What’s Going On With Italian Energy Company Eni Shares Today?
Eni reportedly plans to sell minority stakes in biofuel and bio-plastic units, aiming for EUR1.3B. It may also set up separate entities for greener businesses.
Why Dragonfly Energy Shares Are Rocketing Premarket Tuesday
Dragonfly Energy shares surge premarket after reporting Q4 2023 results, with decreased sales and improved Adjusted EBITDA.
Why Ericsson Shares Are Higher Premarket Tuesday
Ericsson reports Q1 FY24 results with sales declining 15% Y/Y. Gross margin improves, EPS beats consensus. Outlook remains cautious.
What’s Going On With GE Vernova Shares Today?
Mizuho analyst initiates coverage on GE Vernova with Buy rating and $154 PT. Expects recurring cash flow and margin expansion, potential for zero-carbon turbines, and growth in electrification and wind business. GE Aerospace now independent public company.
Why Piedmont Lithium Shares Are Surging Today
Piedmont Lithium receives approval for mining permit for proposed Carolina Lithium project in North Carolina, expected to create jobs and contribute to electrification economy.
EQT Inks Non-Operated Asset Deal With Equinor: Details
Equinor ASA and EQT Corporation shares are down after signing a $500 million asset sale agreement for non-operated natural gas assets in Northeast Pennsylvania.
BP Trims Workforce In Its EV Charging Business: Report
BP Pulse, the electric vehicle charging business of BP, reportedly plans to cut over 10% of its workforce as it focuses on US, UK, Germany, and China markets.
What’s Going On With Charles Schwab Shares Today?
Charles Schwab Corporation reported Q1 2024 results with a decline in net income and EPS, but beating revenue consensus. Asset management fees rose.
Why M&T Bank Shares Are Trading Higher Today
M&T Bank reported Q1 FY24 results with revenue of $2.26B, net interest income down 8%, net income below last year, and EPS in line with consensus.
Why Is Snap One Stock Jumping Premarket Monday?
Snap One Holdings is being acquired by Resideo Technologies for $1.4 billion, with expected synergies and accretion to Resideo's EPS.