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 U.S. steel production industry is far bigger than the three publicly traded companies who are large advocates of the latest duties, and industry watchers are concerned global tariffs will harm far more than they help.
Here's what you need to know now for Friday, Feb. 23.
A stronger dollar put pressure on oil early Friday morning, sending the commodity temporarily off record gains hit earlier in the week, and analysts are fearful price volatility such as this will be the theme of 2018.
With earnings season almost wrapped up, 2017 data shows so far that shale productivity surprised to the upside, with a few key players, including Occidental Petroleum and RSP Permian, stealing the show.
The atmosphere at the George R. Brown Convention Center in downtown Houston was ecstatic Thursday as oil prices are finally in a stable realm in which producers can increase profitability and begin to think about how to return cash to shareholders.
A massive selloff sweeping across the market Friday, Feb. 2, made sure to make its way into the energy sector, sending the stocks of oil and gas producers and metals miners down the tubes.
The company said its fourth quarter and full-year earnings benefited from tax benefits totaling $2.02 billion, leading the supermajor to report earnings of $1.65 per share for the fourth quarter, but it's true earnings of 72 cents per share fell well short of analysts' estimates of $1.23 per share.
On its face, the 30% solar panel import tariff imposed by the Trump administration is a safeguard aimed at protecting the solar industry from what the U.S. views as unfair trade practices, but trade experts, solar industry analysts and solar project finance advisers interviewed by TheStreet worry the tariff could have the opposite effect.
President Donald Trump is expected to discuss a $1.5 trillion infrastructure improvement plan during his State of the Union address.
"The prospects of a currency war have risen with Draghi comments, which implies trade wars are possible too."
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