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Chipmaker ASM beats first-quarter targets, sees market outperformance in 2019

10 hours ago DieselGasoil Comments Off on Chipmaker ASM beats first-quarter targets, sees market outperformance in 2019
(Reuters) – Dutch semiconductor supplier ASM International on Wednesday reported first-quarter revenue of 249 million euros ($278.5 million) and an order intake of 235 million euros, both exceeding its own expectations. The high order intake was again driven by ASM’s fabrication and logic semiconductor businesses, reflecting its solid position in these segments, CEO Chuck del Read More

Lyft’s IPO banks give troubled stock a flurry of ‘buy’ ratings

2 days ago DieselGasoil Comments Off on Lyft’s IPO banks give troubled stock a flurry of ‘buy’ ratings
(Reuters) – Lyft Inc received some badly needed support on Tuesday, as analysts at banks that had worked on its initial public offering urged clients to buy the ride-hailing company’s beleaguered shares. The Lyft logo is seen on a parked Lyft Scooter in Washington, U.S., March 29, 2019. REUTERS/Brendan McDermid Following the required 25-day wait Read More

Range Announces First Quarter 2019 Financial Results

3 days ago DieselGasoil Comments Off on Range Announces First Quarter 2019 Financial Results
FORT WORTH, Texas, April 22, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2019 financial results.  Highlights – GAAP cash flow provided from operating activities of $261 million, and non-GAAP cash flow of $269 million GAAP net income of $1.4 million ($0.01 per diluted share), and non-GAAP net income Read More

Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use

7 days ago DieselGasoil Comments Off on Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use
NEW YORK (Reuters) – Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk’s use of Twitter, a federal judge ruled Thursday. FILE PHOTO: Tesla CEO Elon Musk arrives at Manhattan federal court for a hearing on his fraud settlement with the Read More

Schlumberger posts profit drop, sees international spending rising

1 week ago DieselGasoil Comments Off on Schlumberger posts profit drop, sees international spending rising
(Reuters) – Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand. FILE PHOTO: The exterior of a Schlumberger Corporation building is pictured in West Houston January 16, 2015. REUTERS/Richard Carson The oilfield services Read More

Subsea 7 S.A. announces an update to the terms of its $200 million share repurchase programme

1 week ago DieselGasoil Comments Off on Subsea 7 S.A. announces an update to the terms of its $200 million share repurchase programme
Luxembourg – 17 April 2019 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN LU0075646355, the Company) today announced that the terms of the Company’s $200 million share repurchase programme, previously announced on 28 February 2019, have been updated in accordance with the authority granted to the Board of Directors at the Extraordinary General Read More

Bellatrix Announces Meeting Details In Connection With Recapitalization Transaction

1 week ago DieselGasoil Comments Off on Bellatrix Announces Meeting Details In Connection With Recapitalization Transaction
CALGARY, Alberta, April 16, 2019 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has issued an interim order (the “Interim Order”) authorizing, among other things, the holding of the following meetings (collectively, the “Meetings”): (i) a meeting (the Read More

German investments in Russia highest in decade despite Western sanctions

1 week ago DieselGasoil Comments Off on German investments in Russia highest in decade despite Western sanctions
Investments by German businesses in the Russian economy exceeded €3 billion in 2018, marking the highest level since before the financial crisis more than a decade ago, according to the Russian-German Chamber of Commerce. “Despite Western sanctions along with Russia’s retaliatory measures the volume of investments by German corporations into the Russian economy last hit Read More

In quest for electric supercars, engineers head to start-ups

1 week ago DieselGasoil Comments Off on In quest for electric supercars, engineers head to start-ups
FRANKFURT (Reuters) – Rene-Christopher Wollmann, head of Mercedes-AMG’s 2.75 million euros Project One supercar program, has moved to a job at Automobili Pininfarina in a sign that innovation in high end electric sportscars is shifting toward small start-ups. FILE PHOTO: Automobili Pininfarina’s “Battista” electric hypercar is pictured at the Geneva Motor Show, in Geneva, Switzerland Read More

California governor proposes fund to pay for wildfire liabilities; PG&E shares rise

2 weeks ago DieselGasoil Comments Off on California governor proposes fund to pay for wildfire liabilities; PG&E shares rise
(Reuters) – California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities and said he would hold the state’s largest utility more accountable for insuring safety against the growing number of blazes in the state. FILE PHOTO: Governor of U.S. state of California Gavin Newsom visits the premises of a Read More