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FINWIRES

Templeton Emerging Markets Investment Trust Buys Back Over 358,000 Shares for Cancellation

-- Templeton Emerging Markets Investment Trust (NZE:TEM) purchased for cancellation 358,036 ordinary shares on Thursday for 2.7642 pounds sterling each, according to a Friday filing with the New Zealand bourse.

Following the transaction, the company's share capital consists of 943.8 million shares on issue, and 60 million shares held in treasury, the filing said.

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Truist Securities Cuts Tractor Supply Price Target to $44 From $55, Hold Rating Kept

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Sector Update: Energy

Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.2%.The Philadelphia Oil Service Sector Index was climbing 1.8%, while the Dow Jones US Utilities Index fell 1.3%.Front-month West Texas Intermediate crude oil was rising 4.8% to $93.94 a barrel, and the global benchmark Brent crude contract was advancing 4.4% to $99.68 a barrel. Henry Hub natural gas futures increased 0.3% to $2.70 per 1 million BTU.In corporate news, Halliburton (HAL) shares gained 4.1% after it reported lower Q1 adjusted net income and revenue that still topped analysts' expectations.

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