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CNBC News Releases Press Releases

  • ATLANTA, May 21, 2018/ PRNewswire/-- Southern Company today announced that it has entered into agreements to sell Gulf Power Company, Florida City Gas and the entities holding Southern Power's interests in Plant Oleander and Plant Stanton to NextEra Energy for an aggregate purchase price of approximately $6.475 billion. "This sale provides Southern Company...

  • JUNO BEACH, Fla., May 21, 2018/ PRNewswire/-- NextEra Energy, Inc. today announced it has entered into definitive agreements with Southern Company to acquire Gulf Power, Florida City Gas and its ownership interests in the Oleander and Stanton natural-gas generating plants located in Florida in transactions valued at approximately $6.475 billion, including the...

  • HOUSTON, May 21, 2018/ PRNewswire/-- Kraton Corporation today announced the results of the previously announced tender offer by its wholly-owned subsidiaries, Kraton Polymers LLC and Kraton Polymers Capital Corporation, to purchase any and all of the Issuers' outstanding 10.500% Senior Notes due 2023, which commenced on May 14, 2018 and expired at 5:00 p.m.,...

  • GREENSBORO, N.C., May 21, 2018/ PRNewswire/-- Tanger Factory Outlet Centers, Inc., announced today that Lisa Morrison has been promoted to Executive Vice President, and Chief Financial Officer James F. Williams has been promoted to an Executive Vice President, effective immediately. About Tanger Factory Outlet Centers, Inc.. Tanger Factory Outlet Centers, Inc., is a...

  • Global dividends jumped 10.2% on a headline basis to $244.7 billion in Q1, a record for first-quarter payouts Q1 exceeded expectations thanks to the weaker dollar; underlying growth of 5.9% met Janus Henderson's forecast All-time quarterly records broken in Canada and the US; first-quarter records broken in one in four countries Asia Pacific ex Japan was...

  • EL SEGUNDO, Calif., May 21, 2018/ PRNewswire/-- Mattel, Inc. announced today that it intends to offer, subject to market conditions and other factors, $500,000,000 in aggregate principal amount of its 6.750% Senior Notes due 2025. The New Notes are being sold in a private placement to qualified institutional buyers pursuant to Rule 144 A under the Securities Act of...

  • BRENTWOOD, Tenn.---- Quorum Health Corporation today announced that the Board of Directors has appointed Robert H. Fish as Interim Chief Executive Officer, effective immediately. Fish’ s appointment follows Thomas D. Miller’ s decision to retire from Quorum Health as President, Chief Executive Officer and a director of the Company. “Since its spin-off in 2016, Quorum...

  • ARLINGTON, Va.---- Graham Holdings Company today announced that it intends to offer, subject to market and other conditions, $400 million in aggregate principal amount of its senior unsecured notes due 2026. The Notes and related guarantees have not been and will not be registered under the Securities Act of 1933, as amended, or any state securities laws, and may not...

  • WILMINGTON, Del., May 21, 2018/ PRNewswire/-- The Chemours Company, a global chemistry company with leading market positions in fluoroproducts, chemical solutions and titanium technologies, today announced that it has commenced a tender offer to purchase for cash up to $250,000,000 of its outstanding 6.625% senior notes due 2023. In connection with the Tender...

  • WILMINGTON, Del., May 21, 2018/ PRNewswire/-- The Chemours Company, a global chemistry company with leading market positions in fluoroproducts, chemical solutions and titanium technologies, today announced that it has commenced a tender offer to purchase for cash any and all of its outstanding 6.125% senior notes due 2023. In connection with the Tender Offer,...

  • WILMINGTON, Del., May 21, 2018/ PRNewswire/-- The Chemours Company, a global chemistry company with leading market positions in fluoroproducts, chemical solutions and titanium technologies, today announced the commencement of a registered underwritten public offering of fixed rate senior notes. The net proceeds of the offering are expected to be used to fund...

  • ALACHUA, Fla., May 21, 2018-- AxoGen, Inc., a global leader in developing and marketing innovative surgical solutions for peripheral nerves, today announced that its Board of Directors has elected Karen Zaderej as Chairman of the Board in addition to her current role as President and Chief Executive Officer, effective immediately. “As the founder of AxoGen, it has...

  • ROUND ROCK, Texas, May 21, 2018/ PRNewswire/-- Dell Technologies will conduct a conference call Monday, June 4, 2018, at 7 a.m. CDT to discuss its Fiscal 2019 first quarter financial results. The conference will be available to the public as a live, audio-only webcast on Dell Technologies' website at investors.delltechnologies.com; an archived version will be...

  • THE WOODLANDS, Texas, May 21, 2018/ PRNewswire/-- Newpark Resources, Inc. today announced that Anthony J. Best has been named Chairman of the Board effective May 17, 2018, succeeding David C. Anderson, following Mr. Best served as President and Chief Executive Officer of Pure Resources, Inc., an exploration and production company in Midland, Texas, and held various...

  • ALBUQUERQUE, N.M., May 21, 2018/ PRNewswire/-- Pattern Energy Group 2 LP announced today the acquisition of two development assets in New Mexico from Clean Line Energy Partners, the Western Spirit Transmission Line and the Mesa Canyons Wind Farm. The addition of Mesa Canyons will bring Pattern Development's wind development footprint in the Estancia Valley of...

  • Following the transaction, Wabtec will have approximately $8 billion in revenues, a more diversified business mix, higher margins, and approximately 15 percent cash EPS accretion in year one. Both businesses are expected to benefit from the cyclical tailwinds they are experiencing as industry conditions improve. The 2019 EBITDA multiple range including...

  • ROCKVILLE, Md. and HONG KONG, May 21, 2018/ PRNewswire/-- Ascentage Pharma, a global clinical-stage biopharmaceutical company dedicated to developing apoptosis-targeted therapies for cancers and other diseases, today announced that interim results from two clinical programs will be presented at the 2018 American Society of Clinical Oncology annual...

  • EDINBURGH, United Kingdom, May 21, 2018-- NuCana plc, a clinical-stage biopharmaceutical company focused on significantly improving treatment outcomes for cancer patients, announced the appointment of Dr. Leperlier served as Senior Scientific Advisor for Sanofi’ s Corporate Business Development and M&A Group, where, among other transactions, he was deeply...

  • MILPITAS, Calif.---- FireEye, Inc. today announced its intention to offer, subject to market conditions and other factors, $525.0 million aggregate principal amount of convertible senior notes due 2024, in a private placement to qualified institutional buyers pursuant to Rule 144 A under the Securities Act of 1933, as amended. FireEye expects that holders of the...

  • NASHVILLE, Tenn.---- Montecito Medical Real Estate recently announced the acquisition of North Carolina Eye, Ear, Nose,& Throat medical office building, a long-established and leading provider in Durham, North Carolina. The two-story, 34,106 square-foot building is 100 percent occupied by North Carolina Eye, Ear, Nose,& Throat, the largest physician-owned eye, ear,...