(Source: Richoux Group plc) Richoux Group plc Subscription of 6,771,972 Ordinary Shares at a price of 25 pence per share The Company today announces that it has raised approximately £1.69 million by way of a subscription (the "Subscription") of 6,771,972 new Ordinary Shares (the "Subscription Shares") at a price of 25 pence per Ordinary Share (the "Subscription Price"). The Subscription is conditional upon admission of the Subscription Shares to trading on the AIM market of the London Stock Exchange ("Admission"). The proceeds of the Subscription will be used for general working capital purposes. Details of the Subscription Following Admission, the...
Subscription (Richoux Group plc)
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Hughes High-Throughput Satellite Successfully Launched, Setting the Stage for the Next Generation of Satellite Internet (Hughes Communications Inc)
(Source: Hughes Communications Inc) Germantown, Md., December 19, 2016-Hughes Network Systems, LLC (HUGHES) is set to usher in the next generation of satellite Internet service with the successful launch on December 18 of EchoStar XIX, the world's highest capacity broadband satellite. Designed with Hughes JUPITER™ System technology, EchoStar XIX is a multi-spot beam, Ka-band satellite which in its final orbit will power HughesNet® Gen5, the next generation of the nation's #1 high-speed satellite Internet service, delivering more speed, more data, and more advanced features for consumers and small businesses with limited Internet access options. Built for Hughes by Space Systems Loral,...
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Netherlands: EIB supports Sint Trudo foundation for energy neutral social housing (EIB - European Investment Bank)
(Source: EIB - European Investment Bank) Dutch Social housing foundation Sint Trudo and the European Investment Bank (EIB) have today signed a financing agreement of EUR 150 million. The facility made available by the EIB will be used for new, largely energy neutral, housing as well as making existing social housing more sustainable. With her investment...
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Swissmedic Arbeitsgruppe mit Patienten- und Konsumentenorganisationen (Swissmedic - Swiss Agency for Therapeutic Products)
(Source: Swissmedic - Swiss Agency for Therapeutic Products) 19.12.2016 - Der im Mai 2014 gestartete Pilot einer Swissmedic Arbeitsgruppe mit Patienten- und Konsumentenorganisationen wird nach...
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IFC, MIGA support Sankofa Gas Project to help Ghana shift power generation to natural gas
International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), members of the World Bank Group, have announced the commitment of US$517 million in debt and guarantees to support Ghana’s Sankofa Gas Project, an integrated offshore oil and natural gas project that will provide a source of reliable, affordable energy in the country. A release issued in Accra said: “The project will fuel up to 1,000 megawatts of power generation, helping Ghana meet its growing energy needs and displace oil-fired power generation with a clean-burning alternative.” The US$7.7 billion Sankofa project will be developed by Vitol Ghana and Eni Ghana, in partnership with Ghana’s...
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Stocks open lower on Wall Street as retailers and healthcare companies fall
Stocks opened slightly lower...
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Nokia is suing Apple for using its technology without paying in latest smartphone patent war
Nokia has announced it is suing Apple for patent infringement, claiming US company uses...
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US economy grew at strong 3.5 pct. annual rate last quarter
WASHINGTON (AP) - The U.S. economy grew at a 3.5 percent annual rate in the July-September quarter, the fastest pace in two years and more than the government had previously estimated. But the growth spurt isn't expected to last. The gain in the gross domestic product, the economy's total output of goods and services, came from added strength in consumer spending, business investment and the government sector, the Commerce Department said Thursday. The government had previously estimated last quarter's annual growth rate at 3.2 percent....
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Navistar (NAV) Posts Loss in Q4 Earnings Season
Share price of Navistar International Corporation NAV increased 5.8% to $31.8 on Dec 21, after the company announced a raised fiscal 2017 guidance for earnings before interest taxes depreciation and amortization (EBITDA). The company reported fourth-quarter fiscal 2016 (ended Oct 31, 2016) loss from continuing operations of 28 cents per share, as against an adjusted net profit of 36 cents recorded in the year-ago quarter. The Zacks Consensus Estimate for earnings was 24 cents per share. FindTheCompany | Graphiq On a reported basis, Navistar recorded a net loss from continuing operations of $34 million or 42 cents per share, narrower than a loss of $50 million or 61 cents in the...
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Moody's (MCO) Hikes Dividend; Is the Stock Worth a Look?
