newszine

Guggenheim’s Minerd says aggressive Fed moves can delay recession, but not avoid it

2 hours ago DieselGasoil Comments Off on Guggenheim’s Minerd says aggressive Fed moves can delay recession, but not avoid it
FILE PHOTO: Scott Minerd, Chairman of Guggenheim Investments and Global Chief Investment Officer, speaks during the Reuters Global Investment 2019 Outlook Summit, in New York, U.S., November 12, 2018. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Guggenheim Partners global chief investment officer Scott Minerd warned on Tuesday the firm’s recession forecast model showed a 58% Read More

U.S. banking regulator proposes easing post-crisis derivatives rules for big banks

11 hours ago DieselGasoil Comments Off on U.S. banking regulator proposes easing post-crisis derivatives rules for big banks
FILE PHOTO: A dragonfly is seen on a Wall Street sign in New York September 18, 2008. REUTERS/Eric Thayer WASHINGTON (Reuters) – A U.S. banking regulator Tuesday proposed easing a post-credit crisis rule on how much cash big banks should set aside to safeguard derivatives trades between affiliates, marking one of the biggest wins for Read More

Dozens killed after explosion hits president’s re-election rally in north Afghanistan

19 hours ago DieselGasoil Comments Off on Dozens killed after explosion hits president’s re-election rally in north Afghanistan
At least 24 people have been killed and dozens more were wounded after an IED attached to a security vehicle exploded near a campaign rally attended by Afghan President Ashraf Ghani, potentially signaling an attempt on his life. The bombing occurred on Tuesday afternoon in Afghanistan’s northern city of Charikar as President Ghani began addressing Read More

Dozens killed as explosion hits near Afghanistan’s President campaign rally in country’s north

20 hours ago DieselGasoil Comments Off on Dozens killed as explosion hits near Afghanistan’s President campaign rally in country’s north
Published time: 17 Sep, 2019 08:33 Edited time: 17 Sep, 2019 09:00 Follow RT on At least 24 people were killed and dozens more wounded after an IED attached to a security vehicle exploded near a campaign rally attended by Afghan President Ashraf Ghani, potentially marking an attempt on his life. The bombing occurred on Read More

U.S. solar market growth slows this year as projects pushed back

22 hours ago DieselGasoil Comments Off on U.S. solar market growth slows this year as projects pushed back
FILE PHOTO: An array of solar panels is seen in the desert near Victorville, California, U.S. March 28, 2018. REUTERS/Lucy Nicholson/File Photo (Reuters) – The U.S. solar market will grow more slowly than previously forecast this year as some large projects are shifted into 2020, an industry trade group said on Tuesday. The Solar Energy Read More

U.S. value fund managers betting shift to value stocks won’t last

23 hours ago DieselGasoil Comments Off on U.S. value fund managers betting shift to value stocks won’t last
NEW YORK (Reuters) – The massive U.S. market rotation into value stocks over the last two weeks is finally giving value fund managers a reason to be hopeful after years of underperformance. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 9, 2019. REUTERS/Brendan McDermid Read More

WeWork parent says IPO still on despite setbacks

1 day ago DieselGasoil Comments Off on WeWork parent says IPO still on despite setbacks
(Reuters) – WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end of the year, after walking away from preparations earlier in the day to proceed with its stock market debut this month. FILE PHOTO: Adam Neumann, CEO of WeWork, speaks to guests during the Read More

JP Morgan traders accused of manipulating price of gold, silver for a DECADE, as DoJ tries to look tough on Wall Street

1 day ago DieselGasoil Comments Off on JP Morgan traders accused of manipulating price of gold, silver for a DECADE, as DoJ tries to look tough on Wall Street
Precious metals traders at JP Morgan made millions through fraudulent trades, operating a sprawling criminal conspiracy to manipulate prices, according to the US Justice Department, which appears to be signaling a crackdown. Current and former JP Morgan precious metals traders Gregg Smith, Michael Nowak, and Christopher Jordan engaged in “a massive, multiyear scheme to manipulate Read More

Ultra Petroleum Corp. Proactively Enters into Amended Credit Facility to Remove Maintenance Covenants, Suspends Drilling Program, Substantially Increase Free Cash Flow Generation and Announces a Fall Borrowing Base Redetermination of $1.175 Billion and Commitment Amount to the Credit Facility of $200 Million

1 day ago DieselGasoil Comments Off on Ultra Petroleum Corp. Proactively Enters into Amended Credit Facility to Remove Maintenance Covenants, Suspends Drilling Program, Substantially Increase Free Cash Flow Generation and Announces a Fall Borrowing Base Redetermination of $1.175 Billion and Commitment Amount to the Credit Facility of $200 Million
ENGLEWOOD, Colo., Sept. 16, 2019 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (OTCQX: UPLC) announces that it has received unanimous approval from the lenders for its revolving credit facility (the “Credit Facility”) and entered into an amendment that, among other items, removes the financial maintenance covenants from the Credit Facility. This Read More