Shell PLC
Oil major BP raises dividend as second-quarter profit beats expectations
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter and raised its dividend despite previously warning of significantly lower refining margins. The oil […]
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RBC provides 2 world wide oil and gas stocks to its superbly outperforming energy listing
RBC Funds Markets included two important international oil and fuel companies to its Worldwide Energy Ideal Tips listing. The financial investment bank’s list has outperformed its benchmark by practically 200% considering that its inception about a decade ago. The freshly extra firms are Shell , a multinational oil and gas huge listed in the U.S. […]
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Power big Shell to consider up to a $2 billion impairment hit on Rotterdam, Singapore vegetation
The Shell brand is exhibited outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Photographs News | Getty Pictures Vitality big Shell on Friday mentioned it expects to file a article-tax impairment strike of up to $2 billion mostly linked to its Singapore and Rotterdam plants, though […]
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Stocks building the most important moves premarket: Macy’s, Tesla, Novo Nordisk and much more
Check out the businesses generating headlines ahead of the bell. Crypto stocks — Shares tied to bitcoin rate slid following the cryptocurrency dropped 5% to its lowest amount considering that February , with the now defunct Mt. Gox exchange commencing repayments to creditors, as expected . Coinbase and MicroStrategy each individual lost 5% in premarket […]
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Stocks making the biggest moves midday: Bath & Body Works, Carnival, GameStop and more
Check out the companies making headlines in midday trading: Bath & Body Works — Shares of Bath & Body Works sank 14% and headed for their worst day since 2021. The retailer beat first-quarter earnings and revenue estimates but offered disappointing second-quarter guidance. Bath & Body Works expects earnings to range between 31 cents and […]
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A top secret meeting is kicking off in Madrid with the CEOs of Google DeepMind, Anthropic and Microsoft AI in attendance
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images The CEOs of artificial intelligence heavyweights Google DeepMind, Microsoft AI, Anthropic and Mistral AI are among the elite […]
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UK stocks are outperforming the U.S. and one CIO says they look ‘very cheap’
U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking “very cheap.” The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher. In comparison, the U.S.’ S&P 500 […]
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BP misses anticipations as profits slip on weaker oil and fuel selling prices
A BP gasoline station in Madrid, Spain. Sopa Photographs | Lightrocket | Getty Photos BP on Tuesday claimed a fall in very first-quarter financial gain, with success coming in under analyst anticipations amid a “drastically weaker” margin in fuels and decrease gasoline and oil rates. The British strength big logged underlying replacement charge profit, applied […]
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Oil huge Shell beats very first-quarter gain estimates, launches $3.5 billion share buyback
The Shell symbol is shown outside the house a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday documented stronger-than-predicted initial-quarter income, boosted by higher refining margins and robust oil trading. Shell described altered earnings of $7.7 billion […]
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Dutch minister confident ‘crown jewel’ chip firm ASML will continue to be in Netherlands soon after menace to depart
A prime Dutch governing administration minister claimed he is assured the country’s coveted chip-equipment maker ASML will remain in the Netherlands next threats from the firm to transfer its functions overseas. Steven van Weyenberg, the Netherlands’ finance minister, advised CNBC’s Karen Tso on Thursday that he isn’t anxious by ASML’s statements threatening to go away […]
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