Tom Terrarosa covers the energy and industrial sectors for The Deal, focusing on middle market M&A and private equity. Tom also produces The Deal's M&A Tipsheet newsletter and manages The Deal's auctions and M&A Opportunity database, which tracks hundreds of ongoing auction processes and identifies potential takeover opportunities across all industries.
Prior to joining The Deal, Tom was a regional digital producer with Gannett, where his primary responsibilities included editing and optimizing content for the company's six New Jersey newspapers and five affiliated websites. He also has worked as a local news reporter, copy editor and photographer with The Dominion Post in Morgantown, W.Va.
Tom received a Bachelor of Science in Journalism from West Virginia University.
Find Tom on Twitter: @TomTerrarosa
The company is looking favorably upon international markets in the coming months as the turnaround of the drilling industry starts to take hold.
The company crushed earnings estimates with $3.23 per share in adjusted net income on revenue of almost $10.8 billion.
Even though Tesla topped Model 3 production targets in the final week of the second quarter, it may not be sustainable, analysts say.
Oil prices are up big since January and may continue to rise thanks to a June 22 decision from OPEC, but energy stocks are still suffering, which isn't helping the broader market.
Here's what you need to know now for Friday, June 22.
OPEC agrees to target 100% compliance, which could lead to higher oil prices in the U.S.
Saudi Arabia and Iran are in a power struggle that will come to a head Friday, June 22, in Vienna as OPEC debates whether to raise its current oil production, leaving U.S. producers at the mercy of the oil cartel's decision.
The plane maker on Monday announced a partnership with aerospace firm Safran in a bid to expand its aftermarket services segment, an arena Airbus has vowed to triple revenue in over the next seven years.
On a call with the media Wednesday, Ford management would not say whether plant shutdowns would extend beyond this week, but the company suggested it would feel the impact of the fire in its second quarter earnings.
Analysts are not concerned over a loss of 777 sales due to the scrapped deal, and some are willing to bet Boeing and other defense equipment suppliers could benefit from increases tensions among the U.S. and Middle Eastern countries.
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