Contango Oil & Gas Company (NYSEMKT:MCF) has announced its public common stock offering of 5 million shares whose total gross amount is $50 million. This means that the shares will bring in $50 million before underwriting discounts and other expenses are included. The underwriters have a 30-day window to purchase an extra 750,000 shares in […]
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Dell Inc. (NASDAQ:DELL) And HP Inc (NYSE:HPQ) Take Different Routes
The computer making giant Dell Inc. (NASDAQ:DELL) is entering into a merger with EMC Corporation (NYSE:EMC), a major name in data storage. The two companies believe that a wide diversification in product portfolio will make them the one stop shop for bigger companies. According to HP Inc (NYSE:HPQ) the two companies are better off working […]
Congressman Foster Visits CNH Industrial NV (NYSE:CNHI) Burr Ridge HQ
CNH Industrial NV (NYSE:CNHI) on Friday welcomed at its Burr Ridge headquarters (HQ) Congressman Bill Foster, the representative of the 11th district of Illinois, as he checked out the company’s facility. Brad Crews, CNH Industrial Chief Operating Officer (COO) for North America, expressed in behalf of the company that he is delighted to welcome Congressman […]
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Dismisses Hans Vestberg From CEO Position
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) is now on the hunt for a new CEO after relieving Hans Vestberg from the position. The decision to remove Vestberg from the position was made by the company’s board who stated that he should step down with immediate effect. The former CEO was ousted from the leadership position because he was […]
AK Steel Holding Corporation (NYSE:AKS) Supports The Final Determinations Made By The US Department Of Commerce Concerning Cold-Rolled Steel Imports
AK Steel Holding Corporation (NYSE:AKS) has announced that it supports the final determinations revealed by the US Department of Commerce over the countervailing duty investigations and antidumping issues attached to cold-rolled steel. The company’s announcement means that it is satisfied with the department’s announcement about the steel from Russia, Brazil, India, South Korea, Russia and the […]
NXT-ID Inc (NASDAQ:NXTD) Developed DreamTrips Smart Card Gets Launched By WorldVentures At Annual Conference
The leading mobile commerce player NXT-ID Inc (NASDAQ:NXTD) and WorldVentures launched the DreamTrips Smart Card at company’s annual conference event in Orlando. As per the reports, over 22,000 members were present at the conference to attend the launch event. Insights of The Matter Not long ago, NXT-ID had announced a strategic alliance with WorldVentures to […]
Materialise NV (ADR)(NASDAQ:MTLS) Gets NSE Letter From Food and Drug Administration (BA, GE)
Materialise NV (ADR)(NASDAQ:MTLS), a well-known brand that provides 3D surgical planning solutions to healthcare professionals, announced that it received Non Substantially Equivalent (NSE) letter from FDA regarding 510(k) submission of its X-ray knee guide system. Reports claim that this system is likely to be used as a surgical instrument, providing assistance in the knee replacement […]
3D Systems Corporation (NYSE:DDD) Announces Launch of ProX DMP 320 For Metal Printing (SSYS, NNDMY)
3D Systems Corporation (NYSE:DDD), better known for providing 3D digital fabrication and design solutions, announced the launch of ProX DMP 320, the latest addition to its direct metal 3D printers line. It is designed for high throughput, high precision direct metal printing and fully optimized for highly critical applications that require chemically-pure titanium, nickel super […]
American Airlines And American Airlines Group Inc (OTCMKTS: AAMRQ) Call Merger Of Its Units
U.S. Airways Group and U.S. Airways have merged into their parent companies American Airlines Group Inc (OTCMKTS:AAMRQ) and American Airlines as a part of the company’s effort to bring the operation of all the businesses under one canopy. The two units ceased to exist as separate companies from December 30, 2015. The American Airlines have […]
Facebook Inc (NASDAQ:FB) to Face Group Lawsuits Over IPO
Facebook Inc (NASDAQ:FB) will have to face group lawsuits over IPO alleging that the social networking company purposely inflated the price of its shares before their flotation in the market in 2012. The company has action lawsuits filed by two shareholders individually which was clubbed into one group when the federal judge told them to […]
