Wednesday, August 27, 2014

Market News In 2 Minutes @ 27th August 2014

Market News in 2 minutes
As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.

Hence, I started this "Market News In 2 Minutes" series.

Following are the "Market News In 2 Minutes" for today :
1. QT Vascular (5I0) - Announced that the Japanese patent office issued its wholly owned US subsidiary, TriReme Medical LLC, a Japanese patent number 5580886 for its proprietary balloon technology relating to side branch balloon. Significant elements of this technology are used in the group’s Glider PTCA balloon catheter. For the complete details of the report, click here. (source : The Edge)

2. Taiwan’s China Development Financial Holding Corp said on Monday its brokerage unit is buying Singapore’s AmFraser Securities, a move that the Taiwan financial group said will broaden its overseas business. (source : The Edge)

3. Otto Marine (G4F) - The offshore marine company which owns and operates offshore support vessels, announced that the group has secured time charter contracts with two Oil Majors for its Deep Water Anchor Handlers, GO Sirius and GO Spica, worth A$57 million ($66.2 million). (source : The Edge)


  1. Hi Richard,

    Seems like Otto Marine starts sailing again.


    1. Hi Rolf, I believed so, as it is related to your industry, I guess you will know better ;-p

  2. I think they are nearer to become profitable again. But still not attractive for me in view of the competition and its high batam shipyard overheads without newbuild order.

    1. OIC! Do share those you think have potential in your industry then ;-)


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