Market Sectors

Earnings: Trans-globe production Improves $TGA

TransGlobe Energy Corporation., updates its Mid-second quarter results of FY-2015. Currently production is 15,000 bopd which is 9% above the guidance. Collected $43.5 mm year-to-date in outstanding receivables from EGPC. Quarterly Dividend approved at $0.05 per share. Repurchased 2,134,001 common shares to June 19th under NCIB. View the full earnings release here.

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News: Qualcomm JV with SMIC for Nano Chips $QCOM

US Technology Giant Qualcomm Inc., came to an agreement with SMIC Semiconductor Manufacturing International Corporation SMIC, Huawei and Belgian firm Imec to create a Joint venture for advanced 14-nanometer chips. The JV will also help SMIC China to boost its Internationally technology, the firms also pays $975 million fine for the above JV. View the full

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