56% of Trinidad shares tendered in Ensign Energy's hostile bid

Source: Dukascopy Bank SA
Ensign Energy Services, the Canadian oilfield services provider, stated on Tuesday it tender had received 56% of Trinidad Drilling's shares in its hostile bid, making the rival Precision Drilling to walk away from the deal.
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Wed, 28 Nov 2018 16:18:08 GMT

Biotech firm Moderna sees raising up to $521.7M in IPO

On Wednesday, biotech firm Moderna stated it was hoping to attract up to $521.7M in the listing on the Nasdaq Stock Exchange, bringing the company's value to around $7.8B.

Wed, 28 Nov 2018 14:37:23 GMT

Detroit automakers keep cutting car output in North America

The Detroit Three automakers, Ford Motor, Fiat Chrysler Automobiles and General Motors, continue to narrow their car production in North America amid plunging demand for classical sedans.

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