HOUSTON – Forum Energy Technologies, Inc. (NYSE: FET), a global manufacturing company serving the oil, gas, industrial, and renewable energy industries, has launched a private offering of $100 million in senior secured bonds. The five-year bonds are part of a strategic move to manage the company’s debt by redeeming all outstanding 9.000% Convertible Senior Secured Notes due in 2025 and repaying borrowings under the seller term loan related to the acquisition of Variperm Energy Services. The offering is backstopped, which typically indicates that the issuer has arranged for a party to purchase any unsubscribed shares. However, the securities have not…
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The Ram 1500 TRX, a formidable pickup truck that once ruled the road, may be discontinued, but its legacy lives on in countless imitations. This particular 2021 model, a Flame Red beauty with a blacked out exterior and a black leather interior, is a testament to the TRX’s enduring appeal. Owned by the same person since the new, this truck appears to be in excellent condition, with no visible wear and tear. Its stock appearance, free from any aftermarket modifications, makes it an attractive option for those seeking an authentic TRX experience. 2021 Ram 1500 TRX: A High-Performance Pickup with…
Author’s note: As an undergraduate studying economics and entrepreneurship, I was surprised to discover that very few people were leveraging the power of … Source link
While the green Bugatti Chiron is a sight to behold, this particular one boasts a unique touch that sets it apart from its factory spec counterparts. Its new wheels, courtesy of Vossen, add a striking dimension to the already impressive hypercar. The glossy black Vossen LC3-12 alloys complement the green exterior and black accents perfectly, creating a harmonious and visually appealing aesthetic. Despite its high end status, the cost of these wheels might surprise you. Unlike what one might expect from a multi million dollar vehicle, the Vossen LC3-12 set is surprisingly affordable. Available in various sizes from 19 to…
NEW YORK–(BUSINESS WIRE)–Athena Technology Acquisition Corp. II (NYSE: ATEK.U) (Athena Technology II or ATEK), a publicly listed special purpose acquisition company (SPAC), announced that, as previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2023, which was filed on September 26, 2024 with the Securities and Exchange Commission, the audited financial statements contained an audit opinion from its independent registered public accounting firm that included an explanatory paragraph related to the Company’s ability to continue as a going concern. This announcement is made pursuant to NYSE American LLC Company Guide Sections 401(h) and 610(b),…
The Studebaker Lark, a pioneer in the compact car market, debuted in 1958 for the 1959 model year. Despite not reaching the iconic status of the Falcon or Chevy II/Nova, the Lark boasts several notable achievements. It spawned America’s first compact muscle car, the Super Lark, and introduced the innovative Wagonaire station wagon with a sliding roof. The Lark played a crucial role in Studebaker’s high-performance campaign, featuring the R-series V8 engine in record-breaking runs at Bonneville Salt Flats. Notably, it’s one of the few nameplates to survive the closure of Studebaker’s South Bend factory. The 1964 Daytona showcased in…
DALLAS, Oct. 14, 2024 /PRNewswire/ — EnLink Midstream, LLC (NYSE: NYSE:) (EnLink) today announced a quarterly distribution for the third quarter of 2024. EnLink’s Board of Directors declared a cash distribution of $0.1325 per common unit for the third quarter of 2024, which is unchanged from the second quarter 2024 distribution. The third quarter 2024 cash distribution will be paid on November 14, 2024, to unitholders of record on November 1, 2024. About EnLink MidstreamHeadquartered in Dallas, EnLink Midstream (NYSE: ENLC) provides integrated midstream infrastructure services for , , condensate, and NGLs, as well as CO2 transportation for carbon capture…
Sir Keir Starmer, right, listens to Eric Schmidt and Dame Emma Walmsley during the International … [+] Investment Summit.Getty Images The U.K. government said that four American tech companies have agreed to invest a combined £6.3 billion ($8.2 billion) in data centers, a move aimed at strengthening Britain’s position in the global AI race. The investment pledges came from ServiceNow, CyrusOne, CloudHQ and CoreWeave, the government said Monday during the International Investment Summit. U.K. Technology Secretary Peter Kyle described the agreement as a “vote of confidence in Britain.” “Tech leaders from all over the world are seeing Britain as the…
US stocks rose on Monday with two major indexes clinching record closes as Nvidia (NVDA) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies.The S&P 500 (^GSPC) moved up nearly 0.8% to close at a fresh record after ending above 5,800 for the first time on Friday. The tech-heavy Nasdaq Composite (^IXIC) jumped nearly 0.9%. The Dow Jones Industrial Average (^DJI) rose more than 200 points, or almost 0.5%, to close above the 43,000 level for the first time.Tech stocks led the day’s gains, with chip giant Nvidia rising nearly 3% to close…
Who’s president matters a great deal when it comes to transportation priorities: The Obama administration spent more on transit, while Trump favored road spending and Biden has focused more on bike and pedestrian projects, according to an Urban Institute study. (Smart Cities Dive, Streetsblog USA) Hundreds of empty or underused parking lots and garages across the country could be repurposed into housing. (Route Fifty) Without better infrastructure to make riders feel safe, rebates for e-bikes and e-scooters will only go so far. (The Conversation) Transportation for America makes a great case for more balanced investment in multiple modes of transportation.…