(RTTNews) - Occidental Petroleum Corporation (OXY), a hydrocarbon explorer, said on Friday that it has appointed its chief operating officer, Richard Jackson, as chief executive officer. He will succeed Vicki Hollub as CEO upon her retirement on June 1.
(RTTNews) - Occidental Petroleum Corporation (OXY), a hydrocarbon explorer, said on Friday that it has appointed its chief operating officer, Richard Jackson, as chief executive officer. He will succeed Vicki Hollub as CEO upon her retirement on June 1.
We just covered Here is How Billionaire Philippe Laffont’s Top 10 Picks Crushed The Market. Amazon.com Inc. (NASDAQ:AMZN) ranks #4 (see the Here is How Billionaire Philippe Laffont’s Top 5 Picks Crushed The Market). YTD Stock Performance: +14% Philippe Laffont’s Stake: $2.29 Billion Amazon is in the spotlight after posting upbeat quarterly results and a better-than-expected outlook. […]
We just covered Here is How Billionaire Philippe Laffont’s Top 10 Picks Crushed The Market. Amazon.com Inc. (NASDAQ:AMZN) ranks #4 (see the Here is How Billionaire Philippe Laffont’s Top 5 Picks Crushed The Market). YTD Stock Performance: +14% Philippe Laffont’s Stake: $2.29 Billion Amazon is in the spotlight after posting upbeat quarterly results and a better-than-expected outlook. […]
felixmizioznikov/iStock via Getty Images Advantage Energy ( AAVVF ) reported first-quarter earnings of C.17 per share. This is a Canadian producer that reports using Canadian dollars. While this was better than the previous year's first quarter, management appeared to be disappointed by the price of natural gas at the time of the first quarter report. However, now it is done, and as the last artic...
felixmizioznikov/iStock via Getty Images Advantage Energy ( AAVVF ) reported first-quarter earnings of C.17 per share. This is a Canadian producer that reports using Canadian dollars. While this was better than the previous year's first quarter, management appeared to be disappointed by the price of natural gas at the time of the first quarter report. However, now it is done, and as the last article mentioned, there is a new plant undergoing commissioning now, and the Glacier Plant will turn around in the second quarter (with a 21-day schedule). When production is re-established, the budget is now being redirected towards more liquids production because liquids prices have risen considerably. Relative Returns The company has long given a snapshot of returns at a given time. But oil and gas relationships have gyrated violently around those assumed relationships for some time now. Advantage Energy Relative Returns From Various Parts Of The Acreage Portfolio (Advantage Energy Corporate Presentation May 2026) As a result of the Iranian situation, the price of oil has risen to the point where the liquids produced are expected to bring in more than 50% of the revenue for the rest of the fiscal year. This is up considerably from when this slide was last made for the monthly corporate presentation. As a result of the rise in oil prices, the liquids-rich acreage, such as Wembley and Charlie Lake, now commands a clear profitability advantage. The change in the result is so dramatic compared to the other graphs shown above that the company is initially switching about C$25 million of the capital budget to the liquids rich production areas. If the price of oil remains high (and if management perceives that natural gas prices will remain comparatively weak), then it is possible that the rest of the fiscal year will be devoted to liquids rich production. Originally it was thought that the second quarter would be the least damaging quarter to do the plant turnaround because natura...
The Vanguard Small-Cap ETF (NYSEMKT:VB) and iShares Morningstar Small-Cap ETF (NYSEMKT:ISCB) both offer low-cost access to small-capitalization stocks but vary significantly in assets under management (AUM) and sector weightings. Investors often turn to small-cap funds to capture the growth potential of smaller American companies that are overlooked by large-cap indexes. Both of these ETFs offer b...
The Vanguard Small-Cap ETF (NYSEMKT:VB) and iShares Morningstar Small-Cap ETF (NYSEMKT:ISCB) both offer low-cost access to small-capitalization stocks but vary significantly in assets under management (AUM) and sector weightings. Investors often turn to small-cap funds to capture the growth potential of smaller American companies that are overlooked by large-cap indexes. Both of these ETFs offer broad diversification within the small-cap universe, yet their underlying index methodologies create distinct portfolio tilts and performance outcomes over time. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Ryder System ( R ) said on Friday its Board of Directors has authorized a new discretionary share repurchase plan that allows management to buy back up to 2M shares of common stock from May 1, 2026, through May 1, 2028. The plan replaces a previously authorized 2M share plan from 2025 that the company said was largely completed. Under the program, repurchases may be made occasionally using the com...
