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Costco margin dip overshadows sales beat, shares slide

2 days ago DieselGasoil Comments Off on Costco margin dip overshadows sales beat, shares slide
(Reuters) – Costco Wholesale Corp’s (COST.O) gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry. Shopping carts are seen at a Costco Wholesale store in Glenview, Illinois, U.S. May 24, 2016. REUTERS/Jim young/File Read More

U.S. labor market tightening; inflation pressures muted

2 days ago DieselGasoil Comments Off on U.S. labor market tightening; inflation pressures muted
WASHINGTON (Reuters) – The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease concerns about a slowdown in the labor market and economy. A container ship is shown at port in Long Beach, California, U.S. July 16, 2018. REUTERS/Mike Blake Other data on Thursday showed Read More

Petroteq Energy 2018 Year-End Review

2 days ago DieselGasoil Comments Off on Petroteq Energy 2018 Year-End Review
SHERMAN OAKS, CALIFORNIA, Dec. 13, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), a fully integrated oil and gas company with production assets in the Asphalt Ridge region of Vernal, Utah, is pleased to provide a 2018 year-end operations and strategic update: Dear Shareholders, As we begin to close out 2018, and Read More

United Airlines CEO doubles down on growth strategy as stock rides tailwind

3 days ago DieselGasoil Comments Off on United Airlines CEO doubles down on growth strategy as stock rides tailwind
CHICAGO (Reuters) – With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction. United Airlines Chief Executive Officer Oscar Munoz poses for pictures in his office at the company’s headquarters in Chicago, Illinois, U.S., November 14, Read More

Parkland Fuel Corporation Announces December 2018 Dividend

3 days ago DieselGasoil Comments Off on Parkland Fuel Corporation Announces December 2018 Dividend
CALGARY, Alberta, Dec. 12, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI), Canada’s largest and one of North America’s fastest growing independent suppliers and marketers of fuel and petroleum products and a leading convenience store operator, today announced that a dividend of $0.0978 per share will be paid on January 15, 2019 to shareholders of Read More

With stock riding tailwind, United Airlines CEO doubles down on growth strategy

3 days ago DieselGasoil Comments Off on With stock riding tailwind, United Airlines CEO doubles down on growth strategy
CHICAGO (Reuters) – With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction. United Airlines Chief Executive Officer Oscar Munoz poses for pictures in his office at the company’s headquarters in Chicago, Illinois, U.S., November 14, Read More

With steel waste in crosshairs, China extends its war on pollution

5 days ago DieselGasoil Comments Off on With steel waste in crosshairs, China extends its war on pollution
ANSHAN, China/MANILA (Reuters) – China’s self-styled war on pollution is extending to a new front: the solid waste that makes up thousands of slag heaps around the country, a byproduct of its record steel output. Samples of processed steel slag are seen at a steel slag treatment plant of Ansteel in Anshan, Liaoning province, China Read More

Licking their wounds, fund managers prep for rally in '19

1 week ago DieselGasoil Comments Off on Licking their wounds, fund managers prep for rally in '19
NEW YORK (Reuters) – With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at least 5 percent. FILE PHOTO: Traders work on the floor of Read More

China's November export, import growth shrinks, showing weak demand

1 week ago DieselGasoil Comments Off on China's November export, import growth shrinks, showing weak demand
BEIJING (Reuters) – China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country’s growth rate from slipping too much. FILE PHOTO: Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly Song/File Read More

President Energy reports successful testing of 2nd well in Rio Negro Province, Argentina

1 week ago DieselGasoil Comments Off on President Energy reports successful testing of 2nd well in Rio Negro Province, Argentina
12/7/2018 LONDON — President Energy has provided an update relating to its concessions in Rio Negro Province, Argentina (President 90% and operator – EDHIPSA 10%) including the Puesto Flores/Estancia Vieja Concession (“PF/EV”). Highlights PFE 1001, the second new well in the drilling program, tested at 400 bopd from the primary target double initial expectations The secondary Read More