Fubo to Announce Q1 2024 Financial Results on May 3, 2024

StockStory
What To Expect From fuboTV's (FUBO) Q1 Earnings
Live sports and TV streaming service fuboTV (NYSE:FUBO) will be reporting results tomorrow before market open. Here's what to look for.
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The Canadian Press
Trans Mountain pipeline expansion gets green light to open for May 1
CALGARY — The long-awaited Trans Mountain pipeline expansion is complete and the Canada Energy Regulator has given the go-ahead for the project to open. The regulator said Tuesday it has approved the last remaining "leave to open" applications submitted by Trans Mountain Corp., the Crown corporation behind the project. Approval of these applications was required before the expanded pipeline could begin shipping oil. Also on Tuesday, Trans Mountain confirmed that Wednesday, May 1 will mark the co
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an hour ago
Reuters
Canada's long-delayed Trans Mountain oil pipeline starts operations
(Reuters) -After 12 years and C$34 billion ($25 billion), Canada's Trans Mountain pipeline expansion project (TMX) began commercial operations on Wednesday, a major milestone expected to transform access to global markets for the country's producers. Pipeline constraints have forced Canadian oil producers to sell oil at a discount for many years, but TMX will nearly triple the flow of crude from landlocked Alberta to Canada's Pacific coast to 890,000 barrels per day (bpd). For Canada, the world's fourth-biggest oil producer, the additional pipeline capacity is set to boost crude prices, lift national gross domestic product and expand access to Asian oil markets.
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Barrons.com
A Bet by France’s Biggest Company and an African Economy Hinge on China’s Slowdown
The world’s longest heated oil pipeline faces challenges from forest fires to deadly snakes. But funding is the biggest worry.
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20 hours ago
Reuters
UPDATE 3-Canada's Cenovus Energy beats profit estimate on production boost
Canadian oil and gas company Cenovus Energy beat first-quarter profit estimates on Wednesday due to higher production and refinery throughput, and executives said the start-up of the Trans Mountain pipeline expansion (TMX) would open up new markets. TMX will nearly triple the flow of oil to Canada's west coast to 890,000 barrels per day, which is expected to transform access to global markets for the country's producers. "Our teams have been working with buyers, there's a pretty vast market out there, which is exciting," Drew Zieglgansberger, chief commercial officer at Cenovus, said on an earnings call, adding the company expected some "bumpiness" in the pipeline's initial operations.
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Reuters
CNH Industrial cuts 2024 profit target as farm equipment demand slumps
CNH Industrial cut its annual profit forecast and warned of steeper declines in farming equipment sales on Thursday, as a global agriculture downturn squeezes demand for its tractors and combines. Dwindling farm incomes as crop prices moderate and higher borrowing costs are forcing a rethink on big-ticket purchases, setting up for a murky demand backdrop for heavy equipment makers. CNH projected an 11% to 15% drop in agriculture segment sales for the year, compared with its previous expectation of 8% to 12% decline.
5 hours ago
Reuters Videos
EVs are getting smarter and cheaper in China
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19 hours ago
Reuters
UPDATE 3-Diamondback Energy beats first quarter profit estimates on higher production
Diamondback Energy beat first quarter profit estimates on Tuesday as the oil and gas firm benefited from higher oil production and better prices. Crude oil prices in the quarter mirrored the previous year as production cuts by OPEC+ countries offset lower demand, helping oil producers like Diamondback Energy. Quarterly oil production was at 24.8 millions of barrels (mmbls), up about 10% up from the previous year and prices for oil was up 2.7% at $75.06 per barrel for the same period.
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Reuters
Starbucks shares hit two-year low as China, US demand clouds outlook
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China. Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note.
a day ago
Reuters
UPDATE 2-Chesapeake Energy misses quarterly profit estimates as natgas prices remain low
Natural gas producer Chesapeake Energy Corp missed Wall Street estimates for first-quarter profit on Tuesday as persistently low natural gas prices weighed down on the company's top-line results. Natural gas prices had dropped 20.4% in the first quarter compared with the year-ago quarter, as high inventory combined with lackluster demand resulted in producers such as Chesapeake curtailing gas production. Chesapeake Energy said that it expects total natural gas production for the second quarter between 2,620 million cubic feet of gas equivalent per day (mmcfepd) and 2,720 mmcfepd, which is below the 3,653 mmcfepd reported in the year-ago quarter.
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Fubo to Announce Q1 2024 Financial Results on May 3, 2024

Latest Stories

What To Expect From fuboTV's (FUBO) Q1 Earnings

Trans Mountain may be 'the last pipeline' for Canada: Cenovus CEO

Frustrated shoppers boycott Loblaw stores for month of May

Trans Mountain pipeline expansion gets green light to open for May 1

Fast food operators rushing to use AI in the wake of minimum wage hikes

Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent

Latest national emissions report shows signs of progress toward Canada's 2030 goal

Canada's long-delayed Trans Mountain oil pipeline starts operations

A Bet by France’s Biggest Company and an African Economy Hinge on China’s Slowdown

Newsroom Ready: Dental care program accepting claims for 1 million seniors

UPDATE 3-Canada's Cenovus Energy beats profit estimate on production boost

FTC Set to Rule on $60 Billion Exxon-Pioneer Deal in Coming Days

CNH Industrial cuts 2024 profit target as farm equipment demand slumps

EVs are getting smarter and cheaper in China

UPDATE 3-Diamondback Energy beats first quarter profit estimates on higher production

Shein’s Plan to Sell Its Supply Chain Expertise Comes with Risks

Starbucks shares hit two-year low as China, US demand clouds outlook

UPDATE 2-Chesapeake Energy misses quarterly profit estimates as natgas prices remain low

Donald Trump Appears To Reveal His Plan If He Loses Election To Joe Biden

People left stunned by photo of Princess Charlotte shared on 9th birthday