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Sector Update: Energy Stocks Gain in Thursday Afternoon Trading
Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 0.8% and the Energy Select Sector SPDR Fund (XLE) up 0.9%. The Philadelphia Oil Service Sector index was posting
Vale to Acquire Remaining Stake in Alianca Energia for $541 Million
Vale (VALE) said Wednesday it agreed to buy acquire the 45% stake in in Alianca Energia owned by Cemig GT for 2.7 billion Brazilian reais ($541 million). The transaction is subject to approval by Cemi
(VALE) - Analyzing Vale's Short Interest
Vale's (NYSE:VALE) short percent of float has fallen 11.71% since its last report. The company recently reported that it has 42.52 million shares sold short, which is 0.98% of all regular shares that
Top Gap Ups and Downs on Tuesday: TSLA, DJT, RDDT and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
TMC, Ampco Report Financial Results; Vale To Negotiate DOE Funding And More: Tuesday's Top Mining Stories
Top Stories for March 26, 2024:1. TMC The Metals Company (NASDAQ:TMC) reported Q4 and FY 2023 financial results. The company saw Q4 operational cash usage of $15.2 million and a quarterly net loss of
Vale's Partnership With DOE Signals Domestic Shift Toward Sustainable Steel Production
Brazilian mining giant Vale (NYSE:VALE) has announced a deal with the Department of Energy (DOE) to develop a new iron ore briquette plant in the U.S. The DOE has selected the project for potential fi
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