Stephen Nakrosis

Clifton

Copy Editor at Dow Jones Newswires

Articles

Florida Authority to Sell $304 Million for Everglades College

1 week ago | tradingview.com | Stephen Nakrosis

Florida Authority to Sell $304 Million for Everglades CollegeFlorida's Higher Educational Facilities Financing Authority plans to sell $304 million of bonds on behalf of Everglades College, a nonprofit corporation. Proceeds from the sale of Facilities Revenue Bonds Series 2025 will be loaned to the college, which does business as Keiser University and Everglades University, according to documents posted on MuniOS.
Ohio Authority Selling $350 Million of Revenue Bonds for Clean Water Projects

2 weeks ago | tradingview.com | Stephen Nakrosis

Ohio Authority Selling $350 Million of Revenue Bonds for Clean Water ProjectsThe Ohio Water Development Authority plans to offer $350 million of revenue bonds to help finance drinking water projects around the state. Drinking Water Assistance Fund Revenue Bonds Series 2025 A will consist of serial bonds maturing from June 1, 2029 to Dec. 1, 2038, and term bonds maturing between 2039 and 2047, according to documents posted Friday on MuniOS.
Millicom to Acquire Telefonica Ecuador for $380 Million

2 weeks ago | tradingview.com | Stephen Nakrosis

Millicom to Acquire Telefonica Ecuador for $380 MillionTEFTIGOMillicom International Cellular will buy Telefonica Ecuador's telecommunications operations in a deal valued at $380 million. The acquisition enhances Millicom's regional footprint and commercial reach, and lays the foundation for innovation, digital inclusion, and sustained long-term growth, the company said Friday. The deal also enhances Millicom's geographic diversification, the company said.
Allison Transmission to Buy Dana’s Off-Highway Business for About $2.7 Billion

2 weeks ago | wsj.com | Stephen Nakrosis

Updated June 11, 2025 6:24 pm ETAllison Transmission Holdings said it agreed to buy Dana’s Off-Highway unit for about $2.7 billion. Allison said the deal is expected to immediately add to diluted earnings per share, and generate annual run-rate savings of about $120 million. The company plans to finance the transaction through a combination of cash on its balance sheet and debt. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
California Agency to Sell $84.1 Million of Bonds for Residential Housing in San Francisco

2 weeks ago | tradingview.com | Stephen Nakrosis

California Agency to Sell $84.1 Million of Bonds for Residential Housing in San FranciscoThe California Housing Finance Agency plans to offer $84.1 million of limited obligation bonds to help finance construction of a new rental housing development in San Francisco. Proceeds from the Limited Obligation Multifamily Housing Revenue Bonds, 2025 Issue P, will be loaned to MRK Partners, the project's developer, according to a preliminary official statement posted Monday on MuniOS.
FedEx Raises Quarterly Dividend By 5%

2 weeks ago | tradingview.com | Stephen Nakrosis

FedEx Raises Quarterly Dividend By 5%FDXFedEx on Monday said its board approved an increase to the company's quarterly cash dividend, to $1.45 per share from $1.38. The new dividend, $5.80 on an annual basis, will be payable on July 8 to shareholders of record at the close of business on June 23. Based on Monday's closing share price of $222.18, the new dividend represents a yield of 2.6%.
Arizona's Maricopa County Offering $80 Million of Bonds For Charter School

3 weeks ago | tradingview.com | Stephen Nakrosis

Arizona's Maricopa County Offering $80 Million of Bonds For Charter SchoolThe Industrial Development Authority of the County of Maricopa in Arizona plans to sell $80 million of revenue bonds to help finance construction of a charter school in South Carolina. Money raised by the offering will be loaned to Legacy Traditional Schools, which has operations in Arizona and Nevada, according to documents posted on MuniOS. Legacy also plans to operate schools in North Carolina.
Massachusetts Offering $282 Million in Bonds to Finance Student Loans

1 month ago | morningstar.com | Stephen Nakrosis

By Stephen Nakrosis The Massachusetts Educational Financing Authority is offering some $282 million in bonds to help finance education loans. Proceeds from the offering will be used to finance education loans to undergraduate and graduate students attending participating institutions in the 2025-26 academic year. Other purposes for proceeds include funding the reserve fund and the taxable capitalized interest account, and paying issuance costs.
Firehouse Subs Plans 100 Restaurants in Mexico

1 month ago | morningstar.com | Stephen Nakrosis

By Stephen Nakrosis Firehouse Subs said it entered a deal to expand its presence in Mexico, and will open 100 restaurants over the next five years with Mexico's FoodPlay. Firehouse, which is owned by Restaurant Brands International, said FoodPlay plans to open the first Firehouse Subs restaurant this year in Monterrey. The company said it operates over 1,300 restaurants across the U.S., Canada, Switzerland, Mexico, Albania, and the United Arab Emirates.
Vail Resorts Says Rob Katz to Return as CEO

1 month ago | wsj.com | Stephen Nakrosis

Vail Resorts also said it was reaffirming the guidance outlook provided on April 24. Vail Resorts MTN 2.57 %increase; green up pointing triangle said Rob Katz is returning as CEO. Katz will succeed Kirsten Lynch , who stepped down as CEO and as a director. Katz will also continue to serve as executive chairperson.