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

24 mins ago DieselGasoil Comments Off on ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE
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

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

4 hours ago DieselGasoil Comments Off on Wall St. pressured as Huawei fallout worries spark tech sell-off
(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

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

6 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

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

7 hours ago DieselGasoil Comments Off on Wall St. drops as tech stocks tumble on Huawei fallout fears
(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

Lumentum says halting all Huawei shipments, cuts quarterly forecast

9 hours ago DieselGasoil Comments Off on Lumentum says halting all Huawei shipments, cuts quarterly forecast
(Reuters) – Mobile phone parts producer Lumentum Holdings Inc on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei Technologies, following export restrictions put in place by the United States Department of Commerce. The company, which is seen as a major supplier of Apple Inc’s Face ID technology, said Read More

Wall St. falls as trade anxieties spike

3 days ago DieselGasoil Comments Off on Wall St. falls as trade anxieties spike
NEW YORK (Reuters) – Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years. While all three major U.S. indexes struggled for direction for much of the session, they turned Read More

Alta Mesa Resources Provides Operational and Financial Update; Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards; Alta Mesa Holdings Files Form 10-K

3 days ago DieselGasoil Comments Off on Alta Mesa Resources Provides Operational and Financial Update; Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards; Alta Mesa Holdings Files Form 10-K
HOUSTON, Texas, May 17, 2019 (GLOBE NEWSWIRE) — Alta Mesa Resources, Inc. (NASDAQ: AMR, “Alta Mesa” or the “Company”) today provided an operational and financial update for its subsidiaries Alta Mesa Holdings, LP (“Alta Mesa Upstream”) and Kingfisher Midstream, LLC (“Kingfisher Midstream”) and announced that Alta Mesa Upstream has filed its Annual Report on Form Read More

Wall Street mixed as strong consumer data dampened by trade jitters

3 days ago DieselGasoil Comments Off on Wall Street mixed as strong consumer data dampened by trade jitters
NEW YORK (Reuters) – Wall Street struggled for gains in an up-and-down session on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

Wall St. falls after China’s tough talk on trade

3 days ago DieselGasoil Comments Off on Wall St. falls after China’s tough talk on trade
(Reuters) – U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed after Chinese media took a hardline approach to the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

Wall St. set to open lower after China’s tough talk on trade

3 days ago DieselGasoil Comments Off on Wall St. set to open lower after China’s tough talk on trade
(Reuters) – Wall Street was set to break a three-day winning streak on Friday, as trade worries returned after Chinese media took a hard stance on the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More