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2 billion. The deal closed in February, right before the pandemic stalled the economy. At the time PBF called Martinez "a top-tier asset. " The deal gave PBF growth, but at the price of volatility. The company lost $8. 93 per share during the March quarter, earned $3. 23 per share during the June quarter, then swung to another loss. The profit came after it sold five hydrogen plants to Air Products & Chemicals (NYSE: APD) for $530 million and cut its capital spending by $240 million. It suspended the dividend, cut headquarters staff, and then shut most production at a New Jersey refinery, laying off 250. During the third quarter, cash flow turned negative. Morgan Stanley (NYSE: MS) recently downgraded PBF to "underweight" and it was forced to pay interest of 9. 25% to sell $250 million in notes. What Blackrock Sees Oil refineries produce a variety of products, from tar and fuel oil at the bottom of their crackers to gasoline and jet fuel near the top. In July, PBF told analysts it would have to shut down production, despite rising gas prices, because it couldn't sell the jet fuel.
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[3] The Mervyn's store closed and became a second Dillard's in 1997. [4] The mall is currently managed by Washington Prime Group. In 2003, Macy's took over the mall's Burdine's store, which became Burdines-Macy's until 2005 when it became Macy's. Belk moved to The Avenue in Viera in 2004. [5] The former Belk building was torn down in 2006 for Dick's Sporting Goods and Circuit City, the latter of which went out of business in 2009. [6] The former Circuit City space operated as a World Of Decor store before becoming LA Fitness in 2014, with H&M joining the same year. [7] [8] An annual Hanukkah menorah parade takes place near the mall in association with the local branch of the Chabad-Lubavitch movement. On January 17, 2015, one person was killed and one was wounded in a shooting inside the mall food court before the gunman José Garcia Rodriguez committed suicide. The event was evidently a domestic dispute. [9] References [ edit] ^ ^ Bayley, Barbara (November 8, 2014). "New Englander is now 'so Brevard ' ".
In normal times, tourism directly and indirectly employs one million Australians, accounting for one in 12 jobs. Coronavirus lockdowns and border restrictions are expected to cost Australia's tourism industry at least $54. 6billion this financial year. Pictured: The Sydney Opera House Modelling by Tourism Research Australia predicted Australia's tourism industry will be worth $83. 8 billion in 2020-21, some $54. Pictured: The Gold Coast The data, compiled in May and released by Tourism Minister Simon Birmingham today, assumed that domestic borders would begin to open from June 2020. It predicted that if state borders were to remain closed for the December quarter, tourism stands lose a further $9. 8billion in interstate travel. Senator Birmingham released the figures ahead of Friday's national cabinet meeting where Scott Morrison will urge premiers to open their borders. He has ordered health experts to come up with a definition of a hotspot to guide states on managing their border restrictions.
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