Moody's Corporation MCO declared a quarterly cash dividend of 38 cents per share, reflecting a 3% increase from the previous payout. Based on yesterday’s closing price of $96.49, the stock reflects a dividend yield of 1.58% (annualized basis). The new dividend will be paid on Mar 10, 2017 to stockholders of record as of Feb 20, 2017. The latest move certainly reaffirms Moody's commitment toward enhancing shareholders’ value through steady capital deployment activities. The company also has a share buyback program in place. As of Sep 30, 2016, $787 million shares remained outstanding under its existing share repurchase...
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European markets mixed; BMPS poised for state bailout; Actelion up 4%
European stocks continued lower on Thursday afternoon as concerns escalated as to the fragility of the Italian banking system and trading desks began to thin out for London's financial sector before the long Christmas break. The pan-European Stoxx 600 (^GDAXI) was 0.23 percent lower in mid-afternoon trading with most sectors in negative territory. Banking stocks were slightly lower in early afternoon trade on Thursday as the Italian state is poised to rescue Monte dei Paschi di...
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Nigeria: Taraba Workers Shut Down State Secretariat Over Unpaid Salaries
[Premium Times] Workers in the employment of Taraba State Government under the auspices of the Joint Public Service Negotiating Council, JPSNC, on Thursday shut down the state secretariat in Jalingo to protest the non-payment of their salaries. ......
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Demonetisation: I-T dept recovers Rs 2.3 cr from bizman in new currency notes
In a major seizure, the Income Tax Department on Thursday recovered at least Rs 2.3 crore cash in new currency notes from a local businessman. ......
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Demonetisation not last action against corruption: Arvind Panagariya
Terming Prime Minister Narendra Modi's demonetisation scheme as a "frontal attack" on black money, NITI Ayog vice-chairman Aravind Panagariya on Thursday said more such actions are in store to curb corruption. ......
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Business Unusual: Car Insurance Innovations for Consumers
From a distance, it might seem like the closest thing to a shake-up in auto insurance recently is that funny new TV commercial. But take a closer look and you’ll find that the car insurance world is steadily becoming smarter and more consumer-friendly. Here are some of the latest developments. QuickCard Pay real-time claim payments from Allstate What’s cool about it: Claim check? What claim check? Allstate, in a partnership with MasterCard, can now send customers’ claim settlements directly to their debit card accounts. How it works: As long as you have an email address and a qualifying debit card, you can use QuickCard Pay. After your claim is settled,...
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State senator proposes casino for Terre Haute
TERRE HAUTE, Ind. (AP) - A state lawmaker wants to clear the way for a casino in Terre Haute. Republican Sen. Jon Ford is proposing legislation to move unused games held by the Rising Sun casino to Terre Haute. He tells the Tribune-Star (http://bit.ly/2h5m7lf ) that a new casino would ... ......
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Retail gasoline prices in Texas, nationwide up 3 cents
COPPELL, Texas (AP) - Retail gasoline prices in Texas and the rest of country rose an average 3 cents per gallon this week. AAA Texas on Thursday reported the average statewide price at the pump was $2.06 per gallon. Nationwide gasoline prices reached an average $2.26 per gallon. The association ... ......
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Lawmaker: Alabama rivers could help meet state's water needs
MONTGOMERY, Ala. (AP) - A north Alabama lawmaker says he thinks the state is wasting water resources - and he wants his fellow legislators to consider expanding access to rivers in the state. The TimesDaily reports (http://bit.ly/2hdbss4 ) that Sen. Arthur Orr, a Decatur Republican, says the state isn't wisely ... ......
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Motorists who pay cash face fines at new parkway exit
SAYREVILLE, N.J. (AP) - Motorists who don't have E-ZPass will face a $25 fine at a Garden State Parkway exit that is under construction and scheduled to open in 2018. Cash-paying motorists can avoid paying the fine at the southbound Exit 125 ramp in Sayreville if they use the next ... ......
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Oliver named Norfolk's First Citizen in Public Affairs
The Cosmopolitan Club of Norfolk selected�James "Jim" B. Oliver Jr., a former city manager for Norfolk, Hampton and Portsmouth, as Norfolk's First Citizen in Public Affairs. The club will present him the�2016 Distinguished Service Medal at a semi-formal banquet at 6 p.m. on April 8 at the Norfolk ......
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