Ryder System ( R ) said on Friday its Board of Directors has authorized a new discretionary share repurchase plan that allows management to buy back up to 2M shares of common stock from May 1, 2026, through May 1, 2028. The plan replaces a previously authorized 2M share plan from 2025 that the company said was largely completed. Under the program, repurchases may be made occasionally using the company’s working capital and through various methods, including open-market transactions and trading plans established pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934. Ryder noted that the timing and the actual number of shares repurchased will depend on market conditions, legal requirements, and other factors. As of March 31, 2026, Ryder reported approximately 38.7 million shares of common stock outstanding. More on Ryder Ryder System, Inc. 2026 Q1 - Results - Earnings Call Presentation Ryder System, Inc. (R) Q1 2026 Earnings Call Transcript Ryder System: Strong Fundamentals Justify Its Premium Valuation Ryder signals 2026 comparable EPS of $14.05 to $14.80 while keeping $700M to $800M free cash flow forecast Ryder Non-GAAP EPS of $2.54 beats by $0.27, revenue of $3.13B misses by $10M
hapabapa/iStock Editorial via Getty Images Novo Nordisk ( NVO ) announced on Friday that the company will launch its oral GLP-1 receptor agonist semaglutide under the brand name Ozempic pill starting next week for adults with type 2 diabetes. Accordingly, the Ozempic pill will be available in 1.5 mg, 4 mg, and 9 mg doses from Monday via more than 70,000 U.S. pharmacies for as little as $25 for ins...
hapabapa/iStock Editorial via Getty Images Novo Nordisk ( NVO ) announced on Friday that the company will launch its oral GLP-1 receptor agonist semaglutide under the brand name Ozempic pill starting next week for adults with type 2 diabetes. Accordingly, the Ozempic pill will be available in 1.5 mg, 4 mg, and 9 mg doses from Monday via more than 70,000 U.S. pharmacies for as little as $25 for insured patients who opt to receive a 3-month prescription, the Danish drugmaker said. Self-pay patients can buy the Ozempic pill through the company’s direct-to-consumer channel, NovoCare Pharmacy, or select telehealth providers, with the starting dose of 1.5 mg costing $149 per month. Concurrently, the U.S. weight management company WW International ( WW ) and drug savings platform GoodRx ( GDRX ) announced product offerings that provide their customers with access to the once-daily therapy. Oral semaglutide has been available in the U.S. since 2019 as Rybelsus at 3 mg, 7 mg, and 14 mg doses for adults with type 2 diabetes. Its rebranding comes after the FDA approved Ozempic tablets as the name for oral semaglutide doses of 1.5 mg, 4 mg, and 9 mg in February. More on Novo Nordisk A/S Novo Nordisk: Pricing Pressure And Falling Margins Make This A Value Trap (Q1 Earnings Preview) Novo Nordisk: Is The GLP‑1 Golden Age Already Behind It? Novo Nordisk's Weight Loss Doesn't Mean To Load Up Novo’s Wegovy expands reach in UK with latest NICE recommendation Novo’s China obesity drug posts positive mid-stage trial results
High-yield bond investors spent much of late March 2026 watching the VIX spike to almost 31 and bracing for a credit selloff that never quite arrived. Instead, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) absorbed the volatility, kept paying its monthly distribution, and is now trading near $80, up about 2% over ... This Corporate Bond ETF Is Yielding Above 6% Without The Drama
High-yield bond investors spent much of late March 2026 watching the VIX spike to almost 31 and bracing for a credit selloff that never quite arrived. Instead, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) absorbed the volatility, kept paying its monthly distribution, and is now trading near $80, up about 2% over ... This Corporate Bond ETF Is Yielding Above 6% Without The Drama
iQoncept/iStock via Getty Images Emerging Markets (“EM”) equities showed resilience during a volatile quarter, highlighting the potential benefits of diversification and creating a potential entry point into international assets. Market Review Emerging Markets equities, measured by the MSCI Emerging Markets Index (Net) (“the benchmark”), declined 0.17% in the first quarter, compared to a 4.35% dec...
iQoncept/iStock via Getty Images Emerging Markets (“EM”) equities showed resilience during a volatile quarter, highlighting the potential benefits of diversification and creating a potential entry point into international assets. Market Review Emerging Markets equities, measured by the MSCI Emerging Markets Index (Net) (“the benchmark”), declined 0.17% in the first quarter, compared to a 4.35% decline in the S&P 500 1 . Despite Middle East-led geopolitical volatility, EM assets proved relatively resilient, supported by their diversified composition and allocators’ search for value. Oil prices (measured by Generic 1st ‘CO’ Future) surged 76.49% during the quarter, driving outperformance in commodity-producing countries, particularly energy exporters (outside of the Middle East), while energy-importing countries lagged 2 . Colombia, Peru, and Brazil were among the strongest performers, while Indonesia, India, and the Czech Republic lagged. Mid-quarter pullbacks in Korea, Taiwan, and India were also notable. Despite the geopolitical conflict, the U.S. Dollar Index ( DXY ) strengthened only 1.66%, leaving investors constructive on EM prospects 3 . A potentially dovish Federal Reserve System (Fed), elevated U.S. fiscal spending, and rising political uncertainty could pressure the dollar, which has historically supported EM performance by easing financial conditions, lowering foreign debt burdens, and supporting commodity prices. Attractive valuations, commodity exposure, structural reforms, and ongoing technology demand continued to keep the asset class in focus for allocators. Fund Performance & Attribution EMC returned -2.30% (NAV return) in 1Q 2026 versus -0.17% for its benchmark, for -2.14% of relative underperformance. EMC outperformed broader EM consumer segments, as the MSCI Emerging Markets Consumer Discretionary (Net) and Emerging Markets Consumer Staples (Net) indices declined 11.63% and 4.17%, respectively 5 . On a market price return basis, EMC closed the qua...