06:47 AM EST, 01/22/2025 (MT Newswires) -- RioCan Real Estate Investment Trust (REI-UN.TO) overnight Tuesday said it will issue $550 million of senior unsecured debentures in two series. The offering includes $250 million of Series AN senior unsecured debentures that will bear interest at Daily Compounded CORRA plus 0.85% per annum, payable quarterly in arrears, and will mature on March...

06:47 AM EST, 01/22/2025 (MT Newswires) -- Aptiv ( APTV ) said Wednesday that it plans to separate its electrical distribution systems business, creating two independent companies. After the separation, the company said Aptiv ( APTV ) would focus on advanced software and hardware technologies, while the new electrical distribution systems entity will provide low voltage and high voltage electrical...

06:43 AM EST, 01/22/2025 (MT Newswires) -- Oracle (ORCL), Microsoft ( MSFT )-backed (MSFT) OpenAI, and SoftBank announced a joint venture Tuesday called Stargate to create AI-focused data centers in the US, starting with a $100 billion investment and expanding to $500 billion during the next four years, OpenAI said in a statement Wednesday. The companies behind the project --...

06:45 AM EST, 01/22/2025 (MT Newswires) -- GE Vernova ( GEV ) reported Q4 earnings Wednesday of $1.73 per diluted share, up from $0.72 a year earlier. Analysts polled by FactSet expected $2.55. Revenue for the quarter ended Dec. 31 was $10.56 billion, compared with $10.05 billion a year earlier. Analysts surveyed by FactSet expected $10.70 billion. The company reaffirmed...