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Verizon resurrects media business as safe haven on the internet

3 days ago DieselGasoil Comments Off on Verizon resurrects media business as safe haven on the internet
New York (Reuters) – Banning pornography from Tumblr was not necessarily meant to define Verizon Media’s strategy to turn around a collection of Internet has-beens. But that is how it has played out. The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid After Read More

Comstock Resources Announces Closing of Covey Park Energy Merger

5 days ago DieselGasoil Comments Off on Comstock Resources Announces Closing of Covey Park Energy Merger
Frisco, TX, July 16, 2019 (GLOBE NEWSWIRE) — COMSTOCK RESOURCES ANNOUNCES CLOSINGOF COVEY PARK ENERGY MERGER FRISCO, TX, July 16, 2019 – Comstock Resources, Inc. (NYSE: CRK) (“Comstock” or the “Company”) today announced that it has closed the previously announced acquisition of Covey Park Energy LLC (“Covey Park”) in a cash and stock merger valued Read More

Investors trim cash, buy stocks on dovish Fed, trade truce: BAML poll

5 days ago DieselGasoil Comments Off on Investors trim cash, buy stocks on dovish Fed, trade truce: BAML poll
LONDON (Reuters) – Fund managers have trimmed cash holdings and added risk to their portfolios following the U.S. Federal Reserve’s dovish pivot and after Beijing and Washington agreed a temporary truce to their protracted trade spat, a key investor survey showed on Tuesday. Bank of America Merrill Lynch’s latest monthly survey found cash levels down Read More

South Korea bourse fines BofA Merrill Lynch over irregular trading

5 days ago DieselGasoil Comments Off on South Korea bourse fines BofA Merrill Lynch over irregular trading
FILE PHOTO: A journalist walks past an electronic board of the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange (KRX) in Seoul, South Korea, January 20, 2016 REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – The Korea Exchange (KRX) said on Tuesday it has imposed a 175 million won ($148,655) fine on Bank of America Read More

U.S. equity funds add $1.7 billion ahead of Fed chair testimony: BAML

1 week ago DieselGasoil Comments Off on U.S. equity funds add $1.7 billion ahead of Fed chair testimony: BAML
LONDON (Reuters) – Investors pumped money into bonds and equities in the week to Wednesday with U.S. stock funds adding $1.7 billion, Bank of America Merrill Lynch said on Friday, as markets tried to weigh hopes for major central bank stimulus against economic woes. Bond funds raked in $9.6 billion in their 27th week of Read More

S&P 500 near flat as healthcare in spotlight

1 week ago DieselGasoil Comments Off on S&P 500 near flat as healthcare in spotlight
NEW YORK (Reuters) – The S&P 500 was little changed in afternoon trading on Thursday, with healthcare stocks mixed after the Trump administration withdrew a rule that would kill rebates. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid Shares of pharmacy benefit Read More

Robert M. Shearer Elected to Occidental Board of Directors

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HOUSTON, July 10, 2019 (GLOBE NEWSWIRE) — Occidental Petroleum Corporation (NYSE:OXY) announced today that Robert “Bob” M. Shearer, a former managing director of BlackRock Advisors LLC, has been elected to its Board of Directors. Mr. Shearer, 64, has over 35 years of experience in securities and leading investment management firms. Before retiring from BlackRock in Read More

Fed seen cutting U.S. rates by 25 bps late July: BAML

2 weeks ago DieselGasoil Comments Off on Fed seen cutting U.S. rates by 25 bps late July: BAML
FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo NEW YORK (Reuters) – The Federal Reserve will likely reduce key U.S. borrowing costs by a quarter point at its upcoming July 30-31 policy meeting with the chance of a 50 basis-point decrease, Bank of Read More

Bitcoin only solution to fake US dollar racket – RT’s Keiser Report

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Keiser Report hosts Stacy Herbert and Max Keiser discuss the conspiracy theory turned conspiracy fact, as Merrill Lynch admits to manipulating precious metals markets with spoof trading. “As we’ve covered for years now, the precious metals market is undeniably manipulated by the same people who are printing all the money because they don’t want gold Read More

Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion

3 weeks ago DieselGasoil Comments Off on Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion
FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch/File Photo (Reuters) – Canada’s Brookfield Asset Management Inc (BAMa.TO) and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee Read More