HOUSTON (Reuters) - Exxon Mobil Corp ( XOM ) on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains. The largest U.S. oil company, which is in the process of closing a $60 billion deal for top shale oil producer Pioneer Natural Resources (...

(Corrects paragraph 2 to say taking total planned EV sales to 30,000 this year, not 300,000) (Reuters) - Shares of Hertz Global ( HTZ ) slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business. The company is...

06:35 AM EDT, 04/26/2024 (MT Newswires) -- Vincerx Pharma ( VINC ) shares were down more than 16% premarket Friday after the company priced an underwritten public offering of 6 million common shares and accompanying warrants to purchase 6 million common shares and, to certain investors, pre-funded warrants to purchase up to 16 million common shares and accompanying warrants to...

06:43 AM EDT, 04/26/2024 (MT Newswires) -- Anglo American said Friday its board of directors unanimously rejected a 31.1 billion pound ($38.9 billion) all-share offer for the company by rival BHP Group ( BHP ) , arguing the proposal significantly undervalues Anglo American and its future prospects. The BHP proposal required Anglo American to spin off its Anglo American Platinum...