News

Jadestone Energy Expects Strong Full-Year Output

Jadestone Energy expects strong full-year output with improved rates from Malaysia and Australia fields, and progress on the Akatara project in Indonesia.

Late Innings of Earnings Season and Inflation Data Take Center Stage

As the third-quarter earnings season enters its late innings, eyes are on the upcoming release of October inflation data. Budget wrangling in Congress adds to t...

AMC Faces Stock Fall After Announcing Stock Offering

AMC's shares plummet 14% after announcing a $350 million stock offering, contributing to its worst year ever. Analysts discuss the company's debt and future pla...

Algonquin Power & Utilities Reports Narrowed Loss and Decline in Revenue

Algonquin Power & Utilities experiences a narrower loss but a larger decline in revenue due to weather conditions and interest rates. The company plans to sell...

Plug Power Faces Financial Challenges Amid Supply Shortages

Plug Power grapples with financial strain and supply shortages, seeking government support and exploring financing options to secure its future. Shares have alr...

Treasury Yields Hold at Higher Levels

Treasury yields hold steady at higher levels as Fed warns of inflation. Weak bond auction, upcoming inflation data, and Fed officials' speeches create market un...

Bechtle Reports Revenue and Earnings Increase

Bechtle reports Q3 revenue and earnings increase, but misses consensus estimates. Net profit rises to 66.8 million euros.

Industrial & Commercial Bank of China's U.S. Arm Hit by Ransomware Attack

The U.S. arm of ICBC, the world's largest bank, suffered a ransomware attack causing disruptions in the U.S. Treasury market. ICBC managed to clear trades, but...

Apple Settles Discriminatory Hiring Practices Allegations

Apple settles allegations of discriminatory hiring practices and agrees to pay $25 million to address the issue. The settlement puts an end to a lengthy investi...

TransDigm Group Acquires Electronic Device Business

TransDigm Group (TDG) saw a 9.2% surge in stock value and reached a record-breaking high after acquiring an electronic device business and impressing investors...