Author: Press Room

© Shutterstock WalkMe earnings beat by $0.05, revenue fell short of estimates Investing.com – WalkMe (NASDAQ: ) reported third quarter EPS of $0.04, $0.05 better than the analyst estimate of $-0.01. Revenue for the quarter came in at $67M versus the consensus estimate of $67.14M. Guidance WalkMe sees Q4 2023 revenue of $67.00M-$68.00M versus the analyst consensus of $69.29M. WalkMe sees FY 2023 revenue of $266.10M-$267.10M versus the analyst consensus of $268.40M. WalkMe’s stock price closed at $9.71. It is up 8.13% in the last 3 months and up 7.53% in the last 12 months. WalkMe saw 7 positive EPS…

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© Reuters. FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Tim McLaughlin (Reuters) – Chevron’s deal to buy Hess (NYSE:) will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess’s past losses to cut future payments, according to the company and tax experts. The tax shield is a little-known advantage to Chevron (NYSE:)’s mega-takeover of Hess struck last month. The tax benefits are expected to provide the No. 2 U.S. oil and gas producer…

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An employee of the hospital where Ms. Daniels was being treated urged Ms. Stelly to call Mr. Benton and Mr. Johnson for help, advising that they were “Christians, both of them, and they are so against abortion clinics,” Ms. Stelly recalled in an interview. The lawyers soon drove to the hospital to see her, and later took her to church and arranged for her speak at a political rally.“The lawyers came into my life and things changed a lot,” she said.Within weeks of filing the case, Mr. Johnson arranged for Ms. Daniels and Ms. Stelly to be interviewed on Baton…

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The typical HENRY — high earner, not rich yet — is 32, lives in a city, and makes six figures.Most HENRYs don’t have kids but have $80,000 in student loan debt to pay off.Despite making more than most Americans, many HENRYs don’t feel financially secure. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Making six figures in a metropolitan area as a Gen Z or millennial? Chances are, you’re a HENRY.The typical HENRY — or high earner, not rich yet — is an urban…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wall Street bonuses are set to fall this year by as much as 25 per cent, as investment bankers and money managers feel the pinch from rising interest rates that have damped dealmaking activity and curtailed new stock market listings. An analysis by New York-based pay consultancy Johnson Associates showed that 2023 bonuses across most of Wall Street — from investment banking advisory work to sales and trading and private equity — will on average be either down or flat compared to a…

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In a significant step toward environmental sustainability, the Kenyan government has secured a $551.4 million climate solution facility from the International Monetary Fund (IMF). This funding, equivalent to KSh 83.9 billion (USD1 = KES151.950), was formalized on Monday during the National Tree Planting Drive day at the Statehouse Nairobi, with President William Ruto, Central Bank of Kenya Governor Patrick Njoroge, and Treasury Principal Secretary Chris Kiptoo in attendance. The agreement emphasizes Kenya’s dedication to environmental preservation by aiming to expand its forest coverage from 7.2 million to 10.6 million hectares. The move aligns with the country’s broader strategy to mitigate…

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© Reuters. Occidental Petroleum (NYSE: NYSE:) has been on a strategic path to strengthen its financial footing since its high-stakes acquisition of Anadarko Petroleum (NYSE:) back in 2019. The $55 billion deal, supported by a $10 billion preferred stock investment from Warren Buffett’s Berkshire Hathaway (NYSE:) (NYSE: BRK.A)(NYSE: BRK.B), was a bold move that expanded Occidental’s presence in the Permian Basin. The company offered an attractive $76 per share, with 50% of the equity value in cash, outshining Chevron (NYSE:)’s $65 per share bid. Following the acquisition, Occidental faced financial strain due to the high cost of Berkshire Hathaway’s investment.…

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© Reuters. FILE PHOTO: View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. REUTERS/Aris Martínez/File Photo By Sourasis Bose and Valentine Hilaire (Reuters) -First Quantum (NASDAQ:) Minerals has reduced ore processing at its Cobre Panama mine as protests against the project block port access, the Canadian miner said on Monday, the first sign that output at one of the world’s biggest mines could at be risk. The disruption was caused by an “illegal blockade” of small boats at the mine’s Punta Rincon port, the company said in a statement. The delivery of…

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Viking Therapeutics (NASDAQ:VKTX) shares gained over 5% in extended trading on Monday after the drugmaker reported positive findings from an ongoing study of its lead drug candidate, VK2809. VK2809 is a novel liver-selective thyroid hormone receptor beta agonist that possesses selectivity for liver tissue, as well as the beta receptor subtype. The drug is being evaluated for efficacy, safety and tolerability in patients with biopsy-confirmed non-alcoholic steatohepatitis (NASH) and fibrosis under a placebo-controlled VOYAGE study. As previously reported, the drug met the primary endpoint by showing statistically significant reductions in liver fat in NASH patients. Newly reported findings show robust…

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