Market movers: Stocks seeing action on Wednesday - and why
A survey of North American equities heading in both directions
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A survey of North American equities heading in both directions
(Bloomberg) -- Europe’s unloved oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their dealmaking US peers remains stubbornly wide. Most Read from BloombergIsrael Latest: UN Chief Urges Halt as Hezbollah Clashes FlareAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyChina Repeats Its View That Israel Must Protect
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Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and...
Chief executive John Hess said the deal adds oil fields in Guyana, including more than 11 billion barrels of oil equivalent.