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Molson Coors Adds Coca-Cola's Topo Chico to Its Seltzer Game

6 years 1 month ago
Molson Coors Beverage Company TAP is making an all-out effort to expand its share in the fast-growing U.S. hard seltzer market. After the success of its Vizzy and Coors Seltzer hard seltzer brands, the company now signed an exclusive partnership with Coca-Cola KO to manufacture,

FuelCell Energy Prices Shares, To Fund Projects and Refinance

6 years 1 month ago
FuelCell Energy, Inc. FCEL recently announced the pricing of its underwritten public offering of 43.5 million shares at a price of $2.10 per share. This will generate gross proceeds of $91.4 million and is expected to close on or about Oct 2, subject to customary closing conditi

Petrobras to Take Charge of 5 Blocks in Foz do Amazonas Basin

6 years 1 month ago
Petroleo Brasileiro S.A. or Petrobras PBR recently informed that it will be taking over TOTAL’s TOT operatorship and its stakes in the five exploration blocks located in the Foz do Amazonas Basin, 120 kilometers offshore Brazil as the latter is resigning from its role of an o

Arthur J. Gallagher (AJG) Up 10% YTD: More Room for Upside?

6 years 1 month ago
Shares of Arthur J. Gallagher & Co. AJG have gained 10.2% year to date, outperforming the industry's increase of 0.1%. The Zacks S&P 500 composite has increased 3.6% in the said time frame. With a market capitalization of $20.1 billion, average volume of shares traded in

NiSource Expands Long-Term Infrastructural Investment Plan

6 years 1 month ago
NiSource Inc. NI provided an update on its long-term growth strategy for next 20 years on virtual investor day. The company outlined its efforts to generate energy via renewable sources along with discussing its capital plans and cost-reduction initiatives.Notably, it has a stro

7 U.S. Carriers Choose Treasury Loans: More Federal Aid Ahead?

6 years 1 month ago
The dreaded coronavirus continues to ravage stocks in the airline space even though more than six months have elapsed since the health peril was declared a pandemic by the World Health Organization. Due to this ongoing crisis, the top lines of the aviation stocks were crippled w

Humana Ties Up to Provide Improved Healthcare in Chicago

6 years 1 month ago
Humana Inc. HUM recently inked a deal with clinically-integrated physician and hospital network Rush Health to enhance access to better in-network medical care in the Chicago area for Humana Medicare Advantage members. However, terms of the agreement remained confidential. The d

Molina Healthcare to Buy Affinity Health Plan for $380 Million

6 years 1 month ago
Molina Healthcare, Inc. MOH inked a deal to acquire substantially all the assets of Affinity Health Plan (Affinity) for around $380 million, net of expected tax benefits and inclusive of an amount representing the company’s target allocation of the required regulatory capital.
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