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UK Regulator Accepts Remedy Proposals for Wood Group’s Acquisition of Amec Foster Wheeler

Caroline Williams

Britain’s antitrust regulator said on Tuesday it won’t refer the merger between oil services companies Wood Group (WG.L) and rival ...

KCAP Financial Prices Offering

Caroline Williams

KCAP Financial, an investment company, said late Tuesday that it priced an offering of $50 million aggregate principal amount of ...

Meritage Q2 Results Beat Estimates

Caroline Williams

Meritage on Tuesday reported Q2 earnings of $0.98 per share, up from $ 0.95 a year earlier, exceeding Capital IQ’s ...

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Charter Communications Shares Gain

Stephen Holmes

Charter Communications opened at a record high on Thursday although the company missed Wall Street’s expectations on Q2 earnings and ...

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Newmont Mining Q2 Results Beat Street Views

Caroline Williams

Newmont Mining shares were up over 1% pre-market Tuesday after the gold miner reported Q2 earnings well above Street views, ...

Plymouth Industrial REIT Acquires Distribution Space In Indiana

Stephen Holmes

Plymouth Industrial REIT said Friday it has acquired a six-property portfolio of industrial buildings with a combined 667,000 square feet ...

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Insurance Industry Losses From Hurricane Harvey Could Reach $20 Bln, Janney Montgomery Scott Says

Bryan Smith

The insurance industry’s losses from hurricane Harvey are likely to be between $10 billion and $20 billion, Janney Montgomery Scott ...

Big Lots Fiscal Q2 Results Beat Views

Bryan Smith

Big Lots reported fiscal Q2 adjusted earnings of $0.67, up from $0.52 a year ago and exceeding the $0.62 average ...

First Solar Sells California Flats Project to Capital Dynamics

Bryan Smith

First Solar has completed the sale of its 280 Megawatt (MW) AC California Flats Solar Project in Monterey County, Calif., ...

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Briggs & Stratton to Expand Commercial Turf Capacity

Stephen Holmes

Briggs & Stratton, a producer of gasoline engines for outdoor power equipment, said Thursday that it will move its commercial ...

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Logitech International Completes Acquisition of ASTRO Gaming

Stephen Holmes

Logitech International S.A said Monday it has closed its acquisition of console gaming brand ASTRO Gaming. Under the terms of ...

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UK Regulator Accepts Remedy Proposals for Wood Group’s Acquisition of Amec Foster Wheeler

Caroline Williams

Britain’s antitrust regulator said on Tuesday it won’t refer the merger between oil services companies Wood Group (WG.L) and rival Amec Foster Wheeler (AMFW.L) to a deeper, second-phase investigation after they offered to sell a range of Amec Foster Wheeler businesses. The Competition and Markets Authority (CMA) raised competition concerns regarding the ...

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WellCare Health Plans Posts Q2 Results Beat

Stephen Holmes

WellCare Health Plans, a managed care company, reported Friday Q2 adjusted earnings of $2.52 per share, up from $2.23 per share in the prior year period and higher than the $2.24 per share Street estimate. Total revenues were $4.31 billion, up from $3.59 billion reported for the same period last year and ...

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SunPower Gets Contract

Stephen Holmes

SunPower said premarket Tuesday it obtained a contract from OGE Energy (OGE) to build a 10-megawatt solar photovoltaic power plant in Covington, Oklahoma. Construction on the plant is anticipated to commence next month. SunPower will design and build a SunPower Oasis Power Plant system at the Covington site. The Oasis system is ...