Danaos Corporation ( DAC ) shares are trading lower after it reported first-quarter FY24 results. Operating revenues increased by 4.0% Y/Y to $253.4 million, missing the consensus of $256.0 million. Vessel operating expenses increased by $2.5 million to $43.1 million in the quarter due to an increase in the average number of vessels in the fleet due to recent dry bulk vessels acquisitions. Adjusted...

01:27 PM EDT, 05/28/2024 (MT Newswires) -- BHP Group ( BHP ) and Anglo American remain divided on BHP's buyout proposal as the Australian's mining company has less than a day left to commit to an offer, Bloomberg News reported Tuesday, citing people familiar with the matter. BHP Chief Executive Officer Mike Henry has flown to London for last-minute meetings...

01:16 PM EDT, 05/28/2024 (MT Newswires) -- Alphabet's (GOOG) Google Fiber said Tuesday John Abbot was named its first chief financial officer. Abbot most recently served as CFO at Dataminr before joining Google Fiber. Price: 177.53, Change: +1.20, Percent Change: +0.68 ...

FRANKFURT (Reuters) - Siemens Energy's troubled wind division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its staff, the unit's CEO Jochen Eickholt said in an internal letter to staff seen by Reuters. Our current situation demands adjustments that go beyond organizational changes. We have to adapt to lower business volumes, reduced activity in non-core markets,...