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Eldorado Resorts takes on bigger rivals with $8.5 billion Caesars buy

4 hours ago DieselGasoil Comments Off on Eldorado Resorts takes on bigger rivals with $8.5 billion Caesars buy
(Reuters) – U.S. casino operator Eldorado Resorts Inc has agreed to buy rival Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on larger companies such as Las Vegas Sands and Wynn Resorts. FILE PHOTO: The 550 foot-tall (167.6 m) High Roller observation wheel, the Read More

Wall St. opens higher on tech boost

7 hours ago DieselGasoil Comments Off on Wall St. opens higher on tech boost
FILE PHOTO: Traders work on the main trading floor after the opening bell at New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – U.S. stocks opened slightly higher on Monday, boosted by technology shares, while investors pinned their hopes on a meeting between Presidents Donald Trump and Read More

Bristol-Myers plans to divest Celgene’s psoriasis drug

7 hours ago DieselGasoil Comments Off on Bristol-Myers plans to divest Celgene’s psoriasis drug
(Reuters) – Bristol-Myers Squibb Co on Monday offered to divest Celgene Corp’s psoriasis treatment Otezla to allay concerns raised by the U.S. competition regulator, and pushed back the closing of their $74 billion deal. FILE PHOTO: Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage, near Read More

Eldorado Resorts to buy Caesars Entertainment for about $8.5 billion

8 hours ago DieselGasoil Comments Off on Eldorado Resorts to buy Caesars Entertainment for about $8.5 billion
(Reuters) – Eldorado Resorts Inc has agreed to buy Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on competition from larger companies such as Las Vegas Sands and Wynn Resorts. FILE PHOTO: The 550 foot-tall (167.6 m) High Roller observation wheel, the tallest in Read More

Futures edge higher with trade talks in focus

8 hours ago DieselGasoil Comments Off on Futures edge higher with trade talks in focus
(Reuters) – U.S. stock index futures edged higher on Monday, with investors hoping that the upcoming U.S.-China trade talks will help de-escalate a trade war that is damaging the global economy. FILE PHOTO: Traders work on the main trading floor after the opening bell at New York Stock Exchange (NYSE) in New York, U.S. June Read More

HSBC sees oil markets tightening in H2 despite recent weakness

8 hours ago DieselGasoil Comments Off on HSBC sees oil markets tightening in H2 despite recent weakness
London — Global oil markets will likely tighten during the second half of the year, supporting prices, driven by the expected extension of OPEC output cuts, a pickup in demand and rising geopolitical risks, HSBC said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Trimming its 2019 Brent Read More

Bitcoin’s back! BTC blows past $11,000, up almost 300% this year

8 hours ago DieselGasoil Comments Off on Bitcoin’s back! BTC blows past $11,000, up almost 300% this year
Bitcoin soared above the $11,000 mark on Monday, reaching a more than 15-month high. The world’s most popular cryptocurrency hit $11,234 during early trading, nearly tripling in value since January. Bitcoin has led the resurgence of the cryptocurrencies market as investors seem to have recovered their appetite since the crypto bubble burst in 2018. Last Read More

Archrock Announces Agreement to Acquire Elite Compression

10 hours ago DieselGasoil Comments Off on Archrock Announces Agreement to Acquire Elite Compression
Acquiring approximately 430,000 of compression horsepower from Elite Compression Services for approximately $410 million in cash and Archrock common stock Reinforces focus on large horsepower compression serving midstream infrastructure with blue-chip customers Accretive to earnings and free cash flow per share and supports our path to achieving sub-4.0x leverage in 2020 Enhances basin density across Read More

Natixis’ H2O sells some illiquid debt to try to staunch outflows

12 hours ago DieselGasoil Comments Off on Natixis’ H2O sells some illiquid debt to try to staunch outflows
PARIS/LONDON (Reuters) – H2O, one of French bank Natixis’ asset management businesses, has sold off some illiquid assets and removed entry fees across its funds as it tries to stem outflows of customer money. The business, which contributed about 11% of Natixis’ net income last year, said on Monday the move had led it to Read More

Nomura shareholders vote to keep embattled CEO

13 hours ago DieselGasoil Comments Off on Nomura shareholders vote to keep embattled CEO
FILE PHOTO: Nomura Holdings’ Chief Executive Officer Koji Nagai attends an interview with Reuters in Tokyo, Japan, February 9, 2016. REUTERS/Yuya Shino TOKYO (Reuters) – Japan’s Nomura Holdings Inc won shareholder approval on Monday for the re-appointment of its chief executive officer, overcoming concerns about the leaking of market information and its first annual loss Read More