VG drops Delta LNG project to fast-track Plaquemines expansion, aiming for quicker output with similar capacity.
The Global X SuperDividend ETF (SDIV 1.05%) has a lofty trailing dividend yield of 10.7%. Given that the S&P 500 index (^GSPC 0.55%) has a tiny yield of around 1.3%, it's understandable that investors would be looking at the Global X SuperDividend ETF.
Canada-based WSP Global said on Wednesday that it would acquire British environmental and engineering consulting firm Ricardo for about 363.1 million pounds ($489.6 million) including debt.
Abacus Global Management (NASDAQ:ABL) on Tuesday firmly rejected allegations raised in a June 4 short-seller report, calling the claims “false and uninformed” and defending the integrity of its asset valuation practices. The Orlando-based alternative asset manager said the short report's two central assertions—that Abacus relies excessively on a single life expectancy provider, Lapetus Solutions, and that this inflates its balance sheet—are both incorrect.
S&P Global upgrades Wells Fargo's outlook to positive and affirms BBB+ long-term issuer rating, citing stronger controls and asset cap removal.
Euronext CEO Stephane Boujnah discusses the global IPO market.
As the benefits of Moore's law reach their limits, advances in chip performance turn to the back end of production. Back-end semiconductor processing is booming due to limits in front-end innovation. Advanced packaging, like TSMC's 2.5D CoWoS, is crucial for AI chip performance as Moore's Law slows. There is a significant packaging bottleneck for AI chips, with Nvidia consuming most of TSMC's CoWoS-L capacity.
Abacus Global Management (NASDAQ:ABL) said on Friday it has authorized a $20 million share repurchase program, underscoring its confidence in the company's fundamentals and future performance. The repurchase program, approved by Abacus's Board of Directors, will be in effect for up to 18 months.
PEN, ITGR and ANGO from the Zacks Medical Instruments industry are worth buying based on genAI adoption, strategic developments and strong fundamentals. Yet, geopolitical complications and supply issues mar prospects.
Global equities hit a record high as AI optimism, easing trade tensions, and solid global data drive ETF momentum worldwide.
Kimberly-Clark (KMB) on Thursday announced a partnership with Brazilian pulp and paper producer Suzano (SUZ) to split ownership of Kimberly-Clark's international tissue and paper products business.
Bullish on MIXUE due to its value-for-money leadership, robust supply chain, and strong positioning amid China's consumption downgrade trend. MXUBY's vertically integrated supply chain delivers significant cost advantages, supporting price leadership and scalability both in China and overseas markets. Global expansion, especially in ASEAN, shows early momentum; we see the Company as a potential global category leader akin to Temu in discount e-commerce.