Why Are Newmont Shares Sliding On Thursday?

Newmont Corporation (NYSE:NEM) shares are trading significantly lower on Thursday morning. The retreat follows a decline in gold prices, which hit nearly six-week lows, according to Trading Economics. Investors are reacting to a combination of central bank policy and...

BP Dumps German Refinery, Eyes Massive Cost Cuts

BP p.l.c. (NYSE:BP) shares jumped during Thursday’s premarket session. The company announced another step in its portfolio simplification strategy, emphasizing cost reductions and balance sheet strength. Portfolio Simplification Plan BP reached an agreement to sell...