newszine

U.S. funds look for ‘crazy cheap’ stocks as indexes hit record highs

10 hours ago DieselGasoil Comments Off on U.S. funds look for ‘crazy cheap’ stocks as indexes hit record highs
NEW YORK (Reuters) – Record highs in the U.S. stock market and the anticipation of equity-friendly interest rate cuts by the Federal Reserve later this year are prompting top-performing large-cap fund managers to seek out unloved stocks in hopes of further gains. FILE PHOTO: Traders work on the floor at the New York Stock Exchange Read More

General Mills sales hit by low demand for Nature Valley, Fiber One bars

10 hours ago DieselGasoil Comments Off on General Mills sales hit by low demand for Nature Valley, Fiber One bars
(Reuters) – General Mills Inc’s quarterly sales fell short of Wall Street estimates on Wednesday, hurt by lower demand for its Nature Valley and Fiber One snack bars, sending its shares down as much as 10%. FILE PHOTO: General Mills breakfast cereal is shown for sale in Carlsbad, California, U.S., June 27, 2017. REUTERS/ Mike Read More

CrossAmerica Partners and Applegreen Announce Definitive Agreement

15 hours ago DieselGasoil Comments Off on CrossAmerica Partners and Applegreen Announce Definitive Agreement
Allentown, PA, June 26, 2019 (GLOBE NEWSWIRE) —         CrossAmerica Partners and Applegreen Announce Definitive Agreement Applegreen will operate 46 sites in the Upper Midwest Entered into master fuel supply and lease agreements Deal expected to close in the third quarter of 2019 ALLENTOWN, PA (June 26, 2019) – CrossAmerica Partners LP (NYSE: CAPL) announced Read More

US-led effort to limit IMO 2020 compliance would not cut fuel prices: study

16 hours ago DieselGasoil Comments Off on US-led effort to limit IMO 2020 compliance would not cut fuel prices: study
Washington — A US-led defection from next year’s tougher international marine fuel sulfur standards would be difficult, if not impossible, and would not lead to lower domestic fuel prices, according to a study released Wednesday by a group of US oil and gas producers, refiners, shippers and trade unions. Not registered? Receive daily email alerts, Read More

Walmart aims to list minority stake in Japan unit Seiyu

18 hours ago DieselGasoil Comments Off on Walmart aims to list minority stake in Japan unit Seiyu
FILE PHOTO: The logos of Walmart and Seiyu are pictured at the headquarters office in Tokyo, Japan July 12, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S. retail giant was looking to exit Read More

Walmart says it aims to list Japanese supermarket unit Seiyu

19 hours ago DieselGasoil Comments Off on Walmart says it aims to list Japanese supermarket unit Seiyu
FILE PHOTO: The logos of Walmart and Seiyu are pictured at the headquarters office in Tokyo, Japan July 12, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Walmart aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, the U.S. company said in a statement on Wednesday, amid on-and-off speculation the Read More

Parkland Announces Pricing of Senior Unsecured Notes

1 day ago DieselGasoil Comments Off on Parkland Announces Pricing of Senior Unsecured Notes
CALGARY, Alberta, June 25, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX:PKI), announced today the pricing of its previously announced private offering (the “offering”) of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the “notes”). The notes will bear interest at a rate of 5.875% per Read More

U.S. consumer confidence at 21-month low

1 day ago DieselGasoil Comments Off on U.S. consumer confidence at 21-month low
FILE PHOTO: People shop at an H&M store during the grand opening of the The Hudson Yards development, a residential, commercial, and retail space on Manhattan’s West side in New York City, New York, U.S., March 15, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. June consumer confidence fell more than expected, hitting its lowest level since Read More