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Warren Buffett's Berkshire Hathaway boosts bet on Constellation Brands, unloads Citigroup
New York Post· 2025-05-15 21:19
Warren Buffett’s Berkshire Hathaway said Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands, while selling its holdings in Citigroup and Brazilian fintech lender Nu Holdings.Berkshire disclosed the trades in a regulatory filing detailing its US-listed stock holdings as of March 31.It said its Constellation stake grew to about 12 million shares from 5.6 million at year end, giving it a 6.6% stake in the maker of Corona and Modelo Especial beer, and Meiomi, Robert Mon ...
Bullish Case for These Energy Stocks: GLP, NFG, EPSN
ZACKS· 2025-05-15 21:15
Energy stocks are beginning to reassert their strength as macro conditions improve and demand drivers multiply. With recession fears easing as tariff negotiations show signs of progress, the market backdrop is turning more favorable, and energy names are catching a bid.Adding to the bullish case is the continued global buildout of data centers, which is expected to drive a massive increase in electricity demand. AI infrastructure, cloud computing, and high-performance servers all require significant power, ...
RUBIS: Rubis announces the departure of Nils Christian Bergene
GlobeNewswire· 2025-05-15 21:15
Paris, 15 May 2025, 11:15pm Nils Christian Bergene has announced today his decision to step down from his roles as Chairman and member of the Supervisory Board of Rubis. Acknowledging his resignation, the members of the Supervisory Board have met and have decided to appoint Marc-Olivier Laurent as new Chairman effective immediately. All members of the Supervisory Board of Rubis, along with the Management Board, wish to thank Nils Christian Bergene for his active contribution to the Board's work and for his ...
Mawson Infrastructure Group Inc. Reports Q1 2025 Unaudited Financial Results
GlobeNewswire· 2025-05-15 21:15
27% Y/Y Growth in Digital Colocation Revenue in Q1 2025 24% Y/Y Growth in Energy Management Revenue in Q1 2025 Executed New Digital Colocation Customer Agreement in Q1 2025 for about 17,453 latest-generation ASICS or about 64 MW of compute capacity at Mawson’s facilities MIDLAND, Pa., May 15, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. ("Mawson", "the Company"), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance ...
CAPREIT Renews At-The-Market Equity Program
GlobeNewswire· 2025-05-15 21:15
TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has renewed its at-the-market equity program (the “ATM Program”) allowing CAPREIT to issue units of CAPREIT (“Trust Units”) up to an aggregate sale price of $300 million from treasury to the public from time to time, at its sole discretion. Any Trust Units sold in the ATM Program will be sold directly through the Toronto Stock Exchange (the “TSX”) or on any ot ...
AT&T Announces Preliminary Results of 2025 Annual Meeting
Prnewswire· 2025-05-15 21:13
DALLAS, May 15, 2025 /PRNewswire/ -- Final voting results will be posted to the AT&T Investor Relations website Key Takeaways: AT&T held its annual stockholder meeting on May 15. All 10 nominees to the company's board of directors were re-elected to a one-year term. Once final voting results are available, they will be filed with the SEC and posted on the AT&T Investor Relations website and on AT&T's proxy website.AT&T Inc. (NYSE: T) announced the preliminary results of its annual meeting of stockholders, w ...
South Bow Announces Approval of Resolutions at Annual General Meeting of Shareholders
GlobeNewswire· 2025-05-15 21:09
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces that its shareholders approved all resolutions at the Company's annual general meeting held on May 15, 2025 (the Meeting). During the business proceedings of the Meeting, South Bow's shareholders approved the following resolutions: 1. Resolution to appoint 11 board members, with 96.51% to 99.83% of shares represented at the Meeting voting in favour of the individual directors as follows ...
Biofrontera Inc. Reports First Quarter 2025 Financial Results and Provides a Business Update
GlobeNewswire· 2025-05-15 21:09
Conference call begins at 10:00 a.m. Eastern time on Friday, May 16, 2025 WOBURN, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Biofrontera Inc. (NASDAQ:BFRI) (the "Company"), a biopharmaceutical company specializing in the commercialization of dermatologic products, today reported financial results for the three months ended March 31, 2025 and provided a business update. Highlights from the first quarter of 2025 and subsequent weeks included the following: Total revenues for the first quarter of 2025 were $8.6 m ...
South Bow Reports First-quarter 2025 Results and Declares Dividend
GlobeNewswire· 2025-05-15 21:07
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2025 financial and operational results and provides an update on its 2025 outlook. Unless otherwise noted, all financial figures in this news release are in U.S. dollars. Highlights Safety and operational performance Recorded first-quarter 2025 throughput of approximately 613,000 barrels per day (bbl/d) on the Keystone Pipeline, with a System Operating Factor (SOF) of 98 ...
Troilus Secures US$35 Million Loan Facility to Advance Pre-Development Activities
GlobeNewswire· 2025-05-15 21:05
MONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) (“Troilus” or the “Company”) announces that it has secured a loan agreement (the “Loan Agreement”) with Auramet International, Inc. (the “Lender”) for a principal amount of up to US$35 million (~CDN$49 million) (the “Loan”). This non-dilutive facility will support Troilus’ near-term development activities, including final permitting, early works preparation, and advancement toward full project financing. Just ...