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MEG Energy urges investors to reject Strathcona's sweetened bid, backs Cenovus deal
Reuters· 2025-09-15 12:16
Canadian oil sands producer MEG Energy on Monday urged shareholders to reject the sweetened takeover bid from its majority stakeholder Strathcona Resources , and reaffirmed support for sale to Cenovus... ...
California Resources to merge with Berry Corp in $717 million deal
Reuters· 2025-09-15 12:16
Group 1 - California Resources is acquiring Berry Corp in an all-stock deal valued at approximately $717 million, including debt [1] - The acquisition reflects California Resources' strategy to expand its portfolio in the oil production sector [1] - The deal signifies a consolidation trend within the U.S. energy industry, particularly among smaller oil producers [1] Group 2 - The transaction highlights the ongoing interest in mergers and acquisitions as companies seek to enhance operational efficiencies and market presence [1] - The valuation of Berry Corp at $717 million indicates a significant investment in the current energy market [1] - This acquisition may lead to potential synergies and cost savings for California Resources, enhancing its competitive position [1]
Wall Street Has a Mixed Opinion on Ambev S.A (ABEV), Here’s Why
Yahoo Finance· 2025-09-15 12:15
Ambev S.A (NYSE:ABEV) is one of the Best Low Cost Stocks to Buy According to Analysts. Wall Street has a mixed opinion on Ambev S.A (NYSE:ABEV) after the company missed revenue estimates for its fiscal second quarter of 2025. The company delivered $3.59 billion in revenue, which grew around 2.65% year-over-year but fell short of expectations by $250.95 million. The EPS of $0.03 stayed in line with the consensus. Management noted that its total organic volumes decreased by 4.5% year-over-year due to indust ...
ONEOK (OKE) Announces a New Gas Pipeline
Yahoo Finance· 2025-09-15 12:15
ONEOK, Inc. (NYSE:OKE) is one of the Best Low Cost Stocks to Buy According to Analysts. On August 25, ONEOK, Inc. (NYSE:OKE), along with WhiteWater, MPLX, and Enbridge, announced a new natural gas pipeline called the Eiger Express. The pipeline is expected to transport gas from the Permian Basin in West Texas to the Houston area and Corpus Christi markets in Texas. It is about 450 miles long and 42 inches in diameter, and can carry up to 2.5 billion cubic feet of natural gas per day. Management noted th ...
Deep Blue to Acquire Environmental Disposal Systems from Diamondback Energy (FANG)
Yahoo Finance· 2025-09-15 12:15
Diamondback Energy, Inc. (NASDAQ:FANG) is one of the Best Low Cost Stocks to Buy According to Analysts. On September 2, the company announced that Deep Blue will acquire Environmental Disposal Systems, LLC from Diamondback in a deal valued at $750 million. The acquisition is expected to nearly double Deep Blue’s size, and as part of the agreement, Diamondback Energy, Inc. (NASDAQ:FANG) renewed a 15-year agreement for produced and supplied water within a 12-county area in the Midland Basin. Diamondback wil ...
Leerink Partners Maintains a Buy Rating on Sanofi (SNY)
Yahoo Finance· 2025-09-15 12:15
Sanofi (NASDAQ:SNY) is one of the Best Low Cost Stocks to Buy According to Analysts. On September 6, Leerink Partners analyst David Risinger maintained a Buy rating on Sanofi (NASDAQ:SNY) without a price target. The analyst acknowledged the challenges faced by the company with Amlitelimab in its Phase 3 trial, as the results did not meet the high benchmark set by Dupixent. However, Risinger noted that Amlitelimab can still achieve its primary and secondary endpoints, showing promise as a second-line treat ...
Fiserv (FI) to Acquire CardFree
Yahoo Finance· 2025-09-15 12:15
Fiserv, Inc. (NYSE:FI) is one of the Best Low Cost Stocks to Buy According to Analysts. On September 4, Fiserv, Inc. (NYSE:FI) announced the acquisition of CardFree, a platform offering order, payment, and loyalty solutions for merchants. Management noted that this acquisition is aimed at enhancing Clover’s point-of-sale system, which is widely regarded as one of the smartest in the market. CardFree’s technology will be fully integrated into both Clover and Commerce Hub ecosystems. This integration is exp ...
BMO Capital Maintains a Buy on Regeneron Pharmaceuticals (REGN)
Yahoo Finance· 2025-09-15 12:15
Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is one of the Best Low Cost Stocks to Buy According to Analysts. On September 8, Evan Seigerman from BMO Capital maintained a Buy rating on Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) with a price target of $640. The analyst noted that his rating is based on the strong results from Phase 3 trials for the company’s cat and birch allergy antibody cocktails. The results showed significant symptom reduction with key improvements seen in ocular itch, redness, and ...
Jefferies Raises PT on PG&E Corporation (PCG), Keeps a Buy
Yahoo Finance· 2025-09-15 12:15
PG&E Corporation (NYSE:PCG) is one of the Best Low Cost Stocks to Buy According to Analysts. On September 2, Jefferies analyst Julien Dumoulin-Smith maintained a Buy rating on PG&E Corporation (NYSE:PCG) while raising the price target from $19 to $22. The analyst noted the leaked wildfire bill was added to SB254, which was a securitization bill and was paused at third reading in the Assembly. He noted that the arrival of this bill strengthens investor confidence for companies like PG&E Corporation (NYSE:P ...
UK faces sewing machinist shortage amid secondhand market boom
Yahoo Finance· 2025-09-15 12:15
UK government statistics reveal that since the inception of the Level 2 Sewing Machinist Apprenticeship in 2018, only 130 individuals have embarked on the programme. This figure is in contrast with the projected expansion of Europe's secondhand goods sector, which is anticipated to balloon to £86bn ($117.06bn) over the next decade, according to Future Market Insights data. The expected apprentices for the programme were 450 in the first year alone in England, followed by 400 annually thereafter, accordin ...