10:22 AM EDT, 05/14/2024 (MT Newswires) -- S&P Global Ratings said Monday that it has assigned its A debt rating to Sun Life Financial's ( SLF ) issuance of fixed-to-floating-rate subordinated debentures due 2036. The bonds are callable at par at year seven. Sun Life's financial leverage and fixed-charge coverage continue to support the ratings, S&P said. We expect financial...

JOHANNESBURG/ LONDON (Reuters) - BHP Chief Executive Mike Henry said that Anglo American investors need to consider the merits of his company's bid for its smaller London-listed rival, seeking to drum up support for a proposal that has been rejected twice. The CEO of the world's biggest listed mining group told investors at a metals and mining conference in Miami...

10:21 AM EDT, 05/14/2024 (MT Newswires) -- S&P Global Ratings on Monday revised the outlook on Strathcona Resources ( STHRF ) to Positive from Negative. The outlook revision comes after the company increased its production scale, and repaid the outstanding amounts under the term loan facility, alleviating associated refinancing risk. Based on projected free cash flows and the recent upsizing...

Jay Clayton, the former chair of the Securities and Exchange Commission (SEC), has voiced his apprehension regarding the recent surge in GameStop Corp. ( GME ) and AMC Entertainment Holdings Inc. ( AMC ) stock prices. What Happened: Clayton, in an interview with CNBC on Friday, expressed his concerns about the recent surge in the stock prices of GameStop (...