Friday, November 22

Tag: Halliburton

FTC Investigates Exxon’s $60 Billion Deal for Pioneer
5Dec By adminNo Comments
World

FTC Investigates Exxon’s $60 Billion Deal for Pioneer

Updated Dec. 5, 2023 12:49 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which would be the largest oil-and-gas deal in two decades, according to securities filings. The Federal Trade Commission has sought additional information from the companies about the deal, a step it takes when reviewing whether a merger could be anticompetitive under U.S. law, Pioneer disclosed in a filing Tuesday. Merger investigations on average take about 10 months to complete, according to data compiled by law firm Dechert.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Walmart Earnings, Low Fuel Prices Drag on Stocks
18Nov By adminNo Comments
Money

Walmart Earnings, Low Fuel Prices Drag on Stocks

Earnings selloffs in Cisco Systems and Walmart pulled down the Dow. But the broader market narrowly overcame those drags as well as tumbling energy shares to keep the November rally going.The S&P 500 added 0.1%. The tech-oriented Nasdaq Composite eked out a smaller gain than that and is now up 9.8% this month. The Dow Jones Industrial Average shed about 0.1%, or 46 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stocks Gain After Major Companies Beat Wall Street Expectations
24Oct By adminNo Comments
Money

Stocks Gain After Major Companies Beat Wall Street Expectations

Makers of everything from Post-it Notes to jet engines to business software clued in Wall Street Tuesday on their 2023 outlooks. Markets were cautiously optimistic.The three major stock indexes opened in the green and didn’t look back. The Dow Jones Industrial Average edged higher 0.6%, or 205 points. The S&P 500 climbed 0.7% while the tech-heavy Nasdaq Composite rose 0.9%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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