WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2024 RESULTS

Reported second-quarter 2024 Net income attributable to limited partners of $369.8 million, generating second-quarter Adjusted EBITDA(1) of $578.1 million. Reported second-quarter 2024 Cash flows provided by operating activities of $631.4 million, generating second-quarter Free cash flow(1) of $424.8 million. Announced a second-quarter Base Distribution of $0.875 per unit, or $3.50 per unit on an annualized… Continue reading WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2024 RESULTS

CloudBees Acquires Launchable

CloudBees, a San Francisco, CA-based provider of software development platforms for more than 500 enterprises, acquired Launchable, a company that brings an AI-augmented approach to QA. The amount of the deal was not disclosed. Co-founded by Kohsuke Kawaguchi and Harpreet Singh, Launchable is an AI-augmented testing platform that improves visibility into test suite performance and… Continue reading CloudBees Acquires Launchable

Telecom Argentina S.A. Announces Final Results and Payment Date for its Cash Tender Offer

BUENOS AIRES, Argentina, Aug. 6, 2024 /PRNewswire/ — Telecom Argentina S.A. 8.500% Notes due August 6, 2025 (CUSIP Nos. 879273 AT7 and P9028N AZ4; ISIN Nos. US879273AT79 and USP9028NAZ44) Telecom Argentina S.A. (“Telecom”) announces the final results at the Expiration Time for its offer to purchase for cash (the “Offer”) up to U.S.$100,000,000 outstanding aggregate… Continue reading Telecom Argentina S.A. Announces Final Results and Payment Date for its Cash Tender Offer

Emera Announces Sale of New Mexico Gas Company to Bernhard Capital Partners

This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated November 14, 2023, to its short form base shelf prospectus dated October 3, 2023. HALIFAX, NS and BATON ROUGE, La. and ALBUQUERQUE, N.M., Aug. 5, 2024 /PRNewswire/ — Emera Inc. (“Emera”) (TSX:EMA), an international energy and services company, today… Continue reading Emera Announces Sale of New Mexico Gas Company to Bernhard Capital Partners

Yum China Board Announces CFO Transition and Welcomes New Board Member

SHANGHAI, Aug. 5, 2024 /PRNewswire/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987) (the “Company” or “Yum China”) today announced that Andy Yeung, who has served as the Company’s Chief Financial Officer since October 2019, intends to resign as the Company’s Chief Financial Officer for personal reasons. Andy will step down as the Company’s… Continue reading Yum China Board Announces CFO Transition and Welcomes New Board Member

Martinrea International Inc. to Present at J.P. Morgan Auto Conference in New York

TORONTO, Aug. 05, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced Rob Wildeboer, Executive Chairman, and Neil Forster, Director, Investor Relations and Corporate Development, will present at the J.P.… Continue reading Martinrea International Inc. to Present at J.P. Morgan Auto Conference in New York

OCI Global Announces Agreement for the Sale of its Clean Ammonia Project in Beaumont, Texas to Woodside Energy

OCI Global (“OCI”) has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1 million metric tonnes Clean Ammonia project under construction in Beaumont, Texas (“OCI Clean Ammonia” or the “Project”), (the “Transaction”) to Woodside Energy Group Ltd (“Woodside”), following a competitive process. Purchase price consideration… Continue reading OCI Global Announces Agreement for the Sale of its Clean Ammonia Project in Beaumont, Texas to Woodside Energy

OCI Global Announces Agreement for the Sale of its Clean Ammonia Project in Beaumont, Texas to Woodside Energy

OCI Global (“OCI”) has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1 million metric tonnes Clean Ammonia project under construction in Beaumont, Texas (“OCI Clean Ammonia” or the “Project”), (the “Transaction”) to Woodside Energy Group Ltd (“Woodside”), following a competitive process. Purchase price consideration… Continue reading OCI Global Announces Agreement for the Sale of its Clean Ammonia Project in Beaumont, Texas to Woodside Energy

Retiring Corvette ‘godfather’ on EVs, spinoff and a performance SUV

2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — Tadge Juechter’s first “taste” of Corvette working at General Motors was to research whether there were enough Americans who could afford a new high-performance model of the famed sports car, known as the ZR1, back in 1985. Nearly 40 years later, not only are… Continue reading Retiring Corvette ‘godfather’ on EVs, spinoff and a performance SUV

Dana Incorporated to Participate in J.P. Morgan Auto Conference

MAUMEE, Ohio, Aug. 1, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 7, 2024. Beginning at 1:35 p.m., EDT, Dana’s Senior Vice President and Chief Financial Officer, Timothy Kraus, will provide a brief overview of the company and answer questions for approximately 35… Continue reading Dana Incorporated to Participate in J.P. Morgan Auto Conference