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TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide.

It operates in two operating segments, Tanker and Marine Exhaust. The company transports gasoline, jet fuel, naphtha, and gas oil, as well as dirty petroleum products, such as fuel oil.

It also engages in developing and producing advanced and green marine equipment. The company was founded in 1889 and is based in London, the United Kingdom.

Latest News >

Jerome Powell Says US Economy In 'Remarkably Good Shape,' Fed Can Be 'A Little More Cautious' With Interest Rates

Dec 4, 2024

Federal Reserve Chair Jerome Powell painted a rosy picture of the U.S. economy ahead of key jobs data due Friday. The strength of the economy is allowing the Fed to be more cautious with interest rates. What Happened: Speaking at the New York Times DealBook Summit on Wednesday, Powell stressed that the current state of the economy allows the Fed to exercise...

Equity Bancshares Closes $92 Million Public Offering

Dec 4, 2024

02:49 PM EST, 12/04/2024 (MT Newswires) -- Equity Bancshares ( EQBK ) said Wednesday it has completed its public offering of about 2.1 million class A common shares at $44.50 per share. The offering included 269,640 shares issued as the underwriters fully exercised their option to purchase additional common stock. The offering raised $92 million in gross proceeds, with net...

Coherent Insider Sold Shares Worth $324,270, According to a Recent SEC Filing

Dec 4, 2024

02:49 PM EST, 12/04/2024 (MT Newswires) -- Howard H. Xia, Director, on December 03, 2024, sold 2,970 shares in Coherent (COHR) for $324,270. Following the Form 4 filing with the SEC, Xia has control over a total of 47,747 shares of the company, with 47,747 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/820318/000156218024008144/xslF345X05/primarydocument.xml Price: 113.03, Change: +6.49, Percent Change: +6.09 ...

Federal Reserve Chair Powell Says FOMC Can Be Cautious With Rate Cuts

Dec 4, 2024

02:39 PM EST, 12/04/2024 (MT Newswires) -- Federal Reserve Chairman Jerome Powell said Wednesday that the strong US economy means the Federal Open Market Committee can afford to be a little more cautious when it comes to lower interest rates on the path down to the neutral rate. Powell said in his remarks at the New York Times DealBook Summit...