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Citigroup profit beats estimates on gains in consumer lending

1 week ago DieselGasoil Comments Off on Citigroup profit beats estimates on gains in consumer lending
(Reuters) – Citigroup Inc (C.N) beat analysts’ estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business. A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Read More

New Zealand holds first gun buyback event since Christchurch shootings

1 week ago DieselGasoil Comments Off on New Zealand holds first gun buyback event since Christchurch shootings
By Sharon Marris, news reporter New Zealand has held its first gun buyback session following the tightening of gun laws earlier this year. The changes followed the killings of 51 people at two mosques in the South Island city of Christchurch in March. Just a few days after that attack, New Zealand’s prime minister Jacinda Read More

SEC defends pace of Volkswagen suit after emissions scandal

2 weeks ago DieselGasoil Comments Off on SEC defends pace of Volkswagen suit after emissions scandal
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday defended the pace of its investigation into Volkswagen AG (VOWG_p.DE) after a judge had asked why the agency waited two years after a global scandal related to vehicle emissions to sue the automaker. FILE PHOTO: The logo of Volkswagen is seen in front Read More

U.S. SEC defends pace of Volkswagen suit after emissions scandal

2 weeks ago DieselGasoil Comments Off on U.S. SEC defends pace of Volkswagen suit after emissions scandal
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday defended the pace of its investigation into Volkswagen AG (VOWG_p.DE) after a judge had asked why the agency waited two years after a global scandal related to vehicle emissions to sue the automaker. FILE PHOTO: The logo of Volkswagen is seen in front Read More

Nomura shareholders vote to keep embattled CEO

4 weeks ago DieselGasoil Comments Off on Nomura shareholders vote to keep embattled CEO
FILE PHOTO: Nomura Holdings’ Chief Executive Officer Koji Nagai attends an interview with Reuters in Tokyo, Japan, February 9, 2016. REUTERS/Yuya Shino TOKYO (Reuters) – Japan’s Nomura Holdings Inc won shareholder approval on Monday for the re-appointment of its chief executive officer, overcoming concerns about the leaking of market information and its first annual loss Read More

VAALCO Energy, Inc. Announces Stock Repurchase Program

1 month ago DieselGasoil Comments Off on VAALCO Energy, Inc. Announces Stock Repurchase Program
HOUSTON, June 20, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced that its Board of Directors has authorized a stock repurchase program under which the Company can repurchase up to $10 million of the currently outstanding shares of the Company’s common stock, over a period of 12 months through open market purchases, Read More

Adidas shares slide as traders say top investor GBL to cut stake

1 month ago DieselGasoil Comments Off on Adidas shares slide as traders say top investor GBL to cut stake
(Reuters) – Adidas shares fell 3% on Wednesday on news that one of the German sportswear company’s top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion of its near 4 billion euro ($4.5 billion) stake, three traders said. Boxes of Adidas shoes are pictured in the warehouse of local footwear retailer “Pomp Read More

Wall Street rises on Mexico relief, M&A cheer

1 month ago DieselGasoil Comments Off on Wall Street rises on Mexico relief, M&A cheer
(Reuters) – U.S. stocks were higher on Monday after the United States dropped plans to impose tariffs on Mexican goods, with a couple of multi-billion dollar deals adding to the upbeat mood. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 3, 2019. REUTERS/Brendan McDermid Read More

Wall Street rallies on Mexico relief, M&A cheer

1 month ago DieselGasoil Comments Off on Wall Street rallies on Mexico relief, M&A cheer
(Reuters) – Wall Street’s main indexes gained on Monday, after the United States abandoned its plans to impose tariffs on Mexican goods, while a multi-billion dollar deal in the industrial space added to the upbeat sentiment. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June Read More