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Chances of the deal getting blocked are low, in our view, but nothing is ever guaranteed when it comes to mergers and acquisitions. Source link: https://www.cnbc.com/2023/10/16/were-exiting-an-oil-stock-taking-profits-after-a-blockbuster-buyout-announcement.html
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. U.S. stocks climbed higher…
Workers connect drill bits and drill collars used to extract oil in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images After three and a…
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. equities moved lower…
During the October Monthly Meeting , we took questions directly from Investing Club members. Here are Jim Cramer’s and portfolio director Jeff Marks’ responses. Their answers have been edited for…
Truist Securities on Thursday made a “thoughtful” argument in support of Exxon Mobil’s (XOM) decision to acquire Pioneer Natural Resources (PXD), CNBC’s Jim Cramer said. The analysts at Truist upgraded…
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. equities were mixed…
Truist is finding a number of positives in Exxon Mobil ‘s deal to buy Pioneer Natural Resources . Analyst Neal Dingmann upgraded the oil stock to buy from hold, saying…
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference after a Federal Open Market Committee (FOMC) meeting on September 20, 2023 in Washington, DC. Chen Mengtong | China…
Jerome Powell, chairman of the US Federal Reserve, during a roundtable event in York, Pennsylvania, US, on Monday, Oct. 2, 2023. Ryan Collerd | Bloomberg | Getty Images This report…