AEP to purchase three wind farms for $2 billion
Undaunted by last year's failed push to develop a titanic wind farm in the Southwest, American Electric Power Company Inc. is now looking to buy three under-construction farms in Oklahoma. The company said in a release that its Public Service Compa.....»»
Shell Teams Up With Eneco to Build Two Dutch Wind Farms
In an attempt to ramp up its renewable power business, Shell (RDS.A) plans to spend up to $2 billion per.....»»
Challenge to billion-dollar SunZia transmission project denied by federal judge
A U.S. district judge on Tuesday denied a legal request to pause construction on an over $10 billion renewable energy project, one of the largest in U.S. history, that would transmit wind power from Central New Mexico to Arizona......»»
New Mexico wind project nabs long-term purchase agreement with German energy company
In late April, the Los Alamos Department of Public Utilities signed on with Uniper for a 15-year agreement that will deliver 15 megawatts of supply......»»
North Texas-based Core-Mark snapped up in $2.5B deal
Performance Food Group plans to purchase Westlake, Texas-based Core-Mark in a stock and cash deal for $2.5 billion......»»
General Mills beefs up pet foods division with $1.2B Tyson unit purchase
General Mills Inc said on Friday it would buy Tyson Foods Inc's pet treats business for $1.2 billion in cash, as the cereal maker builds its pet food portfolio at a time people are increasingly adopting cats and dogs......»»
General Mills buying Tyson Foods pet treats business for $1.2 billion
Pet foods, already a big seller for General Mills Inc., is about to get bigger: The company plans to buy the pet-treats business of Tyson Foods Inc. for $1.2 billion. The Golden Valley-based company said in a statement that the purchase includes a.....»»
The US has approved a huge offshore wind farm off the coast of Martha"s Vineyard - the first of its kind
The project is estimated to cost $2 billion and is part of President Joe Biden's agenda to reduce carbon emissions in the US. R.....»»
Texas wind farms sue Citigroup over charges from winter storm
A Canadian renewable energy firm on Wednesday sued Citigroup Inc (NYSE:C) for rejecting force majeure declarations during a February winter storm and billing it over $100 million for replacement power, according to lawsuits filed in a Texas state court......»»
: Microsoft in talks to buy Nuance Communications for around $16 billion: reports
If successful, the acquisition would be Microsoft's second-largest ever, behind 2016's $24 billion purchase of LinkedIn......»»
Michael Saylor"s MicroStrategy buys another $15 million of bitcoin, just three weeks after its latest purchase
MicroStrategy has amassed around $2.226 billion worth of bitcoin since its first purchase in August 2020. MicroSt.....»»
Air Products signs power purchase agreement for wind electricity in Poland
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
FTC sues to block Illumina"s $7.1B purchase of Menlo Park-based Grail
The Federal Trade Commission on Tuesday moved to block Illumina's planned $7.1 billion purchase of cancer detection startup Grail Inc. The acquisition would weaken innovation in the development of tests that can detect multiple types of cancer .....»»
Biden expands offshore wind farms along East Coast, hoping to generate energy for 10 million homes
The Biden administration is ramping up efforts to increase offshore wind energy along the East.....»»
: Microsoft reportedly in talks to buy Discord for more than $10 billion
Microsoft Corp. is in discussions to purchase videogame-chat platform Discord for more than $10 billion, according to a report by Bloomberg News......»»
Market Extra: Fed should ‘switch’ up its playbook and buy more Treasurys, fewer mortgage bonds, urge analysts
As the economy reopens, the Federal Reserve should consider tweaking its $120 billion monthly asset purchase program to allow for more Treasury purchases and fewer government-backed mortgage bonds, say analysts......»»
Estée Lauder to increase Deciem stake to 76% from 29% for $1 billion; to buy remaining shares after 3-year period
Estée Lauder Companies Inc. said Tuesday it is increasing its stake in Deciem Beauty Group to 76% from 29% in a first phase, and has agreed to purchase the remaining interests after a three-year period. The company .....»»
Tesla $1.5B Bitcoin Purchase Was Facilitated By Soon-To-Go-Public Coinbase: Report
Cryptocurrency exchange Coinbase facilitated the $1.5 billion purchase of Bitcoin (BTC) by Tesla Inc (NASDAQ: TSLA), the Block read more.....»»
Adidas is selling Reebok after defending the $3.8 billion purchase for years
After years of sluggish sales, the German sportswear brand has decided to divest from Reebok, which it acquired in 2006. Adidas plans to divest from its Reebok brand. Alex Tai/SOPA Images/LightRocket via Getty Images .....»»
Camera module maker GSEO to ramp up capacity with new investments
Smartphone-use lens module maker Genius Electronic Optical (GSEO) has approved a plan to set aside a budget of NT$2.098 billion (US$74.98 million) to purchase new equipment that will help it ramp up output to satisfy future market demand......»»