Financial News

Bond Prices Give Up Some Gains

Bond Prices Give Up Some Gains

April 13, 2017 at 11:40 am 0 comments

U.S. Treasury prices further trimmed overnight gains Thursday as data improved and equities bumped into positive territory. Earlier traders booked profits in the initial leg lower. Overnight prices ticked through the highest levels since mid-November for much of the curve with the five-year leading. Data showed a surprise jump in consumer confidence while inflation measures were tamer than expected inRead More

Akoustis Technologies Secures Four Additional Patents

Akoustis Technologies Secures Four Additional Patents

April 12, 2017 at 11:59 am 0 comments

Akoustis Technologies said pre-market Wednesday that it has secured four additional patents in relation to its single-crystal piezoelectric materials, new bulk acoustic wave (BAW) resonators, wide-bandwidth RF filters and their application in mobile and other wireless devices. With these additional patents, the company said it now has 11 patents and various patents pending in the US and internationally. Two ofRead More

United Airlines Shares Drop

United Airlines Shares Drop

April 11, 2017 at 11:39 am 0 comments

Shares of United Continental Holdings, an airline holding company, fell nearly 4% as the fallout from a videotape showing a passenger being forcibly removed from the plane continued to reverberate. The company was vilified on social media Monday, and is facing further backlash after CEO Oscar Muniz’s letter defending employees was labeled “tone deaf” by the New York Post. MunozRead More

Visa Says Checkout Service Reaches Milestone

Visa Says Checkout Service Reaches Milestone

April 6, 2017 at 11:47 am 0 comments

Visa shares were slightly lower Thursday morning after the credit card company said its Visa Checkout service reached a milestone of more than 20 million enrolled customers. Visa Checkout is a service that enables consumers to pay on any internet-connected device with some of the world’s top merchants, the company noted. Visa also said that Visa Checkout will continue toRead More

KVH Industries Wins Contract

KVH Industries Wins Contract

April 5, 2017 at 11:53 am 0 comments

KVH Industries, a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users, said Wednesday that it has received a $3.5 million order for its TACNAV tactical navigation systems for use by an unnamed international military customer. The TACNAV military vehicle navigation systems provide unjammable precision navigation, heading, and pointing data for vehicle drivers,Read More

Diffusion Pharma Secures U.S. Patent

Diffusion Pharma Secures U.S. Patent

April 4, 2017 at 10:58 am 0 comments

Diffusion Pharmaceuticals gained in premarket trading after the clinical stage biotechnology company, said a key patent has been issued by the U.S. Patent and Trademark Office (USPTO) for its lead drug candidate trans sodium crocetinate (TSC). Shares rose as much as 25%. The U.S. patent was entitled “Bipolar Trans Carotenoid Salts and Their Uses.” It expands coverage of the therapeuticRead More

Ares Management Establishes Development Capital Resources

Ares Management Establishes Development Capital Resources

April 3, 2017 at 5:09 pm 0 comments

Ares Management L.P, an alternative asset manager, said Monday that it has formed Development Capital Resources, an oil and gas company focused on providing development capital to North American exploration and production operators. Development Capital, backed by funds managed by Ares Management, will identify opportunities to partner with existing operators throughout North America to help them accelerate growth through theRead More