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Stock Market & Financial Investment News

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April 29, 2014
04:55 EDTALSO, ALSO, ALSO, ABIO, ABIO, ABIO, MILL, MILL, MILL, PBIO, PBIO, PBIO, VLDI, VLDI, VLDI, CCGI, CCGI, CCGI, FNRG, FNRG, FNRG, SCIE, SCIE, SCIE, BIOL, BIOL, BIOLSNN and Growth Capital Investor to hold an expo
Growth Capital Expo is being held in Las Vegas on April 29-May 1.
News For ALSO;ABIO;MILL;PBIO;VLDI;CCGI;FNRG;SCIE;BIOL From The Last 14 Days
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October 29, 2014
08:49 EDTMILLMiller Energy affirms over 80% of current oil production hedged
Given recent movements in oil prices, Miller also reaffirmed that it has more than 80% of its current oil production hedged. It has approximately 456 MBbls hedged at $99.19 through the remainder of FY15 and approximately 787 MBbls at $95.36 during FY16. Miller believes it has sufficient liquidity if oil prices remain at current levels for the foreseeable future.
08:46 EDTMILLMiller Energy provides strategic processes update
Miller Energy announced that it has received nearly all the regulatory approvals for its acquisition of Savant Alaska and expects that transaction to close in November. Miller estimates that contractual purchase price adjustments from the May 1 effective date, as a result of ongoing production, will lower the effective acquisition price to approximately $5.8M, down from $9M. Upon closing, the company expects this acquisition will immediately add approximately 600 Bopd net production to Miller. In addition, Miller has reached agreement to sell substantially all of its Tennessee oil and gas assets and related liabilities for approximately $3.3M in cash. The company expects that the transaction will close in November. Miller expects the sale of its Tennessee assets will reduce costs and increase the company's cash flow by approximately $800,000 per year. The company has also announced that it continues its discussions with Buccaneer Energy and its principal lender to purchase substantially all Buccaneer Energy's Alaska operating assets out of bankruptcy. While negotiations continue, there is no guarantee that Miller will reach agreement with the sellers.
08:45 EDTMILLMiller Energy announced operations update
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08:44 EDTMILLMiller Energy CFO to leave company, Jeffrey McInturff named Interim CFO
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08:10 EDTCCGICar Charging Group announced plans to expand operations in China in Q4
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October 20, 2014
09:32 EDTPBIOPressure BioSciences, Powertech Technology announce partnership
Pressure BioSciences announced the continued expansion of its global sales outreach with a three-year, exclusive distribution agreement with Powertech Technology. The company said, "We have given guidance that we believe our product revenue growth will continue for 2H14 and into 2015 as well. Powertech has agreed to very aggressive, but attainable, minimum sales quotas. We believe that sales of our new Barozyme HT48 and HUB880 instrument systems, as well as our new micro-Pestle consumable, will begin in earnest in 1Q15."
October 17, 2014
08:04 EDTFNRGForceField Energy receives multiple new contracts totaling $500K
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