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Exxon says it is confident it will win dispute over Chevron-Hess deal
Market Updates

Exxon says it is confident it will win dispute over Chevron-Hess deal

HOUSTON (Reuters) -The arbitration proceedings in Exxon Mobil's contractual dispute over Chevron's planned acquisition of Hess concluded this week and a decision is expected in about two to three mont...

  • May 29, 2025 05:48 AM PDT
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Mutual Funds: Diversified Investment Pools Managed for Various Financial Goals
Stock Market

Mutual Funds: Diversified Investment Pools Managed for Various Financial Goals

Highlights,Mutual funds pool money from investors to create diversified investment portfolios.,Different funds target various objectives, including income, preservation, or growth.,Mutual funds may charge sales fees, but many are now no-load with no sales...

American Resources, ReElement expand long-term antimony refining contract
Market Updates

American Resources, ReElement expand long-term antimony refining contract

American Resources (AREC), along with its portfolio company, ReElement Technologies, announced the expansion of their previously announced antimony tolling agreement. Under the updated terms, ReElemen...

  • May 29, 2025 05:45 AM PDT
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Mutual Company: A Member-Owned Corporation Focused on Shared Benefits
Stock Market

Mutual Company: A Member-Owned Corporation Focused on Shared Benefits

Highlights:,A mutual company is owned collectively by its members rather than external shareholders.,Income is distributed to members based on their level of business with the company.,This structure aligns the company’s interests closely with those of it...

Mutilated Security: Understanding Damaged Financial Certificates
Stock Market

Mutilated Security: Understanding Damaged Financial Certificates

Highlights,A mutilated security is a certificate with unreadable identifying information.,Damage may obscure the issuer’s name, issue details, or other critical data.,Such securities require special handling for validation and replacement.,A mutilated sec...

MUR – The Mauritius Rupee Currency Code
Stock Market

MUR – The Mauritius Rupee Currency Code

Highlights:,MUR is the official ISO 4217 currency code for the Mauritius Rupee.,It represents the national currency used in Mauritius for all financial transactions.,The code facilitates global recognition and standardized currency exchange.,MUR is the in...

Municipal Reorganization
Stock Market

Municipal Reorganization

Highlights,Municipal reorganization involves restructuring local government boundaries or functions.,It aims to improve efficiency, service delivery, and governance.,Changes can include mergers, boundary adjustments, or administrative reforms.,Municipal r...

Municipal Investment Trust (MIT): A Tax-Advantaged Investment in Municipal Bonds
Stock Market

Municipal Investment Trust (MIT): A Tax-Advantaged Investment in Municipal Bonds

Highlights,A Municipal Investment Trust (MIT) is a unit investment trust focused on municipal bonds.,It typically holds these bonds until maturity, providing steady income to investors.,Income distributed to shareholders is usually exempt from federal inc...

Municipal Bond Insurance: Enhancing Security in Public Debt Investments
Stock Market

Municipal Bond Insurance: Enhancing Security in Public Debt Investments

Highlights,Municipal bond insurance guarantees bondholder payments if the issuer defaults.,It enhances the credit quality and marketability of municipal bonds.,Insured bonds often receive higher ratings, leading to lower borrowing costs for issuers.,Munic...

BetRivers Expands PropPacks, Following NBA Success, to include MLB, Delivering a Home Run Experience for Baseball Fans
Market Updates

BetRivers Expands PropPacks, Following NBA Success, to include MLB, Delivering a Home Run Experience for Baseball Fans

CHICAGO, May 29, 2025 (GLOBE NEWSWIRE) -- After the tremendous success of NBA PropPacks, Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), which operates the BetRivers Sportsbook, is now bringing tha...

  • May 29, 2025 05:30 AM PDT
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