CVS Set to Acquire Target In-store Pharmacies

Jun 16 2015 @ 17:01
The share price of CVS Health Corporation (NYSE:CVS) was up by 0.53% to $103.12 today, one day after it announced that it was entering into a deal to acquire Target Corporations’ in-store clinic and pharmacy operations. Target shares (NYSE:TGT) were trading up by 0.65% today at $80.97. Target shares were off slightly after the announcement […]

FTSE Almost Reaches 7,000 - I Told You So!

Mar 19 2015 @ 15:21
In the waning trading hours yesterday I wrote “I, for one, believe that there may be adequate activity and the right atmosphere to make this the week that the FTSE reaches 7,000.00.” That’s a pretty bold statement to make on a Wednesday afternoon. Lot’s of pundits might dare to say something like that before a […]

Markets Not Concerned About Obama

Jan 21 2015 @ 12:28
The man who would like to think that he is the most influential person in the world gave a speech last night. It seems as though no one from the financial world listened to it, but that’s not really the case. The fact is that the financial world has bigger fish to fry and whole […]

State of the Union Preview

Jan 20 2015 @ 15:13
This evening the Orator in Chief of the United States will walk into a hostile, bicameral Congress for the first time in his presidency. What he says tonight, regardless of its measure of truth, will have an impact on markets tomorrow, not only in the U.S., but in the UK and around the world. Since […]

First oil from Lundin's Bøyla field

Jan 19 2015 @ 15:28
Lundin Petroleum AB (Lundin Petroleum) has achieved first oil from the Bøyla field has been achieved. The Bøyla field commenced production on 19 January 2015. The Bøyla field, located on PL340 in the Norwegian sector of the North Sea, is a subsea tie-back to the Alvheim field where Lundin Petroleum has a 15 percent non-operated […]

BP talk Gulf Oil Spill Trail

Jan 16 2015 @ 13:42
BP has respondedon to the Phase 2 Decision in Gulf Oil Spill Trial Their statement in full: “Today the United States District Court for the Eastern District of Louisiana ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following […]

Orbitz Worldwide talks Cuba following U.S. Treasury Department amendments

Jan 15 2015 @ 15:41
Follow high-level change in diplomatic relations Online travel company Orbitz Worldwide (NYSE:OWW) today welcomed the Department of the Treasury’s amendments to the Cuban Assets Control Regulations, which will facilitate travel to Cuba for authorized purposes and enable travel service providers to sell authorized travel without the need for specific licenses from the Office of Foreign...

Another Reason Why Obama Is Bad for the Economy

Jan 14 2015 @ 15:08
If Americans can hold out for just two more years, the Obama administration will be gone and the U.S. will be much more able to prosper economically once again. The only hope for the U.S. right now is the Republican majority in both houses of Congress. Obama’s overriding concerns for subjecting the United States to […]

Are You Kidding Me, Mr. Osborne?

Dec 15 2014 @ 16:20
I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

BP respond to US Supreme Court

Dec 08 2014 @ 16:50
++ BREAKING NEWS ++ Geoff Morrell, BP America’s Senior Vice President of U.S. Communications and External Affairs, issued the following statement today in response to the United States Supreme Court’s denial of BP’s request to review the Fifth Circuit decisions relating to the compensation of claims for losses with no apparent connection to the Deepwater […]
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