The latest announcement last Wednesday that Deutsche Bank AG (USA) (NYSE:DB)’s profits have plunged by 98% was not received well in all quarters. The bank that has been struggling the past few years and has shareholders worried, despite the commitment of the bank’s management to turnaround its fortunes. This has been attributed to the weak […]
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Hecla Mining Company (NYSE:HL) Issues An Update Statement On Dolly Vardem Investment
Hecla Mining Company (NYSE:HL), has so far issued statement on Dolly Vardem Investment, in regard to common shares and the warrants on issuer-Dolly Varden Silver Corporation. In the update, the company indicates that on July,26, 2016, indirectly wholly-owned B.C Limited formally terminated its offer, of which was commence on the July, 8, 2016, for every […]
KeyCorp’s (NYSE:KEY) Acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) Is Hit by High Merger Related Charges
At a cost of $45 billion, KeyCorp (NYSE:KEY) is just about to conquer the acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) even as the merger-related charges threaten to rise. The related charges come during the second quarter of the company’s operations and apparently, they are almost double what the company spent acquisitions during the […]
Ford Motor Company (NYSE:F) Teams Up With MIT Researchers On Mobility Research Project
Ford Motor Company (NYSE:F) has teamed up with researchers from the Massachusetts Institute of Technology so that it can work on a joint project involving mobility in urban areas. The aim of the project is to research on pedestrian movement in urban areas so that it can enhance public transportation services such as point to […]
Valmie Resources (OTCMKTS:VMRI) Uses Drone Technology to Drive Its Recent Success
One stock on my radar yesterday that really had a good day trading was Valmie Resources, Inc. (OTCBB:VMRI) having gained nearly 12 percent on heavy volume before closing at $1.73 per share, which is still a nice 3 percent gain. Liquidity is very attractive to investors so they can get in and out of trades […]
Direxion To Carry Out 9 Forward and Reverse Share Splits of ETFs
Direxion is planning to execute a reverse share split and a forward share split of its leveraged exchange funds. Upon completion, the market value of all shares outstanding will not be affected. Shareholders who end up with fractional shares will be allowed to redeem the shares for cash at the Fund’s split-adjusted NAV as of […]
Small Canadian Company Uses A Simple Strategy To Gain Big Budget, Multinational Projects
In a period when most global economies are shrinking and companies are fearful about the fallout from Asia’s financial woes, one forward-thinking Canadian company is taking a different approach to grow major revenue: Minaean SP Construction Corp. (MSP.V – TSX) is leveraging its relationship with India-based giant Shapoorji Pallonji Group to build large scale and […]
Office Depot Inc (NASDAQ:ODP) Thanks Educators And Launches Exclusive New WorkPro Flex Collection
Office Depot Inc (NASDAQ:ODP) a leading global provider of workplace products , services and solutions is expressing gratitude to teachers by helping get them ready to head back to work. The company which prides itself in being a catalyst for productivity is showing gratitude to teachers during teacher appreciation days by offering a 25% discount […]
Fiat Chrysler Automobiles NV (NYSE:FCAU) Inflated U.S. Sales Figures
Reports have now surfaced that Fiat Chrysler Automobiles NV (NYSE:FCAU) FCA had inflated their sales figures in the United States. This is after an internal review that was started in 2015. One of the contributing factors that led to the inflation of figures is the pressure to maintain a year over year monthly sales. Inflation […]
Hecla Mining Company (NYSE:HL) Withdraw Bid For Dolly Varden Silver Corp (CVE:DV). Shares Affected
Hecla Mining Company (NYSE:HL) has made public its abandonment and termination of its bid for the Vancouver-based explorer, Dolly Varden Silver Corp (CVE:DV). The results of the withdrawal were disastrous because they affected the shares of the two entities. Expressing the company’s disappointment, Phillips S. Baker, Jr., Hecla’s President and CEO stated that Dolly Varden’s […]
