US News

Also issues Interim Results Northcote (LSE:NCT) has released interim results for the six month period ended 30 June 2014. Overview: · Solid progress made to increase current and long term production profile across US onshore oil and gas portfolio – currently 190.9 BOEPD · Acquisition of Shoats Creek project, completed August 2014 – workovers completed […]

Production Update for Shoats Creek Field, Louisiana North American Petroleum has issued a production update for the recently acquired 1,670 gross acre Shoats Creek Project, in Louisiana. NAP holds a 35%/26.25% working/net revenue interest in Shoats Creek alongside Northcote Energy (35% WI), and Springer Oil & Gas (30% WI). * Excellent initial gross flow rates […]

The Gulf Keystone Petroleum share price (LSE:GKP) rose by 3.2% today to 64.25 following publication of a Production and Sales Update relative to its work in the Shaikan oil field in Kurdistan. Gulf Keystone would not be considered a major oil company by any standard. It employs only about 600 people. It has a current […]

Shares of eBay (NASDAQ:EBAY) opened at 56.66 today, up 7.6% from yesterday’s close at 52.66, reaching a high of 59.20 before mid-morning, itself an increase of 12.4%. The stimulus for this surge was, clearly, the announcement that eBay and PayPal plan to split into independently publicly traded companies in 2015. The report says that the […]

$16 Million Contract for PMO Services from U.S. Federal Transit Administration Hill International (NYSE:HIL), a construction risk manager, announced today that it has received a contract from the U.S. Federal Transit Administration to provide project management oversight (PMO) services on major transit capital projects nationwide. The five-year contract has an anticipated value to Hill of...

To Establish Near-Term Competitive Product Offering Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, and United Launch Alliance (ULA) announced today that they have signed a contract for a joint investment to complete technical feasibility analysis, detailed program plans, technology integration, affordable production processes and plans, mission assurance and related criteria – all leading to...

Including Full Exercise of the Underwriters’ Option to Purchase Additional Notes TESARO, Inc. (Nasdaq:TSRO) announced today the closing of its previously announced underwritten public offering of $201.25 million aggregate principal amount of its 3.00% convertible senior notes due 2021, including the notes issued pursuant to the full exercise of the underwriters’ option to purchase...

The share price of Balfour Beatty plc (LSE:BBY) has lost 34.40 pence today, a decline of 15.3% from 224.90 to 190.50 following the third trading update this year and the fifth in the last two years that contained profit warnings. To be more precise, the report said that, “Internal reviews conducted in recent days have […]

Plans for branch consolidation announced Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced plans of the Bank to realign branch offices within its footprint, which includes the closing and consolidation of four branches. The branches to be closed are Crofton Centre, Lexington Park, Solomons and Waldorf Charles County Plaza. […]

It has been wisely said that, “Just because you are paranoid, it does not mean that people aren’t out to get you.” BP’s share price (LSE:BP.) (NYSE:BP) is being battered once again by the never-ending repercussions of the Deepwater Horizon tragedy in the Gulf of Mexico. The oil giant is beginning to look like the 97-lb. […]