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Haymaker Acquisition Corp V Prices $250 Million IPO on NYSE
The special purpose acquisition company (SPAC) will offer 25 million units at $10.00 each, with trading set to begin on the New York Stock Exchange under the ticker 'HYACU'.
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Holtec Nuclear Halts Planned $900 Million IPO, Citing Market Conditions
The nuclear technology company has reportedly suspended its U.S. initial public offering due to unfavorable market conditions, a move that casts a shadow over the fall IPO season.
Fitch Cuts PG&E Outlook to Negative on Failed Wildfire Liability Reform
Fitch Ratings has revised the outlook for PG&E Corporation to Negative from Stable, citing the California legislature's failure to pass meaningful wildfire liability reform and an increasingly difficult regulatory landscape.
Hyster-Yale Outlook Cut to Negative by Moody's on Leverage Concerns
Moody's Ratings affirmed Hyster-Yale's Ba3 corporate family rating but revised its outlook to negative from stable, citing expectations for moderately high leverage and weak cash flow generation through 2027.
Fitch Downgrades Edison International Outlook to Negative on Stalled Wildfire Legislation
Fitch Ratings has revised its outlook on Edison International to Negative from Stable, citing the California legislature's failure to enact a long-term solution for socializing wildfire liabilities. The utility's BBB rating was affirmed.
Fitch Downgrades Flowers Foods to 'BB+' on Persistent Volume Declines and Higher Leverage
Fitch Ratings has lowered Flowers Foods' credit rating to 'BB+' from 'BBB-', moving it into speculative-grade territory. The downgrade was driven by accelerating sales volume declines and expectations for sustained high leverage.
Colombian Stocks Slide 2.16% on Financial and Utility Sector Weakness
Colombia's benchmark COLCAP index ended Wednesday's session sharply lower, dragged down by significant losses in financial and public services stocks. The sell-off coincided with a stronger U.S. dollar and weakness in key commodity markets.
MOEX Russia Index Drops 1.93% as Energy and Mining Sectors Weaken
Russia's benchmark stock index closed sharply lower on Wednesday, weighed down by a broad sell-off in the country's key oil, gas, and mining industries amid falling commodity prices.
US DFC Approves €85 Million Loan to Ukraine's DTEK for Battery Storage Expansion
The U.S. International Development Finance Corporation has approved its largest energy sector loan to Ukraine since 2022, providing €85 million to private energy firm DTEK to enhance grid stability through battery storage.