For my in-depth analysis of Apollo Investment Corp, read here.
RAM Energy Resources Inc. (RAM) said Halcon Resources LLC, a company led by former Petrohawk Energy Corp. Chief Executive Floyd C. Wilson, agreed to provide a $550 million capital injection, half of which will give it a majority stake in the oil-and-gas explorer. RAM Energy's shares surged 36% to $1.50 premarket. [more]
Nuclear power in the USA is making a comeback. Did you know that the USA is the world's largest producer of nuclear power, accounting for more than 30% of worldwide nuclear generation of electricity! [more]
The unemployment rate fell to 8.6 percent, and 120,000 jobs were added. As has generally been the case for the last two years, the monthly snapshot contained marginally positive — but conflicting — news on the state of the labor market. [more]