Core Viewpoint - SM Energy and Civitas Resources are moving forward with a planned merger aimed at creating significant shareholder value through synergies and strategic divestitures [1][17]. Management and Board Structure - The leadership team post-transaction will include experienced executives such as Beth McDonald as CEO and Wade Pursell as CFO [2]. - The Board of Directors will consist of 11 members, with six from SM Energy and five from Civitas, led by Non-Executive Chairman Julio Quintana [2]. Financial Strategy and Synergies - The companies aim to achieve at least $1 billion in divestitures within the first year after the merger to strengthen the balance sheet and enhance shareholder returns [2]. - Expected annual synergies are projected to be $200 million, with potential upside to $300 million, translating to a net present value (NPV-10) of $1.0 billion to $1.5 billion, representing 22% to 32% of the pro-forma market cap [2][3]. - Specific synergies include: - Drilling and completion savings of $100–$150 million [2]. - General and administrative (G&A) savings of $70–$95 million [3]. - Cost of capital savings of $30–$55 million [3]. Market Response - S&P Global Ratings and Fitch Ratings have placed SM Energy on CreditWatch Positive and Rating Watch Positive, indicating strong confidence in the post-merger outlook and improved credit profile [3].

Alliance provides eligible HGV team members with up to 100% tuition and fees savings for select online programs ORLANDO, Fla., Nov. 17, 2025 /PRNewswire/ -- Rasmussen University today announced a new corporate alliance with Hilton Grand Vacations (HGV), a leading global vacation ownership company with more than 22,000 team members worldwide. Through HGV's Tuition Assistance program and Rasmussen University's Professional Achievement Grant, eligible HGV team members can take advantage of significant educatio ...

Accessibility StatementSkip Navigation Acquisition Complements The Work Numberfrom Equifax, Helping Employers and Verifiers Make More Informed Decisions in Less Time ATLANTA, Nov. 17, 2025 /PRNewswire/ -- Equifax (NYSE: EFX) today announced that it has completed the acquisition of Vault Verify, a provider of human resources services, including employment and income verification services. This acquisition enhances the data that Equifax provides to verifiers to help them make more informed decisions in less t ...

The Company is evaluating acquisitions of engineering, procurement, and construction (EPC) solar providers, as well as reviewing seven solar power plant projects ranging from 300 kW to 1.5 MW. These steps position Thunder Power for vertical integration and improved margins in renewable energy deployment. Accessibility StatementSkip Navigation Thunder Power accelerates integration of Taiwan assets and expands renewable energy portfolio, marking a tenfold increase in solar capacity to advance third-quarter op ...

Accessibility StatementSkip Navigation TROY, Mich., Nov. 17, 2025 /PRNewswire/ -- Intuit Inc.'s recent report has investors wondering if the company's stock is fairly valued. Or is it in the buy range? As such, the Editorial Advisory and Securities Review Committee of BetterInvesting Magazine consider Intuit (NASDAQ: INTU) as worthy of further study and has named the company its "Stock to Study" for the January/February 2026 issue for investors' informational and educational use. The fundamental data is e ...

Core Insights - Lucid Group, Inc. successfully closed a $975.0 million offering of convertible senior notes due in 2031, including a full exercise of the option for an additional $100.0 million [1][6] - The net proceeds from this offering are approximately $962.4 million, which will be used primarily to repurchase existing convertible senior notes and for general corporate purposes [2][6] - The company aims to strengthen its balance sheet and position itself for long-term growth while minimizing the impact on existing shareholders [2] Financial Details - Lucid utilized about $752.2 million of the net proceeds to repurchase approximately $755.7 million of its outstanding 1.25% convertible senior notes due in 2026 [2][6] - The offering is expected to enhance the company's financial flexibility, allowing it to manage potential dilution and cash obligations through various settlement options [3] Company Overview - Lucid Group is a technology company based in Silicon Valley, focused on producing advanced electric vehicles (EVs) such as the Lucid Air and Lucid Gravity SUV, which are known for their performance, design, and energy efficiency [4] - The company operates state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia, contributing to its innovative EV technology [4]

The share repurchases may occur from time-to-time through open market purchases at prevailing market prices or through privately negotiated transactions as permitted by securities laws and other legal requirements. The Company expects to fund all purchases from existing cash balances, cash available under the Company's revolving credit facility and future cash flows from operations. The program allows the Company to repurchase its shares at its discretion. Market conditions, price, corporate and regulatory ...

Accessibility StatementSkip Navigation NEW YORK, Nov. 17, 2025 /PRNewswire/ -- WhiteFiber, Inc. (NASDAQ: WYFI), a leading provider of AI infrastructure and HPC solutions, today announced its planned participation in a series of investor conferences through the remainder of 2025. Investor Contact: [email protected] Media Contact: [email protected] SOURCE WhiteFiber, Inc. 21% more press release views with Request a Demo Also from this source WhiteFiber, Inc. Reports Third Quarter 2025 Results WhiteFiber's ...

Accessibility StatementSkip Navigation About POP Culture Group Co., Ltd. Pop Culture Group Co., Ltd is a Chinese pop culture company headquartered in Xiamen, China. The Company aims to promote Chinese pop culture and its values while fostering cultural exchanges between the United States and China. With the values of Chinese pop culture at its core and the younger generation as its primary target audience, the Company hosts entertainment events, operates Chinese pop culture online programs, and provides eve ...

Accessibility StatementSkip Navigation CEO of Palo Alto Networks recognized for his visionary leadership in the strengthening of Europe's digital security infrastructure SANTA CLARA, Calif., Nov. 17, 2025 /PRNewswire/ --Â The American Council on Germany (ACG) has honored Nikesh Arora, Chairman and CEO of Palo Alto Networks (NASDAQ: PANW), with this year's John J. McCloy Award. The ACG celebrated Arora for his work in building digital resilience across the Atlantic in a new era of AI transformation. 21% Hono ...