Canadian Natural Resources Faces a Tougher Oil Backdrop as Crude Heads for Weekly Drop
Falling crude, supply-glut signals and geopolitical risk are creating a more complicated outlook for Canadian Natural Resources and energy equities.
Wendy’s Rejects $1.4 Billion Trian-Led Bid and Reaches for Its Poison Pill
Wendy’s rejected a $1.4 billion Trian-led takeover offer and adopted a poison pill, escalating a hig…
ConocoPhillips Beats Estimates and Raises Dividend as Oil Prices Lift Results
ConocoPhillips beat earnings estimates and raised its dividend, highlighting how oil prices can infl…
MasTec Favors $250 Million Buyback Over Major Acquisition in Capital-Allocation Shift
MasTec suspended late-stage acquisition talks and is prioritizing its existing $250 million buyback …
Rhythm Pharmaceuticals Jumps on Reported $10 Billion AstraZeneca Bid
Rhythm Pharmaceuticals shares jumped after a report of a potential $10 billion AstraZeneca takeover,…
Intermex Merger Arbitrage Faces Nov. 10 Decision Deadline
Intermex shares plunged after Western Union disclosed a Nov. 10 termination window, raising the stak…
Palo Alto Networks Reportedly Targets $500 Million AI Security Acquisition
Palo Alto Networks is reportedly negotiating a roughly $500 million purchase of AI security startup …
Gold’s 3% Surge Shows How Quickly Dollar Weakness Can Shift Macro Positioning
Gold rose roughly 3% as the dollar weakened after Democratic midterm victories, highlighting a poten…
Oil Falls on Iran De-escalation Hopes Despite Bullish US Inventory Draws
Oil prices declined as Iran de-escalation hopes clashed with sharply bullish US crude, gasoline and …
What the Democratic Midterm Sweep Means for Wall Street and Data Center Stocks
Wall Street rallied after the Democratic sweep, but data center stocks declined as traders reassesse…