-- Money managers in the WTI crude futures and options markets maintained their net long positions in the week ended April 14, according to the Commodity Futures Trading Commission's latest Commitments of Traders report released Friday.
The data showed that money managers reported 226,150 long positions, up 3,059 from April 7, while short positions were down 3,347 to 81,907.
Producers, merchants, processors, and users held 734,500 long positions and 428,140 short positions.
New Hope (ASX:NHC) completed a AU$300 million issuance of 2.625% senior unsecured convertible notes due 2032 and the concurrent repurchase of AU$293.3 million of its existing 2029 convertible notes, according to a Thursday filing with the Australian bourse.The new notes are expected to be listed on the Singapore Exchange Securities Trading on or around Thursday, per the filing.The repurchased 2029 notes, which account for around 98% of the outstanding notes, will be cancelled under their terms, the filing said. The company also plans to redeem the remaining AU$6.7 million of notes at par plus accrued interest prior to maturity.
Eclipse Metals (ASX:EPM) said follow-up analytical results from diamond drilling at the Grønnedal project in Greenland encountered strontium, gallium, and scandium in addition to extensive rare earth mineralization, according to a Thursday Australian bourse filing.Significant strontium intersections average 2.32% grade of strontium. It also hit 42.5 meters at 26.7 parts-per-million (ppm) grade of gallium as well as 61 meters at 12.3 ppm grade of scandium.The associated-element results are additional to, and do not change, the firm's primary focus on advancing Grønnedal as a neodymium-praseodymium rare earth project, the filing added.Its shares rose 5% in recent trading on Thursday.
Trent's (NSE:TRENT, BOM:500251) consolidated attributable profit rose to 4.00 billion Indian rupees in the fiscal fourth quarter ended March 31, from 3.18 billion rupees a year ago.The retailer's earnings per share climbed to 11.26 rupees from 8.95 rupees a year earlier, according to a Wednesday filing to the Indian stock exchanges. The EPS was marginally lower than the 11.33 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 also increased to 50.3 billion rupees from 42.2 billion rupees a year ago.The company's board recommended a dividend of 6 rupees per equity share of 1 rupee each.