and London listed (TSX-V:BCN) and (LSE:BCN) lithium and borates company focussed on Mexico,is very pleased to announce assay results from a total of 2,946 metres of drilling in 22 holes recently completed on its wholly-owned La Ventana concession, as well as one hole drilled […]
 
 
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