By Nate Raymond (Reuters) -The U.S. Supreme Court turned away on Monday Exxon Mobil Corp (NYSE:XOM)’s bid to overturn a $14.25 million civil penalty that a judge imposed in a long-running lawsuit over air pollution at its Baytown, Texas, crude oil refinery. Exxon had asked the justices to take up the case after a lower court in December upheld the largest penalty ever assessed in a citizen-ini ...
Investing.com -- Cantor Fitzgerald began coverage of SailPoint with an Overweight rating and a $29 price target, saying that the identity‑security firm’s market lead and expanding product lineup position it for “mid‑20%” annual recurring‑revenue growth over the next several years. The target implies about 27% upside to SailPoint’s current trading price of $23.34. It is trading ...
By Nate Raymond (Reuters) -The U.S. Supreme Court rejected on Monday a request by American Airlines (NASDAQ:AAL) to overturn a judicial decision that found that the company’s now-scrapped U.S. Northeast partnership with JetBlue Airways (NASDAQ:JBLU) violated federal antitrust law. The justices turned away an appeal by American Airlines of a lower court’s decision in a lawsuit brought by the U. ...
Investing.com -- Shares of U.S. renewable energy companies showed mixed results in early Monday trading after the U.S. Senate advanced President Donald Trump’s comprehensive tax-and-spending bill. The legislation preserved tax credits for solar leasing arrangements, where third parties own and install solar panel systems on customers’ properties for a fee. This provision boosted several solar ...