Investing.com -- S&P Global Ratings has revised its outlook for GE Vernova Inc. to positive from stable, citing rapidly improving profitability. The company’s ’BBB-’ rating has been affirmed. GE Vernova has significantly improved its profitability, with S&P Global Ratings-adjusted EBITDA margins increasing to approximately 6.4% from around 1.1% between the end of 2023 and the end of ...
By David Lawder BANFF, Alberta (Reuters) -Treasury Secretary Scott Bessent said on Friday that President Donald Trump does not believe that the European Union’s trade offers to the United States are of sufficient quality and that he hopes that a June 1 50% tariff threat will "light a fire under the EU" in negotiations with Washington. Bessent told Fox News Channel that many other top U.S. tradin ...
Investing.com -- Fitch Ratings has confirmed BP plc (LON:BP)’s Long-Term Issuer Default Rating (IDR) at ’A+’ and maintained a Stable Outlook on Friday. The rating is based on BP (NYSE:BP)’s commitment to reduce its net debt to between $14 billion and $18 billion by 2027, and the expectation that the company will decrease its EBITDA net leverage to 1.1x-1.2x by 2027 from a high of 1.5x an ...
Investing.com – Denmark stocks were lower after the close on Friday, as losses in the Technology, Healthcare and Personal & Household Goods sectors led shares lower.At the close in Copenhagen, the OMX Copenhagen 20 declined 0.72%.The best performers of the session on the OMX Copenhagen 20 were NKT Holding (CSE:NKT), which rose 1.82% or 9.50 points to trade at 531.50 at the close. Meanwhile, ...