Yahoo Finance Energy Space: Analyzing the Fall in the Brent-WTI Spread
Any expansion in the Brent-WTI spread could benefit US refineries and cause their input costs to fall. US refiners’ output prices are benchmarked to stronger Brent prices.
Any expansion in the Brent-WTI spread could benefit US refineries and cause their input costs to fall. US refiners’ output prices are benchmarked to stronger Brent prices.
More than 100 people are injured, according to officials, as torrents of water sweep through entire villages.
NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, May 10, 2024 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX:AD.UN) is pleased to announce the results of voting on the election of trustees at its annual general meeting of unitholders held on May 10, 2024. Each nominee trustee recommended by management and listed in the Trust's information circula
CRH issued solid earnings and guidance Friday, underpinned by infrastructure spending in North America. CRH stock jumped nearer to a buy point as construction stocks act well at large. Top mutual fund Fidelity Contrafund significantly raised its bet on CRH ahead of its earnings report, MarketSurge data shows.
The prime minister says "there is more work to do" as the UK emerges from recession.
Royalty Pharma plc (NASDAQ:RPRX) Q1 2024 Earnings Call Transcript May 9, 2024 Royalty Pharma plc misses on earnings expectations. Reported EPS is $0.008 EPS, expectations were $0.96. RPRX isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, thank […]
STORY: :: Grunheide, GermanyProtesters in Germany tried to storm a Tesla plant near Berlin on Friday.The demonstrators are opposed to the expansion of the U.S. electric vehicle maker’s facility there.Some tried to get at the plant from a nearby wooded area, with police trying to stop them - at times, with force.About 800 people took part, according to the organizing group, called Disrupt Tesla.It says expansion of the plant would damage the environment, not only in Germany, but also in countries such as Argentina or Bolivia, where lithium is mined as a key resource for EV batteries.“We are here to draw attention to the Tesla factory in Grunheide,” said spokesperson Ole Becker.He says the group also wants to see free public transportation and to shift the focus away from cars in general.Police say protesters did not actually make it inside the plant premises. Several people were taken into custody and police received a few reports of injuries.Tesla CEO Elon Musk appeared unimpressed, writing on social media, “Why do the police let the left-wing protestors off so easily?" Police spokesperson Mario Heinemann said police protect freedom of assembly but intervene when necessary.The plant has been the focus of environmental protests since it was launched by Musk two years ago.:: March 5, 2024In March, a suspected arson attack nearby left it without power, halting work there.
Reddit started trading on the New York Stock Exchange to much fanfare on March 21. The company priced its IPO (initial public offering) at $34, according to a statement at the time. Yet, some experts,...
Dropbox, Inc. (NASDAQ:DBX) Q1 2024 Earnings Call Transcript May 9, 2024 Dropbox, 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 thank you for standing by. Welcome to the Q1 2024 Dropboxs’ Earnings Conference Call. [Operator Instructions]. […]
The traveler said she had to get the incident "off my chest” in a retelling shared to Reddit
The betting public is throwing money on Caitlin Clark and the Indiana Fever as the WNBA prepares to open one of the more-anticipated seasons in league history. A Fever championship would have bookmakers sweating. Indiana is second in money wagered at 29%, behind the two-time defending champion Las Vegas Aces at 41.5%, also a popular public team that additionally draws action from many professional bettors.
Investors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
The dollar inched higher on Friday following a reading on U.S. consumer sentiment as investors sorted through a batch of comments from Federal Reserve officials, with the focus beginning to turn toward key inflation readings next week. The greenback pared declines and turned modestly higher after the University of Michigan's preliminary reading on consumer sentiment came in at 67.4 for May, a six-month low and below the 76.0 estimate of economists polled by Reuters. The dollar had weakened on Thursday after a higher than expected reading on initial jobless claims fueled expectations the labor market was loosening, adding to other recent data that indicated the overall economy was slowing.
