These Oil Stocks Have Missed the Commodity’s Rally. Here’s Why.
Oil services companies, which provide producers with equipment and services, have underperformed the broader market this year.
Oil services companies, which provide producers with equipment and services, have underperformed the broader market this year.
The excuses being concocted by Australian businesses for not accepting cash are becoming more and more ridiculous.
The woman says she found new signs erected and a 'nasty surprise' on her windscreen after work. But she refused to pay it.
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The move brings CBA in line with NAB, with ANZ now offering the most interest-free days out of the big four banks.
The bank admits customers in regional Australia face 'unique challenges' and want to protect them as much as possible.
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
(Reuters) -Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Shares of Woolworths slipped 0.4%, while those of Endeavour were down 5% in early trade.
The worker refused to come into the office until they were paid.
Americans are being asked to tip on digital screens for everything from a cup of coffee to self-checkout at grocery stores, and many are frustrated with the new tipping culture.
(Bloomberg) -- Bitcoin registered its worst month since the collapse of Sam Bankman-Fried’s FTX empire as the euphoria around US exchange-traded funds for the largest digital asset subsides. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly,
LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript April 30, 2024 LTC Properties, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the LTC Properties Incorporated First Quarter 2024 Earnings Conference Call. At this […]
Exercise equipment company Peloton (NASDAQ:PTON) will be reporting earnings tomorrow morning. Here's what to look for.
Tesla (TSLA) CEO Elon Musk took to Twitter to announce the company's plans to decelerate the expansion of its Supercharger network. According to reports, this strategic shift has prompted Tesla to implement layoffs within the division responsible for the Supercharger infrastructure. Yahoo Finance's Pras Subramanian breaks down the details and provides insights into the company's move to reportedly cut "gigacasting" manufacturing as well. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Copper producer Zambia is on the cusp of moving on from its debt default after a nearly four-year-long process. Does its deal with bondholders mean its economy is back on track, or that it is now out of default? Zambia already has deals with its official lenders - ie other countries - making the deal with those holding its three Eurobonds the last stage.
Exxon Mobil Corp will shut down two offshore oil production projects in Guyana for two weeks each, between July and August, to connect a natural gas pipeline, the company's country head Alistair Routledge told reporters in Georgetown on Tuesday. The 140-mile (225-km) pipeline will feed Guyana's $1.9 billion gas-to-power project aimed at ending the country's dependence on imported fuels and at lowering energy costs for residents. Exxon has said it will halt production to fulfill a commitment made with local authorities to have the pipeline connected by year end, despite delays on the government-run onshore part of the project.
There's a reason why financial experts recommend saving for retirement as soon as possible -- living on a fixed income can be difficult and it's easy to blow through your nest egg. Daily expenses add...
Canadian oil and gas company Cenovus Energy beat first-quarter profit estimates on Wednesday due to higher production and refinery throughput, and executives said the start-up of the Trans Mountain pipeline expansion (TMX) would open up new markets. TMX will nearly triple the flow of oil to Canada's west coast to 890,000 barrels per day, which is expected to transform access to global markets for the country's producers. "Our teams have been working with buyers, there's a pretty vast market out there, which is exciting," Drew Zieglgansberger, chief commercial officer at Cenovus, said on an earnings call, adding the company expected some "bumpiness" in the pipeline's initial operations.
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Macquarie Bank customers only have a few weeks left to access over the counter services.