Evolution Petroleum earnings beat by $0.12, revenue topped estimates
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Inhibrx Founder and CEO Mark Lappe Buys 25,000 Shares for $2.6 Million. What Does His Confidence Tell Investors?
Lappe's purchase through family trusts boosts his beneficial ownership to 950,000 shares, or 6% of outstanding equity, as Inhibrx trades near $114 following a 293% gain over the past year.
Indian Rupee hits 3-month low as Brent crude surges and US bond yields breach 5%
The Indian rupee reached its weakest point in three months on Tuesday. This depreciation occurred as Brent crude oil prices surged past $108 per barrel.
- Indian rupee hits 3-month low at 95.95 against US dollar
- Brent crude oil prices surge above $108 per barrel
- US bond yields breach 5%, increasing dollar demand
Nike’s S&P Exit Is a Warning for Every Consumer Brand
Nike’s upcoming removal from the S&P 100 is easy to read as a corporate fall-from-grace story. It may be more useful to read it as a retail one.
Shrinking Chinese Fuel Inventories Raise Chance of Export Curbs
China’s gasoline and diesel inventories are plunging as refiners grapple with a tightening domestic market, raising the chance the government may move to limit fuel exports again.
UK in talks about joining global defence bank led by Canada
The UK government is in discussions about joining a global investment bank, aimed at raising more money for defence spending.