Warby Parker Inc. (NYSE:WRBY) Q1 2024 Earnings Call Transcript May 9, 2024 Warby Parker Inc. misses on earnings expectations. Reported EPS is $-0.02249 EPS, expectations were $0.07. WRBY isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to […]
The Annual General Meeting approved the merger between the two companies, expected to conclude in the fourth quarter of 2024. The merger will create a company that generates significant advantages in areas favoured by the growth of both energies. MEXICO CITY, May 10, 2024 (GLOBE NEWSWIRE) -- Shareholders of Vitesco Technologies, a leader in electrification solutions for sustainable mobility, approved the conditions of the merger of Vitesco Technologies Group AG with the German company Schaeffler
According to a report from Aflac, 89% of US workers feel "high levels of stress" at work. As inflation concerns continue and recent data from the April jobs report shows the yearly increase of wages was only 3.9%, the lowest since June 2021, Americans are feeling massive pressure. Aflac Chief Human Resources Officer Jeri Hawthorne sits down with Brad Smith on Wealth! to give insight into employee burnout and addressing the importance of mental health in the workplace. Hawthorne explains an interesting finding from the survey: "One of the things that we found was that more than half of the people that we surveyed, from the Aflac Workforces Report, said that they couldn't go one month without a paycheck. So when you look at inflation, when you look at the continuing rise of the price of services and goods, and you have people who can't go one month without a paycheck, that says to me that financial impacts and financial wellness are probably one of the biggest drivers of anxiety and concern for employees." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
Viatris Inc. (NASDAQ:VTRS) Q1 2024 Earnings Call Transcript May 9, 2024 Viatris Inc. misses on earnings expectations. Reported EPS is $0.09417 EPS, expectations were $0.68. VTRS 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 morning and welcome to Viatris […]
STORY: From a key reading of U.S. inflation to a possible interest rate cut in the UK these are the stories to watch in business and finance in the coming week.:: U.S. inflationU.S. inflation data due out May 15 is set to show consumer prices cooled last month after three straight months of hotter-than-expected readings.Economists polled by Reuters expect the consumer price index to have gained 0.3% in April.But any more evidence of sticky inflation could dash hopes of interest-rate cuts in the near future and reignite market volatility. :: Japan's economyFirst-quarter growth figures out Thursday will reveal whether the Japanese economy began 2024 on strong footing.But the BOJ's preference to keep monetary policy accommodative for now is unlikely to take the pressure off the yen, as interest rates elsewhere remain at multi-decade highs, squeezing households further as import costs rise.:: China's property sectorApril home price data on May 17 will be the next barometer of health for China's beleaguered property sector.The release comes alongside China's retail sales and urban unemployment rate figures due the same day and on the heels of disappointing May Day spending data.:: UK labor marketsThe Bank of England is expected to cut interest rates this year as inflation has eased, but it remains on alert for pay rises refueling price pressures ahead of fresh labor market data due on May 14.Traders see a good chance rates will fall in June. But the central bank might need more time and data to be sure that Britain has escaped a wage and price spiral.
SAN FRANCISCO, May 10, 2024--Ossium Health launched the HOPE Program, which further expands patient access to Ossium’s bone marrow bank.
Cerence Inc. (NASDAQ:CRNC) Q2 2024 Earnings Call Transcript May 9, 2024 Cerence Inc. misses on earnings expectations. Reported EPS is $-6.66226 EPS, expectations were $-0.23. CRNC isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by. My […]
Andrew Lichtenstein/Corbis via Getty ImagesIndependent presidential candidate Robert F. Kennedy, Jr., responded to a Daily Beast story on Friday by comparing his decision to offer his kids fake vaccine cards to the civil disobedience practiced by Martin Luther King, Jr.“Federal law clearly prohibits the government or private companies from using coercion to compel the use of experimental medical products,” Kennedy said in a post on X, quoting a post from this Daily Beast reporter that included v