TE Connectivity announces pricing of $750 million senior notes offerings
Prnewswire· 2026-01-26 23:30
Core Viewpoint - TE Connectivity plc has announced the pricing of an offering of additional senior notes, which will be used for debt repayment and general corporate purposes [1][3]. Group 1: Offering Details - The offering includes an additional $200 million aggregate principal amount of 4.500% Senior Notes due 2031, which will form a single series with the existing $450 million of similar notes issued on May 9, 2025, bringing the total outstanding amount to $650 million [2][9]. - The additional 2031 notes will be issued at a price of 100.907% with a stated interest rate of 4.500% per year, payable semi-annually [3]. - Additionally, the offering includes $550 million aggregate principal amount of 4.875% Senior Notes due 2036, which will be issued at a price of 99.718% [3]. Group 2: Use of Proceeds - The net proceeds from this offering will be utilized for the repayment of outstanding debt, specifically the 3.700% senior notes due 2026 and the 4.500% senior notes due 2026, along with general corporate purposes [3]. Group 3: Management and Closing - The joint book-running managers for this offering are BNP Paribas Securities Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., and Goldman Sachs & Co. LLC, with the offering expected to close on February 9, 2026 [4]. Group 4: Company Overview - TE Connectivity plc is a global industrial technology leader focused on creating a safer, sustainable, productive, and connected future, with a workforce of over 90,000 employees, including 10,000 engineers, operating in approximately 130 countries [7].
Zimtu Capital Corp. - Early Warning News Release
Accessnewswire· 2026-01-26 23:30
Core Viewpoint - Zimtu Capital Corp. has acquired 1,875,000 units of Kiboko Gold Inc. at a price of $0.08 per unit through a private placement [1] Group 1: Acquisition Details - Each unit consists of one common share and one share purchase warrant [1] - The warrant is exercisable into one additional share at a price of $0.12 per share [1]
Is It Too Late to Buy SGX?
The Smart Investor· 2026-01-26 23:30
Singapore Exchange Limited (SGX: S66), or SGX, last closed at S$17.50. Shares have been up about 43% over the last year, after a prolonged stagnation.The rally is due to solid fundamentals with increased trading volumes, new initial-public-offerings (IPOs) and encouraging policy support.Thinking about adding this blue-chip to your portfolio for the first time? Let’s dive into the facts and see if now is the right time for you to buy.Why SGX Attracts Long-Term Income InvestorsSGX has been a long-term dividen ...
Newmont Is A Golden Opportunity The Market Is Undervaluing (NYSE:NEM)
Seeking Alpha· 2026-01-26 23:29
Core Viewpoint - Newmont Corporation (NYSE: NEM) is being initiated with a Strong Buy rating due to its attractive valuation and strong financial profile [1] Group 1: Investment Thesis - The current valuation numbers of Newmont Corporation present a significant investment opportunity [1] - The company is recognized for its solid financial profile, which is appealing to investors [1] Group 2: Analyst Background - The analysis is conducted by an individual with a background in Financial Engineering, specializing in quantamental analysis that combines data-driven models with fundamental research [1] - The structured process used in the analysis includes both top-down screening and bottom-up company-specific analysis [1] Group 3: Research Goals - The aim is to make unique investment ideas and research accessible to both retail and professional investors while maintaining analytical depth [1]
Alma Gold Closes Second and Final Tranche of Upsized Placement
TMX Newsfile· 2026-01-26 23:28
Core Viewpoint - Alma Gold Inc. has successfully closed the second and final tranche of its private placement, raising a total of $1,475,000 from both tranches [1][2]. Group 1: Private Placement Details - The second tranche of the private placement generated gross proceeds of $700,000 through the issuance of 8,750,000 units, with each unit priced at $0.08 [1][2]. - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional share at $0.15 for five years [2]. - The total gross proceeds from both tranches of the private placement amounted to $1,475,000 [1]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for general working capital purposes, including potential strategic initiatives currently under consideration [3]. Group 3: Company Overview - Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia, exploring the Karita West Project in northern Guinea and the Dialakoro project permits in the Siguiri Basin of Guinea [5].
Nike plans to cut 775 employees in a push to accelerate automation
Business Insider· 2026-01-26 23:27
Core Viewpoint - Nike is consolidating its US distribution center operations, resulting in the layoff of 775 employees in Tennessee and Mississippi as part of a strategy to streamline operations and enhance efficiency [1][2]. Group 1: Job Cuts and Operational Changes - The company plans to cut 775 jobs to sharpen its supply chain footprint and accelerate the use of advanced technology and automation [1]. - This move is part of CEO Elliott Hill's "win now" strategy aimed at returning Nike's revenue to growth after facing challenges such as declining sales and increased competition [2]. - Previous workforce reductions included a 1% cut in corporate staff in 2025 and a shake-up in senior leadership, eliminating roles such as chief technology officer and chief commercial officer [3]. Group 2: Future Outlook and AI Concerns - Nike expects these job cuts to support its path back to long-term, profitable growth [4]. - The company is responding to growing concerns about AI potentially replacing human workers, as seen in workforce reductions by other companies like HP and Amazon [4]. - A study from MIT indicates that AI's skills overlap with over 11.7% of the US labor market, highlighting the broader implications of automation in the workforce [4].
Why Nike is cutting hundreds of jobs, starting at its warehouses
MarketWatch· 2026-01-26 23:27
Nike Inc. plans to lay off around 775 people in an effort to make its warehouse and distribution network faster and more automated. ...
Stock Market Rides Higher With Big Tech Earnings, Fed Meeting In Sight
Investors· 2026-01-26 23:25
The Dow Jones Industrial Average headed 0.6% higher along with other major indexes in Monday's stock market with tech earnings on watch. ...
Alexandria Real Estate Equities (ARE) Reports Q4 Loss, Beats Revenue Estimates
ZACKS· 2026-01-26 23:25
Alexandria Real Estate Equities (ARE) came out with a quarterly loss of $6.35 per share versus the Zacks Consensus Estimate of $2.15. This compares to FFO of $2.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -395.56%. A quarter ago, it was expected that this life science real estate company would post FFO of $2.31 per share when it actually produced FFO of $2.22, delivering a surprise of -3.9%.Over the last four quarters, the c ...
LINKBANCORP, Inc. (LNKB) Q4 Earnings Miss Estimates
ZACKS· 2026-01-26 23:25
LINKBANCORP, Inc. (LNKB) came out with quarterly earnings of $0.1 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -55.56%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.21, delivering no surprise.Over the last four quarters, the company has not ...