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Chevron Acquires Lithium-Rich Acreage in Strategic Expansion
ZACKS· 2025-06-18 13:06
Key Takeaways CVX acquires 125,000 net acres in Smackover to launch its first domestic lithium operation. The deal includes assets from TerraVolta Resources and East Texas Natural Resources. CVX aims to use direct lithium extraction for faster, cleaner lithium production.Chevron Corporation’s (CVX) subsidiary, Chevron U.S.A. Inc., has significantly advanced its clean energy roadmap through the acquisition of approximately 125,000 net acres of leasehold positions across the Smackover Formation in Northeast ...
Petrobras Invests $892M to Double Capacity at RNEST Refinery
ZACKS· 2025-06-18 13:06
Key Takeaways PBR invests $892M to complete Train 2 at RNEST, doubling capacity to 260,000 bpd by 2029. New units will boost the output of cleaner fuels and support Brazil's energy, jobs and growth goals. RNEST's Train 1 was modernized in 2025, restoring full capacity and boosting light product yield.Petróleo Brasileiro S.A. - Petrobras (PBR) has signed three major contracts worth around $892 million with Consag Engenharia to complete Train 2 at the Abreu e Lima Refinery (RNEST) in Pernambuco, Brazil. The ...
City of Oakland Partners with Verra Mobility to Save Lives with Speed Safety Program
Prnewswire· 2025-06-18 13:05
Speed safety technology to be deployed along 18 high-risk corridorsMESA, Ariz., June 18, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced the approval from Oakland's City Council to deliver, operate, and maintain a speed safety program across the city. This will be the second speed safety program in the state of California that utilizes advanced automated technology to help curb speeding issues. With this new safety program, ...
Solar Selloff Deepens: Sunrun Stock Eyes 6-Year Lows
Schaeffers Investment Research· 2025-06-18 13:04
Sunrun Inc (NASDAQ:RUN) stock is down 1.9% before the bell, extending Tuesday’s historic rout in the solar sector. RUN's slide follows an RBC Capital Markets downgrade to “sector perform” from “outperform,” alongside a drastic price-target cut to $5 from $12, as analysts note mounting pressure across the alternative energy space.RUN plunged 40% yesterday — its worst single-session drop on record. The shares hit their lowest level since 2018 last session before paring losses, and are eyeing those levels once ...
GRAIL Announces Positive Top-Line Results From The Galleri® PATHFINDER 2 Registrational Study
Prnewswire· 2025-06-18 13:01
Cancer Detection and Positive Predictive Value Substantially Higher Than the Previously Published PATHFINDER StudyMENLO PARK, Calif., June 18, 2025 /PRNewswire/ -- GRAIL, Inc. (Nasdaq: GRAL), a healthcare company whose mission is to detect cancer early when it can be cured, today announced positive top-line performance and safety results from the pre-specified analysis of the first 25,578 participants in GRAIL's registrational PATHFINDER 2 study. PATHFINDER 2 was initiated in 2021 to evaluate the safety and ...
Archer Aviation: What's Happening With ACHR Stock?
Forbes· 2025-06-18 13:00
CANADA - 2025/05/13: In this photo illustration, the Archer Aviation logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesArcher Aviation (NYSE: ACHR) is making substantial progress in the evolving electric vertical take-off and landing (eVTOL) sector, reflected in its stock's over 200% surge in the past year. This upward trend is fueled by rising demand for its Midnight air taxi and stra ...
Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner
GlobeNewswire News Room· 2025-06-18 13:00
Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by Ernst & Young LLP (EY US). The prestigious program recognizes visionary leaders of companies who ...
Kodiak Selects Roush as Manufacturing Partner to Upfit Kodiak Driver-Equipped Trucks
Prnewswire· 2025-06-18 13:00
Kodiak expects its collaboration with Roush will enable it to scale the deployment of Kodiak Driver-equipped trucks beginning in the second half of 2025       MOUNTAIN VIEW, Calif. and LIVONIA, Mich., June 18, 2025 /PRNewswire/ -- Kodiak Robotics, Inc. ("Kodiak"), a leading provider of AI-powered autonomous vehicle technology, and Roush Industries, Inc. ("Roush"), a leading product development supplier serving the mobility, aerospace, defense, and theme park industries, today announced that the companies wi ...
WOW! Marks Entrance into East Central Michigan with $10,000 Donation to Livingston County Habitat for Humanity for Veteran Home Repair Project
Prnewswire· 2025-06-18 13:00
Funds supported WOW! volunteer efforts to replace flooring and doorway for local homeownerHARTLAND, Mich., June 18, 2025 /PRNewswire/ -- WOW! Internet, TV & Phone (NYSE: WOW) a leading broadband services provider, today announced the company has made a $10,000 donation to Livingston County Habitat for Humanity, a nonprofit organization whose mission is to bring people together to build homes, communities and hope. The donation follows the recent launch of WOW!'s all-fiber internet services in Brighton, Mich ...
Can DE Weather the Persistent Weakness in Equipment Volumes?
ZACKS· 2025-06-18 12:55
Key Takeaways DE's Agricultural & Turf segment has posted eight straight quarters of volume contraction. DE expects 2025 large ag equipment sales in the US and Canada to drop 30% year over year. Construction equipment orders at DE are also under pressure from trade uncertainty and high interest rates.Deere & Company (DE) continues to grapple with persistent volume pressures in its equipment operations, marking eight consecutive quarters of decline. The most pronounced weakness was noted in the Agricultura ...