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Block (XYZ 0.50%) had a decent, if unspectacular, June, ultimately emerging from the month with a 10% gain in share price. A product launch in an important market overseas, announced as we approached July, was a catalyst, as were several positive analyst notes across the preceding weeks.
TTE boosts its Suriname offshore footprint with a 25% stake in Block 53, expanding low-cost GranMorgu development potential.
CRBG strikes $2.8 billion reinsurance deal to shed $51 billion variable annuity block within its Individual Retirement unit, unlocking around $2.1 billion in after-tax proceeds likely to be utilized for buybacks and organic growth initiatives.
XOM lifts Cepu Block output to 180,000 bpd, reinforcing its role in boosting Indonesia's oil production goals.
PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement to acquire the 25% interest held by Moeve (formerly known as CEPSA) in Block 53, offshore Suriname, joining APA (45%, operator) and Petronas (30%) as partner in this license. Block 53 lies directly east of Block 58, where TotalEnergies (40%*, operator) and its partners announced the Final Investment Decision for the GranMorgu development in October 2024. Block 53 contains the Baja-1 discovery, drilled.
Block & Leviton LLP filed a class action lawsuit today against Hims & Hers Health Inc. (NYSE: HIMS). Investors should contact Block & Leviton by August 25.
BOSTON, June 23, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Hims & Hers Health, Inc. (NYSE: HIMS) for potential securities law violations. Investors who have lost money in their Hims & Hers Health, Inc. investment should contact the firm to learn more about how they might recover those losses.
EQNR secures 100% of Brazil's S-M-1617 block near existing assets, reinforcing its deepwater and renewables push.
HOBOKEN, N.J.--(BUSINESS WIRE)-- #AI--NiCE (Nasdaq: NICE) today announced that H&R Block, the world leader in online and in-office tax preparation, is successfully transforming its customer service operations into a digital-first, AI-powered care organization with NiCE CXone Mpower. This transformation marks a strategic shift from a traditional brick-and-mortar retail servicing model to a digital-first scalable customer care ecosystem built on advanced AI and customer service automation. H&R.
Block is uniquely positioned with an integrated consumer and merchant platform few competitors can match. Despite recent headwinds, the company remains profitable with strong margins and a healthy balance sheet. The expansion of Cash App Borrow and Afterpay unlocks new monetization channels within their existing user base.