Oil Giant Saudi Aramco Makes a Historic $161B Profit in 2022
Oil giant Saudi Aramco says it earned $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists
Oil giant Saudi Aramco says it earned $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists
Ford Motor Co. says it will cut around 1,100 jobs at its plant in the Spanish city of Valencia
Total pay for BP’s CEO more than doubled to $12 million last year
WASHINGTON – New policies adopted on Sunday by U.S. banking regulators will “wipe out” equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting all customer deposits, a senior U.S. Treasury official said.
Fiscal third-quarter revenue falls about $30 million short of Street’s expectations
SK Innovation Co.’s shares climbed Friday after the South Korean energy company said it has developed new prismatic and other batteries for electric vehicles.
Dai Nippon Printing Co.’s shares rose sharply Friday morning after the Japanese company announced a large share buyback and other steps to boost earnings and capital efficiency as part of a new mid-term plan.
Seven & I Holdings Co. shares fell sharply Friday after the company said it will close some supermarket stores and exit the apparel business.
Volution Group (LON:FAN – Get Rating)’s stock had its “hold” rating reaffirmed by investment analysts at Numis Securities in a research note issued on Thursday, Marketbeat reports. They presently have a GBX 315 ($3.79) target price on the stock. Numis Securities’ price objective would suggest a potential downside of 21.60% from the stock’s current price.
Murchinson Ltd. purchased a new stake in shares of Black Knight, Inc. (NYSE:BKI – Get Rating) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $647,000.