Month: November 2022

Coterra Energy ‘s (CTRA) solid third-quarter earnings beat on Thursday, along with hefty free cash flow and a raised dividend, solidified the Club’s investment case in the oil-and-gas producer. Total revenue soared by nearly 500% year-on-year, to $2.52 billion, exceeding analysts’ estimates of $2.37 billion, according to Refinitiv. Adjusted earnings per share more than doubled
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Stripe co-founder and CEO, Patrick Collison Manuel Blondeau | Getty Images Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. In the memo, Collison said the cuts were necessary amid rising inflation, fears of a looming recession, higher interest rates, energy shocks,
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Children as young as nine are getting sucked into drug dealing and violence – with thousands of young people in England “groomed, harmed and even killed”, a new report warns. The Commission on Young Lives is calling for urgent action and investment to tackle the “national threat to our country’s prosperity and security” – and
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