Category: Margins
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Green Plains rated Buy at Jefferies, seeing likely H2 rebound for ethanol margins
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JJ Gouin/iStock via Getty Images Green Plains (NASDAQ:GPRE) gets a Buy rating and a $28 price target from Jefferies, which says it expects to see profitability return for ethanol producers over the rest of this year, given expected North American corn yields and lower Corn and natural gas prices. Green…
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U.S. refiners cutting Q3 output across the board on weaker margins, plant overhauls
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SlavkoSereda/iStock via Getty Images Crude oil futures rose for a fourth straight session on Friday and posted their first weekly gain in five weeks, supported by tightening inventories, especially in the United States, and a fundamental risk premium around tensions in the Middle East. Analysts said A drop in initial…
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Chevron reports Q2 earnings miss on weak refining margins By Reuters
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Written by Sabrina Valli and Merinalika Roy (Reuters) – Chevron Corp on Friday reported second-quarter earnings that missed Wall Street estimates due to industry-wide pressure from lower refining margins and prices, sending its shares down 1.5 percent in premarket trading. The company had earlier warned that oil production would decline…
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Musk Says His $56 Billion Pay at Tesla Is Passing by ‘Wide Margins’
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(Bloomberg) – Elon Musk said late Wednesday in the United States that two major proposals to re-certify his salary package and move Tesla Inc.’s legal headquarters are in the works. To Texas from Delaware they currently pass by a “wide margin.” Most read from Bloomberg The preliminary results are great…
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Musk says Tesla shareholder vote for $56 billion pay package passing by wide margins By Reuters
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(Reuters) – Tesla (NASDAQ:) shareholder decisions on CEO Elon Musk’s pay package and its move to move legal headquarters to Texas are currently passing by wide margins, Musk said in a post on social media platform X on Wednesday. Electric car maker Tesla shareholders are voting on a proposal to…
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Calavo Growers soars after avocado margins impress in FQ2
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Yaghi Studio/Digital Vision via Getty Images calavu farmers (Nasdaq: CVGW) in early trading Tuesday after it beat estimates for fiscal second-quarter earnings due to improved prices and margins in its core avocado business. It was also noted that the tomato portfolio has improved sequentially and compared to last year. the…