News
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Carnival Corporation & PLC Announces Closing Of $3.0 Billion 5.75% Senior Unsecured Notes Offering
July 16 (Reuters) - Carnival PLC CCL.L:CARNIVAL CORPORATION & PLC ANNOUNCES CLOSING OF $3.0 BILLION 5.75% SENIOR UNSECURED NOTES OFFERINGCARNIVAL PLC - PROCEEDS TO REDEEM $2.4 BILLION NOTES DUE 2027Reuters
Wed, Jul 16
Banner Q2 adjusted revenue beats expectations
OverviewBanner Q2 adjusted revenue beats analyst expectations, per LSEG dataNet income for Q2 in-line with analyst estimates, per LSEG dataCompany declared a quarterly cash dividend of $0.48 per shareOutlookBanner's credit metrics remain strong with a solid reserve for loan losses.Company focuse...Reuters
Wed, Jul 16
Monarch Casino Q2 revenue up 6.8%, beats estimates
OverviewMonarch Q2 revenue rises 6.8% yr/yr, beating analyst expectations, per LSEG dataAdjusted EBITDA for Q2 beats analyst estimates, per LSEG data, reflecting operational efficienciesCompany repurchased 240,395 shares, totaling $19.8 mln, funded by cash flowOutlookMonarch expects continued strong...Reuters
Wed, Jul 16
Oracle RMS to use Abry Partners investment to support organic and strategic M&A strategy
By Chris MunroJuly 16 - (The Insurer) - Oracle Insurance Risk Management Services (Oracle RMS) will use its newly secured strategic investment from Abry Partners to supercharge its organic growth strategy, with the Canadian broker also open to select strategic M&A deals.Earlier in July, commerci...Reuters
Wed, Jul 16
Senators urge FCC chair to end probes into CBS News, other media outlets
By David Shepardson WASHINGTON, July 16 (Reuters) - Two Democratic U.S. senators on Wednesday urged Federal Communications Commission chair Brendan Carr to end investigations into CBS News and other media outlets.Senate Democratic Leader Chuck Schumer and Senator Ed Markey, in a letter to Carr fi...Reuters
Wed, Jul 16
Sarepta to cut 500 jobs after gene therapy setback
July 16 (Reuters) - Sarepta Therapeutics SRPT.O said on Wednesday it would lay off 36% of its workforce, or about 500 employees.The workforce reduction comes shortly after the company reported two deaths due to acute liver failure in non-ambulatory Duchenne muscular dystrophy patients who had receiv...Reuters
Wed, Jul 16
Cambium Networks Corp expected to post a loss of 14 cents a share - Earnings Preview
Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports results on July 16 (estimated) for the period ending December 31 2024The Rolling Meadows Illinois-based company is expected to report a 6.6% increase in revenue to $42.85 million from $40.21 milli...Reuters
Wed, Jul 16
REFILE-Trump thinks China will begin sentencing people to death for fentanyl distribution
WASHINGTON, July 16 (Reuters) - U.S. President Donald Trump said on Wednesday that he thinks China will begin sentencing people to death for fentanyl manufacturing and distribution.Speaking at an event for the signing of the HALT Fentanyl Act, attended by family members of people who had died from f...Reuters
Wed, Jul 16
Deals of the day-Mergers and acquisitions
July 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** French supermarket group Auchan will sell 19 stores in its home market to Germany's Lidl as it seeks to improve its financial position and avoid further job cuts, the two busines...Reuters
Wed, Jul 16
Fitch: US private flood insurance exposure remains limited despite accelerating growth
By Mia MacGregorJuly 16 - (The Insurer) - While the U.S. private flood insurance market has experienced notable growth in recent years, only 4% of homeowners have flood insurance, according to a new report from Fitch Ratings. Fitch noted that recent flooding in Texas is estimated to cause economic l...Reuters
Wed, Jul 16
Gallagher: Wildfire seasons expanding beyond traditional boundaries
By Mia MacGregorJuly 16 - (The Insurer) - Wildfires are evolving into a year-round threat due to climate change, urbanization and changing land use, with significant incidents now occurring outside traditional wildfire seasons in regions such as the U.S., Japan and South Korea, according to a new re...Reuters
Wed, Jul 16
Trump says supporters questioning Jeffrey Epstein case are 'weaklings'
Trump says Republicans are not sticking togetherSome supporters want more details on sex offender's caseBy Trevor Hunnicutt WASHINGTON, July 16 (Reuters) - U.S. President Donald Trump on Wednesday attacked fellow Republicans critical of his administration's handling of the case of dead se...Reuters
Wed, Jul 16
Largo Physical Vanadium Says LPV Electrolyte Lease Expected To Commence In Early 2027
July 17 (Reuters) - Largo Inc LGO.TO:LARGO PHYSICAL VANADIUM VALIDATES ITS UNIQUE LEASING MODEL WITH 48 MWH FLOW BATTERY ELECTROLYTE LEASE; STORION ENERGY–TERRAFLOW ENERGY SUPPLY AGREEMENT SUPPORTS GROWTHLARGO PHYSICAL VANADIUM CORP - LPV ELECTROLYTE LEASE EXPECTED TO COMMENCE IN EARLY 2027Reuters
Wed, Jul 16
Aaj Capital 3 Announces Definitive Agreement For Qualifying Transaction With Xrp Healthcare M&A Holding
July 16 (Reuters) - AAJ Capital 3 Corp AAAJp.V:AAJ CAPITAL 3 CORP. ANNOUNCES DEFINITIVE AGREEMENT FOR QUALIFYING TRANSACTION WITH XRP HEALTHCARE M&A HOLDING INC.AAJ CAPITAL 3 CORP: UNDER AGREEMENT AAJ WILL ISSUE 37.5 MILLION COMMON SHARES IN CAPITAL OF AAJ TO EACH OF SHAREHOLDERS OF XRPAAJ CAPIT...Reuters
Wed, Jul 16
Crowdstrike Expands Collaboration With Amazon Web Services For AI Adoption
July 16 (Reuters) - Crowdstrike CRWD.O:CROWDSTRIKE BRINGS AGENTIC AI SECURITY WORKFLOW INTEGRATIONS AND GENAI PROTECTION TO AWS MARKETPLACECROWDSTRIKE HOLDINGS INC - EXPANDS COLLABORATION WITH AWS FOR AI ADOPTIONReuters
Wed, Jul 16
