Global News

What are the details? Energy XXI (Nasdaq:EXXI) today provided an operations update and announced capital budget estimates for fiscal 2016. Fiscal 2016 Outlook Highlights: – Full year production guidance is 54,000 to 59,000 BOE/d net, as compared to 58,900 BOE/d net for fiscal 2015 – Targeting full fiscal year capital expenditures of $130 to $150 […]

To Provide Project Management Services on the Parque Deodoro Olympic Complex in Rio de Janeiro Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that its Brazilian subsidiary Engineering S.A. has received a contract from the City of Rio de Janeiro to provide project management services in connection with the Parque Deodoro […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 11 “The biggest risk in trading is hubris… This is because being wrong is actually an integral part of success. A successful futures trader makes many more losing trades than winning ones. The key is to recognize and concede the mistakes and cut losses. And ride […]

SkyEdge II-c to Power First Ka-Band HTS Satellite Communications Network to Deliver Fixed and Mobile Services Across China Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide satellite networking technology, solutions and services firm, announced today that it is entering into a unique partnership with Space Star Technology Co Ltd (SSTC), in which SSTC and Gilat […]

Concha shares (LSE:CHA) have the tendency to continue going north – though in a slow and gradual manner. There is no big momentum in the market but the shares are fairly strong. The ADX period 14 is not above the level 30, confirming the aforementioned low momentum in the market. The ADX DM+ is, however, […]

Have you ever wondered what would happen if China decided to devalue it’s currency? Well, you don’t have to wonder any longer. Today the country’s central bank devalued its Yuan by 1.9% against the U.S. dollar – the most in two decades, and investors around the world headed for their cardiologists. The move “was partly […]

Financing Proposal and Notice of GM Further to the announcement dated 22 July 2015, North River Resources, the AIM quoted resource company focused on the Namib Project Lead-Zinc Project in Namibia, has provided an update in respect to its proposed near term financing plan to raise US$4.0 million, which will be used to progress the […]

Government approval for acquisition of Mothae Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that further to the announcement of 14 July 2015, the Company has now obtained the necessary formal approval from the Government of Lesotho to complete the acquisition of a 75% interest in, and operatorship of, the defined Mothae […]

The share price of Genel Energy plc (LSE.GENL) dropped nearly 13% today after release of its first half year earnings report for the period ending 30 June 2015, despite increased revenue and EBITDAX over the same period in 2014. H1 revenue increased by 3.7% from $192.1 million in 2014 to $199.3 million for the current […]

“The point [is] that a trader has to master their psychology to allow him or her to take many small losses, trade through drawdowns, and let winners run beyond expectations.” – Markham Gross Some people preach against leverage because of their own faults. They use trading methodologies that ultimately make average losses that are bigger […]