Workflow
MKS Announces Closing of Private Offering of €1 Billion of 4.250% Senior Notes and Refinancing of Term Loan Facility
Globenewswire· 2026-02-04 14:08
Core Viewpoint - MKS Inc. has successfully closed a private offering of €1.0 billion in senior notes and completed a refinancing of its existing debt, which is expected to enhance its capital structure and reduce interest expenses [1][2][3]. Group 1: Debt Offering - MKS announced the closing of a private offering of €1.0 billion aggregate principal amount of 4.250% senior notes due 2034 [1]. - The notes were sold to qualified institutional buyers and non-U.S. persons outside the United States under specific regulations [4]. Group 2: Debt Refinancing - MKS completed the refinancing of its existing $2.2 billion U.S. dollar tranche B term loan and €587 million euro tranche B term loan, along with a $675 million revolving credit facility, replacing them with a new $914 million U.S. dollar tranche B term loan, €587 million euro tranche B term loan, and a $1.0 billion revolving credit facility [2]. - The refinancing extended the maturity of the term loan facility to 2033 and the revolving credit facility to 2031, while also reducing interest rates across various loans [2]. Group 3: Financial Impact - MKS utilized the net proceeds from the offering and cash on hand to prepay approximately $1.3 billion of its U.S. dollar tranche B term loan [3]. - The combined actions are expected to result in annualized cash interest savings of approximately $27 million based on current interest rates [3].
Here's Why UiPath Stock Crashed 23% in January
Yahoo Finance· 2026-02-04 14:08
Shares of robotic process automation specialist UiPath (NYSE: PATH) slumped 23.2% in January, according to data provided by S&P Global Market Intelligence. While there was no major news during the month, growing fear about the impact of artificial intelligence on the enterprise software industry was the likely culprit behind the crash. Image source: Getty Images. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock ...
See How Inflows Energized Monster (MNST) in Last Year
FX Empire· 2026-02-04 14:08
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted a ...
Tesla UK sales plunge in January as Chinese rivals race ahead, New Automotive data shows
Reuters· 2026-02-04 14:08
Group 1 - Tesla sold less than half the number of battery-electric vehicles in the UK compared to Chinese rival BYD last month [1] - Data from New Automotive indicates increasing competitive pressure in the electric vehicle market [1]
Stock Market Navigates Mixed Premarket as Tech Sell-Off Lingers, Economic Data in Focus
Stock Market News· 2026-02-04 14:07
U.S. stock futures are presenting a mixed picture this Wednesday, February 4th, 2026, as investors digest a fresh batch of economic data and continue to grapple with the fallout from yesterday's tech-led sell-off. While Dow Jones Industrial Average futures and S&P 500 futures show modest gains, Nasdaq 100 futures are pointing lower, indicating a persistent cautious sentiment towards growth-oriented technology stocks. This premarket activity sets the stage for what could be another volatile trading session, ...
