12:00 PM EDT, 05/16/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 14.83, Change: -0.12, Percent...

Crescent Energy Co ( CRGY ) has reached an agreement to acquire SilverBow Resources Inc ( SBOW ) for $2.1 billion. This acquisition comes amid a proxy battle involving SilverBow's largest shareholder, Kimmeridge Energy Management Co. SilverBow shareholders will receive 3.125 shares of Crescent Class A stock for each SilverBow share. Additionally, SilverBow investors have the option to take all...

SANTIAGO, May 16 (Reuters) - Chile will open calls in the second half of 2024 for lithium component producers to obtain preferential pricing on the metal, President Gabriel Boric announced on Thursday. The Andean nation is the world's second-largest lithium producer and the strategy announced by Boric last year is in part aimed at spurring local investment in technologies using...

11:59 AM EDT, 05/16/2024 (MT Newswires) -- Northrop Grumman ( NOC ) said Thursday it has signed a deal to access and use Nvidia ( NVDA ) artificial intelligence software, including its generative AI software. The defense contractor said the move is expected to help it accelerate development of some of the most advanced systems. Terms of the deal were...