HOUSTON (Reuters) - U.S. refiner Valero Energy Corp ( VLO ) plans to operate its 14 refineries up to 92% of their combined 3.2 million barrel-per-day (bpd) total throughput capacity in the third quarter of 2024, according to plans announced by Homer Bhullar, vice president of investor relations. The San Antonio-based company, which is the second largest U.S. refiner, plans...

11:16 AM EDT, 07/25/2024 (MT Newswires) -- Ducommun ( DCO ) said Thursday its board has rejected an unsolicited revised non-binding indication of interest from Albion River to buy all outstanding shares of Ducommun ( DCO ) for $65 per share in cash. The board concluded that Albion's offer is not in the best interests of the firm to continue...

(Reuters) - Tesla CEO Elon Musk said on Thursday he will discuss a $5 billion investment in artificial intelligence startup xAI, as the electric-vehicle maker looks to double down on efforts to expedite the development of its robotaxi and self-driving products. The ambitious self-driving project has faced numerous technical and legal hurdles in recent years, and the automaker is now...

Dover Corp ( DOV ) reported second-quarter FY24 revenue of $2.178 billion, an increase of 4% Y/Y (+5% Y/Y organic), beating the consensus of $2.148 billion.  Booking increased 15% Y/Y (+16% Y/Y organic) to $2.18 billion, book-to-bill ratio standing at 1.00x. Adjusted EPS was $2.36, up by 15% Y/Y, beating the consensus of $2.21. Segment earnings margin expanded 190 bps Y/Y to 22.1%. Total adjusted segment EBITDA margin...