newszine

AT&T, Dish not in talks over DirecTV deal: source

1 day ago DieselGasoil Comments Off on AT&T, Dish not in talks over DirecTV deal: source
The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – AT&T Inc (T.N) and Dish Network Corp (DISH.O) are not in discussions over a deal due to regulatory issues, a source familiar with the Read More

AT&T explores parting ways with DirecTV unit: Wall Street Journal

1 day ago DieselGasoil Comments Off on AT&T explores parting ways with DirecTV unit: Wall Street Journal
The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – AT&T is exploring parting from its DirecTV unit, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The wireless carrier Read More

Investor Netter pushes FSD to restructure or return cash

1 day ago DieselGasoil Comments Off on Investor Netter pushes FSD to restructure or return cash
NEW YORK (Reuters) – Investment manager Donald Netter is stepping up his battle with First Trust High Income Long/Short Fund (FSD) by asking the closed-end fund to restructure or give investors their money back because it has been trading at a discount for years. Netter, whose Dolphin Limited Partnership I LP owns 450,000 shares of Read More

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

3 days 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

Dubai futures: Timespreads surge past $1/b post Saudi attacks

4 days ago DieselGasoil Comments Off on Dubai futures: Timespreads surge past $1/b post Saudi attacks
Singapore — Benchmark Dubai crude oil futures timespreads trading out to January 2020 shot past $1/b in backwardation as Asian markets opened Monday after attacks on core Saudi Aramco facilities Saturday, which has crippled 5.7 million b/d, or nearly 60% of the kingdom’s production. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

U.S. oil companies set to benefit from Saudi supply disruption

4 days ago DieselGasoil Comments Off on U.S. oil companies set to benefit from Saudi supply disruption
By Tina Davis on 9/15/2019 NEW YORK (Bloomberg) –Some U.S. oil companies are positioned to gain from the attacks on Saudi Arabia’s facilities over the weekend and an attendant rise in crude prices. The biggest moves could come from U.S. oil companies with a sizable short interest, including Apache, Continental Resources, Concho Resources, Devon Energy Read More

Billionaire investor Carl Icahn to leave New York for Florida

7 days ago DieselGasoil Comments Off on Billionaire investor Carl Icahn to leave New York for Florida
BOSTON (Reuters) – Billionaire investor Carl Icahn, a born New Yorker who has run his business from the city for decades, is moving his office, more than half of his staff and himself to Florida early next year, people familiar with the plan said on Thursday. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview Read More

T. Boone Pickens, the ‘Oracle of Oil’ turned natural gas supporter, dies at 91

1 week ago DieselGasoil Comments Off on T. Boone Pickens, the ‘Oracle of Oil’ turned natural gas supporter, dies at 91
— 60-year career spanned many energy sources Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Strong opposition to US dependence on imported oil T. Boone Pickens, a power player in the oil industry for decades who spent his final years as an advocate for natural gas, died Wednesday in Read More

T. Boone Pickens, oilman turned raider turned trader, dies at 91

1 week ago DieselGasoil Comments Off on T. Boone Pickens, oilman turned raider turned trader, dies at 91
By Laurence Arnold on 9/11/2019 WASHINGTON (Bloomberg) – T. Boone Pickens, the onetime Texas oil wildcatter turned corporate raider who became a billionaire energy investor and television pitchman for wind and natural-gas power, has died. He was 91. He died Wednesday of natural causes, according to spokesman Jay Rosser. Pickens’s primary residence was in Dallas. Read More