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Amazon raises stakes for rivals with one-day delivery goal after profit surge

4 hours ago DieselGasoil Comments Off on Amazon raises stakes for rivals with one-day delivery goal after profit surge
(Reuters) – Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc. FILE PHOTO: The logo of Amazon is seen at the Read More

Cordy Oilfield Services Inc. Reports Fourth Quarter and 2018 Annual Results

4 hours ago DieselGasoil Comments Off on Cordy Oilfield Services Inc. Reports Fourth Quarter and 2018 Annual Results
CALGARY, Alberta, April 25, 2019 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its fourth quarter and 2018 annual results.     Three months ended December 31   Twelve months ended December 31 ($ 000’s) 2018   2017   ($) Change     2018   2017   ($) Read More

Intel cuts forecast as China data center sales remain weak

6 hours ago DieselGasoil Comments Off on Intel cuts forecast as China data center sales remain weak
(Reuters) – Chipmaker Intel Corp on Thursday cut its full-year revenue forecast and missed analysts’ estimates for first-quarter sales for its higher-margin data center business, sending its shares down as much as 7.5%. FILE PHOTO: The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, California, U.S. June Read More

Bonanza Creek Issues Preliminary First Quarter 2019 Results and Provides an Operational Update

7 hours ago DieselGasoil Comments Off on Bonanza Creek Issues Preliminary First Quarter 2019 Results and Provides an Operational Update
DENVER, April 25, 2019 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek” or the “Company”) today issued preliminary first quarter 2019 results, provided an operations update and announced its first quarter 2019 earnings release and conference call date. The Company has also posted an updated investor presentation to its website. Highlights include: First quarter Read More

Southwest Airlines says bookings strong even as 737 MAX grounded

8 hours ago DieselGasoil Comments Off on Southwest Airlines says bookings strong even as 737 MAX grounded
(Reuters) – Southwest Airlines Co forecast better-than-expected second-quarter revenue growth on Thursday, citing demand from leisure and business customers, even though it is uncertain when its grounded Boeing 737 MAX jets will return to service. FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Read More

3M cuts 2019 profit outlook on weak China, shares fall 11 percent

9 hours ago DieselGasoil Comments Off on 3M cuts 2019 profit outlook on weak China, shares fall 11 percent
(Reuters) – Shares of 3M Co fell 11 percent on Thursday after the U.S. manufacturing conglomerate cut its 2019 earnings forecast and said it would lay off 2,000 workers, citing worsening performance in high-growth markets such as China. The stock’s worst day in more than three decades dragged down the Dow Jones Industrial Average, and Read More

Commerzbank investor pins hopes on new deal as Deutsche Bank talks collapse

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LONDON (Reuters) – The collapse of merger talks between Commerzbank and Deutsche Bank is good news, a top Commerzbank shareholder said on Thursday, betting that the bank will seek an alternative deal with another European rival. FILE PHOTO: A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, February 9, 2017. Read More

Commerzbank shareholder welcomes Deutsche Bank deal collapse

13 hours ago DieselGasoil Comments Off on Commerzbank shareholder welcomes Deutsche Bank deal collapse
FILE PHOTO: A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, February 9, 2017. REUTERS/Ralph Orlowski LONDON (Reuters) – The collapse of merger talks between Commerzbank and Deutsche Bank is good news, a top Commerzbank shareholder said on Thursday, adding he expects an alternative deal to be struck with another Read More

German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse

14 hours ago DieselGasoil Comments Off on German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse
FRANKFURT (Reuters) – German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands. Germany’s two largest banks announced that nearly six weeks of high-level negotiations about a Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

16 hours ago DieselGasoil Comments Off on GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution
Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More