©Reuters. FILE PHOTO: The Disney and Reliance logos are seen in this illustration taken December 15, 2023. REUTERS/Dado Ruvic/Illustration/File Photo BENGALURU (Reuters) – Indian oil-telecommunications conglomerate Reliance Industries is in…
Category: Stocks
Crown Castle co-founder seeks board seat – WSJ
bjdlzx The founder and former CEO of Crown Castle (NYSE:CCI) is trying to get panels from the owner of the wireless communication towers. Ted Miller, co-founder of Crown Castle (CCI)…
Cisco Systems shares fall on bearish guidance, plans to cut about 4,000 jobs
Cisco Systems Inc. on Wednesday announced a restructuring plan that calls for job cuts of 5%, or about 4,200 people, based on lower quarterly and fiscal year forecasts. “Given the…
Some young Chinese reject corporate jobs for ‘me time’ as economy slows From Reuters
©Reuters. A man walks in the central business district on a rainy day, in Beijing, China, July 12, 2023. REUTERS/Thomas Peter/File Photo By Nicoco Chan HONG KONG (Reuters) – Faced…
Occidental Petroleum plans to reduce production in 2024, cutting two Permian Basin plants (NYSE:OXY)
Anton Petrus/Momento via Getty Images Western Oil (NYSE:OSSI) +0.2% post-market Wednesday after posting better-than-expected fourth-quarter adjusted earnings and revenue and saying it will reduce spending on U.S. shale operations in…
George Soros fund acquires new stakes in JetBlue, Spirit and Sun Country
Billionaire investor George Soros’s investment fund has placed new bets on low-cost and ultra-low-cost U.S. airlines, targeting new stakes in JetBlue Airways Corp., Spirit Airlines Inc. and Sun Country Airlines…
A trader’s escape from quantitative risk
©Reuters. Lyft earnings typo causes market turmoil: escape for a trader is narrow Quiver Quantitative – The story of Lyft (NASDAQ:) typo and its impact on the stock market is…
Clean Energy Fuels Starts Renewable Natural Gas Production at Iowa Farm (NASDAQ:CLNE)
CreativeNature_nl/iStock via Getty Images Clean energy fuels (NASDAQ:CLNE) +5.1% in trading Wednesday after saying it completed its latest renewable natural gas plant in Marshall County, Iowa, which is expected to…
Morgan Stanley cuts hundreds of wealth management jobs
Morgan Stanley is cutting hundreds of wealth management positions, including some managing directors, in one of new Chief Executive Ted Pick’s first big moves since taking over six weeks ago,…
Renault reports lower-than-expected operating profit and increases dividend From Reuters
©Reuters. FILE PHOTO: Groupe Renault CEO Luca de Meo gives a speech during Groupe Renault’s capital market day for its new electric vehicle unit Ampere, in Paris, France, November 15,…