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LJM Partners sues unnamed 'manipulators' it blames for volatility losses

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NEW YORK (Reuters) – LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year’s jump in stock market volatility that effectively put the fund manager out of business. LJM invested in complex derivatives that lost most of their value over Read More

A.J. Gallagher’s 'clean coal' business draws ire of green investors

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BOSTON (Reuters) – Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”. FILE PHOTO: A view of Duke Energyís Marshall Power Plant in Sherrills Ford, North Carolina, U.S., November 29, 2018. REUTERS/Chris Keane/File Read More

A.J. Gallagher's 'clean coal' business draws ire of green investors

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BOSTON (Reuters) – Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co’s after a Reuters investigation into the company’s lucrative side-business in “clean coal”. FILE PHOTO: A view of Duke Energyís Marshall Power Plant in Sherrills Ford, North Carolina, U.S., November 29, 2018. REUTERS/Chris Keane/File Read More

Your Money: The words and wisdom of Jack Bogle

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NEW YORK (Reuters) – America just lost a true giant in investing legend and Vanguard Group founder Jack Bogle. FILE PHOTO: A tribute to Jack Bogle, founder and retired CEO of The Vanguard Group, is displayed on the bell balcony over the trading floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Transocean Ltd. Amends Previously Announced Cash Tender Offers

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STEINHAUSEN, Switzerland, Jan. 17, 2019 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today on behalf of Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., “Transocean”), amendments with respect to Transocean Inc.’s previously announced cash tender offers (as amended, the “Amended Tender Offers”) for the series of notes issued by Transocean Inc. listed in Read More

Shutdown is starting to hurt Trump's financial deregulation agenda

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WASHINGTON (Reuters) – The U.S. government shutdown over President Donald Trump’s call for Congress to fund a wall he promised to build on the U.S.- Mexican border is threatening another campaign pledge to make rules easier to navigate for banks and corporations. FILE PHOTO: U.S. President Donald Trump speaks to the news media before boarding Read More

Falcon Oil & Gas Ltd. Holdings in Company

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Falcon Oil & Gas Ltd. – Holdings in Company 16 January 2019 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) (“Falcon”) has been informed that Sweetpea Petroleum Pty Ltd. is the beneficial owner of 61,708,000 common shares of Falcon (“Shares”), representing 6.63% of Falcon’s issued and outstanding Shares. CONTACT DETAILS: Falcon Read More

Processing Units in Transit to Romania

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JERSEY, Channel Islands, Jan. 16, 2019 (GLOBE NEWSWIRE) — Serinus Energy plc (“Serinus”, “SEN” or the “Company”) (AIM:SENX, WSE:SEN), announces that the Company has confirmed that the Low Temperature Separation (“LTS”) unit and the Triethylene Glycol (“TEG”) unit (together, the “Units”)  due for installation at its Moftinu gas plant in Romania have been loaded onto Read More

U.S. shutdown sends grain traders, farmers hunting for data

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CHICAGO (Reuters) – When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up. FILE PHOTO: The U.S. Department of Agriculture is seen in Washington, DC, U.S., March 18, 2012. REUTERS/Gary Cameron/File Read More

Wentworth Resources Plc : Commercial, Operational Update and 2019 Production Guidance

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PRESS RELEASE 11 January 2019 WENTWORTH RESOURCES PLC(“Wentworth” or the “Company”) Commercial, Operational Update and 2019 Production Guidance Wentworth, the Oslo Stock Exchange (OSE: WEN) and AIM (AIM: WEN) listed independent, East Africa-focused oil & gas company, is today providing an update to shareholders. Tanzania Operations Gas demand for the Company’s producing reserves continued to Read More