12:41 PM EDT, 10/15/2024 (MT Newswires) -- NRG Energy ( NRG ) said Tuesday its unit APX Group has started an offer to purchase its outstanding $600 million of 6.75% senior secured notes due 2027 for cash. APX is also soliciting consents to adopt certain proposed amendments to the indenture that governs the notes. The tender offer is set to...

PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, its first decline in quarterly sales since the pandemic, as rising prices and economic uncertainty held back shoppers. Revenue for the world's biggest luxury group was 19.08 billion euros ($20.8 billion) for the three months ending in September, a 3% fall on an organic basis,...

Oct 15 (Reuters) - U.S. holiday sales are expected to grow as much as 3.5%, the slowest pace in six years, the National Retail Federation forecast on Tuesday, as shoppers turn more frugal and get picky with spending on non-essentials. Holiday sales are set to rise between $979.5 billion and $989 billion from November to December, the retail industry group...

Pineapple Energy Inc. ( PEGY ) shares are trading lower Tuesday after the company announced it will effect a 1-for-50 reverse stock split. The Details: The stock will begin trading on a post-split basis on Thursday, Oct. 17, and the reverse split will reduce the number of outstanding shares from 133.3 million shares to 2.66 million shares. Pineapple Energy (...