Huntington Bancshares reported a significant profit increase, driven by strong capital markets and rising interest income, exceeding analysts’ expectations. Huntington Bancshares’ Profit Soars Thanks to Strong Capital Markets and Interest Income Columbus: Huntington Bancshares just announced a huge profit jump for the fourth quarter. Their earnings more than doubled, thanks to a strong performance in…
Joann Inc. has filed for bankruptcy for the second time in under a year as sales continue to drop Joann Crafts Retailer Files for Bankruptcy Again in Less Than a Year Hudson: Joann Inc., the crafts and fabric retailer, is back in bankruptcy court. This is their second time in less than a year, and…
Cleveland-Cliffs and Nucor are considering a joint bid for US Steel, with plans still in the early stages and no final decision made yet. Cleveland-Cliffs and Nucor Explore Joint Bid for US Steel Corporation Cleveland: So, it looks like Cleveland-Cliffs and Nucor are teaming up to think about making a bid for US Steel. A…
Joann Inc. is weighing another bankruptcy as it faces cash flow issues and lender demands Retailer Joann Considers Second Bankruptcy Filing Within a Year Hudson: So, it looks like Joann Inc. is in a bit of a pickle again. The fabric and crafts retailer, which just got out of bankruptcy less than a year ago,…
KKR and PSP Investments are set to buy a minority stake in AEP’s transmission business for $2.8 billion, boosting their energy portfolio. KKR and PSP to Acquire AEP Transmission Stake for $2.8 Billion Columbus: American Electric Power Co. is selling a minority stake in its transmission business to KKR and Canada’s PSP Investments for a…
