05:02 PM EST, 12/03/2024 (MT Newswires) -- Crescent Energy ( CRGY ) said late Tuesday it started an underwritten public offering of 18 million class A shares. Underwriters will be given a 30-day option to buy up to an additional 2.7 million class A shares, the company said. Net proceeds from the offering will be used to back part of...

CHICAGO, Dec 3 (Reuters) - Global commodities trader Cargill began laying off employees across its vast operations on Tuesday in a drive to slash headcount by 5%, sending U.S. workers from supply chain, inventory control and other roles to look for new jobs. Cargill, a major grain merchant and U.S. beef processor, is facing a downturn in returns in cattle,...

05:00 PM EST, 12/03/2024 (MT Newswires) -- FTAI Aviation ( FTAI ) disclosed the sale of remaining offshore energy vessels Tuesday for about $143 million. The vessels include the Pioneer and the Pride, according to the company. The company said it will focus on its core business to provide power for the aftermarket of the two commercial engine programs, the...

Intuitive Machines Inc ( LUNR ) shares are trading lower in Tuesday’s after-hours session after the company announced a public offering and concurrent private placement. What Happened: After the market close on Tuesday, Intuitive Machines ( LUNR ) said it commenced an underwritten public offering of $65 million of its common stock. The company and a selling stockholder will grant...