Occidental Petroleum Corporation ( OXY ) shares are trading lower on Friday after the company announced that it has signed a framework agreement with XRG, the investment arm of ADNOC, to explore a potential joint venture aimed at building a Direct Air Capture facility in South Texas. Under the agreement, XRG may invest as much as $500 million in a...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

11:48 AM EDT, 05/16/2025 (MT Newswires) -- H&R Real Estate Investment Trust reported steady first-quarter results, notes BMO. Analyst Tom Callaghan adds that improving U.S. sunbelt multifamily fundamentals and the potential execution of chunkier asset dispositions over the next 12 months could serve as catalysts for the units. At the same time, an undemanding valuation (8.4% implied cap rate) drives...

11:52 AM EDT, 05/16/2025 (MT Newswires) -- Coinbase (COIN) is offering a buying opportunity following a stock sell-off over a cyberattack and a media report about a probe into a users metric, Oppenheimer said in a Thursday note. Cyberattack and SEC's investigation headlines offer buying opportunity, Oppenheimer analysts said. We believe the sell-off is overdone and reiterate our outperform rating....