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Rosneft and BP cut production, exploration and refining deals

22 Jun 2015 @ 08:11
What are the detials? Rosneft and BP today have signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum. Rosneft and BP signed final binding agreements for Rosneft’s sale to BP of a 20 per cent share of Taas-Yuryakh Neftegazodobycha (Taas), creating a new joint […]
 

Willis Lease and Southwest Airlines cut deal

19 Jun 2015 @ 08:27
Will the shares go up and up as well? Willis Lease Finance Corporation (Nasdaq:WLFC), the premier independent jet engine lessor in the commercial finance sector, announced it will be providing spare engines to support the Southwest Airlines (NYSE:LUV) fleet of Boeing 737NG aircraft over the next five years. “With almost 700 aircraft in the Southwest […]
 

McDonald's Not as American as Apple Pie

19 Jun 2015 @ 03:04
Nothing in the food industry has ever been as American as McDonald’s (NYSE:MCD), but the company has been losing its grip on the restaurant sector or its appeal to American customers for several years. MCD’s share price has been in decline since 19 May. It’s current share price is 96.32, up 1.16 in intraday trading, […]
 

CVS Set to Acquire Target In-store Pharmacies

17 Jun 2015 @ 07:01
The share price of CVS Health Corporation (NYSE:CVS) was up by 0.53% to $103.12 today, one day after it announced that it was entering into a deal to acquire Target Corporations’ in-store clinic and pharmacy operations. Target shares (NYSE:TGT) were trading up by 0.65% today at $80.97. Target shares were off slightly after the announcement […]
 

BP report ‘Tectonic’ shifts in global energy production and consumption

11 Jun 2015 @ 03:54
Growth of global primary energy consumption decelerated markedly in 2014 The 2015 edition of the BP Statistical Review of World Energy, launched today, highlights how significant changes in global energy production and consumption have had profound implications for prices, for the global fuel mix, and for global carbon dioxide emissions. The 64th annual edition of […]
 

GE Sells Private Equity Business

10 Jun 2015 @ 01:33
General Electric’s share price (NYSE:GE) is bouncing up and down this morning as investors are reacting to the not-so-surprising news that the company is taking the steps it has indicated it would to divest itself of its private equity business.  The company confirmed this morning that it will sell its sponsor finance business and a […]
 

MaxLinear revises guidance following Entropic acquisition

09 Jun 2015 @ 07:37
MaxLinear provides revised second quarter 2015 guidance, which includes May and June post-acquisition contribution from Entropic Communications – Revenues to be in the Range of $68 Million to $72 Million in the Second Quarter of 2015, and $175 Million to $185 Million in the Second Half of 2015 MaxLinear, Inc. (NYSE:MXL), a provider of integrated, […]
 

2015 Fortune 500 List Reveaed

06 Jun 2015 @ 01:29
The biggest news today will probably come from Vienna where the OPEC oil ministers are gathered to determine how they are going to try to continue to manage the business through which the consortium has pretty much controlled the oil industry since 1960. Nonetheless observers are still buzzing over the newly-published list of Fortune 500 […]
 

Breaking News at Walmart

06 Jun 2015 @ 00:02
Rob Walton has resigned as Chairman of Walmart, the business his father founded in 1962. 70-year-old Samuel Robson Walton has been chairman of Walmart since 1992. He will remain on the board of directors. The announcement comes one day after Walmart topped the list of Fortune 500 companies for the eleventh time and the third […]
 

Oil and gas majors call for carbon pricing

02 Jun 2015 @ 06:01
What are they arguing? Major oil and gas companies, BG Group plc, BP plc, Eni S.p.A., Royal Dutch Shell plc, Statoil ASA and Total SA, today announced their call to governments around the world and to the United Nations Framework Convention on Climate Change (UNFCCC) to introduce carbon pricing systems and create clear, stable, ambitious […]
 
 
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