TotalEnergies SE
BofA suggests ‘higher-for-longer’ oil will enhance shares outside of power — listed here are some of its picks
Oil price ranges could remain elevated on the again of the current OPEC+ final decision to minimize output by two million barrels a day , in accordance to Financial institution of America. “The reduce to oil production arrives at a time when world-wide inventories are currently lower and U.S. reserves are at levels not noticed […]
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This income-building fund stayed resilient this year by focusing on the ‘power of dividends’
Ben Kirby says his fund has stayed resilient this year by doing what it’s always done: remembering the “power of dividends.” While the S & P 500 slid into a bear market this year, down more than 25%, the Thornburg Investment Income Builder (TIBIX) declined 18.5% over the same time period, according to data from […]
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Cramer’s lightning round: I’m very bullish on Disney
Walt Disney Co: “I’m very, very bullish. Bought some stock last week for the Investing Club.” Rio Tinto PLC: “I do think that the minerals may have bottomed here. I do think it’s also, by the way, a great company.” Macy’s Inc: “I prefer you buy it, not sell it. … I’d say, stick with […]
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Analyst names the stocks ‘at chance of heading to $0’ and 3 prime picks, supplying a person in excess of 80% upside
Shares that are presently burning via hard cash are about to get hit, reported David Trainer, CEO of expenditure investigate organization New Constructs. That is for the reason that desire rates are heading to get even bigger, which suggests liquidity will start out to dry up, he additional. “When liquidity receives tighter, individuals are a […]
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Russia’s influence is at hazard in the Southern African country of Angola as voters head to the polls
Angola’s President Joao Manuel Goncalves Lourenco (L) speaks to Russian President Vladimir Putin throughout their assembly at the Kremlin in Moscow on April 4, 2019. Lourenco’s MPLA has prolonged preserved shut ties with Russia. ALEXANDER ZEMLIANICHENKO/POOL/AFP by way of Getty Photographs Russia’s long-held ties with the Southern African nation of Angola could be in jeopardy […]
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Oil major TotalEnergies to provide fuel discount at French highway stations through summer
TotalEnergies has announced a discount on fuel prices at highway stations in France for the summer holiday season. Picture Alliance | Picture Alliance | Getty Images French oil major TotalEnergies on Thursday announced a discount on fuel prices at nationwide highway stations for the summer holiday season, acknowledging the “great tension” in energy markets following […]
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Dalio is right to short Europe, strategist says: ‘The pain will go on for quite a while’
Ray Dalio, Bridgewater Associates, Founder, Co-Chairman & Co-CIO, at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Billionaire investor Ray Dalio is right to have bet against European stocks, and global markets still have a rough road ahead, according to Beat Wittmann, partner at Zurich-based Porta Advisors. Dalio’s Bridgewater Associates has […]
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Goldman Sachs says these global companies are poised to return more cash to shareholders
Share buybacks are on the rise, according to Goldman Sachs , with the investment bank naming a raft of European companies that it thinks are ready to accelerate the pace of shareholder returns. Share buybacks, also known as share repurchases, are when a company buys back its own shares from the stock market. This boosts […]
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An energy transition loophole is allowing Big Oil to offload high-polluting assets to private buyers
An oil flare burns at Repsol’s oil refining complex in Cartagena, Spain. Repsol was one of the top sellers of assets between 2017 and 2021 in EDF’s analysis. Bloomberg | Bloomberg | Getty Images Oil and gas giants are increasingly selling off dirty assets to private firms, amplifying concerns that the fossil fuel industry’s traditional […]
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Big Oil braces for shareholder revolt over climate plans in proxy voting season
Members of the environmental group Just Stop Oil blockade a BP petrol station in London on April 28, 2022. The activist group is calling for the U.K. government to commit to halting new fossil fuel licensing and production. Kristian Buus | In Pictures | Getty Images LONDON — Some of the world’s largest corporate emitters […]
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