Stock Analysts

DUMA: Another positive test in Namibia. Potential exists for over a billion dollars of reserves (DUMA)

DUMA: Another positive test in Namibia. Potential exists for over a billion dollars of reserves By Ian Gilson, CFA Hydrocarb Energy has released more details of the field outcrop study (mentioned below) done in the Namibia concession, in which Duma Energy ( DUMA ) has a 39% working interest. The study has indicated significant porosity and the presence of degraded crude oil. […]

Economic Data

December 04: Fiscal Cliff Dominates Sentiment – Economic Highlights

It’s all about the ‘Fiscal Cliff’ at this stage – and rightly so. One could argue about how good or otherwise the pace of current economic growth is, but no one doubts it will be in far worse shape should the spending cuts and tax increases take effect. The consensus view is of an 11th hour deal that helps avoid the bulk of the fiscal changes from taking effect in 2013 […]

Mergers & Acquisitions

Ness Technologies and Imano Announce Imano Acquisition

Ness Technologies and Imano Announce Imano Acquisition PR Newswire TEANECK, New Jersey and LONDON, December 4, 2012 TEANECK, New Jersey and LONDON , December 4, 2012 /PRNewswire/ — Ness Technologies, a global provider of information technology solutions and services, and Imano, a full-service digital agency specializing in mobile strategy, design and development, today announced Ness’ acquisition of Imano. The pairing of Imano’s front-end capabilities with Ness’ execution expertise is expected to deliver maximum value to Ness’ mobility customers. […]

Stock Analysts

University General acquires another complementary healthcare facility (UGHS)

University General acquires another complementary healthcare facility By Steven Ralston, CFA Late last week, University General Health System ( UGHS ) announced the acquisition of a sleep and imaging center from Jacinto Medical Group. The Jacinto Sleep and Imaging Center is located in Baytown, a suburb of Houston, and augments the services provided by University General Hospital in general and particularly deepens University General’s HOPD (Hospital Out Patient Department) presence in Baytown. […]

Stock Analysts

Kohl’s November Comps Decline (KSS) (ROST)

Department store Kohl’s Corporation ( KSS ) posted a decline in same-store sales results for the month of November. Total sales for the period decreased, partially due to Superstorm Sandy and also as result of a shift towards e-commerce sales. Kohl’s comparable store sales declined 5.6% for the four-weeks ended November 24, 2012 versus a decline of 6.2% in the four-week month ended November 26, 2011. […]

Economic Data

Ahead of Wall Street – December 4, 2012 – Ahead of Wall Street (BIG) (TOL)

Tuesday, December 4, 2012 It’s all about the ‘Fiscal Cliff’ at this stage – and rightly so. One could argue about how good or otherwise the pace of current economic growth is, but no one doubts it will be in far worse shape should the spending cuts and tax increases take effect. The consensus view is of an 11th hour deal that helps avoid the bulk of the fiscal changes from taking effect in 2013 […]