TORONTO, Feb. 12, 2025 /PRNewswire/ – Russel Metals Inc. (TSX: RUS) announces financial results for the fourth quarter and the year ended December 31, 2024. Revenues of $4.3 Billion in 2024 and $1.0 Billion in Q4 2024 EBITDA1 of $299 Million in 2024 and $61 Million in Q4 2024 Generated $344 Million of Cash from Operating Activities in… Continue reading Russel Metals Announces 2024 Annual & Fourth Quarter Results
Tag: M and A
Nissan follows BYD by bringing DeepSeek tech to its new N7 EV
Nissan is the latest to adopt DeepSeek tech for its new EV in China, the N7. The N7 will be the first joint venture brand electric car to feature DeepSeek’s R1 as the Japanese automaker fights to turn things around in the world’s largest EV market. Nissan N7 EV will challenge BYD with DeepSeek tech… Continue reading Nissan follows BYD by bringing DeepSeek tech to its new N7 EV
Lyft shares sink nearly 8% on underwhelming fourth-quarter results
Cheng Xin | Getty Images Lyft shares shed about 7.9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenue of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Revenue grew 27% from $1.22 billion… Continue reading Lyft shares sink nearly 8% on underwhelming fourth-quarter results
Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Tesla and SpaceX CEO Elon Musk joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC. Andrew Harnik | Getty Images Tesla shares dropped 6% on Tuesday after Chinese rival BYD announced plans to develop autonomous vehicle technology with DeepSeek,… Continue reading Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Antero Midstream Announces Fourth Quarter 2024 Results and 2025 Guidance
DENVER, Feb. 12, 2025 /PRNewswire/ — Antero Midstream Corporation (NYSE: AM) (“Antero Midstream” or the “Company”) today announced its fourth quarter 2024 financial and operating results and 2025 guidance. The relevant consolidated financial statements are included in Antero Midstream’s Annual Report on Form 10-K for the year ended December 31, 2024. Fourth Quarter 2024 Highlights: Net… Continue reading Antero Midstream Announces Fourth Quarter 2024 Results and 2025 Guidance
PA Co-Investment V Final Close Announcement
Portfolio Advisors Closes Fifth Co-Investment Fund at $622 million DARIEN, Conn., Feb. 12, 2025 /PRNewswire/ — Private markets specialist Portfolio Advisors, LLC, an affiliate of FS Investments, is pleased to announce the successful closing of PA Co-Investment Fund V (“PCIF V”). The fund held a final closing on January 15, 2025, with total commitments of $622… Continue reading PA Co-Investment V Final Close Announcement
Delaware Basin Recycling Facility Marks Milestone in Sustainable Water Management
Lost Tank recycling facility reaches 50 million barrels of produced water GAINESVILLE, Texas, Feb. 12, 2025 /PRNewswire/ — Select Water Solutions, Inc. (NYSE: WTTR) (“Select”), a leading provider of sustainable water and technology solutions to the energy industry, and Occidental, one of the largest oil and gas producers in the United States and the Permian Basin,… Continue reading Delaware Basin Recycling Facility Marks Milestone in Sustainable Water Management
SERVICE CORPORATION INTERNATIONAL ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS AND PROVIDES 2025 GUIDANCE
Conference call on Thursday, February 13, 2025, at 8:00 a.m. Central Time. HOUSTON, Feb. 12, 2025 /PRNewswire/ — Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today reported results for the fourth quarter of 2024. Highlights: Revenue increased $37 million, or 4%, over the fourth quarter of 2023 with… Continue reading SERVICE CORPORATION INTERNATIONAL ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS AND PROVIDES 2025 GUIDANCE
German FAZ: But not a new giant car company from Japan008744
The third largest car company in the world could have become Volkswagen from a merger of the three Japanese car companies Honda, Nissan and Mitsubishi. But the plans that were announced shortly before Christmas now seem to fail. Japanese media report that Nissan wanted to suspend the merger talks with Honda Motor, since the two… Continue reading German FAZ: But not a new giant car company from Japan008744
German Manager Magazin: Brose: Aftorship endangers 1400 jobs in Würzburg003958
Because of the economic crisis of the automotive industry, the supplier Brose drives a savings course. The IG Metall Fear that the Würzburg location could be completely concluded in this way: almost 1400 jobs are in danger. The Board of Directors dealt with the “concentration” of the three Franconian locations, said a company spokesman. “Using… Continue reading German Manager Magazin: Brose: Aftorship endangers 1400 jobs in Würzburg003958