Business


Marvell Technology Group's (MRVL) Buy Rating Reaffirmed at Needham & Company LLC

The company was maintained on Friday, September 25 by Nomura. The firm earned "Outperform" rating on Wednesday, October 12 by Credit Suisse. The stock has "Hold" rating by Gabelli on Thursday, August 4. Investors sentiment increased to 1.27 in Q4 2016. It has a dividend yield of 1.48%. Ltd. increased its stake in Marvell Technology Group by 1.9% in the third quarter.


Cairn Energy completes SNE-6 appraisal well drilling offshore Senegal

Cairn Energy completes SNE-6 appraisal well drilling offshore Senegal

Pressure data from SNE-6 confirmed strong connectivity with SNE-5, which led Cairn to conduct drill stem testing (DST). Multiple samples of oil were recovered and exhibited similar quality during DST. Simon Thomson, chief executive Cairn, said: "This is our ninth successful well in Senegal in three years. Operations now move to FAN SOUTH as we continue to test significant further prospectivity in the extensive acreage position".



Trump receives regal welcome in Saudi Arabia

The president and first lady Melania Trump landed at King Khalid International Airport around 9:45 a.m. local time after an overnight flight from Washington on Air Force One. Poll results showed on Saturday that Iranians had emphatically re-elected President Hassan Rouhani, architect of Iran's still-fragile detente with the West.


Asia falls as White House turmoil hits risk sentiment, dollar bruised

Asia falls as White House turmoil hits risk sentiment, dollar bruised

The Japanese yen weakened 0.08 percent versus the greenback at 110.90 per dollar, while Sterling was last trading at $1.3005, up 0.28 percent on the day. More attractively valued European stocks slipped slightly, although the region's brighter economic outlook and better-than-expected corporate profits continue to draw investors.


Hearty thanks to all with postal carriers' food drive

Hearty thanks to all with postal carriers' food drive

Stamp Out Hunger Food Drive is the nation's largest one-day food drive that occurs every year on the second Saturday of May. Thanks to the people of Juneau and Douglas for their overwhelming generosity for another successful Stamp Out Hunger Food Drive that was held on May 13.