Exxon Mobil and Chevron reported first-quarter earnings and revenue declines Friday as lower refining margins and natural gas prices took a toll on the energy giants. Meanwhile, the two U.S. supermajors continue to squabble over Chevron's attempt to move into oil-rich Guyana. Exxon Mobil Q1 EPS came in at $2.06, down 27% compared to Q1 2023, while revenue decreased 4% to $83.08 billion.
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(Bloomberg) -- A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine for the lender and years of restrictions on its US growth.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls Far ShortAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Tec
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The board of Canadian Natural Resources Limited ( TSE:CNQ ) has announced that it will pay a dividend on the 5th of...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Trade volumes from partners such as Turkey and China have slagged in the first quarter, as foreign dealers pullback amid a US sanctions threat.
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The Truth Social owner said it fired its auditing firm BF Borgers and hired a replacement over the weekend.
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...
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MOSCOW (Reuters) -Russia's finance ministry said on Monday that it would halve its purchases of foreign currency and gold in the month ahead, a move that will increase the state's overall forex sales. The finance ministry said its purchases of foreign currencies and gold for the period from May 8 to June 6 would amount to the equivalent of 110.94 billion roubles ($1.21 billion), or 5.55 billion roubles per day. Due to other interventions the central bank carries out, the Russian state will continue making FX sales throughout May with overall sales increasing to 6.3 billion roubles from 0.6 billion roubles a day in the previous month.
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Inflation is set for a dramatic decline that will pave the way for Fed rate cuts, Fundstrat's Tom Lee said.
Finance experts reveal the advice that they personally make sure to follow in their own lives.
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After months of pointing at big changes to come, the province says legislation to reform Alberta's auto insurance system could be coming this fall.In a mandate letter last July, Premier Danielle Smith tasked Minister of Affordability and Utilities Nathan Neudorf with providing short- and long-term recommendations to make car insurance more affordable.Four months later, in a press conference, Smith rolled out some short-term plans, including the introduction of a 3.7 per cent rate hike cap on ins
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial intelligence tools in particular with U.S. commercial customers. Palantir shares, which rallied 8.1% in Monday’s regular session, was off about 4 % in after-hours trading. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet.
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