main sockets Energy Transfer is buying Crestwood Equity Partners for $7.1 billion in an all-stock deal. Crestwood investors will receive 2.07 Energy Transfer shares for every Crestwood share they own. The deal will help Energy Transfer expand its presence in the Williston and Delaware basins, and allow it entry into the Powder River basin. Oil…
(Bloomberg) — Shares of Sacks Parente Golf Inc. fell. by 85% on Wednesday, erasing almost all of the sizable first-day gains that made it the strongest US stock market debut of 2023. Most Read from Bloomberg Shares of the company, which makes golf equipment including putters for $400, closed at $4.47 on Wednesday. That wiped…
font size Cisco CEO Chuck Robbins. Pau Parina/AFP/Getty Images Cisco Stocks fell in late trading on Wednesday, after the networking giant’s forecast for the 2024 fiscal year fell short of Wall Street’s estimates. Results for the company’s fourth fiscal quarter ending in July exceeded the company’s expectations for both revenue and earnings. The stock fell…
Robert Kiyosaki.Rich Dad’s Channel/YouTube Robert Kiyosaki says that Warren Buffett and Michael Berry are waiting for the stock to crash. The author of “Rich Dad Poor Dad” referred to Buffett hoarding cash and Burry shorting the market. Buffett and Bury are both value investors who excel at finding deals during market downturns. Robert Kiyosaki says…
summary FirstEnergy is a diversified energy company headquartered in Akron, Ohio. It is one of the largest investor-owned electrical systems in the country, with 10 organized subsidiaries. The company has a small structured generation capacity, less than 4000MW. The focus of the FE is on transmission and distribution; However, the company was selling parts of…
WASHINGTON (AP) — Most of last month’s Federal Reserve officials still viewed rising inflation as a continuing threat that could require more interest rate increases, according to the minutes of their meeting. Meeting July 25-26 Released Wed. At the same time, officials saw “a number of tentative signs that inflation pressures may be easing.” Divergent…
Barrick Gold Company. (NYSE: GOLD) is one of the largest producers of gold in the world. But CEO Mark Bristow recently emphasized another important mineral to watch. During an interview with CNBC, Bristow said, “My point is that copper is the most strategic of all metals.” He noted that batteries are the main driver of…
US stocks fluctuated midday Wednesday as the heavy trading week continued with Target (TGT) warning and Wall Street awaiting the release of minutes from the Federal Reserve’s latest policy meeting. The Dow Jones Industrial Average (^DJI) was nearly flat, while the S&P 500 (^GSPC) was down 0.2%. The high-tech Nasdaq Composite (^IXIC) fell 0.7%. The…
(Bloomberg) — Billionaire Kelsey Warren’s Energy Transfer LP will buy Crestwood Equity Partners LP in a $7.1 billion all-share deal that will lead to a significant expansion of its pipeline networks across the United States. Most Read from Bloomberg The deal will extend the carrier’s site in the Williston Basin of Montana and North Dakota…
This article first appeared in Yahoo Finance Tech, a weekly newsletter that highlights our original content about the industry. Get it straight to your inbox every Wednesday. Participate. Nvidia (NVDA) will report its second-quarter earnings after the closing bell next Wednesday, marking the biggest test of the AI hype cycle yet. During the AI gold…