U.S. SEC proposes rules that could limit shareholder voices
Wall Street’s top regulator on Tuesday proposed a pair of long-awaited rules that would set new limits on shareholders’ ability to call for corporate changes...
Struggling Norwegian Air to sell more shares, launch bond issue
Norwegian Air plans to raise up to $316 million through its third share sale in two years and a bond issue to meet the struggling...
Mylan shares slide after warning of hit to revenue
Generic drugmaker Mylan NV said on Tuesday reevaluation of its portfolio of medicines will continue next year and cautioned of a hit to revenue, and...
European factories at risk in Peugeot-Fiat merger
Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group...
Wall Street’s trade-fueled record run pauses
The three main U.S. indexes took a breather on Tuesday after expectations of a U.S.-China trade deal propelled them to record highs in the previous...
Beyond windmills, Epoch’s Van Valen looks for grid improvements
At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important...
Struggling Norwegian Air launches shares issue, bond
Norwegian Air is planning a share issue and a $175 million bond, raising enough cash to meet the struggling budget airline’s needs through 2020 and...
Kroger 2020 profit, sales estimates top expectations; shares surge
Supermarket chain Kroger Co forecast 2020 profit and comparable sales ahead of Wall Street estimates on Tuesday, saying it expects to see further benefits from...
Lebanese importers struggle as banks impose credit controls
Lebanese traders are struggling to pay for imports of everything from pasta to nappies as banks impose restrictions on lines of credit in response to...
Lufthansa invites unions for talks ahead of planned strike
Lufthansa said its Chief Executive Carsten Spohr had invited representatives of three unions for talks on a wage dispute that threatens to ground the airline’s...