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Canada's Peyto Q1 earnings rise 50%, production hits record
OverviewCanada natural gas producer's Q1 production rose 10% yr/yr to record levelsQ1 earnings rose 50% yr/yr, reaching C$171.1 mlnCompany raised monthly dividend by 9% to C$0.12/shareOutlookPeyto plans 2026 capital spending of C$450 mln to C$500 mlnCompany targets adding 43,000 to 48,000 boe/d ...Reuters
Tue, May 12
Algonquin Power & Utilities Corp Says Liberty Utilities Prices $650 Mln 5.100% Notes Due 2031, $500 Mln 5.650% Notes Due 2036
May 12 (Reuters) - Algonquin Power & Utilities Corp AQN.TO:ALGONQUIN POWER & UTILITIES CORP. ANNOUNCES PRICING OF $650 MILLION OF SENIOR UNSECURED NOTES DUE 2031 AND $500 MILLION OF SENIOR UNSECURED NOTES DUE 2036ALGONQUIN POWER UTILITIES CORP - LIBERTY UTILITIES PRICES $650 MILLION 5.100% ...Reuters
Tue, May 12
Class action lawyers seek $675 million in Bayer Roundup settlement
Plaintiffs' law firms say the fee is "modest"Settlement is moving toward final approval date in JulyBayer has proposed $7.25 billion to settle Roundup casesBy Dietrich Knauth May 12 (Reuters) - Class action lawyers are seeking $675 million for their role in negotiating a $7.25 billion...Reuters
Tue, May 12
Trump says US FDA Commissioner Makary is out
Makary's ouster comes after weeks of intensifying pressure campaignMakary had clashed with growing number of White House and HHS officialsWhite House searching for permanent replacement, sources sayBy Yasmeen Abutaleb and Ahmed Aboulenein WASHINGTON, May 12 (Reuters) - U.S. FDA Commissioner M...Reuters
Tue, May 12
Lenders sue CommScope over alleged $150 million debt agreement breach, Bloomberg reports
May 12 (Reuters) - Network infrastructure provider CommScope Holding, now known as Vistance Networks VISN.O, has been sued by a group of lenders who claim it breached a debt agreement by failing to pay prescribed premiums of at least $150 million following an asset sale, Bloomberg News reported ...Reuters
Tue, May 12
Democratic lawmakers grill FBI’s Kash Patel over report alleging excessive drinking
FBI Director Patel denies the Atlantic reportDemocrats accuse Patel of undermining national securityPatel appeared before Senate panel on proposed budgetBy Andrew Goudsward WASHINGTON, May 12 (Reuters) - Democratic lawmakers on Tuesday pressed FBI Director Kash Patel over a media report that epis...Reuters
Tue, May 12
Farmer Mac Prices $100 Million Of Series I Preferred Stock
May 12 (Reuters) - Federal Agricultural Mortgage Corp AGM.N:FARMER MAC PRICES $100 MILLION OF SERIES I PREFERRED STOCKFEDERAL AGRICULTURAL MORTGAGE CORP - ANNOUNCES $100 MILLION SERIES I PREFERRED STOCK OFFERING AT 6.875%, PAR VALUE $25.00 PER SHAREReuters
Tue, May 12
Gencor Industries Inc Files Non-Timely 10-Q With U.S. SEC
May 12 (Reuters) - Gencor Industries Inc GENC.A:GENCOR INDUSTRIES INC FILES NON-TIMELY 10-Q WITH U.S. SECGENCOR INDUSTRIES INC - EXPECTS TO REPORT REVENUE OF $33.8 MILLION FOR THE QUARTER ENDED MARCH 31, 2026GENCOR INDUSTRIES INC - AT THIS TIME UNABLE TO DETERMINE IF THERE WILL BE MATERIAL CHANGE I...Reuters
Tue, May 12
Pinnacle Financial Partners Inc Issues $750.00 Million 5.596% Senior Notes Due 2032 - SEC Filing
May 12 (Reuters) - Pinnacle Financial Partners Inc PNFP.N:PINNACLE FINANCIAL PARTNERS INC: ISSUES $750.00 MILLION 5.596% SENIOR NOTES DUE 2032 - SEC FILINGSource text: [ID:n0001628280-26-034213]Reuters
Tue, May 12
Walmart lays off or relocates about 1,000 corporate workers, WSJ reports
May 12 (Reuters) - Walmart WMT.O would cut or relocate about 1,000 corporate workers as it looks to combine more of its global-technology and AI product teams, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.Reuters
Tue, May 12
Anthropic In Talks To Buy Developer Tools Startup Stainless Used By OpenAI, Google - The Information
May 12 (Reuters) - ANTHROPIC IN TALKS TO BUY DEVELOPER TOOLS STARTUP STAINLESS USED BY OPENAI, GOOGLE - THE INFORMATIONANTHROPIC IS IN ADVANCED TALKS TO ACQUIRE DEVELOPER TOOLS STARTUP STAINLESS FOR AT LEAST $300 MILLION - THE INFORMATIONSource text: https://tinyurl.com/23r78mpnReuters
Tue, May 12
Patients don't regain much weight switching from injections to Lilly's weight-loss pill, study finds
Study shows "patients now have options," Lilly exec saysParticipants maintained 74.7%-79.3% of weight loss after a year on FoundayoZepbound users cut dose with limited weigh regain, separate trial showsBy Chris Prentice NEW YORK, May 12 (Reuters) - Eli Lilly LLY.N said on Tuesday that pat...Reuters
Tue, May 12
Postmedia Takes Strategic Step To Strengthen Long-Term Sustainability
May 12 (Reuters) - Postmedia Network Canada Corp PNCa.TO:POSTMEDIA TAKES STRATEGIC STEP TO STRENGTHEN LONG-TERM SUSTAINABILITYPOSTMEDIA NETWORK CANADA CORP - TO EXIT FLYER DISTRIBUTION BUSINESSPOSTMEDIA NETWORK CANADA CORP - TO COMPLETE FLYER DISTRIBUTION EXIT BY AUGUST 31, 2026POSTMEDIA NETWORK CAN...Reuters
Tue, May 12
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