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Egypt seizes Ever Given ship in Suez Canal, demands compensation
This turns up pressure on Ever Given's owner to negotiate a settlement that Egyptian authorities are claiming should be roughly $1 billion for damage to the canal and lost business.....»»
Drug companies seek billion-dollar tax deductions from opioid settlement
Four companies that agreed to pay a combined $26 billion to settle claims about their roles in the opioid crisis plan to deduct some of those costs from their taxes and recoup around $1 billion apiece......»»
Boeing"s legal, business challenges persist after settlement
Boeing Co.'s $2.5 billion agreement to end a criminal investigation by the Justice Department into the 737 MAX debacle resolves one of its highest-profile problems, but the plane maker still faces other legal and business challenges......»»
Metals Stocks: Gold scores highest finish in a month as U.S. economic data highlights impact of coronavirus
Gold prices end higher on Friday, as U.S. economic data underscored the damage from the COVID-19 pandemic on business activity in the America, sending billion to its highest settlement in a month......»»
Halliburton Braces for Drop in US Oilfield Activity Following $1 Billion Loss
Company reports 1st-quarter resultsRelated Stocks: HAL,.....»»
Halliburton books $1.1B charge as oil crash whacks spending
Halliburton reported a $1 billion loss in the first quarter and warned of bleak conditions in the year ahead......»»
Halliburton books $1.1 billion charge, slashes spending by 50%
U.S. oilfield services giant Halliburton on Monday reported a $1 billion first-quarter loss on charges and outlined the largest budget cut yet among top energy companies as U.S. crude futures plunged to two-decade lows......»»
Halliburton books $1.1 billion charge in low price outlook
Leading fracking firm Halliburton reported a $1 billion first quarter loss and $1.1 billion in impairment charges on Monday as it gave a bleak outlook for North American oilfields after the coronavirus-driven oil price decline......»»
Earnings Scheduled For April 20, 2020
Companies Reporting Before The Bell Halliburton Company (NYSE: HAL) is expected to report quarterly earnings at $0.24 per share on revenue of $5.01 billion. read more.....»»
Halliburton to "significantly" cut 2020 capex below $1.2 billion budget
Oilfield services firm Halliburton is accelerating its cost-cutting and will significantly reduce spending this year below its original $1.2 billion budget, its finance chief said on Tuesday......»»
Halliburton will reduce spending below earlier $1.2 billion budget
Oilfield services firm Halliburton is accelerating its cost-cutting and will reduce spending below its original $1.2 billion budget, its finance chief said on Tuesday......»»
Wells Fargo fined $35 million in SEC settlement over investment advice
The fine comes as Wells Fargo struggles to repair its image after admitting to consumer abuses. The company reached a $3 billion settlement with the Justice Department and the SEC last week for opening millions of accounts without customers’ consent......»»
Bayer chairman quits as Roundup settlement talks progress
Bayer Chairman Werner Wenning, one of the architects of a $63 billion takeover deal that has left the German crop protection company fighting costly lawsuits, will step down in April, it said on Wednesday......»»
Bayer chairman quits as Roundup settlement talks progress
Bayer Chairman Werner Wenning, one of the architects of a $63 billion takeover deal that has left the German crop protection company fighting costly lawsuits, will step down in April, it said on Wednesday......»»
Mallinckrodt agrees to $1.6 billion opioid settlement, unit to seek bankruptcy
Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file for bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic......»»
Mallinckrodt agrees to $1.6 bln opioid settlement, unit to seek bankruptcy
Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic......»»
Mallinckrodt Rips Higher After Company Confirms $1.6B Opioid Litigation Settlement
Mallinckrodt PLC (NYSE: MNK) shares are ripping higher Tuesday after the company announced a global opioid settlement agreement that limits its payout to $1.6 billion and it aslo reported better-than-expected fourth-quarter results. read more.....»»
One of area"s largest banks agrees to $3B settlement over sales scandal
Wells Fargo & Co. — the third-largest bank in Central Florida — has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil inv.....»»
Wells Fargo agrees to $3B settlement over sales scandal
Wells Fargo & Co. (NYSE: WFC) has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil investigations into faulty sales prac.....»»
Wells Fargo to pay $3 bln for fake accounts
Wells Fargo reached a settlement Friday for a massive fake account scandal, in which it admitted to guilt and agreed to pay $3 billion to the Justice Department and Securities and Exchange Commission. Conway G. Gittens details the official announcement......»»