Digital Currency Remains the Most Important Asset of 2018 Many listed (NYSE) and (NASDAQ) regulated stocks are up in 2018 as analysts, commentators, and market watchers sorted through what sectors have potential for 2018 in hopes of individual sectors turning, or stock specific/industry specific names Nvidia (Nasdaq:NVDA) hanging on to the graphics processing unit (GPU) […]
Marketing
CGG (NYSE:CGG)’s Safeguard Plan Gets Court Approval
CGG (NYSE:CGG) has received a boost in its safeguard plan after a US bankruptcy court said it recognizes a French court’s ruling on the firm. The US court approved a ruling by the Commercial Court of Paris, which was delivered on December 1, 2017 regarding the firm’s Chapter 15. Following the approval, CGG’s creditors have […]
Mitcham Industries (NASDAQ:MIND) to Expand Product Range with Investment from Mitsubishi Heavy Industries
Mitcham Industries, Inc. (NASDAQ:MIND) has signed a number of agreements with Mitsubishi Heavy Industries in a bid to diversify into the marine technology industry. Under the new partnership agreements, Mitsubishi Heavy Industries will inject $4 million into Mitcham through the purchase of its 9% Series A Preferred Stock. Mitcham will then use the capital to […]
Receiving Commitments For New Credit Facility Takes Noble Corporation (NYSE:NE) A Notch Higher
The stock of Noble Corporation (NYSE:NE) closed at $4.23 gaining 1.44% in yesterday’s trading session. It was today when Noble made an announcement disclosing that a number of its owned subsidiaries had received commitments from lenders to enter into a new credit facility. The company exudes confidence that by the end of this year it […]
General Finance Corporation (NASDAQ:GFN) Names Jeffrey A. Kluckman Executive Vice President of Global Business Development
General Finance Corporation (NASDAQ:GFN) has appointed Jeffrey Kluckman the global business development executive effective January 1, 2017. Mr. Kluckman will coordinate with the firm’s chairman and chief executive officer and guide the company’s vision and strategic plan. He will also be responsible for the firm’s acquisitions across the globe. He reports to the firm’s chief […]
Cobalt International Energy, Inc. (OTCMKTS:CIEIQ) And Sonangol Reach A $0.5 Billion Settlement
Cobalt International Energy, Inc. (OTCMKTS:CIEIQ) and Sonangol (Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola — Empresa Pública) have inked an agreement aimed at resolving disputes between the two entities as well as transition the Angolan offshore interests of the former in Blocks 21 and Blocks 20 to the latter at a price of […]
Pareteum Corp (NYSEAMERICAN:TEUM) Is Ready To Take On The Deployment Of Connections For China Focused MVNO
Pareteum Corp (NYSEAMERICAN:TEUM) has confirmed having commenced the deployment of ‘Connections’ for the China-focused MVNO. The leading mobile Cloud Communications Platform Company was awarded the 3-year, $1 million contract in late November. It will be expected to enhance the connection and transaction of services by MVNO’s China-based subscribers on their mobile devices. The choice of […]
J C Penney (NYSE:JCP) Pulls Down Racist Display After Outcry
J C Penney (NYSE:JCP) has removed a racist display from one of its malls in Sioux City, Iowa, following a social media outcry. The firm came under fire after an Iowa resident Michelle Free-LaMere posted a video and photo of several mannequins in the Iowa store wearing ‘Tribe-themed t-shirts’ with different racist inscriptions. According to […]
Will GGP Inc (NYSE:GGP) Accept The $14.8 Billion Bid From Brookfield Property Partners LP (NASDAQ:BPY) After Extensive Talks?
The buyout talks between Brookfield Property Partners LP (NASDAQ:BPY) and GGP Inc (NYSE:GGP) are still active. The two are discussing how Brookfield Property Partners LP will take over a stake of mall owner GGP Inc. even though the Chicago-based GGP does not still own it. A reliable source reveals that the talks are private but […]
JPMorgan Chase & Co. (NYSE:JPM) Funding Private Immigration Detention Centers
JPMorgan Chase & Co. (NYSE:JPM) is financing the immigration detention prisons that detain thousands of immigrants, a new report reveals. The report by the Center for Popular Democracy and Make the Road New York shows that Wall Street firms, including JP Morgan Chase, have extended loans, lines of credit and bonds amounting to $100 million […]
