Dallas, Texas 05/02/2014 (FINANCIALSTRENDS) –  The global leader in door-to-door cosmetics sales, Avon Products, Inc. (NYSE:AVP) is about to end a six year long U.S. bribery probe with a tag of approximately $500 million in price. The company spent almost $344 million on the internal investigation of bribe payments and will...
Tractor Supply Company (NASDAQ:TSCO) has announced plans to unveil 1700th store in Mocksville, NC. It is part of the company’s aggressive expansion of the footprint. The new store will be situated at 1029 Yadkinville Road, Suite 101. Grand arrangements are ON to open the 1700th store on April 7, 2018....
Resolute Energy Corp (NYSE:REN) is $177.5 million richer as it has sold the Gardendale assets in West Texas. The cash inflow will help in the debt reduction of the company and future developments in the Delaware basin property in West Texas and the Aneth Field property in southeast Utah. A...
Dallas, Texas 07/30/2013 (Financialstrend) - General Motors Co. (NYSE:GM) recently dismissed many of its managers and executives, including its global engine operation’s head due to violation of  unspecified company policies following the questions raised by Indian government about recall of the company’s 114,000 Chevrolet Tavera utility vehicles sold in...
Dallas, Texas 03/14/2014 (FINANCIALSTRENDS) – Transocean LTD (NYSE:RIG) was downgraded and price target brought down to $45 by rating agencies as the analysts at Forbes felt that in the current global oil and gas supply and price scenario, the deep water and its associated ultra deep water drilling services providers...
Tango Mining Ltd (CVE:TGV) has announced its collaboration with Georges Zard (GZ).In this business dealing, GZ will be entitled to a 31% interest  in African Star Minerals(Pty) Ltd. The African Star Minerals (Pty) Ltd owns 100% of the South African Oena Diamond Mine which is worth US$300,000. Georges Zard has...
Dallas, Texas 04/22/2014 (FINANCIALSTRENDS) – Ocwen Financial Corp (NYSE:OCN) on the daily charts has been in a downtrend right from the beginning of 2014. The stock had broken below important support levels but in the last couple of days has broken out and is currently taking support at its 50...
Dallas, Texas 02/26/2014 (FINANCIALSTRENDS) – Vale SA (ADR)(NYSE:VALE) reported that it is likely to move fast and firmly by closing down of its production facility in Sergipe towns of – Capala as well as Japaratuba- if there were further delays in identifying the actual location of the processing facility. The location...
Dallas, Texas 04/03/2014 (FINANCIALSTRENDS) – Since 2000, Caterpillar Inc. (NYSE:CAT) has escaped from paying $2.4 billion in US tax by moving benefits to a wholly-controlled associate in Switzerland, as stated by a report released by Sen. Carl Levin, a Michigan Democrat. Company Executives to Capitol Hill Executives from assembling monster Caterpillar Inc....
Dallas, Texas 08/13/2014 (FINANCIALSTRENDS) – Results of second quarter ending June 30th 2014 has been announced for North American Palladium Ltd (USA) (NYSEMKT:PAL). The company has realized revenue of $50.5 million in main and $14.1 million as by-product revenue, as compared to $33.2 million as the main revenue for...