05:45 AM EDT, 05/03/2024 (MT Newswires) -- Magna International ( MGA ) reported Q1 adjusted earnings Friday of $1.08 per diluted share, down from $1.15 a year earlier. Analysts polled by Capital IQ expected $1.24. Sales for the quarter ended March 31 were $10.97 billion, compared with $10.67 billion a year earlier. Analysts polled by Capital IQ expected $10.98 billion....

CAIRO, May 2 (Reuters) - Egypt's Natural Gas Holding Company (EGAS) has struck an agreement with Norway's Hoegh LNG ( HMLPF ) to rent the Hoegh Galleon floating unit for liquefied natural gas (LNG), the Egyptian petroleum ministry said on Thursday. The floating storage and regasification unit will be leased to secure additional needs for domestic consumption during the summer,...

05:52 AM EDT, 05/03/2024 (MT Newswires) -- SVB Financial Group said late Thursday it has agreed to sell its investment platform business. A newly created entity affiliated with Pinegrove Capital Partners and backed by permanent capital from Brookfield Asset Management ( BAM ) and Sequoia Heritage will acquire SVB Capital. The company said SVB Capital would be acquired for cash...

05:46 AM EDT, 05/03/2024 (MT Newswires) -- Soleno Therapeutics ( SLNO ) said late Thursday it priced an underwritten public offering of 3 million common shares at $46 per share for expected gross proceeds of $138 million. The underwriters have been granted a 30-day option to purchase up to 450,000 additional shares. Net proceeds will be used to fund research...