PACW: PacWest is Looking for a Buyout Offer After Shares Wash Out 55%
Another regional lender is trying to escape the insolvency path by selling out to a buyer or seeking a fresh…
Enbridge reaches toll agreement with shippers for Mainline system
(Reuters) – Enbridge (NYSE:ENB) Inc, Canada’s largest transporter of crude oil, said on Thursday it has reached a 7-1/2 year toll…
Paramount misses quarterly revenue estimates
(Reuters) – Paramount Global Inc missed first-quarter revenue estimates on Thursday as advertisers cut back on spending in a challenging…
HF Sinclair beats Q1 profit estimates, submits buyout bid for Holly Energy
(Reuters) – U.S. oil refiner HF Sinclair Corp beat first-quarter profit estimates on Thursday, as margins spiked from a year…
White House to meet Microsoft, Google CEOs on AI dangers
(Reuters) – The White House will host CEOs of top artificial intelligence companies, including Alphabet (NASDAQ:GOOGL) Inc’s Google and Microsoft…
TIM debates grid bids as investor Vivendi challenges strategy
(Reuters) – Telecom Italia (BIT:TLIT) (TIM) directors will meet on Thursday to decide their response to multibillion bids for the phone company’s…
Shell posts $10 billion profit, lifted by trading
(Reuters) – Shell (LON:RDSa) on Thursday posted first-quarter net profit of $9.65 billion, topping analysts’ forecasts, as strong earnings from…
Volkswagen revenue jumps on growth in Europe, North America
(Reuters) – Volkswagen (ETR: VOWG_p) posted a 21.5% gain in first-quarter revenue on Thursday, boosted by higher prices and strong…
Barrick not interested in bidding for Teck’s copper assets
(Reuters) -Barrick Gold Corp is not interested in bidding for the copper assets of Teck Resources (NYSE:TECK) Ltd as there are…
Carl Icahn’s investment firm tumbles 18% after Hindenburg attack
(Reuters) – Shares of activist investor Carl Icahn’s investment firm lost nearly a fifth of their value on Wednesday, a…