What Has Deteriorated Oil’s Prospects?
On July 16, US crude oil August futures fell 4.2% and settled at $68.06 per barrel—their lowest closing level since June 21.
On July 16, US crude oil August futures fell 4.2% and settled at $68.06 per barrel—their lowest closing level since June 21.
Following the Aerojet buyout in 2023, L3Harris suspended its merger and acquisition activity for the "foreseeable future" in efforts to strengthen its balance sheet. L3Harris also launched a review of its operational performance, cost structure and portfolio composition, which is expected to be completed by this year. Earlier this week, Reuters reported that L3Harris would cut 5% of its workforce this year as part of a cost saving measure, citing an email to employees.
The Phoenix Suns and their so-called Big Three return home to the desert in a big pickle. Kevin Durant, Devin Booker, Bradley Beal and the Suns are in a 2-0 hole heading into Friday's Game 3 of their Western Conference first-round playoff series against the Minnesota Timberwolves, who looked mostly dominant in a pair of double-digit wins in the first two games. There are two more Game 3s on Friday, including Bucks at Pacers and Clippers at Mavericks.
Alphabet (GOOGL, GOOG) declares a cash dividend of $0.20 per share to investors while reporting a first-quarter earnings beat; the Google parent company topped expectations on the top and bottom lines, posting adjusted earnings of $1.89 per share (against estimates of $1.53) and $67.59 billion (against estimates of $66.07 billion). And Alphabet's stock is overjoyed, surging as high as 13% in Thursday's after-hours trading session. Yahoo Finance Markets Reporter Josh Schafer joins Julie Hyman and Jared Blikre on Market Domination Overtime to break down the tech giant's quarterly results, comparing and contrasting Alphabet's earnings performance to that of Big Tech peers such as Meta Platforms (META). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
LOUISVILLE, Ky., April 25, 2024--Fifty million Americans don’t take their prescribed medication because they can’t afford it, often making the impossible choice between medications and food, housing, gas, or other necessities. At the same time, up to $11 billion worth of surplus medication goes to waste every year.
KANSAS CITY, Mo., April 25, 2024 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) will report fiscal 2024 third quarter results on Thursday, May 9, 2024, after the New York Stock Exchange market close. At that time, a copy of the press release and presentation will be available on the company's investor relations website at https://investors.hrblock.com/. A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Thursday, May 9, 2024. Duri
HOUSTON, April 25, 2024--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
Google’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence. The results for the first three months of the year provided the latest evidence that Google has regained its momentum after an unprecedented downturn in 2022 coming out of the pandemic. In the January-March period, Alphabet’s revenue rose 15% from the same time last year to $80.54 billion, which surpassed the projections of analysts surveyed by FactSet Research.
Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and Gross Margin GuidanceWEST ORANGE, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the first quarter of 2024. First Quarter 2024 Highlights •Net sales of $128.1 million compared to $172.3 million in Q1-23•Gross profit margin of 37.5%, up from 31.1% in Q1-23•Net earnings of $15.9 million versus $14.6 million in Q1-23•Adjusted EB
FEATURE Tesla stock surged again on Thursday, bringing the two-day gain to more than $28 a share, up 17.4%. Shares closed at $170.18, up 5%, while the and fell 0.5% and 0.6%, respectively. First quarter earnings are still at work.
CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual Meeting of Shareholders (“the Meeting”) on April 25, 2024. The total number of common shares represented by shareholders at the Meeting and by proxy was 194,587,285, representing 63.21 per cent of the Company’s outstanding common shares. The following resolutions were considered by shareholders: Election of Directors The twelve director nominees proposed
More than 90 protesters were arrested after police clashed with protesters during the demonstrations on the Californian campus on Wednesday
Noah Presgrove had just graduated high school and planned to join the military when he died in September 2023
Sixty-one percent of American adults say they own stock, according to a 2023 Gallup poll. That's the highest percentage since the 2008 recession. With more than half of American adults investing, and...
10 Barrel Brewing Wins Innovation in Craft Brewing Award and Sweeps German-Style Sour Ale Category with Gold, Silver, and Bronze Medals Green Flash Brewing Wins Bronze in Juicy or Hazy Pale Ale Category NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (Nasdaq | TSX: TLRY), a leader in the craft beer and cannabis-lifestyle industries, celebrates high honors and awards at the 2024 Craft Brewer’s Conference and World Beer Cup. 10 Barrel Brewing won four craft beer awards and 10 Barr
CINCINNATI, April 25, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended March 31, 2024 and affirmed full year 2024 earnings guidance. For the three months ended March 31, 2024, net income attributable to stockholders was $17.7 million, or $0.14 per diluted share. Highlights for the
In this article, we will be navigating through the 25 states that have trouble with student loan payments. If you wish to skip our detailed analysis, you can move directly to the 5 States That Have Trouble with Student Loan Payments. The US Student Loan Scenario As reported by the Federal Reserve, the US outstanding […]
New 50 EH/s Target Represents Approximately 100% Growth in Hash Rate during Fiscal Year 2024 Fort Lauderdale, FL, April 25, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced that the Company is increasing its hash rate target for fiscal year 2024 from 35-37 EH/s to 50 EH/s. Marathon began 2024 with approximately 2
Resort-style new home community in prime Castle Rock location offers eight luxury designs on oversized home sites Toll Brothers at Crystal Valley Toll Brothers at Crystal Valley is a resort-style community now open in Castle Rock, Colorado. Toll Brothers at Crystal Valley “This neighborhood truly exemplifies the Toll Brothers luxury brand that we’re known for,” said Reggie Carveth, Division President of Toll Brothers in Colorado. DENVER , April 25, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (N
OLDWICK, N.J., April 25, 2024--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "aa+" (Superior) of Berkshire Hathaway Life Insurance Company of Nebraska (BHLN) (Omaha, NE). In addition, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of "aa-" (Superior) of First Berkshire Hathaway Life Insurance Company (First Berkshire Hathaway Life) (New York, NY). The outlook of these Credit Ratings (ratin
CEO Rich Handler said the boat will be a “gift to myself and my family” and that he doesn’t plan to sell any more shares.