Sriraj Kalluvila

3 days ago | today.westlaw.com | Tanay Dhumal |Shreya Biswas |Sriraj Kalluvila

(Reuters) -Viper Energy will buy Sitio Royalties in an all-stock deal valued at about $4.1 billion, the companies said on Tuesday, expanding the Diamondback Energy unit's presence across oil-rich shale regions such as the Permian Basin.

4 days ago | gurutrade.com | POOJA MENON |Shilpi Majumdar |Sriraj Kalluvila

June 2 (Reuters) - Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, as the oilfield services provider focuses on its core businesses amid volatile oil prices. The companies will form a joint venture to hold the business, they said on Monday, with Baker Hughes retaining a 35% stake after the deal closes.

4 days ago | today.westlaw.com | POOJA MENON |Shilpi Majumdar |Sriraj Kalluvila

(Reuters) -Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, as the oilfield services provider focuses on its core businesses amid volatile oil prices.

1 week ago | gurutrade.com | Juveria Tabassum |Sriraj Kalluvila

Shares jump 15% Analysts welcome forecast retention Interim CEO says will stick to former chief's turnaround plan May 29 (Reuters) - Kohl's retained its annual targets and reported better-than-expected quarterly results as the U.S. department store chain bets on its turnaround against the backdrop of tariff-induced uncertainty, pushing its shares up 15% on Thursday.

1 month ago | gurutrade.com | Akash Sriram |Sriraj Kalluvila

May 7 (Reuters) - Uber Technologies missed quarterly revenue estimates as growth in its ride-hailing unit slowed to its weakest since the pandemic, stirring fears of slowing demand against the backdrop of a murky economic outlook and clouding an upbeat forecast. Shares of the company fell about 8% before clawing back some ground to be down 5% in premarket trading on Wednesday.