Israel Strikes School Complex in Gaza, Killing Dozens
An Israeli airstrike...
An Israeli airstrike early Saturday hit a school compound in northern Gaza where displaced Palestinians were sheltering, killing more than 90 people, according to Gaza health authorities.
Benchmark U.S. crude oil for September delivery...
Benchmark U.S. crude oil for September delivery rose 65 cents to $76.84 per barrel Friday. Brent crude for October delivery rose 50 cents to $79.66 per barrel.
Wholesale gasoline for September delivery fell 1 cent to $2.39 a gallon. September heating oil fell2 cents to $2.34 a gallon. September natural gas rose 1 cent to $2.14 per 1,000 cubic feet.
U.S. stocks slash selloff losses as Wall Street wraps wild week
U.S. stocks closed Friday higher, significantly cutting...
U.S. stocks closed Friday higher, significantly cutting losses from earlier in the week. Equities staged a big comeback after extreme turbulence hit global financial markets.
According to preliminary data, the Dow Jones Industrial Average ended up about 51 points, or 0.1%, at around 39,497.
The S&P 500 closed 24 points higher, or 0.5%, closing near 5,344.
The Nasdaq Composite finished up 85 points, or 0.5%, finishing around 16,745.
On a weekly performance basis:
The Dow closed 0.6% lower, off from a peak 3.1% retreat on Monday from the previous Friday's close, per Dow Jones Market Data. The S&P 500 shed less than 0.1%, after sinking 4.3% Monday. The Nasdaq ended down 0.2%, after tumbling 6.4% Monday.
Treasury yields also were swept up by market volatility, with the benchmark 10-year rate closing out the week at 3.943%, its sixth lowest level of the year.
Passenger Plane Crashes in Brazil, Killing 62 Onboard
A passenger plane carrying 62 people...
A passenger plane carrying 62 people crashed on Friday outside São Paulo, Brazil, killing all onboard, according to the Brazilian authorities.
The airline operating the flight, VoePass, said that Flight 2283 had crashed in the Brazilian city of Vinhedo, near its destination, São Paulo. The flight had taken off from Cascavel, Brazil, about 450 miles away, for a nearly two-hour scheduled flight that VoePass has been operating daily.
According to FlightRadar24, a provider of flight data, the plane was an ATR 72, a twin-engine regional turboprop made by ATR, a joint venture of two European aerospace manufacturers, Airbus and Leonardo. VoePass used the same plane to fly from São Paulo to Cascavel earlier on Friday, according to FlightRadar24 data.
On August 8, 2024, Unit Corporation (OTCQX: UNTC) filed unaudited condensed consolidated financial statements for the three and six months ended June 30, 2024.
Unit stated its net income for the quarter totaled $11.5 million or $1.15 a share compared to $28 million and $2.86 a share a year earlier. Total revenue for the quarter was $56.8 million, also down from $78.6 million recorded at the end of June 2023.
Unit reported it had 14 rigs available for the second quarter and its average use was 11.9 rigs.
Unit Corporation is a Tulsa-based, publicly-held energy company engaged in oil and gas production and contract drilling through its wholly-owned subsidiaries. For more information about Unit Corporation, visit its website at http://www.unitcorp.com.