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Nio Enters Charging Agreement With Chinese Oil Giant Sinopec
Wednesday, September 25, 2024 - 6:15am | 336Nio Inc. (NYSE:NIO) has entered into a charging agreement with Beijing-based oil refiner Sinopec, allowing its drivers to charge across several Sinopec EV chargers across China, the EV maker said on Tuesday. What Happened: Nio drivers can now search for and use Sinopec EV chargers across China on...
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Chinese Energy Giant Sinopec's Interim Profit Surges 10% On Higher Crude Prices: Here's Its H2 Outlook
Sunday, August 28, 2022 - 8:57pm | 264China Petroleum and Chemical Corporation (NYSE: SNP), or Sinopec, registered a 10.4% increase in its H1 net profit at 43.53 billion yuan ($6.3 billion), led by higher global crude and gas prices, despite domestic demand remaining sluggish. Sinopec reported revenues of 1.61 million...
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3 ETFs That Would Enjoy An Anadarko Takeover
Tuesday, December 22, 2015 - 9:08am | 603Benzinga on Monday reported that Chinese energy giant China Petroleum & Chemical Corp. (NYSE: SNP), frequently referred to as Sinopec, is considering a takeover of Anadarko Petroleum Corporation (NYSE: APC). Texas-based Anadarko is one of the largest independent U.S. producers of oil and...
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Barron's Recap: Is Now The Time To Sit On Cash?
Sunday, March 1, 2015 - 12:05pm | 870This weekend in Barron's online: where to invest cash now, a good time to be a small investor, as well as the prospects for a Google dividend, Vulcan Materials, Valmont Industries, Sinopec, American Express and more. Cover Story "Private Bank Survey: Where to Invest Cash Now" by...
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Morningstar Analyst On Canada Pension Plan Weighing Bid For Talisman: 'Not A Natural Fit'
Monday, December 15, 2014 - 4:07pm | 116Speaking to Benzinga about rumors that Canada Pension Plan is weighing a bid for Talisman Energy Inc. (NYSE: TLM), Morningstar Analyst David Meats said that it doesn’t look like a natural fit for CPP. He explained that Talisman has a joint venture with Sinopec Shanghai Petrochemical...
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Earnings Season Boosts Confidence; S&P Trades At Record Highs
Tuesday, July 22, 2014 - 4:40pm | 2810U.S. stocks rose as earnings season continues to impress with companies like Comcast, Chipotle Mexican Grill and Verizon reported positive results. The National Association of Realtors reported existing home sales rose better than expected. helping propel stocks higher despite global...
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Dow Flirts With 17,000, S&P 500 Inches Closer To 2,000 In First Trading Day Of The Third Quarter
Tuesday, July 1, 2014 - 4:48pm | 2089U.S. stocks were higher as the back-end of 2014 kicked off. The Dow came within less than two points of reaching the 17,000 mark as investors and traders found plenty of positives in a better-than-expected June auto sales and an expansion in U.S. manufacturing. The S&P 500 also traded at...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 4:46pm | 3441U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....
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Market Wrap For April 15: Who Doesn't Love A Turnaround?
Tuesday, April 15, 2014 - 4:30pm | 2505U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...
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Market Wrap For February 26: Markets Slightly Higher On Housing Data
Wednesday, February 26, 2014 - 5:49pm | 2763U.S. stocks ended the day in positive territory following a volatility trading session in which the Nasdaq index hit a 14 year high and the S&P 500 index was pushed back in to record territory. Investors found housing data to be encouraging news as the three major indices finished the day...
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Market Wrap For February 21: Markets End The Week On A Negative Note
Friday, February 21, 2014 - 5:48pm | 2876U.S. stocks finished the week slightly lower as investors gave today's poor housing data a slack, and blame it on the weather. “Investors are willing to cut the market some slack because of the weather; I'm keeping my fingers crossed that the economy heats up as the weather warms up,” Jack...
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Market Wrap For February 19: Stocks Close Lower, Nasdaq Ends Winning Streak
Wednesday, February 19, 2014 - 6:01pm | 2948U.S. stocks finished the day near session lows as investors found little reason to be bullish. Housing data came in poor and failed to rally the bulls. Several Fed members raised the idea of a rate hike but “participants agreed that, with the unemployment rate approaching 6.5 percent, it would...
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Market Wrap For February 14: Markets End The Week Positive
Friday, February 14, 2014 - 5:50pm | 2701U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...
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Top M&A Deals Of 2010
Wednesday, December 29, 2010 - 10:34am | 327The Wall Street Journal has published a list of what it considers to be the five most important M&A deals of 2010. Hewlett-Packard (NYSE: HPQ) and 3Par are the first on the list. Hewlett-Packard acquired 3Par for $2.1 billion after battling with Dell (NASDAQ: DELL) to take ownership of the...