(Reuters) - German chemicals distributor Brenntag said attacks on shipping in the Red Sea have led to delays and to increased costs that it has passed to its customers. The Red Sea crisis led to travelling times of an extra two-to-three weeks for the company's containers out of Asia-Pacific and caused freight costs to more than double, but the group...

09:55 AM EST, 03/07/2024 (MT Newswires) -- Morningstar DBRS on Thursday confirmed the issuer rating and senior unsecured debentures rating on Primaris Real Estate Investment Trust (PMZ-UN.TO) at BBB (high) with stable trends. The Stable trends consider Morningstar DBRS's expectation that Primaris will continue to manage leverage as measured by total debt-to-EBITDA in the mid 5.5 times (x) to 6.0x...

Mind Medicine Inc ( MNMD ) shares are trading higher Thursday after the company received FDA breakthrough therapy designation and announced positive study data. What Happened: MindMed announced that the FDA has granted breakthrough designation to its MM120 (lysergide d-tartrate) program for the treatment of generalized anxiety disorder.  The company also announced that its Phase 2b study of MM120 in...

Kroger Company ( KR ) shares are rising after it reported fourth-quarter FY23 sales growth of 6.4% year-on-year to $37.064 billion, slightly missing the analyst consensus estimate of $37.112 billion. Identical Sales without fuel decreased by 0.8%. Adjusted EPS of $1.34 and Adjusted EPS of $1.14, excluding the 53rd week, beat the consensus of $1.13. Gross margin was 22.7%, and the FIFO gross...