Browsing Tag
Mexico
177 posts
New Fortress cut debt from $5.7bn to $700m. What did shareholders give up?
New Fortress Energy has completed a sweeping recapitalisation that cuts corporate debt from roughly $5.7 billion to about $700 million, separates its Brazilian operations and leaves creditors holding 65% of New NFE’s common equity.
Mexico cartel bomb attacks surge as Zacatecas car blast injures 11
A suspected car bomb outside a police station in Ojocaliente injured 11 people and damaged dozens of buildings, highlighting a sharp increase in the use of explosives by organised criminal groups in Mexico.
Ulta Beauty now has 1,622 stores, but its $1.8bn buyback plan may be the bigger signal
Ulta Beauty raises guidance as stores and Space NK lift sales, but a post-earnings stock drop shows investors still want stronger margin proof ahead now.
Dollar General says 4,730 real estate projects are coming, but only 460 are new stores
Dollar General is executing 4,730 real estate projects as value demand lifts earnings, but remodel returns and consumer pressure will decide the payoff.
Aeroméxico and Delta keep their US-Mexico alliance after appeals court overturns DOT breakup order
Aeroméxico and Delta Air Lines can continue coordinating their US-Mexico joint venture after an appeals court vacated a Transportation Department order that would have withdrawn its antitrust immunity.
Endeavour Silver’s Terronera shutdown enters second week as crucial high-grade period approaches
Endeavour Silver says there has been no material change at its Terronera mine after operations were suspended on August 12. The disruption comes as the recently commissioned mine moves into a higher-grade phase that was expected to support second-half production.
UFlex shares jump 26% after Q1 as overseas operations drive 91% of incremental EBITDA
UFlex Limited posted a 630% Q1 FY27 profit jump and its highest EBITDA margin in 21 quarters, but the deeper story is geographic. Overseas operations generated about 91% of incremental EBITDA while net debt remained â‚ą8,588 crore.
Reliance Worldwide gets A$4.75 Brookfield bid as 95% statutory profit fall puts recovery value in play
Brookfield offers A$4.75 a share for Reliance Worldwide as FY26 profit drops 95%, putting takeover terms and ASX's FY27 margin recovery firmly in focus.
Discovery Mining posts record $319m revenue as gold production jumps 33%
Discovery Mining posted record Q2 revenue and gold output as Kidd reshaped its Timmins growth plan. See why costs remain the next test.
Harbour Energy lifts 2026 cash flow outlook to $1.8bn as record production transforms shareholder returns
Harbour Energy plc has raised its 2026 free cash flow outlook to about $1.8 billion after record production and stronger commodity prices. The bigger test is whether acquisitions, debt reduction and a $250 million buyback can create durable value beyond the current energy-price cycle.