Glenrock Gazette
Greenbrier Shares Decline Greenbrier Shares Decline
BlackRock, KKR Acquire 40% Stake in ADNOC Oil Pipelines Stock market ticker wall in yellow with various numbers and graphs
Natural Gas Edges Down Natural Gas Edges Down
Oracle Quarterly Earnings Beat Guidance Oracle Quarterly Earnings Beat Guidance

Latest News

Greenbrier Shares Decline

Greenbrier Shares Decline

Shares of Greenbrier (GBX) were sharply lower on Tuesday after the transportation manufacturing company posted third-quarter results that missed analysts’ estimates amid continued weakness in its railcar repair business and a delayed rail concession renewal process in Brazil. The Lake Oswego, Ore.-headquartered company, which manufactures gondolas, boxcars, railcars and tank cars, reported third-quarter revenue of $856.2 million in the three […]

Stock market ticker wall in yellow with various numbers and graphs

BlackRock, KKR Acquire 40% Stake in ADNOC Oil Pipelines

Abu Dhabi National Oil Company (ADNOC) said early on Thursday that it had closed an infrastructure investment agreement under which BlackRock (BLK), the world’s largest asset manager, and a US-based private equity firm KKR (KKR) would purchase a 40% stake in an oil pipeline entity for $4 billion. The company said in a statement that the deal would see BlackRock […]

Natural Gas Edges Down

Natural Gas Edges Down

Natural gas edged down early on Tuesday, remaining near three-year lows as weather demand remains low and production flows to storage. Gas for July delivery was last seen down US$0.02 to US$2.28 per million British thermal units in Nymex electronic trade. Temperatures are rising in the U.S. South and Midwest, potentially raising cooling demand as air-conditioning use climbs. Mild weather […]

Oracle Quarterly Earnings Beat Guidance

Oracle Quarterly Earnings Beat Guidance

Oracle (ORCL) posted double-digit growth in fiscal fourth-quarter adjusted earnings after markets closed on Wednesday beating market expectations, as a shift from commodity hardware to cloud applications propelled operating margin to the highest level in five years. Group sales rose to $11.14 billion during the three months that ended May 31, from $11.01 billion a year ago, as the Fusion […]

Eurozone First-Quarter Wages Grow

Eurozone First-Quarter Wages Grow

Eurozone hourly wages increased at the fastest pace since 2010 in the first quarter, the European Union’s statistics office said on Monday. Nominal wages and salaries per hour climbed by 2.5% year-on-year in the three months that ended March 31, according to a report from Eurostat. In the previous quarter, the rate of growth was 2.3%. Wages and salaries increased […]

Stock market ticker wall in yellow with various numbers and graphs

European ADRs Climb Higher in Tuesday Trading

American depositary receipts of European stocks were trading 0.75% higher at 1,047.59 on the BNY Mellon Europe Select ADR Index on Tuesday. In continental Europe, the gainers were led by biopharmaceutical company MorphoSys (MOR) and network infrastructure operator Nokia (NOK), which rose 4.7% and 3.8% respectively. They were followed by semiconductor company STMicroelectronic (STM) and medical device maker Edap (EDAP), […]

(AP)
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Traders work the floor at the New York Stock Exchange, Thursday, Feb. 9, 2017. (AP Photo/Mark Lennihan)

Bond Prices Rise as Safety-Buying Resumes

US Treasury prices rallied Thursday with the long bond leading while the 2-year dragged as risk-off trades resumed, but prices were off the highs. Trade uncertainties remain supportive of safety-buying along with hopes for central bank accommodation, as equities also posted modest gains. The 10-year yield was near 2.105% from 2.123% Wednesday and the 2-year unchanged near 1.84%. Core European […]

Uber May Be Ordered By India To Make Fleets 40% Electric By 2026

Uber May Be Ordered By India To Make Fleets 40% Electric By 2026

Uber (UBER), the ride-service, and other ride-aggregators may be required by India to have fleets that have a minimum of 40% electric vehicles by 2026, reported Reuters. Under proposed rules Uber, backed by Japan’s Softbank, would be required to have a fleet that is 2.5% electrified by 2021, 5% by 2022, and 10% by 2023 before rising to 40% by […]

Toyota Opens Lexus Intersect Concept Store...A woman walks past an electronic monitor displaying graphs of Japan's various stock indices outside a securities firm in Tokyo, Japan, on Friday, Aug. 23, 2013. Japanese shares rose, with the Topix index halting three days of losses, as exporters advanced after the yen weakened against the dollar. Photographer: Yuriko Nakao/Bloomberg

Athenex Reports Positive Early Signals of Clinical Trial of Tirbanibulin With Psoriasis Patients

Athenex (ATNX) and biopharmaceutical company PharmaEssentia Corp. (TWSE:6446) on Thursday outlined positive early signals in patients with psoriasis who were treated with KX2-391 (INN:tirbanibulin) 1% ointment once a day for five days in a phase 1 clinical trial. The study involved six patients with mild to moderate psoriasis. All patients showed some improvement after the treatment, the companies said. The […]