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PPL Capital Funding, Inc. announces proposed private placement of $1 billion of Exchangeable Senior Notes
Prnewswire· 2025-11-19 11:50
Accessibility StatementSkip Navigation ALLENTOWN, Pa., Nov. 19, 2025 /PRNewswire/ -- PPL Capital Funding, Inc. ("PPL Capital Funding"), a wholly-owned subsidiary of PPL Corporation (NYSE: PPL), announced today that it intends to offer, subject to market conditions and other factors, $1 billion aggregate principal amount of its Exchangeable Senior Notes due 2030 (the "notes") in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A unde ...
Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction
Prnewswire· 2025-11-19 11:50
Accessibility StatementSkip Navigation MAUMEE, Ohio and INDIANAPOLIS, Nov. 19, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) and Allison Transmission Holdings, Inc. (NYSE: ALSN) today announced that all required regulatory approvals related to the previously announced sale of Dana's Off-Highway business to Allison have been received. The parties intend to close the transaction at or near the end of this year. "This milestone marks a significant step forward in our transformation strategy," said R. Bru ...
Brightstar Lottery Reaffirms Sustainability Commitment in Its 2024 Sustainability Report
Prnewswire· 2025-11-19 11:45
Accessibility StatementSkip Navigation The 18 annual report marks the Company's first since becoming a pure-play lottery business and introduces its enhanced sustainability strategy LONDON, Nov. 19, 2025 /PRNewswire/ -- Brightstar Lottery PLC (NYSE: BRSL) ("Brightstar") announced today the release of its 2024 Sustainability Report, showcasing the Company's continued commitment to global sustainability under its new pure-play lottery brand. Brightstar's new sustainability strategy is guided by three key elem ...
Brightstar Lottery Reaffirms Sustainability Commitment in Its 2024 Sustainability Report
Prnewswire· 2025-11-19 11:45
Accessibility StatementSkip Navigation The 18 annual report marks the Company's first since becoming a pure-play lottery business and introduces its enhanced sustainability strategy LONDON, Nov. 19, 2025 /PRNewswire/ -- Brightstar Lottery PLC (NYSE: BRSL) ("Brightstar") announced today the release of its 2024 Sustainability Report, showcasing the Company's continued commitment to global sustainability under its new pure-play lottery brand. Cautionary Statement Regarding Forward-Looking StatementsThis news r ...
Lilly announces plans to open Lilly Gateway Labs site in Philadelphia
Prnewswire· 2025-11-19 11:45
Core Insights - Eli Lilly and Company is set to open a new Lilly Gateway Labs site in Philadelphia, enhancing its commitment to fostering biotech innovation in key life sciences hubs [2][3] Company Expansion - The new Gateway Labs site will span 44,000 square feet at 2300 Market, a life sciences facility developed by Breakthrough Properties, providing early-stage biotech companies with fully equipped wet lab facilities and strategic scientific engagement [2] - This expansion in Philadelphia adds to Lilly's existing Gateway Labs locations in Boston, South San Francisco, and San Diego, reinforcing its strategy to establish innovation centers in areas with strong research and entrepreneurial ecosystems [2][3] Biotech Innovation Support - Lilly Gateway Labs is part of the broader Lilly Catalyze360 initiative, which includes Lilly Ventures and other programs aimed at supporting biotech innovation through access to capital, lab space, and advanced research capabilities [3] - Since the inception of the first Gateway Labs site in 2019, resident companies have collectively raised over $3 billion, contributing to the development of more than 50 therapeutic programs [3][5] Industry Context - Philadelphia is recognized as a leading biotech innovation hub, with a history of significant contributions to vaccine development, gene therapy, and Alzheimer's research, making it an ideal location for the new Gateway Labs site [2] - The establishment of the Philadelphia site is expected to catalyze community-building among biotechs, venture partners, and other stakeholders in the life sciences sector [2]
Kennametal to Attend Goldman Sachs Industrials and Materials Conference
Prnewswire· 2025-11-19 11:30
Group 1 - Kennametal Inc. will attend the Goldman Sachs Industrials and Materials Conference in New York City on December 3, 2025 [1] - Key attendees from Kennametal include Patrick Watson (CFO), Faisal Hamadi (President of Infrastructure), and Michael Pici (VP of Investor Relations) [1] - Kennametal has over 85 years of experience as an industrial technology leader, focusing on materials science, tooling, and wear-resistant solutions [2] Group 2 - The company serves customers in various sectors including aerospace, defense, earthworks, energy, general engineering, and transportation [2] - Kennametal employs approximately 8,100 people and operates in nearly 100 countries [2] - The company generated nearly $2 billion in revenues in fiscal 2025 [2]
VIAVI Receives Award from U.S. Department of Transportation to Advance Complementary Position, Navigation, and Timing (CPNT) for Critical Infrastructure
Prnewswire· 2025-11-19 11:30
Accessibility StatementSkip Navigation VIAVI assured PNT solutions will be integrated at NTIA-funded VALORâ"¢ and ORCID Labs to test and demonstrate their ability to protect cellular networks CHANDLER, Ariz., Nov. 19, 2025 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has received an award from the U.S. Department of Transportation (DOT) through its Complementary Positioning, Navigation, and Timing (CPNT) Action Plan Rapid Phase II. VIAVI will integrate and test its SecureTime altGNSS GEO-L ...
