The apparel group raised its full-year GAAP and non-GAAP earnings outlook after second-quarter gross margin expanded to 45.2%, even as quarterly sales fell 10%.
Kontoor Brands said at Helly Hansen Investor Day that it expects the outdoor and workwear label to generate more than $1.1 billion in revenue by 2030, alongside higher…
The central bank kept its overnight-rate target unchanged for a seventh straight decision as high energy prices and new trade measures complicated the outlook.
Household consumption rose 0.4% and net trade added to growth for the first time since late 2023, while overall private investment was flat.
BW LPG fixed a 2.25% coupon and 40% conversion premium on the five-year financing, with net proceeds intended partly for its $940 million Panamax VLGC newbuild program.
The competition regulator has opened its formal review of E.ON’s planned OVO purchase and set October 28 as the Phase 1 decision deadline.
The Irish homebuilder moved revenue and operating-profit forecasts to the top of prior ranges, lifted ROE guidance to about 17%, and announced a new €50 million share buyback.
The Japanese trading house bought 82.7 million shares in an oversubscribed tender offer and will use the remaining authorization for Tokyo Stock Exchange purchases.
The healthcare REIT’s new senior unsecured facility matures in August 2031 and increases committed capacity by $130 million, with RBC Capital Markets leading a three-bank syndicate.
Comstock outlined a proposed $1.65 billion minority-stake sale to SOCAR and a separate $450 million drilling venture backed by the Jones family, moves aimed at cutting debt and…