Branded Legacy, Inc. (OTC: BLEG) Successfully Negotiates Retirement of Four Additional Convertible Notes, Preventing Potential Dilution of Hundreds of Millions of Shares
Globenewswire· 2026-02-04 14:07
Core Insights - Branded Legacy, Inc. has successfully eliminated $1,078,500 in legacy convertible debt, enhancing its financial position and reducing potential dilution for shareholders [1][4][5] Debt Retirement - The company negotiated the retirement of four legacy convertible notes, which included three notes over two years old and one that would have become convertible in September 2026 [2] - This action prevents the conversion into hundreds of millions of shares, thereby averting significant dilution for existing shareholders [2][6] Previous Achievements - Prior to this, the company had retired approximately $1 million in legacy convertible debt, further reducing liabilities and dilution risks [3] Leadership Impact - Since Dr. Jamie Forrest took over as Interim CEO in December 2025, he has focused on eliminating legacy convertible debt through strategic negotiations and due diligence [4][5] Shareholder Value - The company emphasizes protecting shareholder interests through disciplined capital management, which includes resolving legacy convertible notes to strengthen the balance sheet and enhance financial flexibility [5][6] Transparency and Compliance - Branded Legacy is committed to improving transparency and compliance, having issued 140 million of the approximately 300 million shares anticipated from pre-existing convertible instruments [6] - The company is working with OTC Markets Group to update its issuer profile and remove the Yield Sign designation from its ticker [7] Company Overview - Branded Legacy, Inc. is a publicly traded company based in Vancouver, British Columbia, focused on financial discipline, transparency, and sustainable shareholder value creation [8]
Craig-Hallum Bullish on Ironwood Pharmaceuticals (IRWD), Keeps Buy Rating
Yahoo Finance· 2026-02-04 14:06
Core Viewpoint - Ironwood Pharmaceuticals Inc. (NASDAQ:IRWD) is currently viewed as a promising investment opportunity, with recent upgrades from analysts indicating increased confidence in the company's prospects [1][2]. Group 1: Analyst Upgrades - Craig-Hallum upgraded Ironwood from Hold to Buy, raising the price target from $3.80 to $5.70 [1]. - Citizens analyst Jason Butler upgraded Ironwood from Market Perform to Outperform, setting a price target of $8, citing restored confidence in the core strength of Linzess [2]. Group 2: Financial Performance and Projections - Butler estimates that Linzess could generate approximately $1.5 billion in brand profit for Ironwood before its loss of exclusivity, which is expected to sufficiently cover the company's existing debt obligations [3]. - The cash flow from Linzess is anticipated to alleviate concerns regarding the company's debt, allowing for a renewed focus on the long-term value of its pipeline asset, apraglutide [2][3]. Group 3: Company Overview - Ironwood Pharmaceuticals is a biotechnology company that develops and commercializes therapies for gastrointestinal and rare diseases both in the US and internationally [4].
B. Riley Raises Pangaea Logistics Solutions (PANL) PT to $11.50 Amid Resilience in Niche Markets
Yahoo Finance· 2026-02-04 14:06
Core Viewpoint - Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) is identified as a promising investment opportunity, with a price target increase from B. Riley to $11.50, reflecting confidence in the company's resilience despite recent softening in dry bulk shipping rates [1][7]. Financial Performance - In Q3 2025, Pangaea Logistics reported a 10.2% year-over-year revenue increase to $168.7 million, surpassing analyst expectations [3]. - The company achieved an adjusted EPS of $0.17, significantly higher than the projected $0.03, driven by high shipping activity during the Arctic trade season and the integration of 15 Handysize vessels [3]. Market Outlook - The positive outlook for Pangaea Logistics is supported by anticipated global GDP growth, strong consumption in China, and limited vessel recycling [2]. - Operators in the sector are maintaining strong liquidity, positioning themselves to navigate potential market downturns and capitalize on high asset prices [2].
Banco Santander's Strong Financial Performance and Strategic Initiatives
Financial Modeling Prep· 2026-02-04 14:05
Banco Santander (NYSE:SAN) reported earnings per share of $0.28, surpassing estimates, and revenue of approximately $19 billion, exceeding expectations.The bank's subsidiary, Santander UK, reported a 14% increase in annual pretax profit, driven by an increase in net interest income and a reduction in costs and provision charges.Banco Santander has approved a substantial €5 billion share-buyback program, indicating strong financial performance and a commitment to enhancing shareholder value.Banco Santander, ...
Barclays Raises Teva Pharmaceutical (TEVA) PT to $38 Following Strong Q4 Earnings Beat
Yahoo Finance· 2026-02-04 14:05
Teva Pharmaceutical Industries Limited (NYSE:TEVA) is one of the cheap hot stocks to invest in right now. On January 30, Barclays analyst Glen Santangelo raised the price target for Teva Pharmaceuticals to $38 from $35 with an Overweight rating. Following Teva Pharmaceuticals’ Q4 2025 report, the firm updated its financial model and expressed continued confidence in the stock’s current valuation. A day before that, Scotiabank raised the price target on Teva Pharmaceuticals to $40 from $35 while maintaini ...