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PA Resources expects to report a significant impairment charge in year-end report for 2015

2015-12-21 08:56:51| Appliances - Topix.net

As announced on the 17 November 2015, PA Resources is in the process of selling its portfolio of oil and gas assets. It is now clear that in the current severely depressed market for oil and gas assets, the market value of the company's assets is significantly lower than the book values published in the interim report for the third quarter of 2015.

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If It's Tuesday, It Must Be Mumps: Medical Tips For Year-End Travelers

2015-12-18 23:30:59| Biotech - Topix.net

If you're traveling overseas for the holidays or in the new year, there are some things you don't want to bring back with you - like mumps, which has cropped up in Scotland; measles, which is circulating in Germany; and mosquito-borne diseases that are spreading in certain Latin American countries, the Caribbean and even Hawaii, where more than 150 people have been diagnosed with dengue fever on the big island. The good news is that, as of the end of 2015, no countries had an "avoid non-essential travel" notice from the Centers for Disease Control and Prevention.

Tags: tips medical tuesday travelers

 
 

S&P 500 Earnings Yield, Fed Model, FOMC Meeting, Year-End Rally

2015-12-13 21:21:10| Air Courier - Topix.net

"Fed Model" fans are familiar with the S&P 500 earnings yield since it is the Fed Model calculation that subtracts the 10-year Treasury yield from the earnings yield of the S&P 500 to get a broadly-based market valuation measure that was once cited by Alan Greenspan in the late 1990s as indicative of what he thought was an overvalued stock market. If we look at the yield on the 10-year Treasury in July 1997 - roughly a 5%-5.25% yield - and the year-end S&P 500 earnings were $43.50 and in July 1997, the S&P 500 was trading at - let's call it 925 - the S&P 500 earnings yield was roughly 4.7%, so the Fed Model, with a value of -0.50, was indicating in mid-2007 that the S&P 500 was overvalued.

Tags: model meeting yield fed

 

Canada on track to welcome 10,000 Syrian refugees by year-end, McCallum says

2015-12-12 14:37:25| Railroads - Topix.net

Immigration Minister John McCallum says Canada is still on track to welcome 10,000 Syrian refugees by the end of the year. McCallum and Health Minister Jane Philpott were at the Ottawa train station as Canadian National Railway Co.

Tags: canada track says refugees

 

Global Blood Therapeutics: Year-End Update On The Falling Biotech Star

2015-12-11 05:26:33| Biotech - Topix.net

After performing one of the most successful IPOs of the year, GBT continues to develop a highly promising drug with recently proven positive clinical results. The stock unreasonably plunged after an overall sickle cell skepticism triggered by American Society of Hematology annual meeting and thus reached an attractive entry point for risk-tolerant investors.

Tags: global star update blood

 

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