04:57 PM EDT, 05/23/2024 (MT Newswires) -- Royal Philips (PHG) said late Thursday it priced 700 million euros ($756.9 million) of fixed rate notes due 2032 at 98.257% of par, with the offering more than 2 times oversubscribed. The company said the notes will have a debt-neutral effect, as the proceeds will be used for debt repayment in 2024 and...

By Aditya Soni, Gokul Pisharody and Lewis Krauskopf (Reuters) - Shares of Nvidia ( NVDA ) surged over 9% on Thursday, building on a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven boom in chip demand. The semiconductor bellwether's surge translated to an addition of around $218 billion in market value on the day, according...

04:57 PM EDT, 05/23/2024 (MT Newswires) -- Laurentian Bank (LB.TO) Thursday announced the upcoming retirement of chief risk officer William Mason, who it described as having been an integral part of the Bank since 2018, playing a pivotal role in fostering a robust risk-aware culture and driving long-term business success. During his tenure, the bank said Mason spearheaded initiatives that...

May 23 (Reuters) - Canada's Laurentian Bank has appointed its former executive Christian De Broux as its new chief risk officer, it said on Thursday. De Broux will assume his new role starting June 17. He was the chief credit officer in his previous tenure, according to his LinkedIn profile. He will succeed William Mason, who is retiring after six...