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McDermott Moves Forward With $2.7 Billion Sale Of Lummus Technology

2020-03-04 19:57:33| OGI

Proceeds from the sale of Lummus Technology are expected to repay McDermotts DIP financing in full, as well as fund emergence costs and provide cash to the balance sheet for long-term liquidity.

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Hobbled by Virus, Chinas Wanda Faces $5.7 Billion Debt Bill

2020-03-04 16:33:00| National Real Estate Investor

Dalian Wanda Group, which went on a global acquisition binge a few years ago, now faces a wall of maturing debt.

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Chevron Pledges Up To $80 Billion In Shareholder Returns

2020-03-04 11:20:00| OGI

We believe our advantaged portfolio and capital efficiency enable us to grow cash flows and increase returns without relying on rising oil prices, Chevron CEO Michael Wirth said in a statement.

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German video entertainment market approaching 10 billion in 2020

2020-03-03 13:00:40| Digital TV News

According to Futuresource Consulting, 2019 was a defining year for the German TV and video market, with mass market resistance to premium digital video finally falling away and paving the way for next months launch of Disney+.

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Demand for meat accelerating with $50.5 billion in sales in 2019

2020-03-02 17:22:00| National Hog Farmer

Analysis finds 83% of shoppers purchase specific cuts and are eating smaller portions, but total volume sales are up, meaning they are eating less more often.

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