Euro-Dollar Interest Rate Futures Pop Higher

Euro-Dollar Interest Rate Futures Pop Higher

Euro-dollar interest rate futures popped higher with the tame core consumer price index reading that still managed to trump the University of Michigan surge, since the bounce in the short-dated rate contracts had some stamina. Fedspeak from doves Eric Rosengren and Charles Evans has been about as expected, though neither appeared likely to stand in the way of a December hike per se. Hawk Robert Kaplan was due to begin […]

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Alphabet’s Price Target From Pivotal Boosted to $970 From $940 Ahead of Q3 Report

Alphabet’s Price Target From Pivotal Boosted to $970 From $940 Ahead of Q3 Report

Alphabet (GOOG) received a price-target increase Thursday from Pivotal Research Group as the firm, in making adjustments to its estimates ahead of Q3 results, said it may have been too conservative on the Google parent company’s near-term margins. The new price target from Pivotal is $970 per share, up from $940. However, this is still below the stock’s Wednesday closing price of $989.25, and came as Pivotal maintained its hold […]

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Suburban Propane Partners’ Price Target Nudged Up to $25 by Janney

Suburban Propane Partners’ Price Target Nudged Up to $25 by Janney

Suburban Propane Partners (SPH) received a slight increase to its price target Wednesday afternoon from Janney Montgomery Scott as the firm updated its financial models to reflect expectations for lower margins and higher volumes through 2019. The new price target is $25 per share, up from $24. However, the raised target is still below the stock’s Wednesday closing price of $26.20. Janney kept its investment rating on the stock at […]

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US Energy Strikes Deal With Lender APEG Energy II

US Energy Strikes Deal With Lender APEG Energy II

U.S. Energy (USEG), an oil & gas company, said Thursday it has reached an agreement with APEG Energy II, the sole lender of its senior secured credit facility, to exchange nearly $4.5 million in borrowings for over 5.8 million new shares. Trading in U.S. Energy shares was halted at 4:55 pm EST Wednesday. The stock trades in a 52-week range between $0.60 and $2.74. The exchange price of $0.77 represents […]

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Tecogen Sells Five Combined Heating and Power Units

Tecogen Sells Five Combined Heating and Power Units

Tegogen, a clean energy company providing natural gas powered on-site power, heating and cooling equipment, said on Thursday that it sold five InVerde e+ combined heat and power units to a pharmaceutical company located in the San Francisco Bay area of California. The 625-kilowatt system will be installed in conjunction with absorption chillers to create a highly efficient natural gas powered tri-generation system that will provide power, heating and cooling […]

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Navidea Enters into Distribution Deal in India

Navidea Enters into Distribution Deal in India

Navidea Biopharmaceuticals shares were over 3% higher Tuesday after the company said that it has entered into an exclusive license and distribution agreement with Sayre Therapeutics for the development and commercialization of Tc 99m tilmanocept in India Tc 99m tilmanocept kit is used for radiopharmaceutical preparation for imaging and intraoperative detection of sentinel lymph nodes draining a primary tumor in adult patients with breast cancer. Under the terms of the […]

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Diana Shipping Extends Time Charter Contract

Diana Shipping Extends Time Charter Contract

Diana Shipping, through a separate wholly owned subsidiary, has extended its time charter contract with RWE Supply & Trading GmbH, of Essen, Germany, for one of its Kamsarmax dry bulk vessels, the Myrsini. The gross charter rate is $8,650 per day, minus a 5% commission paid to third parties, for a period until minimum Aug. 31, 2018 and maximum Dec. 31, 2018. Diana also signed multiple new time charter contracts […]

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