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Infrastructure and Energy Alternatives, Inc. Announces Closing of $50 Million Equity Transaction

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INDIANAPOLIS, May 20, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that it has successfully completed the previously announced $50 million equity transaction (“Equity Transaction”) with a fund managed by the Private Equity Group Read More

ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE

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HOUSTON, TX, May 20, 2019 (GLOBE NEWSWIRE) — Isramco, Inc. (NASDAQ CM: ISRL) (the “Company,” “Isramco,” “we” or “our”) announced today that it has signed a definitive merger agreement with Naphtha Israel Petroleum Corporation Ltd. (“Naphtha”), Naphtha Holding Ltd. (“NHL”), I.O.C. – Israel Oil Company, LTD. (“IOC”) and Naphtha US Oil, Inc. (each a wholly Read More

Worries of longer, costlier U.S.-China trade war hits markets

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WASHINGTON/BEIJING (Reuters) – Worries that the United States and China were digging in for a longer, costlier trade war weighed on financial markets on Monday as Beijing accused Washington of harboring “extravagant expectations” for a deal to end their dispute. Investors added up the costs of higher tariffs on Chinese and U.S. goods as well Read More

Chevron now offering electric car charging at gas stations

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By Mark Chediak on 5/20/2019 Photo: Electric car charging station. SAN FRANCISCO (Bloomberg) — There has been an ever so slight shift in Big oil towards the electric car business. Chevron Corp. is offering electric car charging ports at a handful of gasoline stations in its home state of California, according to a statement Monday. Read More

Chips are down: Huawei U.S. blacklisting knocks semiconductor stocks

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LONDON (Reuters) – U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. The selling came after Nikkei Asian Review reported that Infineon had halted shipments to Huawei after Washington added the world’s No. 2 smartphone maker to a Read More

Wall St. pressured as Huawei fallout worries spark tech sell-off

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(Reuters) – U.S. stocks dropped on Monday, as Washington’s restrictions on China’s Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world’s two largest economies. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 20, 2019. REUTERS/Brendan Read More

Tesla stock and bonds tumble as investors fret about costs and safety

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SAN FRANCISCO (Reuters) – Tesla’s stock and bonds tumbled on Monday as investors worried about the automaker’s cash burn and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric car maker’s future. FILE PHOTO: People visit a Tesla booth during the media day for the Shanghai auto Read More

Wall St. lower as tech stocks sell-off on Huawei fallout worries

7 hours ago DieselGasoil Comments Off on Wall St. lower as tech stocks sell-off on Huawei fallout worries
(Reuters) – U.S. stocks fell on Monday, as Washington’s crackdown on China’s Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world’s two largest economies. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 20, 2019. REUTERS/Brendan Read More

Changing the world, one supplier at a time

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5/20/2019 Photo: Blue Bull Energy President & Founder, Blue Bell Energy. LONDON — The oil & gas industry can be proud of the opportunities it creates in developing countries. The problem is that local suppliers are often overwhelmed by the complex array of international and national standards relating to the industry across everything from Health Read More

Wall St. drops as tech stocks tumble on Huawei fallout fears

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(Reuters) – U.S. stocks fell on Monday, as a crackdown on China’s Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. Read More