W. Scott Emerick Will Recieve $462k As Part Of The Separation Agreement With Park-Ohio Holdings Corp.

July 8th, 2015

business peopleIn connection with the separation of W. Scott Emerick, former Vice President and Chief Financial Officer of Park-Ohio Holdings Corp. (NASDAQ:PKOH), from the Company and from its operating subsidiary, Park-Ohio Industries, Inc., Industries and Mr. Emerick entered into a separation agreement Read more…

Material Events

Wyoming Dep. Of Environment Quality Renews All 3 Permits From Peabody Energy Corp

July 8th, 2015

Peabody Energy CorporationOn July 6, 2015, the Wyoming Department of Environmental Quality notified Peabody Energy Corporation (NYSE:BTU) through its applicable subsidiaries that the state has completed its review of self-bonding applications related to three mine permits Read more…

Energy, Material Events, Mining / Drilling

Amazing Energy Oil and Gas Co Completes Common Stock Exchange

July 8th, 2015

Amazing Energy OilOn July 1, 2015, Amazing Energy Oil and Gas Co (OTCMKTS:AMAZ) completed the exchange of 21,215,038 restricted shares of common stock for 9,207,303 shares of common stock of Amazing Energy, Inc., a Nevada corporation. Read more…

Energy, Gold, Material Events, Mining / Drilling, Stocks

Don’t Panic, Nothing Has Really Changed In The Oil Markets

July 8th, 2015

Oil Price question markDan Doyle:  Monday’s 8% WTI crude decline is setting up a big opportunity for buyers. And there could be more to come. But this is driven by momentum, not by the fundamental conditions in the physical market. Read more…

Crude Oil, Economy, Investing, Markets, Mining / Drilling, Stock Market, Today's Top News, World News

Can You Imagine The Fed Raising Rates In This World?

July 8th, 2015

Federal ReserveJohn Rubino:  $1.4 trillion of Chinese stocks have stopped trading. Greece is finally imploding. The US trade deficit is widening on falling exports.Copper just fell back to 2009 levels. And safe-haven capital flows are revving up again, with Swiss 10-year bonds once again trading with negative yields. Read more…

Banking, Economy, Federal Reserve, Markets, Stock Market

The Next Stage in the Global Monetary Crisis …

July 8th, 2015

greece-financial-crisis:  Damp Weather in England, Crashing Markets in China -

London, England – Over the weekend… it rained!

As we predicted, the Greeks voted against their creditors’ conditions for further aid. When you ask a debtor if he’d prefer not to pay, what else would you expect? Read more…

Banking, Economy, Europe, Government, Markets, Today's Top News, World News

Barack Obama Promises That Events In Greece And Puerto Rico Will Not Cause A Global Financial Crisis

July 6th, 2015

ObamaMichael Snyder:  Barack Obama says that we shouldn’t be alarmed by what is happening over in Greece.  On Tuesday, he told reporters that this “is an issue primarily of concern to Europe” and that “I think the markets have properly factored in the risks involved“.  And apparently Obama is not too concerned about the debt crisis in Puerto Rico either.  Read more…

Banking, Economy, Europe, Government, Markets, World News

Furmanite Corporation (NYSE:FRM) Annual Meeting Of Stockholders Results

July 6th, 2015

Furmanite CorporationAt the Annual Meeting of Stockholders of Furmanite Corporation (NYSE:FRM) held on June 30, 2015, the following proposals were submitted to stockholders with the following final results: Read more…

Material Events

Global Financial Crisis: Empty Supermarket Shelves In Greece Should Be A HUGE Wake Up Call To Millions Of Clueless Americans

July 6th, 2015

Supermarket In Greece - Photo posted by Vasilis Dalianis On TwitterMichael Snyder:  What you are watching unfold in Greece right now is eventually going to come to your own neighborhood.  Someday, people living all around you will be storming the supermarkets in a desperate attempt to secure the food and supplies that they neglected to store up when they had the chance. Read more…

Banking, Consumer, Economy, Europe, Inflation/Deflation, News Of The Weird, Today's Top News, World News

Have the Saudis miscalculated the impact of lower crude prices on US production?

July 6th, 2015

Oil 6Walter Kurtz:  In 2014 the Saudis could no longer accept the loss of crude oil market share as the North American production levels shot up sharply over a three-year period. Read more…

Crude Oil, Markets, Mining / Drilling, Oil Wars, World News

US Preparing Coup To Prevent Greece From Falling Under Russian Influence

July 6th, 2015

Greece - GrexitKurt Nimmo:  The United States and Germany are prepared to engineer a coup in Greece to keep the country operating as a strategic asset on NATO’s vulnerable southeast European flank. Read more…

Economy, Europe, Government, Military and Police, Russia, Today's Top News, World News

Aetna Inc To Purchase All Outstanding Shares Of Humana Inc For $37 Billion

July 6th, 2015

HumanaHumana Inc (NYSE:HUM) and Aetna Inc (NYSE:AET) announced that they had entered into a definitive agreement under which Aetna will acquire all outstanding Humana shares for a combination of cash and stock valued at $37 billion Read more…

Healthcare, Material Events, Today's Top News

How Much Gold Does China Have?

July 6th, 2015

Gold ChinaKoos Jansen:  There has been much speculation about a slide from chairman and secretary-general of the China Gold Association Zhang Bingnan presented at the LBMA forum in Shanghai June 25, 2015. Read more…

China, Gold, Markets, World News

Fannie Mae’s CEO Timothy Mayopoulos Base Salary Of $750,000 Approved By The FHFA

July 1st, 2015

Fannie MaeOn June 29, 2015, the Federal Housing Finance Agency (“FHFA”) approved certain changes to the compensation of Timothy J. Mayopoulos, Fannie Mae’s Chief Executive Officer, to address objectives recently outlined by FHFA. Read more…

Banking, Earnings, Material Events

GP Strategies Corp Annual Meeting Of Stockholders Voting Results

July 1st, 2015

GP Strategies CorporationGP Strategies Corp (NYSE:GPX) held its annual meeting of shareholders. At that meeting, the following matters were voted upon: Read more…

Material Events

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