Prudential Advisors accelerates momentum in 2025, welcoming experienced financial advisors and expanding its national footprint
Prnewswire· 2025-11-19 11:00
Accessibility StatementSkip Navigation New financial advisors represent more than $3 billion in client assets, and increase advisor headcount by nearly 9%. NEWARK, N.J., Nov. 19, 2025 /PRNewswire/ --Â Prudential Advisors, the retail arm of Prudential Financial, Inc. (NYSE: PRU), continues to build on strong business momentum in 2025, expanding its advisor network and deepening its impact across the country. Through Oct. 31, the firm has welcomed experienced financial advisors managing nearly $3 billion in c ...
LOWE'S REPORTS THIRD QUARTER 2025 SALES AND EARNINGS RESULTS
Prnewswire· 2025-11-19 11:00
Core Insights - Lowe's Companies, Inc. reported net earnings of $1.6 billion and diluted EPS of $2.88 for Q3 2025, a decrease from $2.99 in Q3 2024. Adjusted diluted EPS increased by 5.9% to $3.06 when excluding $129 million in pre-tax expenses related to acquisitions [1][19][20] Financial Performance - Total sales for the quarter reached $20.8 billion, up from $20.2 billion in the same quarter last year. Comparable sales increased by 0.4%, driven by an 11.4% growth in online sales and double-digit growth in home services and Pro sales [2][3] - Gross margin for the quarter was 34.19%, compared to 33.69% in the prior year, indicating improved profitability [13] - Operating income was $2.481 billion, representing 11.92% of sales, down from 12.57% in Q3 2024 [13] Capital Allocation - The company invested $8.8 billion in the acquisition of Foundation Building Materials and paid $673 million in dividends during the quarter [4][19] - Lowe's updated its full-year 2025 outlook, projecting total sales of $86.0 billion, adjusted operating margin of 12.1%, and adjusted diluted EPS of approximately $12.25 [5][9] Business Outlook - The company anticipates ongoing uncertainty in the macroeconomic environment, which has influenced its updated outlook for 2025 [5][9] - Lowe's continues to focus on enhancing its offerings to Pro customers following the recent acquisitions, aiming for sustainable long-term sales and profit growth [3][5] Operational Metrics - As of October 31, 2025, Lowe's operated 1,756 stores, covering 195.8 million square feet of retail space [3] - The company serves approximately 16 million customer transactions weekly, with total fiscal year 2024 sales exceeding $83 billion [7]
Theravance Biopharma to Participate in Upcoming Investor Conferences
Prnewswire· 2025-11-19 11:00
Accessibility StatementSkip Navigation SOURCE Theravance Biopharma, Inc. 21% DUBLIN, Nov. 19, 2025 /PRNewswire/ -- Theravance Biopharma, Inc. (NASDAQ: TBPH) today announced that management will participate in the following investor conferences in December 2025: 8 Annual Evercore Healthcare ConferenceLocation: Coral Gables, FLFormat: Fireside ChatDate: Thursday, December 4, 2025Time: 8:20-8:40 AM ETWebcast Oppenheimer Movers in Rare Disease SummitLocation: New York, NYFormat: Panel Discussion - Elevator Pitc ...