S&P, Dow fall as oil drop hurts energy; chipmakers boost Nasdaq

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Chevron (CVX) Granted $38M Judgement by Gibraltar Supreme Court Against Ecuadorian Conspirators

May 29, 2018 5:56 AM EDT

The Supreme Court of Gibraltar has issued a judgment against Pablo Fajardo, Luis Yanza, Ermel Chavez, Frente de Defensa de la Amazonia (the Front) and Servicios Fromboliere for their role in a conspiracy to procure and attempt to enforce a fraudulent Ecuadorian judgment against Chevron (NYSE: CVX). The court awarded Chevron Corporation $38 million in damages and interest and issued a permanent injunction against the defendants, preventing them from assisting or supporting the case against Chevron in any way.

Fajardo, Yanza and Chavez are Directors at Amazonia Recovery Ltd. (Amazonia), a Gibraltar-based company set up... More

PayPal (PYPL) PT Raised to $92 at Goldman Sachs Following Investor Day

May 25, 2018 8:28 AM EDT

Goldman Sachs raised its price target on PayPal (NASDAQ: PYPL) to $92.00 (from $88.00) while maintaining a Buy rating following the company's investor day. Management outlined the companys positioning within the global payments ecosystem and forward business priorities across its suite of products.

After the... More