ExxonMobil Brings Fourth FPSO Online, Boosts Stabroek Block Output
ZACKS· 2025-08-11 15:06
Group 1 - Exxon Mobil Corporation has commenced production at the Yellowtail development in the Stabroek Block, offshore Guyana, with the One Guyana FPSO contributing to a total capacity exceeding 900,000 barrels of oil per day [1][9] - The One Guyana FPSO, the largest in the Stabroek Block, has a production capacity of approximately 250,000 barrels per day and can store up to 2 million barrels of crude [2] - The start of production from the fourth FPSO is a significant milestone for ExxonMobil and its partners, moving closer to a target production capacity of 1.7 million barrels of oil equivalent per day by 2030 [4] Group 2 - The Stabroek Block is operated by a consortium including ExxonMobil, Hess Corporation, and China's CNOOC, with Chevron Corporation now having access to its vast reserves following the acquisition of Hess [3] - The crude oil produced from the One Guyana FPSO will be marketed as "Golden Arrowhead" crude [3] - The Stabroek Block has become one of the most prolific hydrocarbon-producing regions in Latin America, significantly enhancing profits for ExxonMobil and its partners [4]
NTG Nordic Transport Group publishes interim report for H1 2025
Globenewswire· 2025-08-11 15:05
Group 1 - NTG Nordic Transport Group published its interim report for H1 2025 [1] - A conference call regarding the results will be held on 12 August 2025 at 10:00 AM CEST [1] - The conference call will be conducted in English and can be accessed via NTG's website [1] Group 2 - Contact information for investor relations and press inquiries is provided, including the head of investor relations, Sebastian Rosborg [2] - Additional attachments include the NTG Interim Report H1 2025 and Company announcement no. 9 2025 [2]
Global regulations driving norms in US pay transparency practices, most employers plan to share pay ranges with employees
Globenewswire· 2025-08-11 15:05
Core Insights - US companies are increasingly adopting pay transparency despite regulatory complexities introduced by recent executive orders and EU directives [1][2] - The 2025 Pay Transparency Survey by WTW indicates that 82% of US companies are communicating or planning to communicate individual pay ranges to employees, and 79% are doing the same for external candidates [2] Regulatory and Cultural Drivers - The shift towards pay transparency is driven by growing regulatory requirements (72%), company values and culture (44%), and employee expectations (41%) [2] - One-third (32%) of organizations have publicly shared a narrative on pay equity, with 20% doing so for pay transparency [3] Current Practices and Challenges - Less than half of employers share how individual base pay is determined, and even fewer convey how pay ranges are designed and managed [4] - Organizations anticipate that sharing pay ranges will lead to more questions about compensation from both managers (70%) and employees (68%) [5] Education and Metrics - Currently, organizations are more likely to educate senior leaders and managers on pay than employees, but they plan to increase employee education in the future [5] - Just over half (56%) of companies use metrics to measure the impact of pay transparency, with the adjusted gender pay gap being the most prevalent metric [6] Technology Adoption - Despite interest in pay transparency, most employers are not utilizing AI technology to support their pay programs, with only 15% planning to use AI for communication of pay information [7] - Barriers to AI adoption include data privacy concerns, compliance risks, and integration challenges with HR systems [7] Global Approach and Communication - Organizations are planning a global approach to pay program communication, necessitating a clear and consistent disclosure strategy [8] - Building employee trust and educating stakeholders are critical components of effective communication regarding pay transparency [8] Survey Details - The 2025 Pay Transparency Survey was conducted in June 2025, with 388 respondents from the US and 1,915 globally [9]
TRNO on a Selling Spree: Disposes of Another Asset in California
ZACKS· 2025-08-11 15:01
Key Takeaways Terreno Realty sold a 2.3-acre leased Santa Fe Springs property for $11M on Aug. 7, 2025.The asset, bought in 2018 for $6.4M, delivered a 13.2% unleveraged internal rate of return.Recent sales and a 6.1% dividend hike highlight the REITs portfolio optimization strategy.Terreno Realty Corporation (TRNO) announced the disposition of an industrial property located in Santa Fe Springs, CA. The sale was carried out on Aug. 7, 2025, for approximately $11 million. This move highlights the company’s s ...
Vanguard's VOO Becomes First ETF to Cross $700B
ZACKS· 2025-08-11 15:01
This year has been a landmark year for Vanguard S&P 500 ETF (VOO) . After dethroning the SPDR S&P 500 ETF Trust (SPY) earlier in 2025 as the world’s largest ETF, VOO has now set another record, becoming the first ETF in history to top $700 billion in AUM.VOO’s AUM currently stands at roughly $709 billion, outpacing SPY’s $647.7 billion and iShares Core S&P 500 ETF (IVV) at $645 billion, according to ETF.com. The lead has widened steadily in 2025, fueled by heavy inflows (read: U.S. Equity ETF Demand Surged ...
Best Momentum Stocks to Buy for August 11th
ZACKS· 2025-08-11 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 11th:Tutor Perini Corporation (TPC) : This construction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 55.4% over the last 60 days.Tutor Perini’s shares gained 60.7% over the last three months compared with the S&P 500’s advance of 9.4%. The company possesses a Momentum Score of A.Gilat Satellite Networks Ltd. (GILT) : This satellit ...
Palo Alto Networks (PANW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-08-11 15:01
Palo Alto Networks (PANW) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended July 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on August 18, might help the stock move higher if these key numbers are better than ex ...
Bit Digital, Inc. (BTBT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2025-08-11 15:01
Wall Street expects a year-over-year decline in earnings on lower revenues when Bit Digital, Inc. (BTBT) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...
Tabnine Powers Smarter, More Efficient AI Agents With NVIDIA Nemotron Models
GlobeNewswire News Room· 2025-08-11 15:01
TEL AVIV, Israel, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Tabnine, the originator of AI-powered software development, today announced support for the newly announced NVIDIA Nemotron reasoning models as Tabnine continues to bring the best models to its customers while meeting enterprise needs for accuracy, efficiency, and control. The new Nemotron reasoning models enable more intelligent, scalable, and cost-efficient enterprise applications join Tabnine’s growing gallery of supported models. Nemotron offers a high ...
Morgan Stanley Says Mining Stock Could Benefit From Tariffs
Schaeffers Investment Research· 2025-08-11 14:56
Core Viewpoint - Morgan Stanley upgraded Freeport-McMoRan Inc (NYSE:FCX) to "overweight" from "equal weight," while reducing its price target to $48 from $54, indicating a belief in balanced potential for the mining stock due to President Trump's copper tariffs [1] Group 1: Stock Performance - FCX was down 1.1% trading at $41.41, facing resistance at the 320-day moving average, which has fluctuated between support and resistance since the beginning of the year [2] - The stock has increased by 9.1% since the start of the year, despite a decline in late July related to initial copper tariff discussions [2] Group 2: Short Interest and Options - Recent stock rebound may be linked to short covering, with short interest decreasing by 24.5% in the last two weeks, now representing only 1.7% of the stock's available float, suggesting a potential loss of momentum in the short squeeze [3] - Options appear to be a favorable strategy, as the stock's Schaeffer's Volatility Index (SVI) of 35% ranks in the low 6th percentile of its annual range [3]