Legence ( LGN ) announced the pricing of a upsized secondary public offering of 13.39M shares of its Class A common stock at $54.00 per share, sold by stockholders associated with Blackstone Inc. The offering was upsized from the initially announced size of 11M shares. The stockholders also gave underwriters a 30-day option to purchase up to an additional 2.01M shares under the same terms. The off...
Legence ( LGN ) announced the pricing of a upsized secondary public offering of 13.39M shares of its Class A common stock at $54.00 per share, sold by stockholders associated with Blackstone Inc. The offering was upsized from the initially announced size of 11M shares. The stockholders also gave underwriters a 30-day option to purchase up to an additional 2.01M shares under the same terms. The offering is set to close around April 9, 2026. Legence will not sell any shares in this offering and will not receive any proceeds from the sale. More on Legence Legence Corp. (LGN) Q4 2025 Earnings Call Transcript Legence Corp.'s Surge Justifies A Respectful Downgrade Historical earnings data for Legence Financial information for Legence
European shares were set for their biggest advance since 2022 after the US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz and oil flows to the rest of world. Euro Stoxx 50 futures surged 5.2% at 7:27 a.m. Wednesday in Paris, as Brent crude sank 13%. “Markets are obviously moving upwards on the news and one should expect traders to sell oil and defense...
European shares were set for their biggest advance since 2022 after the US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz and oil flows to the rest of world. Euro Stoxx 50 futures surged 5.2% at 7:27 a.m. Wednesday in Paris, as Brent crude sank 13%. “Markets are obviously moving upwards on the news and one should expect traders to sell oil and defense stocks at the open and buy what suffered most during the crisis, like financials and materials,” said Christopher Dembik , senior investment adviser at Pictet. The pan-European Stoxx Europe 600 Index has fallen 6.8% since the US started the war at the end of February, leaving it almost unchanged year to date. “For financial markets, this may be the end of an episode but for the global economy, the inflation shock is just beginning, notably for food and materials,” Dembik said.
Bain Capital’s Bridge Data Centres has removed from its Malaysian computing hub a Southeast Asian company the U.S. suspects of smuggling Nvidia Corp. ( NVDA ) chips, Bloomberg News reported on Wednesday. The company replaced Megaspeed International Pte. with cloud provider Zenlayer Inc. at its Malaysian facility, people familiar with the matter said, citing a memo the Bain-owned firm sent to its l...
Bain Capital’s Bridge Data Centres has removed from its Malaysian computing hub a Southeast Asian company the U.S. suspects of smuggling Nvidia Corp. ( NVDA ) chips, Bloomberg News reported on Wednesday. The company replaced Megaspeed International Pte. with cloud provider Zenlayer Inc. at its Malaysian facility, people familiar with the matter said, citing a memo the Bain-owned firm sent to its lenders in February. The data center operator didn’t cite a reason for the switch in the letter, which was sent to the providers of a recent $2.8 billion loan, the report said. More on Nvidia Nvidia Redefines The AI Economics Nvidia: Singularity In Agentic-As-A-Service Macroeconomy Nvidia: China Brings The Heat Foxconn's results, buoyed by Nvidia, provide positive indicator for AI supply chain: Wedbush Nvidia's CoWoS supplies still secured, but Rubin delay issues crop up: KeyBanc
(RTTNews) - Commerzbank has reaffirmed confidence in its existing business strategy, stating that recent interactions with UniCredit have not revealed sufficient value creation potential for its shareholders. The bank emphasized that UniCredit has shown no willingness to provide
(RTTNews) - Commerzbank has reaffirmed confidence in its existing business strategy, stating that recent interactions with UniCredit have not revealed sufficient value creation potential for its shareholders. The bank emphasized that UniCredit has shown no willingness to provide