Recent Posts

Dow and DuPont Ready For Merge, Still Await EU Regulatory Approval

Dow and DuPont Ready For Merge, Still Await EU Regulatory Approval

  DuPont relayed its plan to buy a unit of FMC Corp and will sell its crop protection business in order to win approval from the European Union over its pending merger with Dow Chemical. On this announcement, shares of FMC rose upwards of 17 percent, hitting a near three-year […]

Shell Profit Free Falls 44%, as Crude Plummets

Shell Profit Free Falls 44%, as Crude Plummets

Royal Dutch Shell, which is nearing the completion of the largest deal in the oil industry in the past decade, posted its profit for the fourth quarter that matched estimates on Wall Street. Shares were up the most in close to seven years amidst a rebound in stock worldwide and […]

Mad Catz Filed Chapter 7 Bankruptcy

Mad Catz Filed Chapter 7 Bankruptcy

Mad Catz Interactive had announced it was filing for bankruptcy today. The parent company of Mad Catz Inc and the audio company Tritton said, it would voluntary file as its directors and officers were all resigning. Mad Catz Inc, of course, is the popular video game peripheral manufacturer (they make […]

Possible Euro-Dollar Parity?

Possible Euro-Dollar Parity?

The Euro (EURUSD) fell below $1.18 on Thursday. It further fell to $1.1754 following the release of weak data. The Eurozone industrial producer price and confidence readings came below par, which led to the currency’s extension of the longest losing streak in history. The shared currency was launched on January […]

Bank of America Offers Biggest Settlement Ever

Bank of America Offers Biggest Settlement Ever

Bank of America has spent months stalling throwing out low numbers for a settlement, but once the government got involved the situation was resolved within 24 hours. The bank has agreed to the largest federal settlement in US corporate history. The tentative deal, which will cost the bank a reported […]

Elephant Tranquilizer Could Be Next Drug Epidemic

Elephant Tranquilizer Could Be Next Drug Epidemic

Carfentanil is a powerful new synthetic opioid used as a tranquilizer for elephants (and other similarly large animals). Of course, it makes sense to use this drug on massive creatures as it is formulated to be 10,000 times more potent than morphine and at least 100 times more potent than […]

UK Government Was Planning Regulation Of Digital Currencies

UK Government Was Planning Regulation Of Digital Currencies

According to report by Reuters, the UK government was planning to subject crypto currencies such as Bitcoin to the same anti-money laundering policies as normal paper currency. The UK finance ministry planned to regulate the currency via digital currency exchanges which are utilized by users for the trade of crypto […]

Warner Bros. Changed Game Plan For Growth (TWX)

Warner Bros. Changed Game Plan For Growth (TWX)

In order to regain its footing in the movie industry, Warner Bros. is planning an ambitious expansion plan to increase its presence in the business. More movie offerings are expected from Warner’s expansive DC Comics library, as well as some melodramas and comedies that are currently in the works at […]