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Mexico"s new president will probably keep its secretive billion-dollar oil hedge going

REUTERS/Henry Romero Mexico buys put options from US financial institutions on oil.  A change in government may see that hedge out .....»»

Category: topSource: businessinsiderJul 11th, 2018

Challenge to billion-dollar SunZia transmission project denied by federal judge

A U.S. district judge on Tuesday denied a legal request to pause construction on an over $10 billion renewable energy project, one of the largest in U.S. history, that would transmit wind power from Central New Mexico to Arizona......»»

Category: topSource: bizjournalsApr 17th, 2024

Bill Ackman turned a $27 million bet into $2.6 billion in a genius investment. Here are 12 of the best trades of all time.

Manuel Balce Ceneta/AP The hedge fund billionaire Bill Ackman is among few who minted a multibillion-dollar profit during the throes of the coronavirus pandemic.  The famed inv.....»»

Category: topSource: businessinsiderMay 13th, 2020

Mike Bloomberg spent over $1 billion running for president — that"s $23 million for each delegate he won

REUTERS/Carlo Allegri He did it — Mike Bloomberg managed to cross the billion dollar threshold in his run for president, according to the latest FEC filings. Bloomberg spent $1,047,623,103 of his own money on the campaign, to be exact. T.....»»

Category: topSource: businessinsiderApr 20th, 2020

Mexico"s President says will comply with public vote to halt brewery project

Mexico's President Andres Manuel Lopez Obrador on Saturday said his government will comply with a public consultation to halt the construction of U.S. brewer Constellation Brands Inc's more than $1 billion brewery project in the border city of Mexicali......»»

Category: topSource: reutersMar 28th, 2020

Hedge Fund and Insider Trading News: David Einhorn, Steve Cohen, Bill Ackman, Glenview Capital Partners, Melvin Capital Management, Bridgewater Associates, Lowe’s Companies, Inc. (LOW), Hexcel Corporation (HXL), and More

Multi-Billion-Dollar Hedge Fund Glenview Lost 7.1% in February: HSBC (Reuters) LONDON (Reuters) – American hedge fund firm Glenview Capit.....»»

Category: topSource: insidermonkeyMar 10th, 2020

Mexico"s state-run Pemex posts steep 2019 loss in blow to president"s revival plan

Petroleos Mexicanos posted a $18.3 billion net loss for 2019 on Thursday, nearly doubling the previous year's loss and dealing a major blow to the Mexican president's quest to revive the heavily-indebted state oil company......»»

Category: topSource: reutersFeb 27th, 2020

Mexico"s Pemex posts massive 2019 loss in bitter blow to president

Petroleos Mexicanos posted a 345.5 billion peso ($18.3 billion) loss for 2019 on Thursday, nearly doubling the previous year's loss and dealing a major blow to the Mexican president's quest to revive the heavily-indebted state oil company......»»

Category: topSource: reutersFeb 27th, 2020

High Winds Knock Portion Of Trump"s US-Mexico Border Wall Over

High Winds Knock Portion Of Trump's US-Mexico Border Wall Over A portion of President Trump's $11 billion bor.....»»

Category: blogSource: zerohedgeJan 30th, 2020

Will CH Robinson"s Billion Dollar Bet On FreightTech Pay Off?

On today's episode, Dooner and Chad will talk to C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) President and CEO Bob Biesterfeld about the company's new idea incubator, Robinson Labs. We'll find out wh.....»»

Category: earningsSource: benzingaJan 24th, 2020

A secretive $120 billion hedge fund has bested Warren Buffett again and again. These are its 10 biggest holdings.

Chip Somodevilla / .....»»

Category: topSource: businessinsiderNov 21st, 2019

Hedge Fund and Insider Trading News: David Tepper, Joel Greenblatt, Seth Klarman, Bain Capital, Dollar Tree, Inc. (DLTR), Carnival PLC (CUK), and More

Hedge Funds and Bad Tactics Kill $4.4 Billion Deal (Bloomberg) The heated auction between buyout firm Bain Capital and Austria’s AMS AG .....»»

Category: topSource: insidermonkeyOct 7th, 2019

Oil Pirates: The Gulf Of Mexico"s Billion Dollar Problem

Oil Pirates: The Gulf Of Mexico's Billion Dollar Problem Authored by Irina Slav via OilPrice.com, Pirate activity in the Gulf of Mexico is on the rise and so is oil theft fro.....»»

Category: blogSource: zerohedgeOct 2nd, 2019

Mexico"s Pemex offers to prepay chunk of $14.7 billion in bonds

Mexico's Pemex said on Thursday it had launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023, in President Andres Manuel Lopez Obrador's latest effort to shore up the state oil firm......»»

Category: topSource: reutersSep 12th, 2019

Cross-Border Best Practices During President Trump"s Trade Policy Uncertainties

More than $400 billion in freight crossed in both directions through the United States-Mexico border by truck in 2018. In Laredo, Texas, alone, more than two million trucks carried goods across the border last year. read more.....»»

Category: blogSource: benzingaJul 8th, 2019

Mexico"s president says big bank loan shows confidence in Pemex

An $8 billion syndicated loan to Mexico's national oil company Pemex is a sign of confidence by more than 20 banks involved in the operation, Mexican President Andres Manuel Lopez Obrador said on Friday, after a recent credit downgrade for the firm......»»

Category: topSource: reutersJun 29th, 2019

U.S. businesses beg to be left off Trump"s tariff list

Hundreds of U.S. businesses from local bridal shops to multi-billion dollar retailers have submitted comments to the U.S. Trade Representative's Office opposing President Donald Trump's plan to slap tariffs on another $300 billion of Chinese imports......»»

Category: topSource: reutersJun 17th, 2019

Trump levels new tariff threat against China

The president threatened to impose large tariffs on $300 billion in imports if Chinese leader Xi Jinping does not meet with him in Japan later this month, showing how he plans to immediately pivot from his trade war with Mexico back to Beijing......»»

Category: topSource: washpostJun 10th, 2019

Wall Street rises on Mexico relief, M&A cheer

U.S. stocks were higher on Monday after the United States dropped plans to impose tariffs on Mexican goods, with a couple of multi-billion dollar deals adding to the upbeat mood......»»

Category: topSource: reutersJun 10th, 2019

Wall Street rallies on Mexico relief, M&A cheer

Wall Street's main indexes gained on Monday, after the United States abandoned its plans to impose tariffs on Mexican goods, while a multi-billion dollar deal in the industrial space added to the upbeat sentiment......»»

Category: topSource: reutersJun 10th, 2019

How Trump tariffs on China and Mexico could hurt US economy

Ten billion here, ten billion there: President Donald Trump's escalating tariffs on imports to the United States have begun to amount to serious money — and potentially to imperil one of the most resilient economies in American history......»»

Category: topSource: foxnewsJun 6th, 2019