Summit Materials, Inc. (NYSE:SUM) revealed on Tuesday that its subsidiaries Summit Materials Finance Corporation and Summit Materials LLC have come up with a final agreement on its offering of $250…
Six series of unsecured notes amounting in a net principal amount of roughly $7 billion was recently disclosed by network equipment company, Cisco Systems, Inc. (NASDAQ:CSCO). Subject to customary closing…
Nokia Corporation (ADR) (NYSE:NOK) has issued close to 6.5 million new shares in what is called “directed share issue.” The development followed the authorization to do so by the Extraordinary…
CenterPoint Energy, Inc. (NYSE:CNP) revealed that it has closed its investment in 14.52 million units of 10% Series A Fixed-to-Floating Non-Cumulative Redeemable Perpetual Preferred Units that represent limited partner interests…
Marathon Oil Corporation (NYSE:MRO) will now channel $1.4 billion to capital budget in 2016. That marks a more than 59% step-down in capital spending compared to 2015. The company has…
Uber and Pandora Media Inc (NYSE:P) are two companies with contrasting approaches to raising capital. Uber is a privately owned global on-demand taxi services while Pandora is a publicly listed…
Vodafone Group Plc (ADR)(NASDAQ:VOD) and Liberty Global PLC have agreed on merging their business operations in the Netherlands. The two companies will form a 50:50 joint venture. Vodafone will have…
Freeport-McMoRan Inc (NYSE:FCX) has announced that it will trade 13% of its ownership interest in Morenci unincorporated. The stake will be passed on to Sumitomo Metal Mining Co., Ltd for…
Banks are beginning to worry about their loans tied to oil and gas industry as they predict widespread defaults in repayments. Midstates Petroleum Company Inc (OTCMKTS:MPOY), Linn Energy LLC (NASDAQ:LINE)…
J C Penney Company Inc (NYSE:JCP) is in the process of looking for buyers of its headquarters building. The retailer is working with a unit of CBRE Group to find…
