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IOC News

InterOil pricing period likely underway as Exxon vote looms

Exxon broke up a transaction between InterOil and Oil Search last July that would have resulted in the sale of shared assets in a Papua New Guinean.

Jim Cramer ExxonMobil's Bid for InterOil Is 'Anything but Conservative'

Jim Cramer says ExxonMobil's $2.2 billion bid for InterOil isn't that much money for Exxon, but is 'anything but conservative.'

ExxonMobil gains upper hand in InterOil bidding

Thwarted bidder Oil Search has until July 21 to lift its offer, and says it still sees 'very material benefits' from the purchase.

5 things you must know before the market opens Monday

U.S. stock futures are pointing higher Monday ahead of earnings from the banking and tech sector and as investors largely shrug off a failed coup attempt in Turkey.

Exxonmobil holds the cards to fold Oil Search's bid for Interoil

Oil Search's bid is underwater and in the wrong currency, while Exxon is better positioned to squeeze cost savings out of a deal.

Breaking News

GameStop Declares 4-for-1 Stock Split

GameStop's board declared a 4-for-1 stock split.

Elon Musk Can't Wait to See Disney Lose an Iconic Character

The billionaire CEO of Tesla, Elon Musk, strongly supports limiting the rights protecting certain original works.

Alphabet Stock Is Setting Up for a Trade Ahead of Stock Split

Alphabet stock has an interesting setup before the tech giant splits the shares. Here's the trade to know.

Microsoft Supports Abortion Access But Is Silent on Data Privacy

The software giant hasn't said it will protect user data in wake of Supreme Court ruling overturning Roe.