Hints and tips:
...Lego is fundamentally a product that is petroleum-based. I mean, ABS plastic has a core element of petroleum. Their entire product is based on oil....
...By contrast, many other businesses inside Icahn’s empire, which span automotive services, real estate and even sausage packaging, have struggled to generate meaningful earnings....
...with the claims about energy companies, saying “BlackRock clients have more than $170bn invested in American energy companies” and touted last month’s $550mn investment by a BlackRock fund in Occidental Petroleum...
...Berkshire also added to his positions in Capital One and oil producer Occidental Petroleum....
...Moody’s Investor Service said the talc ruling was a “credit negative” for J&J but would not affect its triple A rating....
...Transportation services would stay volatile, but begin to gradually moderate as airfares settled down....
...The investments, along with purchases of shares in video streaming service Paramount Global and oil majors Occidental Petroleum and Chevron, showed that Buffett and his investment team continued to bet on...
...Richard Chilton, the founder and chief investment officer of Chilton Investment Company, told the FT he decided to add Berkshire to the company’s holdings after Buffett snapped up shares of Occidental Petroleum...
...Separate filings show the company has increased its stake in energy company Occidental Petroleum in recent months....
...Our decision to cut dividends was taken on the best professional advice with the intention of keeping the business solvent.”...
...FTI said the New York Times report “grossly mischaracterised” the services it provides to the oil sector....
...The conglomerate bought $7.7bn worth of shares in oil and gas company Occidental Petroleum and boosted its stake in the oil major Chevron....
...Shareholders in Occidental Petroleum last week overwhelmingly rejected a proposal calling on the company to set more detailed emissions reductions targets....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Go deeper Soaring energy prices are reviving the US shale oil industry and yesterday Whiting Petroleum and Oasis Petroleum, two US shale oil producers, agreed a $6bn merger....
...A version of this article was first published by Nikkei Asia on March 21 2022. ©2022 Nikkei Inc....
...A version of this article was first published by Nikkei Asia on July 27. ©2022 Nikkei Inc. All rights reserved....
...However, Alain Harfouche, managing director at investment and advisory financial services group Guggenheim Securities, reckoned such moves were driven more by efforts of reorienting portfolios towards higher-value...
...The White House said last month the group was part of the Russian Foreign Intelligence Service....
...A version of this article was first published by Nikkei Asia on October 11 2021. ©2021 Nikkei Inc....
...Johnson cited a well-known financial adage to describe his position: “Markets can remain irrational longer than you can remain solvent.”...
...For 1kg of ABS, it needs about 2kg of petroleum. Eager to wind down plastic use, Lego has been seeking for years to develop environmentally-friendly bricks....
...Streaming services like Netflix and Hulu have changed the way we consume media and competition is going to ramp up as telecoms and cable groups also enter the fold....
...The North Face refused an order from Innovex Downhole Solutions, a Houston-based oilfield services group, for about 400 company-branded North Face jackets that it intended as gifts for staff....
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