Investing.com -- S&P Global Ratings has upgraded the issuer credit rating of Ero Copper (TSX:ERO) Corp, a Vancouver-based copper producer, from ’B’ to ’B+’ due to its improving cash flow prospects. The upgrade also extends to the company’s unsecured notes due in 2030, with the recovery rating on the notes remaining unchanged at ’3’.Ero Copper is making significant progress in r ...
Investing.com -- S&P Global Ratings has revised its outlook for Elanco Animal Health (NYSE:ELAN) Inc. from stable to positive, citing reduced leverage and strong revenue growth potential. The company ended 2024 with net leverage of less than 4.5x, a level S&P Global Ratings views as consistent with a higher rating. This was achieved through the use of proceeds from a divestiture to pay d ...
Investing.com -- Uber Technologies Inc . (NYSE:UBER) is reportedly in negotiations to acquire Trendyol Go, a Turkish food delivery platform, Bloomberg News reported, citing sources. The terms of the potential deal are not yet known, and a final agreement has yet to be reached. The talks could conclude without a deal, the sources added.Trendyol Go is a food and grocery delivery service operated by ...
By Jonathan Stempel(Reuters) - Tesla (NASDAQ:TSLA) has settled a racial discrimination lawsuit by a Black female employee who claimed a manager at its Fremont, California, plant sometimes greeted workers by saying "welcome to the plantation" or "welcome to the slave house."Raina Pierce, who installed latches on car doors, and the automaker led by billionaire Elon Musk agreed to a settlement propos ...