EnLink Midstream ( ENLC ) shares are trading higher premarket Thursday after ONEOK, Inc. ( OKE ) agreed to acquire Global Infrastructure Partners‘ (GIP) 43% stake in the company for $3 billion, or $14.90 per unit. The per unit price represents a 12.8% premium over EnLink’s closing market price as of Aug. 27, 2024. The deal also includes 100% of...

Victoria’s Secret & Co. shares are trading lower after the company reported second-quarter results yesterday. Revenue fell 1% Y/Y to $1.417 billion, beating the consensus of $1.41 billion. Total comparable sales for the quarter decreased 3%. Adjusted operating income stood at $62 million vs. $49 million a year ago.  Adjusted EPS of $0.40 beat the consensus of $0.36, slightly above the recently reported preliminary adjusted EPS of $0.34 – $0.39....

09:40 AM EDT, 08/29/2024 (MT Newswires) -- Chart Industries ( GTLS ) said Thursday it is collaborating with Element Resources to support the adoption of hydrogen and other clean fuels through an eco-system approach. The collaboration focuses on developing hydrogen fuel supply, distribution, storage, and transportation systems, the company said. Chart Industries ( GTLS ) shares were up 2.2% in...

09:37 AM EDT, 08/29/2024 (MT Newswires) -- Price: 4.49, Change: +0.30, Percent Change: +7.14 ...