04:48 AM EDT, 04/12/2024 (MT Newswires) -- Transocean ( RIG ) on Thursday priced an upsized private offering of $900 million of senior notes due 2029 at 8.25% and $900 million of senior notes due 2031 at 8.5%. The offering is expected to close on or about April 18, subject to customary closing conditions. The Steinhausen, Switzerland-based company intends to...

April 12 (Reuters) - Chinese officials had earlier this year directed the nation's largest telecom carriers to phase out foreign processors that are core to their networks by 2027, a move which would hit American chip giants Intel ( INTC ) and Advanced Micro Devices ( AMD ), the Wall Street Journal reported on Friday. (Reporting by Akanksha Khushi in...

04:36 AM EDT, 04/12/2024 (MT Newswires) -- (Updates with analyst comments in the first and last five paragraphs.) Constellation Brands' ( STZ ) free cash flow growth will be driven by steady market share gains in its beer business and margin expansion from low-end wine divestitures, according to a note from D.A. Davidson late Thursday following the company's fiscal Q4...

04:51 AM EDT, 04/12/2024 (MT Newswires) -- Provident Financial Services ( PFS ) and Lakeland Bancorp ( LBAI ) said late Thursday the Federal Reserve board has approved their proposed merger, completing the regulatory approvals required to close the deal. The companies said they expect to close the merger in Q2, subject to the completion of certain subordinated debt issuance...