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Cenovus reports voting results of election of Directors

2 hours ago DieselGasoil Comments Off on Cenovus reports voting results of election of Directors
CALGARY, Alberta, April 24, 2019 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 24, 2019, each of the 11 nominees proposed as Directors and listed in its Management Information Circular dated March 1, 2019 were elected as Directors. The detailed results of Read More

Oil States Announces First Quarter 2019 Results of Operations

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HOUSTON, April 24, 2019 (GLOBE NEWSWIRE) — Oil States International, Inc. (NYSE: OIS) reported a net loss for the first quarter of 2019 of $14.6 million, or $0.25 per diluted share on revenues of $250.6 million and Consolidated EBITDA (Note A) of $21.4 million. The reported first quarter 2019 results included severance charges totaling $1.0 million ($0.8 million after-tax, or Read More

Kim-Putin summit: What talks in Russia mean for US following Trump’s Hanoi fiasco

5 hours ago DieselGasoil Comments Off on Kim-Putin summit: What talks in Russia mean for US following Trump’s Hanoi fiasco
North Korean leader Kim Jong-un’s meeting with Russian President Vladimir Putin is shrouded in the veil of political uncertainty, but analysts believe it could be a roundabout way to reboot denuclearization talks with the US. The meeting is taking place in Vladivostok, 129 kilometers from the border Russia shares with North Korea. It is Russia’s Read More

Martin Midstream Partners Announces Strategic Initiatives

5 hours ago DieselGasoil Comments Off on Martin Midstream Partners Announces Strategic Initiatives
KILGORE, Texas, April 24, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today strategic initiatives designed to strengthen the balance sheet by reducing leverage and allowing the Partnership to retain earnings to fund growth opportunities.  These initiatives consist of: The previously announced marketing of the Partnership’s gas storage assets. The active Read More

Kim in Russia for 1st summit with Putin – 18 yrs after his father

5 hours ago DieselGasoil Comments Off on Kim in Russia for 1st summit with Putin – 18 yrs after his father
Much like his father 18 years ago, Kim Jong-un arrived in Russia by armored train on Wednesday to much fanfare — but while the trip has echoes of history, the circumstances are much different. The late Kim Jong-il’s trip to Moscow in 2001 came at a time when North Korea’s missile program had just begun Read More

Earnings Data Deluge

6 hours ago DieselGasoil Comments Off on Earnings Data Deluge
No new economic reports are out this Wednesday neither ahead of the opening bell during regular trading or after today s close Tomorrow we look forward to new Weekly Jobless Claims which have once again bounced down to those half century lows we d seen late last summer There is Read More

Weekly share repurchase program transaction details

8 hours ago DieselGasoil Comments Off on Weekly share repurchase program transaction details
  April 24, 2019 SBM Offshore reports the transaction details related to its EUR175 million (c. US$200 million) share repurchase program for the period April 18, 2019 through April 24, 2019. The repurchases were made under the EUR175 million share repurchase program announced on and effective from February 14, 2019. The objective of the program Read More

S&P 500 hovers below record highs on mixed earnings

8 hours ago DieselGasoil Comments Off on S&P 500 hovers below record highs on mixed earnings
(Reuters) – U.S. stocks hovered below their all-time highs on Wednesday, as investors digested a mixed batch of earnings reports and losses in energy stocks limited gains on the indexes. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid The S&P 500 is Read More

Put down your iPhone, Apple chief suggests

9 hours ago DieselGasoil Comments Off on Put down your iPhone, Apple chief suggests
Apple chief executive Tim Cook has told a summit that the company doesn’t want customers to spend all of their time on its devices. Medical bodies and professionals have warned about the amount of time that adults and children are spending in front of screens, although suggested optimal amounts differ. Governments have warned that technology Read More

Euro falls on weak German business morale, stocks slip

9 hours ago DieselGasoil Comments Off on Euro falls on weak German business morale, stocks slip
NEW YORK (Reuters) – The euro fell against the U.S. dollar on Wednesday after data showing a surprise deterioration in business morale in Germany stoked fears of slowing global growth and weighed on a gauge of world equity markets. FILE PHOTO: The German Central Bank (Bundesbank) presents the new 50 euro banknote at its headquarters Read More