Prices
Shell’s second-quarter profit slumps 82% on coronavirus hit to oil prices, energy demand
Carl Court | AFP | Getty Images Oil giant Royal Dutch Shell on Thursday reported a sharp drop in net profit for the three months through to the end of June, following an unprecedented period of energy market turmoil and significantly weaker oil and gas prices. The Anglo-Dutch company reported adjusted earnings of $638 million …
Gold prices touch record high amid coronavirus worries, U.S.-China tensions
Ktsdesign | Science Photo Library Gold touched record prices as worries over issues such as the coronavirus pandemic as well as U.S.-China tensions weighed on investor sentiment. In the morning of Asian trading hours on Monday, spot gold traded at about $1,931.11 per ounce after earlier trading as high as $1,943.9275 per ounce. Those levels …
BREAKING: Nigeria’s inflation rate rises to 12.56% in June, as food prices surge
Nigeria attracted just $67.9 million in Foreign Portfolio Investment (FPI) inflow for the month of April 2020, the lowest inflow recorded this year. This is contained in the latest capital importation data obtained from the Central Bank of Nigeria (CBN). A cursory look at the Central Bank data shows that FPI sharply reversed from $2.30 billion at the beginning …
Arm raises prices on chip technology for some customers, sources say
By Stephen Nellis (Reuters) – SoftBank Group Corp-owned <9984.T> semiconductor technology supplier Arm Ltd has moved to raise licensing fees for some customers in recent negotiations, four people familiar with the matter told Reuters. In recent talks, Arm’s sales representatives have pressed for price hikes that would boost overall license costs for some customers by …
How States Can Shine a Brighter Light on Health-Care Prices
When times are difficult and money is tight, as they are now for tens of millions of Americans, most of us return to basic budgeting principles, cutting unnecessary costs and choosing the most economical options. We know from the bills we pay what goods and services we buy and how much we spend on them, …
OraSure Technologies, Inc. Prices Underwritten Offering of Common Stock – June 03, 2020
BETHLEHEM, Pa., June 02, 2020 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (Nasdaq: OSUR) (“OraSure” or the “Company”) today announced the pricing of an underwritten offering of 8,000,000 shares of its common stock at a price of $11.00 per share. After the underwriting discount and estimated offering expenses, OraSure expects to receive net proceeds of approximately …
OraSure Technologies, Inc. Prices Underwritten Offering of Common Stock Nasdaq:OSUR
BETHLEHEM, Pa., June 02, 2020 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (Nasdaq: OSUR) (“OraSure” or the “Company”) today announced the pricing of an underwritten offering of 8,000,000 shares of its common stock at a price of $11.00 per share. After the underwriting discount and estimated offering expenses, OraSure expects to receive net proceeds of approximately …
Oil prices tank another 21% as storage fears persist, commodity giant BP warns of a shock ‘on a scale never seen before’
Reuters/Shamil Zhumatov Oil prices fell for a second consecutive session on Tuesday on fears that global storage for oil is running out. The price of West Texas Intermediate fell as much as 21%, to $10.07 per barrel on Tuesday. The losses follow a drop that reached 30% on Monday after United States Oil Fund — …
Dow Jones Today, Stocks Edge Up On Jobless Claims; Oil Prices Spike, Blackstone’s $150 Billion War Chest| Investor’s Business Daily
Stocks opened higher Thursday, after weekly jobless claims topped 4.4 million, but were down from a week earlier. Earnings news and spiking oil prices influenced early trade, as investors waited on a federal stimulus vote. Casino owners rallied after a bullish outlook from Las Vegas Sands. Walmart lagged on the Dow Jones today, tripped up …
BREAKING: Oil prices drop below $0 for the first time in history
On Monday afternoon, oil prices hit an all-time low, dipping below $0 for the first time in history. Traders blamed the drop on the expiration of the May futures contract on Tuesday coupled with a sharp decline in demand amidst the coronavirus shutdowns. According to NPR, at the start of the year, a barrel of …
