By Poonam Behura (Reuters) -Australian casino operator Star Entertainment posted a smaller-than-expected drop in first-half profit on Thursday amid intense competition and lower discretionary spending, sending its shares sharply higher in early trade. Shares of the cash-strapped casino operator jumped more than 5% to A$0.505 by 0015 GMT, outperforming the benchmark stock index which was...
WESTMINSTER, Colo. - Ball Corporation (NYSE: NYSE:BALL), a supplier of sustainable aluminum packaging solutions, has announced the early results of its cash tender offers for the buyback of its outstanding senior notes due in 2025 and 2026. The company revealed that a significant portion of these notes had been tendered by the early deadline on...
MELBOURNE (Reuters) - The world\'s biggest listed miner BHP Group (NYSE:BHP) said on Thursday it was disbanding some global teams and transferring those roles covering functions including planning, environment and heritage protection to its mining asset-level management. BHP employs more than 80,000 people in staff and contractors around the world and the announcement comes after...
WAYNE, Pa. - Radian Group Inc . (NYSE: NYSE:RDN), a provider of mortgage and real estate services, has priced a public offering of $625 million in senior unsecured notes with a 6.200% annual interest rate, due May 15, 2029. The offering is scheduled to close on March 4, 2024, with interest payments beginning on November...
BRENTWOOD, Tenn. - Delek Logistics Partners, LP (NYSE:DKL), in conjunction with its subsidiary Delek Logistics Finance Corp., has upsized its senior notes offering to $650 million, a rise from the initial $550 million proposed. The 8.625% senior notes, due in 2029, were priced at par and are slated to close on March 13, 2024, contingent...
By Isla Binnie, Andres Gonzalez and Ron Bousso NEW YORK (Reuters) - Shell (LON:SHEL)\'s U.S. solar business Savion has put around a quarter of its assets up for sale, according to a marketing document and industry sources, as the oil major extends a retreat from owning renewables projects under CEO Wael Sawan. Investment bank Jefferies...
By Stephen Nellis (Reuters) -Apple plans to disclose more about its plans to put generative artificial intelligence to use later this year, Chief Executive Officer Tim Cook said during the company\'s annual shareholder meeting on Wednesday. Cook said that the iPhone maker sees \"incredible breakthrough potential for generative AI, which is why we\'re currently investing...
By Aditya Kalra, Dawn Chmielewski and Munsif Vengattil NEW DELHI/LOS ANGELES (Reuters) -India\'s top conglomerate Reliance Industries and Walt Disney (NYSE:DIS) on Wednesday announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world\'s most populous nation. Reliance, led by Asia\'s richest...
(Reuters) -The Australian banking trade union said on Thursday that Westpac Banking (NYSE:WBK) Corp, one of the country\'s top lenders, has cut 132 jobs across divisions, with some of these roles being shifted to companies in India and the Philippines. From the bank\'s risk division, 62 roles are being reduced at a time when the...
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -The Reliance-Disney India merger has attracted Nita Ambani, wife of Reliance boss Mukesh Ambani, back into mainstream business as the new company\'s chair, where her experience in arts and sports, and ties with Bollywood could come in handy. Reliance and Disney said on Wednesday they would...