Browsing Tag
New Jersey
126 posts
Vistra (VST) completes $4bn Cogentrix acquisition, but can 5.5 GW of gas capacity deliver expected returns?
Vistra has completed its acquisition of Cogentrix Energy, adding 10 natural gas generation facilities and expanding its US fleet to nearly 50,000 MW. The transaction was originally valued at approximately $4 billion after expected tax benefits, but its investment case depends on delivering forecast cash-flow accretion while maintaining balance-sheet discipline.
Langan promotes Ryan Linthicum to CEO as David Gockel remains executive chair
Engineering and environmental consultancy Langan has chosen 30-year company veteran Ryan Linthicum as its third chief executive, favouring internal continuity as infrastructure and data-centre demand expands.
Hudson Tunnel Project fires up 1,680-ton machines as $16bn rail build advances
Tunnel boring at the $16bn Hudson project turns years of funding and preparatory work into the programmeās defining construction phase.
Curcumin moves beyond capsules as DolCas Biotech targets the functional food opportunity
DolCas Biotech has introduced two new commercial applications for Curcugen through collaborations involving MÄnukora's functional honey and Numin's cognitive beverage. The expansion highlights growing demand for functional ingredients in everyday foods and drinks, while placing greater emphasis on formulation quality and finished-product evidence.
Powerful US norāeaster leaves one dead as Northeast faces flooding, outages and travel chaos
A powerful norāeaster killed one and flooded the Northeast as outages and travel chaos spread. See when the storm will finally move out.
Campbellās cuts 13% of salaried workforce as sales fall 5%. Can $500m of savings fix the problem?
The Campbellās Company has reduced its salaried workforce by approximately 13% as fiscal-year sales fall to $9.7 billion, launching a new $500 million savings programme while simultaneously cutting its dividend to accelerate debt reduction.
Jason Dabrow takes CEO role at Chelten House amid record U.S. private-label growth
Chelten House Products has named Jason Dabrow chief executive officer, moving the 80-year-old food manufacturer into its fourth generation of family leadership after years of capacity expansion, automation and private-label growth.
Meta faces landmark child social media addiction trial as 29 states seek sweeping changes
Meta faces 29 states in a landmark child safety trial that could reshape Instagram, Facebook and how social media platforms engage young users.
What changes for customers after Formosa Plastics absorbs Formosa Industries Corporation?
Formosa Plastics Corporation, U.S.A. has absorbed Formosa Industries Corporation in an internal merger that consolidates polyethylene operations, contracts and administrative responsibilities under one surviving legal entity.
OceanFirst (NASDAQ: OCFC) absorbs $42.8m merger costs, core earnings jump on Flushing deal
OceanFirst's Q2 loss stems from $42.8M Flushing merger costs; core EPS of $0.43 beat and NIM expanded to 3.05%. Q3 integration will test the deal thesis.