11:07 AM EDT, 04/26/2024 (MT Newswires) -- Petroleo Brasileiro (PBR) said it has signed contracts for the sale of its entire stake in the mothballed Cherne and Bagre fields in the Campos Basin to Perenco Petroleo e Gas do Brasil for $10 million. Petrobras said $1 million has been paid, with the remainder to be settled at the closing of...

AutoNation Inc ( AN ) stock is trading higher by more than 10.5%, at $177.44 per share on last check Friday. The movement comes on the heels of a reported first-quarter 2024 sales growth of 1% year-on-year to $6.48 billion. That slightly misses the analyst consensus estimate of $6.49 billion. Continued growth in after-sales and increased New Vehicle revenue more...

11:06 AM EDT, 04/26/2024 (MT Newswires) -- The Norfolk Southern ( NSC ) union representing locomotive engineers and other employees will support an alternative slate of seven director candidates activist investor Ancora Holdings is backing to wrest control of the railroad company's board, the International Brotherhood of Teamsters said on Friday. The Brotherhood of Locomotive Engineers and Trainmen is the...

U.S. Silica Holdings, Inc. ( SLCA ) shares are trading higher after the company inked a deal to be acquired by funds managed by affiliates of Apollo Global Management, Inc. ( APO )  for around $1.85 billion. M&A Deal: As per the deal, U.S. Silica ( SLCA ) shareholders will receive $15.50 per share in cash for each share they own, representing an 18.7% premium to its closing share...