Dycom Industries, Inc. ( DY ) shares are trading lower after the company reported its second quarter FY25 results. Contract revenue increased 15.5% Y/Y to $1.203 billion, beating the consensus of $1.196 billion. Adjusted EBITDA increased to $158.3 million from $130.8 million a year ago. Adjusted EPS of $2.46 surpassed the street view of $2.26. In the quarter ending July 27, the company revised its credit agreement to increase term loan capacity and extend...

Aug 21 (Reuters) - Enterprise Products Partners ( EPD ) said on Wednesday it will buy Pinon Midstream for $950 million in cash. ...

DETROIT, Aug 21 (Reuters) - Ford Motor ( F ) is reshuffling its electric vehicle plans, killing its three-row SUV and delaying its next-generation pickup while adding a new pickup and van to its future lineup as it adjusts to slower-than-expected EV growth. The automaker will take a special non-cash charge of about $400 million for the write-down of certain...

08:16 AM EDT, 08/21/2024 (MT Newswires) -- Telephone and Data Systems' ( TDS/PV ) unit, TDS Telecommunications LLC, said Wednesday that it has agreed to transfer ownership of its cable operations in Texas under a joint agreement with Poka Lambro Telecommunications and Nevill Holdings. Financial terms of the agreement weren't disclosed. TDS Telecommunications said it will transfer its cable properties...