Yahoo Finance Up 20% to 100%, Can These 3 Oil Stocks Keep Beating the Market In the Second Half of 2022?
Oil stocks have been one of the few bright spots in what has been a bleak year for the overall stock market.
Oil stocks have been one of the few bright spots in what has been a bleak year for the overall stock market.
"Ancora's proposed strategy for Norfolk Southern is "not fit for purpose" and the election of Ancora's proposed directors will derail the safety and service improvements that are currently underway at Norfolk Southern," the American Federation of Labor and Congress of Industrial Organizations said in a letter. Ancora, in February, proposed the replacement of Norfolk Southern's top management, including its CEO, and nominated eight directors to the railroad operator's board in response to the company's negligence leading to a 2023 train derailment in East Palestine, Ohio.
The king of clay is back.
Billy Slater and wife Nicole have helped mentor Ryan Papenhuyzen. Read more here.
Milwaukee Brewers outfielder Christian Yelich has gone on the 10-day injured list with a lower back strain. Yelich's last appearance came in an 11-1 victory over the Baltimore Orioles on Friday. Milwaukee recalled utilityman Owen Miller from Triple-A Nashville to fill Yelich’s spot on the roster.
Investors in Asia hoping for some relief from surging U.S. bond yields and a rampant dollar would have been deflated by remarks on Tuesday from Federal Reserve Chair Jerome Powell, and will likely go into Wednesday's trading with their guard up. "The recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said in Washington, a signal to the world that inflation is not coming down towards the central bank's 2% target as quickly as expected and so interest rates will have to stay higher for longer. 'Higher for longer' would also seem to apply to the U.S. dollar, Treasury bond yields and financial conditions indexes - a sub-optimal mix for Asian assets, which are already feeling the heat.
Canada will provide up to C$5 billion ($3.6 billion) in loan guarantees to help Indigenous groups invest in natural resource projects, the Liberal government said in its annual budget on Tuesday. The program could give the groups major investment opportunities, from the government-owned Trans Mountain oil pipeline to TC Energy's Coastal GasLink pipeline, power lines and wind and solar projects. "That's going to be an absolute game-changer for Indigenous companies and communities that are trying to get involved in the renewable electricity sector," said Fernando Melo, federal director of the Canadian Renewable Energy Association.
CHICAGO, April 16, 2024--Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on July 1, 2024, to holders of record at 5:00 p.m., Chicago time, on June 7, 2024.
SASKATOON, Saskatchewan, April 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces that it has issued shares pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG can acquire a 100% interest of the WWCC Property, located 40 kilometres east of Timmins, Ontario (see news release: “GFG Finalizes WWCC Property Acquisition East of the Prolific Timmins Gold
Investors in Asia hoping for some relief from surging U.S. bond yields and a rampant dollar would have been deflated by remarks on Tuesday from Federal Reserve Chair Jerome Powell, and will likely go into Wednesday's trading with their guard up. "The recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said in Washington, a signal to the world that inflation is not coming down towards the central bank's 2% target as quickly as expected and so interest rates will have to stay higher for longer. 'Higher for longer' would also seem to apply to the U.S. dollar, Treasury bond yields and financial conditions indexes - a sub-optimal mix for Asian assets, which are already feeling the heat.
Tesla (TSLA) CEO Elon Musk has turned his attention to the latest endeavor for the EV company: robotaxis. After the heavy criticisms lobbed toward Tesla's own full self-driving features and other automakers' robotaxi fleets is this the right move for the electric vehicle innovator? Edge Case Research CEO Michael Wagner — whose risk management specializes in autonomous driving adoption — explains that the technology is "not yet good enough to operate everywhere" based on many variables and is curious to see how Tesla has its self-driving data "calibrated" to account for safety. "What I would really love to see in that kind of an event is what's called a safety case, which is a structured argument for why the technology is ready to go out on the road. We have standards that are written like UL 4600 that they could use to be able to argue that very effectively to the public and to regulators," Wagner says to Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
Here's what to expect at the event on the first Monday in May.
Second day of jury selection in New York criminal case sees former president hear how some New Yorkers feel about him as attorneys question prospective jurors
Mexico's Grupo Financiero Banorte reported on Tuesday a 9% increase in first-quarter net profit from the year-ago period, citing growth in its loan book. Net profit for the quarter hit 14.21 billion pesos ($859.48 million). Net interest income, the difference between what banks earn on loans and dole out in deposits, grew 10% year-over-year on the larger loan book, which also benefited from higher interest rates.
REYKJAVIK, Iceland & PARSIPPANY, N.J., April 16, 2024--Alvotech (NASDAQ: ALVO) and Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA), today announced that the U.S. Food and Drug Administration (FDA) has approved SELARSDI (ustekinumab-aekn) injection for subcutaneous use, as a biosimilar to Stelara, for the treatment of moderate to severe plaque psoriasis and for active psoriatic arthritis in adults and pediatric patients 6 years and older. Under
The former president heard firsthand from prospective jurors who could deliver a criminal verdict against him
Photo Illustration by Thomas Levinson/The Daily Beast/Getty/ReutersAs the first-ever criminal prosecution of a former president has finally gotten underway, the big question remains: “Will he or won’t he?” Will Donald Trump testify, that is.His legal defense team may have little choice but to let its client put his right hand on the Bible and swear to tell the truth, the whole truth, and nothing but the truth. But his truth might not exactly set him free.Trump’s serial incorrigibility, hair-trig
Curtis Means-Pool/Getty ImagesIt’s the eye-roll inducing excuse every judge has heard: I simply can’t be fair. Except with Donald Trump, it might be true.The first day of Trump’s criminal trial in Manhattan ran straight into that near-impossible challenge: finding a group of New Yorkers who could give a tabloid target and one of the most controversial presidents in recent history a fair hearing.Of the 96 potential jurors brought into the courtroom Monday afternoon for screening, around half were
Melanie Fidler/NBAE via Getty ImagesCaitlin Clark is making how much?!On Monday, Clark was selected No. 1 overall in Monday’s WNBA draft by the Indiana Fever, a celebratory moment for the star which has now been punctuated by the proclamation of a pitiful paycheck.Clark will be paid a base salary of $338,056 over the next four years, a number which is easily dwarfed by even the one year salaries of her male counterparts.Victor Wembanyama, the No.1 draft pick in the NBA was set to make $55 millio
Ottawa, ON, April 16, 2024 (GLOBE NEWSWIRE) -- The Métis National Council (MNC) is pleased to see Budget 2024 include important investments in the Métis Nation. While investments in economic development through the recapitalization of the Métis Capital Corporations (MCCs) begin to address the Métis Nation’s needs in this area, there remain critical gaps in distinctions-based funding in areas such as health and emergency management. The announcement of investment into the re-capitalization of Mét
Barcelona’s exit from the Champions League on Tuesday sent Atletico Madrid to the inaugural 32-team Club World Cup in the United States next year. Europe will have 12 teams at the lucrative monthlong tournament — title winners of the Champions League in the four seasons through this one plus high-ranked teams based on overall results in the competition in this period. Barcelona began play Tuesday trailing Atletico in the rankings to take the second Club World Cup entry from Spain and lost 4-1 to Paris Saint-Germain in the home leg of their quarterfinals.