By Granth Vanaik (Reuters) – Several Wall Street brokerages, including J.P. Morgan and UBS, have started coverage on Viking Holdings, with a bullish view on the travel and cruise company’s growth opportunities in an expanding global vacations market. Viking shares rose about 1% to $29.93 on Tuesday and were up more than 13% since their…
By Laila Kearney NEW YORK (Reuters) -Oil prices rose by more than $1 a barrel on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while a weaker U.S. dollar made the commodity more attractive to holders of other currencies. The July contract for global benchmark Brent crude…
(Reuters) -GameStop jumped 14% on Tuesday after the struggling video game retailer said it had raised $933 million by cashing in on a rally in the meme stock earlier this month. The company’s shares surged nearly six times their value in the first two weeks of May, partly fueled by the re-emergence of “Roaring Kitty”…
By Sabrina Valle HOUSTON (Reuters) – Hess Corp on Tuesday approved the company’s $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote. The merger required a majority vote to approve the deal by a majority of Hess’ 308 million shares outstanding to pass. The company did…
