After three years, Enbridge Inc ENB , Enbridge Energy Partners, L.P. EEP and Enbridge Income Fund Holdings Inc have received approval to proceed with Line 3 Replacement Project. The news has annoyed protestors who believe that the project is a threat to pristine areas […]
Following the release of the Dodd-Frank Act supervisory stress test 2018 (DFAST 2018) results last week, the Federal Reserve approved the capital plans of 34 financial institutions out of the 35 participating (including the U.S. units of foreign banks with $50 billion or more in total consolidated assets) in the Comprehensive Capital Analysis and Review (CCAR). However, the capital plan of the U.S. […]
Masimo Corporation MASI recently announced that the UAE Ministry of Health & Prevention (MOHAP) has adopted the company’s flagship Eve application. The device, which functions through Rad-97 Pulse CO-Oximeter, will be used for critical congenital heart disease (CCHD) screening in newborns. […]
General Motors Company GM is set to transfer its Vietnamese operation to VinFast Trading and Production LLC, a unit of Vietnam’s biggest private conglomerate — Vingroup JSC, per Reuters. General Motors intends to distribute Chevrolet cars through this local carmaker and anticipates this to boost its sales. General Motors is likely to transfer the full ownership of its Hanoi factory, dealer network and employee base to VinFast by the end of 2018. […]
Outfront Media Inc. OUT recently announced that it has installed the first ON Smart Media liveboards at the Caltrain Station in the San Francisco transit system. This deployment marks the first step in the comprehensive implementation of the On Smart Media technology throughout the San Francisco Bay Area transit system […]
Allegiant Travel Company ALGT has been plagued with numerous headwinds, of late. In fact, factors like capacity-related woes, safety-related issues and escalating fuel costs have resulted in the Allegiant stock shedding 10.2% of its value so far this year. YTD Price Performance Reasons for the Lackluster Performance High fuel and labor costs have been limiting the carrier’s bottom-line growth for quite some time now and the second quarter of 2018 is likely to be no different […]
Luxfer Holdings PLC LXFR has been struggling lately, but the selling pressure may be coming to an end soon. That is because LXFR recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is a Hammer Chart Pattern […]
BioLineRx Ltd. BLRX has been struggling lately, but the selling pressure may be coming to an end soon. That is because BLRX recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom […]
Conduent Announces a Cash Tender Offer for Outstanding 10.5% Senior Notes due 2024 PR Newswire FLORHAM PARK, N.J., June 29, 2018 FLORHAM PARK, N.J. , June 29, 2018 /PRNewswire/ — Conduent Incorporated (NYSE: CNDT) (“Conduent” and, together with its consolidated subsidiaries, the “Company”) announced that Conduent Finance, Inc. […]
TJ Game Capital Acquires CGC and its Gaming Platform, CGCG Announces Andrea Lavezzoli as CGCG CTO and Launch Event PR Newswire SHANGHAI, June 29, 2018 SHANGHAI , June 29, 2018 /PRNewswire/ — TJ Game Capital (TJ Game), a Canadian blockchain venture capital company, recently announced their acquisition of CGC, a blockchain technical team, and CGC’s gaming platform, CGCG, as well as the acquisition of the domain name CGC.io. It has been decided that Andrea Lavezzoli , a member of CGC, will head the gaming platform team as CTO. […]
A prudent investment decision involves buying stocks that have solid prospects and selling those that carry risks. At times, it is rational to hold certain stocks that have enough potential but are weighed down by tough market conditions. Here we focus on The Interpublic Group of Companies, Inc. […]
Actuant Corporation ATU is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ATU broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 2.9% in the past four weeks […]
Hi-Crush Partners LP HCLP has been struggling lately, but the selling pressure may be coming to an end soon. That is because HCLP recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is a Hammer Chart Pattern […]
Sharing Economy International to Establish New Film and Media Production Business PR Newswire HONG KONG, June 29, 2018 – Signs Exclusivity Agreement With South Korean TV Drama and Film Production Company Jidam, Leases Workspaces From Hong Kong-based Shaw Studios HONG KONG , June 29, 2018 /PRNewswire/ — Sharing Economy International Inc. (“SEII” or “the Company”) (NASDAQ: SEII) today announced its plans to establish a new film and media production business. In connection with this new business initiative, SEII’s wholly-owned subsidiary, EC Creative Limited (“EC Creative”), signed an exclusivity agreement with Jidam Co., Ltd […]
BlackRock Capital (BKCC) is a class of investment known as a “Business Development Company” (BDC) which were created by a 1980 amendment to the Investment Company Act of 1940. BDCs are unregulated closed-end investment companies that invest in small and mid-sized businesses. […]
Recent headlines have highlighted the issues some American companies are having with recent tariffs imposed on imports and the retaliatory tariffs imposed by our trading partners on goods exported from the U.S. to other markets. Harley Davidson (HOG) has been specifically singled out by President Trump for its decision to shift some manufacturing overseas in order to sell its motorcycles to European markets while avoiding approximately $2,200 per vehicle in tariffs […]
Enstoa Enhances Digital Facilities with designtech Acquisition PR Newswire NEW YORK, June 29, 2018 NEW YORK , June 29, 2018 /PRNewswire/ — Enstoa , Inc., the leading systems integrator for capital projects worldwide, today announced its acquisition of designtech, the UK’s leading computational BIM consultancy. The acquisition will enhance Enstoa’s BIM offerings and support its further expansion into the EMEA market. designtech, based in London , supports complex capital projects with a range of building design solutions and computational and algorithmic processes […]
Lockheed Martin Corp .’s LMT Aeronautics business unit recently won an $86.8 million five-year contact to support the Iraqi Air Force’s fleet of C-130J aircraft. The contract was awarded by the Air Force Life Cycle Management, Robins Air Force Base, GA. Details of the Deal Per the terms of the deal, Lockheed Martin will provide support services to the Iraqi Air Force that includes contractor logistics support, technical assistance, aircraft and aerospace ground equipment, spares, repairs, and familiarization training on their existing six C-130J aircraft. […]
Kosmos Energy Ltd. KOS recently announced that the company has finished drilling and abandoning the Anapai-1A exploration well, which is located off the coast of Suriname in block 45. The company failed to find any oil at the site although there were high-quality lower Cretaceous reservoirs. […]
The Medicines Company MDCO announced that Independent Data Monitoring Committee (IDMC) has recommended that the ongoing phase III studies (ORION) of its candidate, inclisiran, will continue as designed and conducted, without modification. The IDMC’s recommendation was based on its planned review of unblinded safety and efficacy data from the trials. Inclisiran is being evaluated to treat patients with atherosclerotic cardiovascular disease (ASCVD) and elevated LDL-cholesterol. […]
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