Spencer Platt/Getty Images News Samsung Electronics’ (OTCPK:SSNLF) will raise the prices of DRAM for servers and NAND flash products for companies by 15% to 20% in the third quarter, Maeil Business Newspaper reported. The South Korean company is expected to improve its performance in the second half of the yearContinue Reading
SolarEdge Technologies (NASDAQ:SEDG) has priced its private offering of $300M convertible senior notes due 2029. The notes will bear interest at 2.25% per year, payable semiannually, beginning on January 1, 2025. They will mature on July 1, 2029, unless earlier repurchased, redeemed or converted. Initial purchasers will have a 13-dayContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures tilted lower Tuesday after ending the previous session at nearly two-month highs, as the oil market awaits the weekly U.S. inventories report for indications of demand for crude and gasoline ahead of the July 4 holiday weekend. Claudio Galimberti, director of global marketContinue Reading
straga/iStock via Getty Images U.S. natural gas futures surrendered part of the previous session’s gains on Tuesday, while spot natural gas prices in Texas fell below zero for the first time since May. The forecast for the next two weeks “remains rather hot and with a bullish lean most days,”Continue Reading
Joe Raedle/Getty Images News Toronto-Dominion Bank (NYSE:TD) priced a U.S. public offering of US$750M of 7.250% fixed rate reset limited recourse capital notes (LRCNs), series 4, the company said late Monday. The LRCNs will bear an interest rate of 7.250% annually, payable quarterly, for the initial period ending on, butContinue Reading
Waste Management (NYSE:WM) has priced a public offering of $1.5 billion principal amount of senior notes, which includes $750 million principal amount of 4.950% senior notes due July 3, 2027; and $750 million principal amount of 4.950% senior notes due July 3, 2031. The notes will be guaranteed by theContinue Reading
pedrosala/iStock via Getty Images Higher electricity bills are ahead for most of the U.S. this summer, as the Energy Information Administration forecasts the average monthly residential power bill in the U.S. rising to $173 in June, July and August, up 3% from a year ago. The biggest bumps in electricityContinue Reading
Magdalena Wygralak Restaurants are having to adjust as consumers push back against the surges in prices since the pandemic due to their own higher costs for ingredients, labor, rent, and other operational expenses. While most restaurant operators have not pulled back their menu prices across the board, recent promotions haveContinue Reading
