03:52 PM EDT, 05/06/2024 (MT Newswires) -- Some 80% of S&P 500 companies have reported their latest financial results so far in the current cycle, with earnings up 5% year over year on the back of 4.2% growth in revenue, Oppenheimer Asset Management said Monday. The brokerage said that 401 companies in the benchmark equity index have already posted their...

NEW YORK (Reuters) - Steward Health, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust ( MPW ). Steward, the largest private physician-owned for-profit healthcare network in the U.S., said it would continue serving patients as normal during its bankruptcy....

03:47 PM EDT, 05/06/2024 (MT Newswires) -- UBS (UBS) is expecting to complete the integration of legal entities in the Credit Suisse merger by the end of May, the Financial Times reported Monday, citing people familiar with the matter. The formal acquisition of Credit Suisse's business units by UBS later this month marks another significant milestone in a process that...

03:53 PM EDT, 05/06/2024 (MT Newswires) -- International Battery Metals ( IBATF ) on Monday said it and US Magnesium LLC reached an agreement for the installation of its first-of-its-kind, modular direct lithium extraction (DLE) plant installed at a brine resource. The mobile facility is co-located at US Mag's existing operations outside Salt Lake City, Utah. IBAT's plant will process...