By Freddy SebastianShares of Sable Offshore gained after offerings for common stock and convertible senior notes were priced.The oil and gas company's stock recently rose 10.4% to $3.40 in premarket trading Wednesday.Sable Offshore said its offering for 32.5 million shares priced at $3.08 a piece…
The euro falls to a one-year low against sterling and could stay under pressure in the near term as markets have turned overly negative on the eurozone while overlooking U.K. political headwinds, Monex Europe analyst Nick Rees says. "Eurozone inflation data just undershot forecasts and we see littl…
By Ed Ballard"We have to get back to growth in China. We have to be more premium and culturally relevant, and we have to lead with sport."-Nike CEO Elliott Hill, who has been leading a turnaround plan at the company, after its latest earnings report fell flat with investors.This item is part of a W…
By Katherine HamiltonFactSet Research Systems recorded higher revenue in the fiscal third quarter, as subscription value rose.The financial data system on Wednesday said profit fell to $126.7 million, or $3.50 a share, in the quarter ended May 31, from $148.5 million, or $3.87 a share, a year earli…
EVERETT, Wash.,--(BUSINESS WIRE)--July 01, 2026--Fortive Corporation ("Fortive") NYSE:FTV today announced that it will webcast its earnings conference call for the second quarter 2026 on Wednesday, July 29, 2026, beginning at 12:00 p.m. ET and lasting approximately one hour.The call and an accompan…
By Colin KellaherCameco has temporarily suspended operations at its majority owned Cigar Lake uranium mine in northern Saskatchewan due to a shutdown at the mill that processes ore from the mine.Cameco on Wednesday said Orano Canada, its partner at Cigar Lake, has encountered operational challenges…
Deutsche Bank Research expects Heidelberg Materials to return to organic growth in the second quarter, after weather-related disruption weighed on results earlier in the year, analyst Jon Bell says in a research note. The analyst forecasts higher sales, supported by continued price increases and re…
New Era Energy & Digital Appoints Jose Rodriguez COO >NUAI
Around 79% of tech entrepreneurs say European regulations had a significant impact on their businesses in the past year, according to a survey of 155 founders published by start-up advisor DutchBasecamp in partnership with a tech lobby association. "When 45% of those surveyed have paused or cancell…
New Era Energy & Digital: E. Will Gray to Transition off Bd Into Pres of the Permian >NUAI
New Era Energy & Digital Names Ted Warner Pres, CFO >NUAI
By Adam WhittakerThe U.K.'s National Grid agreed to invest $1.75 billion in U.S. integrated power solutions company Joulent as it seeks to capitalize on the country's rapidly growing energy needs.In return, National Grid will get a 35% stake in Joulent, which is developing contracted power generati…
New Era Energy & Digital: Pres, COO Charlie Nelson Appointed Chmn, CEO >NUAI
BTQ Technologies Receives Final Approval for Full Acquisition of QPerfect
FortuneX Acquisition Announces Separate Trading of Its Ordinary Shares and Warrants
By Freddy SebastianKroger agreed to acquire food and pharmacy retailer Giant Eagle for $1.65 billion in cash and assumed liabilities.The grocer on Wednesday said its board has already approved the deal.Kroger said it expects the deal to add to adjusted earnings per share in the second full year aft…
By Katherine HamiltonGeneral Mills swung to a loss in its fourth quarter, as it aims to gain back business by cutting costs and adding more products in the new fiscal year.The maker of cereals and pet food on Wednesday posted a loss of $2.01 billion, or $3.74 a share, in the quarter ended in May, c…
(11:27 GMT) Nike Price Target Cut to $52.00/Share From $67.00 by Barclays
By Kit NortonShares of General Mills advanced on Wednesday after the company reported better-than-expected fourth-quarter profit and said it was focused on organic sales growth in fiscal 2027 and beyond.The cereal and packaged foods maker posted adjusted earnings of 95 cents a share for the fiscal…
(11:24 GMT) Zoetis Price Target Cut to $85.00/Share From $136.00 by Barclays
