Three judges are facing misconduct allegations in three different states, putting pressure on the federal judiciary's system for policing bad behavior in its own ranks. (Image credit: Elijah Nouvelage/Bloomberg via Getty Images)
Three judges are facing misconduct allegations in three different states, putting pressure on the federal judiciary's system for policing bad behavior in its own ranks. (Image credit: Elijah Nouvelage/Bloomberg via Getty Images)
A continuing rout in precious metals stocks again put the hurt on Hecla Mining 's (NYSE: HL) shares on Tuesday. The company, which considers itself the largest primary silver miner in North America and also produces gold, continued to be affected by recent softness in the spot prices of its favored metals, and its stock fell by nearly 3% that trading session as a result. Silver, gold, and other pr...
A continuing rout in precious metals stocks again put the hurt on Hecla Mining 's (NYSE: HL) shares on Tuesday. The company, which considers itself the largest primary silver miner in North America and also produces gold, continued to be affected by recent softness in the spot prices of its favored metals, and its stock fell by nearly 3% that trading session as a result. Silver, gold, and other precious metals had been in something of a holding pattern since mid-May, but this changed last Friday with the release of the latest monthly national employment statistics released by the federal government. These revealed that the tally for new, non-farm jobs created was 172,000, more than double the Dow Jones estimate. Image source: Getty Images. Continue reading
sharply_done/E+ via Getty Images Devon Energy ( DVN ) provided a full-year forecast post-market Tuesday to reflect its takeover of Coterra Energy, saying it expects FY 2026 production to average 1.38M boe/day, including oil volumes of 500K bbl/day. Devon ( DVN ) also guided for FY 2026 capital spending of ~$4.9B, with more than 60% allocated to the Permian Basin, reflecting activity of 31 rigs...
sharply_done/E+ via Getty Images Devon Energy ( DVN ) provided a full-year forecast post-market Tuesday to reflect its takeover of Coterra Energy, saying it expects FY 2026 production to average 1.38M boe/day, including oil volumes of 500K bbl/day. Devon ( DVN ) also guided for FY 2026 capital spending of ~$4.9B, with more than 60% allocated to the Permian Basin, reflecting activity of 31 rigs and 10 completion crews, with 460-480 net wells expected online. The company also said it is targeting the return of up to 70% of free cash flow to shareholders, through a quarterly fixed dividend of $0.32/share and its previously announced $8B stock buyback authorization. Devon ( DVN ) said it is accelerating synergy capture, expecting to capture $600M in 2027 while on track to deliver $1B of annual pretax synergies on a run-rate basis by year-end 2027. "We are carrying a sense of urgency into all aspects of our business, including integration, execution, and our portfolio review," Devon Energy ( DVN ) President and CEO Clay Gaspar said. "Today's guidance underscores the strength of our newly combined platform as one of the largest and most efficient E&P companies."
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Amerant Investments Senior Vice President & Chief Investment Officer Baylor Lancaster-Samuel, Mizuho Americas Head of Investment & Corporate Banking Michal Katz, Evercore Co-Head of Us Investment Banking Naveen Nataraj, IBM CE...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Amerant Investments Senior Vice President & Chief Investment Officer Baylor Lancaster-Samuel, Mizuho Americas Head of Investment & Corporate Banking Michal Katz, Evercore Co-Head of Us Investment Banking Naveen Nataraj, IBM CEO Arvind Krishna, Uniphore CEO & Co-Founder Umesh Sachdev, Schwab Center for Financial Research’s Kevin Gordon, AlphaSimplex Chief Research Strategist Katy Kaminski, FIS President & CEO Stephanie Ferris, Lumentum Holdings CEO Michael Hurlston, & FIFA World Cup North Texas Organizing Committee Co-Chair Dan Hunt, Bruin Capital Founder & CEO George Pyne. (Source: Bloomberg)
The US expects to complete President Donald Trump’s long-promised southern border wall by late 2027, Customs and Border Protection (CBP) Commissioner Rodney Scott said Tuesday. The barrier along the US-Mexico border is made of reinforced metal beams and is intended to run from San Diego to the Gulf of Mexico, except in selected areas “where we’ve made a conscious decision that we don’t need it”, S...
The US expects to complete President Donald Trump’s long-promised southern border wall by late 2027, Customs and Border Protection (CBP) Commissioner Rodney Scott said Tuesday. The barrier along the US-Mexico border is made of reinforced metal beams and is intended to run from San Diego to the Gulf of Mexico, except in selected areas “where we’ve made a conscious decision that we don’t need it”, Scott said at the Centre for Immigration Studies event in Washington. “The primary border wall will...
Most people don't think about Oracle the way they think about Nvidia or Broadcom. It doesn't have the same flashy artificial intelligence (AI) narrative. It started as a CIA database project in 1977. For decades, it was the unglamorous but indispensable backbone of enterprise computing. Then the ...
Most people don't think about Oracle the way they think about Nvidia or Broadcom. It doesn't have the same flashy artificial intelligence (AI) narrative. It started as a CIA database project in 1977. For decades, it was the unglamorous but indispensable backbone of enterprise computing. Then the ...