ExxonMobil Shares Explode on Strong Earnings Report

ExxonMobil Shares Explode on Strong Earnings Report

Shares of Exxon Mobil Corp. were skyrocketing over 3% earlier this month ahead of the bell, when the oil giant reported fourth quarter financial results. For the quarter, Exxon Mobil reported a profit that came ahead of expectations, but revenue...
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Occidental Petroleum Corp. To Spend $4.5 Billion This Year

Occidental Petroleum Corp. To Spend $4.5 Billion This Year

Houston-based Occidental Petroleum Corp. is planning to cut back $500 million on its spending this year. The company said it plans to spend $4.5 billion in 2019. “By maximizing efficiencies, we are reducing spending to adjust to a lower oil...
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Bitcoin Exchange Coinbase Acquires Blockchain Intelligence Startup Neutrino

Bitcoin Exchange Coinbase Acquires Blockchain Intelligence Startup Neutrino

U.S.-based digital asset platform Coinbase has acquired Neutrino, a blockchain intelligence startup that is a rival to Chainalysis. There were no details about the cost of the acquisition, but the move was in Coinbase’s effort to enhance its compliance e...
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AngloGold Ashanti Reports Explosive Full Year Earnings

AngloGold Ashanti Reports Explosive Full Year Earnings

South Africa’s AngloGold Ashanti Ltd. reported its full year profit recently and revealed that it had jumped over sevenfold compared to 2017 after excluding some one-time items. The higher earnings were boosted by lower amortisation after the closure and...
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