07:51 AM EDT, 09/03/2024 (MT Newswires) -- Delek US Holdings ( DK ) said Tuesday its board of directors approved a $400 million increase in its share repurchase authorization, raising the total available for buybacks to around $562 million. We see a lot of value in our equity and, subject to market conditions, we will continue to use share buybacks...

07:51 AM EDT, 09/03/2024 (MT Newswires) -- Corus (CJR-B.TO) on Tuesday amended its credit agreement with its bank group. Per the amendment, the leverage ratio for covenant purposes will remain at 4.75x through to October 15, 2024, with the company having the ability to request advances under the revolving facility to a certain limit. Additionally, there is a requirement to...

07:39 AM EDT, 09/03/2024 (MT Newswires) -- Shoals Technologies ( SHLS ) said Tuesday it received a favorable initial ruling from the US International Trade Commission in its patent infringement case against Voltage, as an Administrative Law Judge found on Friday that Voltage violated Section 337 of the Tariff Act of 1930 by importing infringing LYNX trunk bus products into...

06:50 AM EDT, 09/03/2024 (MT Newswires) -- General Motors ( GM ) shuttered production in Ecuador on Friday as part of a plan first announced in April, Reuters reported. The company said in April that its plant in Ecuador would stop producing cars at the end of August and that it would begin winding down production in neighboring Colombia immediately....