07:17 AM EDT, 05/17/2024 (MT Newswires) -- D.R. Horton ( DHI ) reported on Friday the sudden passing of its Founder and Chairman Donald Horton. The company's vice-chairman, David Auld, has been appointed the board's chairman, effective immediately. Horton, age 74, has served as chairman since the company was formed in July 1991 and has also held the positions of...

07:23 AM EDT, 05/17/2024 (MT Newswires) -- nVent Electric ( NVT ) said Friday that its board has approved a three-year share-repurchase program to buy back up to $500 million of its shares. The program will take effect July 23, upon the expiration of the company's current share-repurchase program. Meanwhile, the company maintained a regular quarterly cash dividend of $0.19...

07:16 AM EDT, 05/17/2024 (MT Newswires) -- The AES Corp. ( AES ) said Thursday it has priced $950 million worth of 7.6% fixed-to-fixed rate reset junior subordinated green notes due 2055. The offering will likely close on Tuesday, said the company, which plans to allocate the net proceeds toward eligible green projects and general corporate purposes. Price: 21.30, Change:...

07:15 AM EDT, 05/17/2024 (MT Newswires) -- Hess (HES) shareholders have been advised by proxy advisory firm Glass Lewis to vote in favor of Chevron's ( CVX ) proposed $53 billion all-stock acquisition, multiple news outlets reported on Friday. The merits of the proposed offer are sound and reasonable, Glass Lewis said, according to a Bloomberg report. Chevron ( CVX...