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Elanco outlook revised to positive by S&P Global on reduced leverage

Elanco outlook revised to positive by S&P Global on reduced leverage

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 ...

2025-04-18 19:18:45
Uber in discussions to acquire Turkish delivery platform Trendyol Go - report

Uber in discussions to acquire Turkish delivery platform Trendyol Go - report

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 ...

2025-04-18 19:16:32
Tesla settles Black employee’s lawsuit alleging pervasive harassment

Tesla settles Black employee’s lawsuit alleging pervasive harassment

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 ...

2025-04-18 19:14:01
BlackRock can keep big US utility stakes, regulator rules

BlackRock can keep big US utility stakes, regulator rules

By Ross Kerber(Reuters) -U.S. energy regulators gave BlackRock (NYSE:BLK) renewed permission to own major stakes in public utility companies on Thursday, a win for the world’s top asset manager over politically-charged concerns that it wields too much influence.The decision by the U.S. Federal Energy Regulatory Commission included a concurring opinion by Mark Christie, its Republican chairman. H ...

2025-04-18 19:12:43