05:37 PM EST, 01/27/2025 (MT Newswires) -- 89bio (ETNB) said late Monday it launched a public offering of $250 million in common shares or, in lieu of shares, pre-funded warrants to purchase such shares. The company expects to grant a 30-day overallotment option to the underwriters to acquire up to $37.5 million of additional shares. 89bio plans to use the...

05:34 PM EST, 01/27/2025 (MT Newswires) -- A UGI (UGI) unit's joint venture, Pine Run Gathering, said late Monday it has completed the acquisition of Superior Midstream Appalachian for $120 million, subject to customary adjustments. Pine Run, in which UGI Energy Services has a 49% stake, said the transaction was entirely debt-funded and expected to be immediately accretive to earnings....

05:37 PM EST, 01/27/2025 (MT Newswires) -- CNX Resources ( CNX ) closed the $505 million cash acquisition of the natural gas upstream and associated midstream business in the Appalachian Basin of Apex Energy II, a portfolio company of funds managed by Carnelian Energy Capital Management. The acquisition is expected to be immediately accretive to free cash flow per share,...

Jan 27 (Reuters) - U.S. steelmaker Nucor Corp ( NUE ) reported a drop in fourth-quarter revenue and profit on Monday, as selling prices declined in its mills and products segments. The industry has been struggling as distributors have refrained from purchasing material in excess of their inventory amid a supply glut fueled by domestic production and imports. Nucor (...