Seadrill restructuring behind it and already reflected in estimates. The firm thinks SFL boasts ample liquidity to start pursuing attractive acquisition opportunities to grow its distributable cash flow, and current backlog provides cash flow visibility and dividend support. 1 to 1,060 following last week’s surge of 13, according to Baker Hughes’ latest weekly survey. Oil rigs added 2 to 861 – the highest figure in more than three years – forex market news mt55 gas rigs fell by 1 to 197 and two rigs remained classified as miscellaneous.
A year ago at this time, the overall rig count was 916, oil rigs totaled 733 and gas rigs were 182. The closely watched talks come a year after a failure to reach a labor deal at the mine led to a 44-day strike, which ended after workers invoked a legal provision allowing them to extend their existing contract by 18 months, through July 31, 2018. 1-for-20 reverse stock split approved by stockholders at the May 30 annual meeting, and shares will trade on a split-adjusted basis beginning June 4. Gevo says the move is intended to raise the stock price in order to maintain its Nasdaq listing. Driefontein gold mine, where seven workers died last month in a cave-in following a seismic event. Just last week, another mineworkers union accused SBGL of knowingly placing its employees at risk in unsafe conditions underground. A Bigger Tech Bubble Today Than The One In 2000?
Berkshire Hathaway executive Brian Valentine as its new CFO. Valentine has served as Corporate VP and CFO for Berkshire subsidiary Lubrizol since 2011, and has more than 20 years of senior management experience. VP and Corporate Controller Anne Rex was serving as interim CFO. VP of Corporate Development Bill Heissenbuttel as its new CFO. RGLD says current CFO Stefan Wenger, who joined the company in 2003, will leave in the near future to pursue other interests. Sons, ABN AMRO Bank and Chemical Bank Manufacturers Hanover.
CNBC’s Jim Cramer calls the company the “single biggest beneficiary” of the Trump administration’s tariffs on imported steel and aluminum. Trump’s tariff decision means for the market, I think you are being given a gift here,” Cramer says of NUE. NUE “has done everything it can to lower the cost of its raw product and improve its manufacturing expense. It is the most efficient steel maker on earth,” Cramer says. 2018 than it did for all of last year, Bloomberg reports, citing people familiar with the matter. A strong global economy, increased demand for some commodities and unusually cold late winter weather in parts of Europe and the northeast U.