News Results

Teva Pharmaceuticals?today announced that Fitch Ratings Agency has raised the Company's corporate credit rating to BB+, with a stable outlook; from BB. Fitch's report cites Teva's progress in reducing debt and improving flexibility, expects continuous revenue growth from AUSTEDO and AJOVY, as well as Teva's biosimilar pipeline.

Cipher Mining Inc. (CIFR) today announced its intention to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of convertible senior notes due 2030 in a public offering registered under the Securities Act of 1933, as amended.

Ryman Hospitality Properties (RHP) said Tuesday its subsidiaries plan to issue up to $600 million in senior unsecured notes due 2033. Net proceeds will be used to cover part of the $865 million acquisition of JW Marriott Phoenix Desert Ridge Resort & Spa, Ryman said. Shares of Ryman were down more than 2% in recent Tuesday premarket activity. MT Newswires does not provide investment advice.

US equity benchmarks fell before Tuesday's open as investors await comments from key Federal Reserve officials and continue to digest Moody's recent downgrade of the government's credit ratings. The S&P 500 declined 0.4%, the Dow Jones Industrial Average decreased 0.2%, and the Nasdaq was off 0.5% in premarket activity.

US equity indexes traded mixed while government bond yields jumped and the dollar weakened as investors reacted to Moody's downgrade of the United States' sovereign credit rating late last week. The Nasdaq Composite declined 0.1% to 19,188.1, and the S&P 500 was up less than 0.1% at 5,959.2 after midday on Monday.

US equity indexes fell with the dollar while government bond yields jumped in midday trading Monday as investors reacted to Moody's Investors Service's downgrade of the United States' sovereign credit rating late last week.

CoreWeave (CRWV) said Monday it plans to issue $1.5 billion in senior notes due 2030 through a private offering. The company said the notes will be guaranteed on a senior unsecured basis by its wholly owned subsidiary, CoreWeave Cash Management.

Technology stocks fell pre-bell Monday with the Technology Select Sector SPDR Fund recently 1.5% lower and the SPDR S&P Semiconductor ETF (XSD) down 2.4%. CoreWeave (CRWV) shares fell nearly 7% after the company said it plans to issue $1.5 billion in senior notes due 2030 through a private offering.

Technology stocks were flat to lower pre-bell Monday with the Technology Select Sector SPDR Fund recently inactive and the SPDR S&P Semiconductor ETF down 2.4%. CoreWeave (CRWV) shares fell by over 6% after the company said it plans to issue $1.5 billion in senior notes due 2030 through a private offering. MT Newswires does not provide investment advice.

CoreWeave (CRWV) said Monday it plans to issue $1.5 billion in senior notes due 2030 through a private offering. The company said the notes will be guaranteed on a senior unsecured basis by its wholly owned subsidiary, CoreWeave Cash Management.

Teva Pharmaceutical Industries (TEVA) said Monday it plans to issue $2 billion equivalent of senior notes through its special purpose finance subsidiaries. Teva Pharmaceutical Finance Netherlands II intends to offer euro-denominated notes, while Teva Pharmaceutical Finance Netherlands III and Teva Pharmaceutical Finance Netherlands IV aim to offer US dollar-denominated notes.

Moody's downgraded the US government's credit ratings amid rising debt and fiscal deficits, but revised its outlook to stable from negative.

Moody's Ratings downgraded the United States' long-term credit rating from Aaa to Aa1 and changed its outlook from "negative" to "stable." ?. The move marks the loss of the United States' last remaining top-tier rating from the three major credit agencies, as Moody's joins Fitch and S&P Global in grading the U.S. below the highest "triple-A" level.

Rising debt and interest payment ratios over more than a decade, to levels higher than other nations', prompted the downgrade, Moody's said.

CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for April 2025. North American corporate CUSIP requests totaled 7,676 in April, which is down 9.1% on a monthly basis. The aggregate total of identifier requests for new municipal securities ? including municipal bonds, long-term and short-term notes, and commercial paper ? rose 24.0% versus March totals.

Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$500,000,000 of senior notes due 2035 at an issue price of 99.632% and US$400,000,000 of senior notes due 2055 at an issue price of 99.725%. The Notes will be unsecured senior obligations of Fairfax.

Restaurant Brands International advised shareholders to reject an unsolicited mini-tender offer by New York Stock and Bond, which seeks to purchase up to 100,000 shares, or 0.03% of the outstanding stock, at $44 apiece.

Herc Holdings (HRI) said late Thursday it has priced its offering of $1.65 billion of 7% senior unsecured notes due 2030 and $1.1 billion of 7.25% senior unsecured notes due 2033. The offering is part of the financing for its planned acquisition of H&E Equipment Services, the company said. MT Newswires does not provide investment advice.

Restaurant Brands International at the close of trade Thursday said it was notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC to purchase up to 100,000 of its shares, or approximately 0.03% of the company's outstanding shares, at a price of US$44.00 per share.

Herc (HRI) said Thursday its subsidiary Herc Holdings Escrow plans to offer $2.75 billion in senior unsecured notes due 2030 and 2033 in a private placement, with terms to be determined at the time of pricing of the notes. The proceeds from the offering will be used to finance the acquisition of H&E Equipment Services (HEES), redeem H&E's outstanding debt and cover related transaction costs.

Akamai Technologies (AKAM) said Wednesday that it has priced its private offering of $1.5 billion of 0.25% convertible senior unsecured notes due May 15, 2033, upsized from $1.35 billion. The company also granted the initial purchasers an option to buy up to an additional $225 million of the notes.

Avis Budget Group (CAR) said late Wednesday its subsidiaries have priced a private offering of $600 million worth of 8.375% senior notes due 2032. The offering, expected to close May 19, amounts to a $100 million increase from the original size, the vehicle rental company said. The company plans to use net proceeds for general corporate purposes. MT Newswires does not provide investment advice.

Athene Holding (ATH/PB) said Wednesday it has priced a $1 billion offering of aggregate principal amount of 6.625% senior notes due 2055. The offering is expected to close on Monday, the company said. Athene said it intends to use net proceeds from the offering for general corporate purposes. MT Newswires does not provide investment advice.

Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., priced a private offering of $600 million aggregate principal amount of 8.375% senior notes due 2032, which represents a $100 million increase from the previously announced size of the offering.

Angel Oak Mortgage REIT (AOMR) on Wednesday launched an underwritten public offering of senior notes due 2030. Net proceeds from the offering will be used for general corporate purposes, which may include the acquisition of non-qualified residential mortgage loans and other assets, the company said.

Capital Power (CPXWF) overnight Tuesday said it priced a private offering of US$700 million of 5.257% senior notes due 2028 and US$500 million of 6.189% senior notes due 2035 to be issued by its U.S. subsidiary, Capital Power (CPXWF). The company expects the offering to close on or about May 28, subject to customary conditions.

9% year-over-year revenue growth Affirms sequential quarterly revenue growth target throughout 2025 Tower Semiconductor (TSEM) reports today its results for the first quarter ended March 31, 2025. First Quarter of 2025 Results OverviewRevenues for the first quarter of 2025 were $358 million as compared to $327 million for the first quarter of 2024, representing 9% year-over-year revenue growth.