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S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq

2 hours ago DieselGasoil Comments Off on S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
NEW YORK (Reuters) – The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp (NVDA.O) dragged down the Nasdaq. All three indexes had been lower in early trade as an underwhelming outlook Read More

Regulator 'stunned and terrified' after causing PG&E stock surge

3 hours ago DieselGasoil Comments Off on Regulator 'stunned and terrified' after causing PG&E stock surge
(Reuters) – The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E (PCG.N) caused the embattled power utility’s stock to surge over 40 percent in a matter of minutes. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Read More

Wall Street advances on trade optimism; Nvidia, Facebook lag

6 hours ago DieselGasoil Comments Off on Wall Street advances on trade optimism; Nvidia, Facebook lag
NEW YORK (Reuters) – The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 7, 2018. REUTERS/Brendan McDermid All three indexes Read More

Eaton Vance's Gaffney sees opportunity in emerging market-denominated bonds

6 hours ago DieselGasoil Comments Off on Eaton Vance's Gaffney sees opportunity in emerging market-denominated bonds
NEW YORK (Reuters) – There are untapped opportunities in corporate debt securities denominated in emerging-market currencies, Eaton Vance’s director of diversified fixed-income said at the Reuters Global Investment 2019 Outlook Summit on Friday. Kathleen Gaffney, vice president, director of diversified fixed income and lead portfolio manager for Eaton Vance Management, speaks during the Reuters Global Read More

PG&E shares, debt rebound as regulator soothes bankruptcy fear

8 hours ago DieselGasoil Comments Off on PG&E shares, debt rebound as regulator soothes bankruptcy fear
(Reuters) – Shares of embattled utility PG&E Corp (PCG.N) surged 37 percent on Friday as fears it could be bankrupted by potential liability from California’s deadliest-ever wildfire were assuaged by signs of support from a regulator. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., Read More

S&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq

8 hours ago DieselGasoil Comments Off on S&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq
(Reuters) – The S&P 500 swung between gains and losses on Friday following conflicting reports on a U.S. trade deal with China, while weakness in chipmaker Nvidia weighed on the Nasdaq. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 7, 2018. REUTERS/Brendan McDermid President Donald Trump Read More

PG&E shares, debt recover as regulator eases bankruptcy fears

9 hours ago DieselGasoil Comments Off on PG&E shares, debt recover as regulator eases bankruptcy fears
(Reuters) – Shares of embattled utility PG&E Corp (PCG.N) jumped 40 percent on Friday as fears it could be bankrupted by the fallout of California’s deadly wildfires were eased by signs of support for the company from one regulator. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Read More

A cheeky LOT: Airline asks passengers to help pay for plane repairs in order to take off

9 hours ago DieselGasoil Comments Off on A cheeky LOT: Airline asks passengers to help pay for plane repairs in order to take off
A Polish airline has apologized after passengers waiting to take a delayed flight were asked by staff to cough up extra cash in order to help settle a repair bill so their airplane could finally take off. The unusual extra charge occurred on Poland’s flagship carrier, LOT Polish Airlines, before a scheduled return flight to Read More

Contango Announces Pricing of Common Stock Offering

13 hours ago DieselGasoil Comments Off on Contango Announces Pricing of Common Stock Offering
HOUSTON, Nov. 16, 2018 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced that it has priced a public offering of 7,500,000 shares of its common stock for total gross proceeds (before the underwriting discount and estimated expenses) of $30 million. The underwriters have an option for Read More

GasLog Ltd. and GasLog Partners LP Announce Agreement to Modify Incentive Distribution Rights

14 hours ago DieselGasoil Comments Off on GasLog Ltd. and GasLog Partners LP Announce Agreement to Modify Incentive Distribution Rights
Monaco, Nov. 16, 2018 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog” or “the General Partner”) (NYSE:GLOG) and GasLog Partners LP (“GasLog Partners” or “the Partnership”) (NYSE:GLOP) today announce an agreement to modify the partnership agreement with respect to the General Partner’s incentive distribution rights (“IDR”). The modification will have the effect of reducing the General Partner’s Read More