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First net inflows into global equities in 10 weeks: BAML

1 day ago DieselGasoil Comments Off on First net inflows into global equities in 10 weeks: BAML
LONDON (Reuters) – Investors have added to their global equity holdings for the first time in 2-1/2 months and continued to pile into bonds, Bank of America Merrill Lynch said on Friday, as worries about the U.S.-China trade spat sent shudders through financial markets. The net inflow into equities totaled $900 million in the week Read More

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Prices Upsized Initial Public Offering of Common Units

3 days ago DieselGasoil Comments Off on Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Prices Upsized Initial Public Offering of Common Units
MIDLAND, Texas, May 22, 2019 (GLOBE NEWSWIRE) — Rattler Midstream LP (“Rattler”), a subsidiary of Diamondback Energy, Inc. (Nasdaq: FANG) (“Diamondback”), and Diamondback today announced the pricing of Rattler’s initial public offering of 38,000,000 common units representing limited partner interests at $17.50 per common unit. The 38,000,000 offering of common units represents a 4,666,667 unit Read More

Oil falls on rising U.S. stockpiles, but markets remain tense

4 days ago DieselGasoil Comments Off on Oil falls on rising U.S. stockpiles, but markets remain tense
TOKYO/SINGAPORE (Reuters) – Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced. FILE PHOTO: Storage tanks are seen at Ecopetrol’s Castilla oil rig platform, in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez/File Photo However, analysts said oil markets Read More

CVR Energy Reports Evaluation of Strategic Alternatives, Sale of Cushing Terminal

4 days ago DieselGasoil Comments Off on CVR Energy Reports Evaluation of Strategic Alternatives, Sale of Cushing Terminal
SUGAR LAND, Texas, May 21, 2019 (GLOBE NEWSWIRE) — CVR Energy, Inc. (NYSE: CVI) today announced that it has engaged BofA Merrill Lynch as its financial advisor to assist it in evaluating potential strategic alternatives, including a potential sale. The Company intends to evaluate alternatives in combination with its ongoing focus on accomplishing its strategic Read More

Trade uncertainty darkens U.S. small caps outlook

6 days ago DieselGasoil Comments Off on Trade uncertainty darkens U.S. small caps outlook
NEW YORK (Reuters) – Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prospects for economic growth improve. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) Read More

Investors shun equities, pile into bonds in past week: BAML

1 week ago DieselGasoil Comments Off on Investors shun equities, pile into bonds in past week: BAML
LONDON (Reuters) – Investors are neither extremely bullish nor bearish, according to Bank of America Merrill Lynch’s gauge of market sentiment, as they weigh the impact of trade tensions between the United States and China. Investors pulled $19.5 billion out of equities in the week to May 15, while bonds added $5.1 billion in their Read More

China’s retail sales growth slumps to 16-year low as trade war risks rise

1 week ago DieselGasoil Comments Off on China’s retail sales growth slumps to 16-year low as trade war risks rise
BEIJING (Reuters) – China reported surprisingly weaker growth in retail sales and industrial output for April on Wednesday, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates. FILE PHOTO: Employees work on the production line at a factory of automotive engine manufacturer Power Xinchen in Mianyang, Sichuan province, Read More

China’s retail sales growth falls to 16-year low as trade war risks rise

2 weeks ago DieselGasoil Comments Off on China’s retail sales growth falls to 16-year low as trade war risks rise
BEIJING (Reuters) – China on Wednesday reported surprisingly weaker growth in retail sales and industrial output for April, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates. FILE PHOTO: Employees work on the production line at a factory of automotive engine manufacturer Power Xinchen in Mianyang, Sichuan province, Read More

China April industrial output cools, retail sales growth falls to 16-year low as trade risks rise

2 weeks ago DieselGasoil Comments Off on China April industrial output cools, retail sales growth falls to 16-year low as trade risks rise
BEIJING (Reuters) – China on Wednesday reported surprisingly weaker growth in industrial output and retail sales for April, reinforcing expectations that Beijing needs to roll out more stimulus measures as the trade war with the United States escalates. FILE PHOTO: Employees work on the production line at a factory of automotive engine manufacturer Power Xinchen in Mianyang, Read More

Record level of funds hedge against stock market tumble: BAML survey

2 weeks ago DieselGasoil Comments Off on Record level of funds hedge against stock market tumble: BAML survey
FILE PHOTO: A trader works on the floor of the New York Stock Exchange (NYSE) near the close of market in New York, U.S., October 31, 2018. REUTERS/Brendan McDermid (Reuters) – Global investors’ equity allocations fell 6 percentage points in May and over a third of fund managers have taken out protection against sharp stock Read More