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Winter Storm Alert: Stock Up on Propane, But Remember Safety First
PHOENIX--(BUSINESS WIRE)--The daunting winter storm about to impact much of the U.S. with dangerous levels of ice and snow this weekend will have many residents turning to propane as a primary or backup heating and energy source. Propane is a dependable option when other energy sources are unavailable or limited to residents. However, it is paramount to put safety first when operating propane heaters or generators indoors. “Winter Storm Fern brings the potential for rolling blackouts across Tex...
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LuminArx Capital Management and SkyWorks Holdings Launch $1 Billion Lending Platform
NEW YORK--(BUSINESS WIRE)--LuminArx Capital Management (“LuminArx”) today announced a new lending partnership with SkyWorks Holdings, LLC (“SkyWorks”) to launch SkyLight Aero Finance Holdings DAC (“SkyLight”), a dedicated platform providing secured debt solutions to the global commercial aviation market. SkyLight will initially seek to underwrite up to $1 billion of loans and finance leases secured by commercial aircraft and engines. The partnership combines SkyWorks’ deep knowledge of the airl...
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FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today that FedEx Freight Holding Company, Inc., a wholly owned subsidiary of FedEx (the “Issuer”), has commenced a private offering of senior notes (the “Notes”). The Notes are being offered as part of the financing for the proposed separation of the Issuer from FedEx (the “Spin-Off”) which will result in the Issuer owning and operating, through its subsidiaries, FedEx’s less-than-truckload (LTL) freight transportation...
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ParkOhio Announces Quarterly Dividend
CLEVELAND, OHIO--(BUSINESS WIRE)--The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on February 20, 2026, to shareholders of record as of the close of business on February 6, 2026. ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured...
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BW LPG Limited – Regulatory Decision on Norwegian Takeover Rules and Singapore Takeover Code Waiver
SINGAPORE--(BUSINESS WIRE)--As a company registered in Singapore and listed on the Euronext Oslo Børs (“OSE”) and the New York Stock Exchange (“NYSE”), BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG”, NYSE ticker code: “BWLP”) is by default, subject to Singapore, U.S. and Norwegian take-over rules. The Company has been granted a waiver from the Singapore Code on Take-overs and Mergers (the "Singapore Code") and accordingly, the Company is currently subject to both U.S. and N...
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Monroe Street Partners Announces Sale of American Roadway Logistics to Frontline Road Safety
NORTON, Ohio--(BUSINESS WIRE)--Monroe Street Partners (“MSP”), a Chicago-based private equity firm, announced today that it has completed the sale of American Roadway Logistics (“ARL” or the “Company”), a leading provider of pavement marking and traffic maintenance services, to Frontline Road Safety (“Frontline”), the largest provider of pavement marking services in the United States. Founded in 2006 and headquartered in Norton, Ohio, ARL provides pavement marking and other traffic safety-relat...
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Leonardo DRS Opens Advanced Naval Power and Propulsion Facility in Charleston, South Carolina
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) today announced the official opening of its new, state-of-the-art naval power and propulsion manufacturing and testing facility in the Charleston, South Carolina region. The more than 140,000-square-foot facility is a major investment to expand domestic production capacity in support of U.S. Navy submarine and shipbuilding programs, including systems for the Columbia-class ballistic missile submarine program. The purpose-built fa...
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Corporación América Airports Announces an Amendment of the Armenia International Airports Concession Agreement
LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world’s leading private airport operators, announced today that its subsidiary Armenia International Airports CJSC (“AIA”), the operator of Zvartnots and Gyumri Shirak International Airports in Yerevan, Armenia, has entered into an amendment agreement with the Government of the Republic of Armenia (“GOA”) to amend certain terms of the existing concession agreement originally signed...
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India, UAE, and Saudi Arabia Set to Lead Global Aviation Growth – Avolon 2026 Outlook Paper
DUBLIN--(BUSINESS WIRE)--The continuation of low fuel prices and economic growth are expected to help global airline industry profits to reach US$41 billion in 2026, according to a paper published today by Avolon. This year is set to mark the fourth consecutive profitable year for the sector, helping airlines to recover over 80% of the US$182 billion lost during the pandemic. India, the UAE, and Saudi Arabia are positioned to lead aviation’s next growth cycle, with the three countries’ combined...
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LoungePair assume l'ex CEO di LoungeBuddy, stringe accordi con Vietnam Airlines e l'Aeroporto di Auckland
AUCKLAND, Nuova Zelanda--(BUSINESS WIRE)--La società di tecnologia dei viaggi LoungePair ha assunto il fondatore di LoungeBuddy ed ex dirigente di American Express Tyler Dikman come importante consulente. La società ha inoltre stretto un'importante collaborazione con Vietnam Airlines per potenziare la sua nuova piattaforma Lotusmiles Lounges ed ha aggiunto Strata Lounge di Auckland Airport alla sua rete. LoungePair offre accesso on-demand e immediate alle lounge degli aeroporti senza bisogno di...