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Stock Market & Financial Investment News

News Breaks
January 31, 2013
14:50 EDTKIOR, SZYM, AMRS, GEVO, GPRE, ADM, REX, BIOF, PEIX, ANDEEPA proposes 2013 renewable fuel standards
The U.S. Environmental Protection Agency is proposing the 2013 percentage standards for four fuel categories that are part of the agency’s Renewable Fuel Standard program. The proposal will be open for a 45-day public comment period and EPA will consider feedback from a range of stakeholders before the proposal is finalized. The proposed 2013 overall volumes and standards include total renewable fuels at 16.55B gallons, including biomass-based diesel at 1.28B gallons, advanced biofuels at 2.75B gallons and cellulosic biofuels at 14M gallons. The Fly notes companies whose business involves ethanol for use in transportation include Archer Daniels (ADM), Andersons (ANDE), Biofuel Energy (BIOF), Green Plains (GPRE), Pacific Ethanol (PEIX) and REX American Resources (REX). Other companies involved in biofuel and renewable fuels include Solazyme (SZYM), Gevo (GEVO), Amyris (AMRS) and KiOR (KIOR). Reference Link
News For ADM;ANDE;BIOF;GPRE;PEIX;REX;SZYM;GEVO;AMRS;KIOR From The Last 14 Days
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January 28, 2015
18:21 EDTGEVOOn The Fly: After Hours Movers
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16:04 EDTGEVOGevo files to sell common stock and warrants
Gevo announced that it intends to offer and sell, subject to market and other conditions, common stock units. Each common stock unit will consist of one share of common stock, Series A warrants to purchase a certain number of shares of common stock and Series B warrants to purchase a certain number of shares of common stock. The units are to be sold by Gevo subject to market and other conditions in an underwritten public offering. Cowen and Company, LLC is acting as sole manager.
January 27, 2015
09:10 EDTGEVOGevo announces Supreme Court rules in favor of Gevo
Gevo (GEVO) announced that the U.S. Supreme Court ruled in Gevo's favor and overturned an earlier Federal Circuit Court of Appeals ruling on the interpretation of key patent claims. The result is that Gevo's victory in the Delaware District Court is reinstated, and that the case has been remanded back to the Appeals Court for consideration in light of the new standard of appellate review that was decided in the Teva Pharmaceuticals USA, Inc., v. Sandoz, Inc. case last week. In Teva (TEVA), the Supreme Court ruled that the Appeals Court must apply a more stringent "clear error" standard of review, rather than a "de novo" standard of review. In Gevo's case, the Appeals Court must now apply the "clear error" standard of review and cannot set aside the Delaware District Court's findings of fact in Gevo's favor unless they were clearly erroneous. The Supreme Court's decision effectively reinstates Gevo's victory at the District Court where a final judgment of non-infringement was entered in Gevo's favor following the acknowledgment by Butamax Advanced Biofuels LLC that Gevo does not infringe Butamax's Patent Nos. 7,851,188 and 7,993,889.
January 20, 2015
08:46 EDTGEVOGevo announces headcount reduction at headquarters among other measures
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06:31 EDTADMArcher Daniels downgraded to Underweight from Neutral at JPMorgan
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