Oil fell on Monday as concern over the economic impact of the U.S. Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data outweighed support from new OPEC+ supply […]
Author: Consultant
Subway comes up with $5-billion debt plan to clinch $10-billion+ sale: sources
The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a US$5-billion acquisition financing plan, hoping to overcome a challenging environment […]
U.S. regulators seize First Republic Bank, sell to JPMorgan Chase
The Federal Deposit Insurance Corp. says JPMorgan Chase Bank JPM-N +0.87%increase will take over all deposits and most of the assets of troubled First Republic Bank.The FDIC said early Monday that California regulators […]
Calendar: May 1 – May 5
Monday May 1China and Japan manufacturing PMI(10 a.m. ET) U.S. ISM manufacturing PMI for April.(10 a.m. ET) U.S. construction spending for March. The Street is estimating a month-over-month increase of […]
Nutrien Cautions Investors Regarding TRC Capital’s Below Market “Mini-Tender” Offer
Apr 17, 4:00PM CDTPartnership ContentNutrien Ltd. (TSXandNYSE:NTR) has received notice of an unsolicited “mini-tender” offer made by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to 1,000,000 Nutrien shares, […]
Suncor Energy To Acquire TotalEnergies’ Canadian Operations For $5.5 Billion, Plus Additional Potential Payments Up To An Aggregate Maximum Of $600 Million
All financial figures are in Canadian dollars, unless noted otherwiseTransaction includes the remaining 31.23% working interest in Fort Hills and 50% working interest in Surmont Adds 135,000 barrels per day […]
Imperial Oil Reports Q1 Profit Up From Year Ago, Raises Quarterly Dividend
Imperial Oil Ltd. is raising its quarterly dividend as it reported it earned $1.25 billion in its first quarter, up from $1.17 billion in the same quarter a year earlier.The […]
Oil Futures Settle Sharply Higher
Published: 4/28/2023 3:17 PM ETCrude oil prices rose sharply on Friday as traders weighed crude supply and near-term energy demand prospects.Data from the Energy Information Administration showed crude production in the […]