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General Electric insurance called ‘risky’ by Fitch; shares fall again

2 hours ago DieselGasoil Comments Off on General Electric insurance called ‘risky’ by Fitch; shares fall again
NEW YORK (Reuters) – General Electric Co (GE.N) ranks among the riskiest backers of long-term care insurance, suffering from both high exposure to claims and a relatively small cash pile to pay them, Fitch Ratings said in a report on Tuesday that sent GE’s shares tumbling. FILE PHOTO: The General Electric Co. logo is seen Read More

Kohl’s profit beat lifts shares as partnerships pay off

9 hours ago DieselGasoil Comments Off on Kohl’s profit beat lifts shares as partnerships pay off
(Reuters) – Department store operator Kohl’s Corp (KSS.N) reported better-than-expected quarterly profit on Tuesday and said it expected to benefit from new partnerships and the expansion of its Amazon returns program in the second half of the year. FILE PHOTO: A sign marks a Kohl’s store in Medford, Massachusetts, U.S., February 21, 2017. REUTERS/Brian Snyder Read More

Saturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation

1 day ago DieselGasoil Comments Off on Saturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation
CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSXV: SOIL) (FSE: SMK) is pleased to confirm the commencement of its second half 2019 drilling program, an option grant and that an updated corporate presentation has been posted to its website. Second Half 2019 Drilling Program The Read More

Wall Street higher on strong retail sales data

5 days ago DieselGasoil Comments Off on Wall Street higher on strong retail sales data
(Reuters) – U.S. stocks tried to bounce back on Thursday from a steep selloff a day earlier, as strong retails sales data and upbeat Walmart earnings eased concerns of a recession, but mixed signals on trade and Cisco’s dismal forecast capped gains. Recession fears have gripped the market after the U.S. Treasury yield curve inverted Read More

J.C. Penney shares surge as loss halves, sales still falling

5 days ago DieselGasoil Comments Off on J.C. Penney shares surge as loss halves, sales still falling
(Reuters) – J.C. Penney Co Inc (JCP.N) posted a smaller-than-expected quarterly loss on Thursday, as the struggling department store operator’s efforts to cut costs and shutter unprofitable businesses paid off, sending its shares up 12%. FILE PHOTO: Levi’s men clothing is pictured inside a JC Penney store in Oceanside, California, U.S., July 31, 2019. REUTERS/Mike Read More

Wall Street rises after strong retail sales data, Walmart earnings

5 days ago DieselGasoil Comments Off on Wall Street rises after strong retail sales data, Walmart earnings
(Reuters) – U.S. stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy slipping into recession, but a slump in shares of network gear maker Cisco limited gains. FILE PHOTO: A screen shows the numbers after the closing bell at the New Read More

Futures rise in choppy trading, Walmart up on upbeat earnings

5 days ago DieselGasoil Comments Off on Futures rise in choppy trading, Walmart up on upbeat earnings
(Reuters) – U.S. stock index futures turned positive in volatile trading on Thursday, as investors digested conflicting reports on U.S.-China trade dispute, while a jump in retail giant Walmart’s shares helped dispel early gloom. FILE PHOTO: A screen shows the numbers after the closing bell at the New York Stock Exchange (NYSE) in New York, Read More

Walmart’s earnings beat allays worry over tariff impact for now

5 days ago DieselGasoil Comments Off on Walmart’s earnings beat allays worry over tariff impact for now
WASHINGTON (Reuters) – U.S. retailer Walmart Inc (WMT.N) reported an estimate-beating jump in second-quarter U.S. comparable sales on Thursday as shoppers spent more at its stores and websites, sending its shares up 5% in premarket trading. FILE PHOTO: Walmart signs are displayed inside a Walmart store in Mexico City, Mexico, March 28, 2019. REUTERS/Edgard Garrido/File Read More

Walmart raises earnings forecast for year after jump in quarterly sales

5 days ago DieselGasoil Comments Off on Walmart raises earnings forecast for year after jump in quarterly sales
FILE PHOTO: Walmart signs are displayed inside a Walmart store in Mexico City, Mexico, March 28, 2019. REUTERS/Edgard Garrido/File Photo WASHINGTON (Reuters) – U.S. retailer Walmart Inc (WMT.N) on Thursday reported an estimate-beating jump in second-quarter U.S. comparable sales, and boosted its earnings forecast for the year. Sales at U.S. stores open at least a Read More

Just Energy Reports Fiscal First Quarter 2020 Results

6 days ago DieselGasoil Comments Off on Just Energy Reports Fiscal First Quarter 2020 Results
Previously Announced Strategic Review ProgressingBase EBITDA from Continuing Operations of $24.2 MillionBusiness Remains Strong with Embedded Gross Margin of $2.1 BillionCommon Share Dividend Suspended as part of Strategic ReviewWalter M. Higgins III has been appointed to the Board of Directors TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” Read More