News
Important Only
Stocks
PPL rises after partnership with Blackstone to build natural gas stations
** Shares of electric and gas utility PPL PPL.N rise 1.7% to $35.35 ** PPL and Blackstone Infrastructure say they will form a joint venture to build natural gas generation stations in Pennsylvania, aimed at providing power to data centers under long-term energy services agreements** Joint venture - ...Reuters
Tue, Jul 15
Other
Spacex Planning Insider Share Sale That Would Value Company At About $400 Billion, At A Per-Share Price Of $212- Bloomberg News
July 15 (Reuters) - SPACEX PLANNING INSIDER SHARE SALE THAT WOULD VALUE COMPANY AT ABOUT $400 BILLION, AT A PER-SHARE PRICE OF $212- BLOOMBERG NEWSSource text: https://tinyurl.com/56p4rh52Further company coverage: [ ]Reuters
Tue, Jul 15
Other
US auto safety nominee says agency cannot wait for self-driving vehicle issues
WASHINGTON, July 15 (Reuters) - President Donald Trump's nominee to serve as the nation's top auto safety regulator will tell U.S. senators Wednesday that the agency must take an active role in overseeing self-driving vehicles and other new technologies.Jonathan Morrison, who served as chief...Reuters
Tue, Jul 15
Other
US Education Department opens foreign funding probe into University of Michigan
July 15 (Reuters) - The U.S. Department of Education opened a foreign funding investigation into the University of Michigan on Tuesday, saying it found "inaccurate and incomplete disclosures" in a review of the university's foreign reports.As part of the investigation, the department has...Reuters
Tue, Jul 15
Stocks
Why BlackRock Fell Today
Key PointsBlackRock delivered mixed earnings, leading to a sell-off. However, the bottom-line beat means shareholders shouldn't worry. Chalk today's decline up to a routine round of profit-taking after a big recent run. 10 stocks we like better than BlackRock › Shares of BlackRock (NYSE: BLK), the w...The Motley Fool
Tue, Jul 15
Stocks
GLOBAL MARKETS-Equities lose earlier gains and US bond yields rise with inflation in focus
MSCI all country index loses ground after hitting recordUS inflation higher in June but broadly in line with expectations Dollar rises along with US Treasury yields JPMorgan, Citi results beat expectations By Sinéad Carew, Alun John NEW YORK/LONDON, July 15 (Reuters) - MSCI's global equities ...Reuters
Tue, Jul 15
Other
WRAPUP 2-US banking giants reap gains from dealmaking rebound, trading bump
JPMorgan, Citigroup, Wells Fargo increase investment banking revenuesBanks cautious about economic environment and tariffsOptimism grows for resumption of deals after earlier slowdownBy Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK, July 15 (Reuters) - Large U.S. banks expressed optim...Reuters
Tue, Jul 15
Other
FLOIR: Florida property insurance lawsuits down nearly 25% in H1
July 15 - (The Insurer) - The Florida Office of Insurance Regulation has expressed increased confidence in the state’s property insurance market, citing positive impacts from reforms enacted between 2019 and 2023, according to a new report from the regulator. The latest Property Insurance Stability ...Reuters
Tue, Jul 15
Commodities
Venture Global proposes larger expansion at Plaquemines LNG facility, filing shows
By Curtis WilliamsHOUSTON, July 15 (Reuters) - Venture Global VG.N wants to expand its Plaquemines LNG export facility by 24.8 million metric tons per annum (mtpa), almost 6 mtpa more than it originally proposed just four months ago, according to a regulatory filing issued late on Monday.Venture Glo...Reuters
Tue, Jul 15
Commodities
US natgas prices edge higher as traders eye warm weather forecast despite ample supply
NHC sees 40% chance of Gulf of Mexico storm over next weekWeather to remain hotter than normal through late JulyGas stockpiles seen around 6% over normal levels and growingBy Noel John and Scott DiSavino July 15 (Reuters) - U.S. natural gas futures rebounded to a near two-week high on Tuesday...Reuters
Tue, Jul 15
Commodities
CBOT wheat sets two-week low as US harvest progresses
CHICAGO, July 15 (Reuters) - Chicago Board of Trade wheat futures touched a two-week low on Tuesday under pressure from U.S. harvests that were bringing in fresh supplies, analysts said.The nation's winter wheat harvest was 63% complete as of Sunday, with farmers in top-producing state Kansas 93...Reuters
Tue, Jul 15
Other
XPT Specialty adds RPS’s Lemonte as a broker and underwriter
By Mia MacGregorJuly 15 - (The Insurer) - Wholesale broker XPT Specialty has appointed Patrick Lemonte from Risk Placement Services as a broker and underwriter. Based in the Denver area, Lemonte joins after nine years at RPS, most recently serving as a senior undewriter and broker. He brings over tw...Reuters
Tue, Jul 15
Commodities
Goldman Sachs Expects One Big Beautiful Bill Act To Have Limited Impacts On Renewable Power Developments Until 2030
July 15 (Reuters) - GOLDMAN SACHS:SAYS IT EXPECTS THE RECENTLY ENACTED ONE BIG BEAUTIFUL BILL ACT TO HAVE LIMITED IMPACTS ON RENEWABLE POWER DEVELOPMENTS UNTIL 2030Reuters
Tue, Jul 15
Commodities
Blackstone and US utility PPL to build gas power plants in JV partnership
By Laila Kearney, Sumit Saha July 15 (Reuters) - Pennsylvania electric and gas utility PPL PPL.N and Blackstone Infrastructure have formed a joint venture to build natural gas generation stations to power data centers under long-term energy services agreements, the companies said on Tuesday. "...Reuters
Tue, Jul 15
Stocks
PREVIEW: Goldman Sachs Q2 EPS, revenue expected to rise
** Goldman Sachs GS.N shares down 1.5% to $702.54 ahead of Q2 earnings due before the opening bell on Wednesday** The bank is expected to post EPS of $9.53 on revenue of around $13.46 bln, per LSEG data, vs yr-ago results of $8.62 per share and $12.73 bln in revenue** GS has met or topped revenue ex...Reuters
Tue, Jul 15
