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U.S. existing home sales surge, boosted by Fed's signal on rates

22 hours ago DieselGasoil Comments Off on U.S. existing home sales surge, boosted by Fed's signal on rates
WASHINGTON (Reuters) – U.S. home sales surged in February to their highest level in 11 months, a sign that a pause in interest rate hikes by the Federal Reserve was starting to boost the U.S. economy. FILE PHOTO: An existing home for sale is seen in Silver Spring, Maryland February 21, 2014. REUTERS/Gary Cameron The Read More

ClearStream Announces Fourth Quarter and Annual 2018 Financial Results

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CALGARY, Alberta, March 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS measures” section of this release for a description of Read More

Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results

2 days ago DieselGasoil Comments Off on Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results
FORT ST. JOHN, British Columbia, March 21, 2019 (GLOBE NEWSWIRE) —   Summary of financial results   (thousands of dollars except per share amounts)   Three months ended December 31 Year ended December 31   2018 2017 2018 2017   (unaudited)              Revenues $ 137,595 $ 26,897   $ 191,060 Read More

Denbury and Penn Virginia Mutually Agree to Terminate Merger Agreement

2 days ago DieselGasoil Comments Off on Denbury and Penn Virginia Mutually Agree to Terminate Merger Agreement
PLANO, Texas, March 21, 2019 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it has mutually agreed with Penn Virginia Corporation (NASDAQ: PVAC) (“Penn Virginia”) to terminate their previously announced agreement under which Denbury was to acquire Penn Virginia. Chris Kendall, Denbury’s President and CEO, commented, “While we Read More

Wall Street rises as Apple, tech shares climb

2 days ago DieselGasoil Comments Off on Wall Street rises as Apple, tech shares climb
NEW YORK (Reuters) – An Apple-led tech rally pushed Wall Street higher on Thursday as jitters over the Federal Reserve’s forecast of an economic slowdown were calmed by upbeat economic data. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan McDermid All Read More

Canadian CO2 removal firm secures finance to expand

2 days ago DieselGasoil Comments Off on Canadian CO2 removal firm secures finance to expand
LONDON (Reuters) – Canada-based Carbon Engineering has exceeded its financing target which will enable it to deploy its first commercial operation to remove carbon dioxide directly from the air, it said on Thursday. FILE PHOTO: Cleaners walk past windows that look out onto the tarmac of the Beijing Capital International Airport covered in haze July Read More

Wall St. gains as tech boost offsets bank losses after Fed stance

2 days ago DieselGasoil Comments Off on Wall St. gains as tech boost offsets bank losses after Fed stance
(Reuters) – Technology shares pushed Wall Street’s main indexes higher on Thursday, offseting losses in U.S. lenders after the Federal Reserve decided not to raise interest rates this year FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan McDermid In a wholesale Read More

Wall St. edges higher as tech boost counters losses in bank stocks

2 days ago DieselGasoil Comments Off on Wall St. edges higher as tech boost counters losses in bank stocks
(Reuters) – U.S. stocks eked out gains on Thursday as declines in financial stocks after the Federal Reserve’s move to not raise interest rates this year were countered by gains in technology companies. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan Read More

Stock futures tread water after Fed turns more accommodative

2 days ago DieselGasoil Comments Off on Stock futures tread water after Fed turns more accommodative
(Reuters) – U.S. stock index futures were subdued on Thursday, a day after the Federal Reserve abandoned projections for any interest rate hikes this year amid signs of an economic slowdown. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan McDermid At Read More