Dashboard

Financial News

Corteva Declares Quarterly Dividend
benzinga56d ago

Corteva Declares Quarterly Dividend

INDIANAPOLIS , April 28, 2026 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA ) today announced its Board of Directors has authorized a common stock dividend of $0.18 cents per share, payable June 15, 2026, to the Company's shareholders of record on June 1, 2026. ... Full story available on Benzinga.com

#STOCKS
BLUE WATER ACQUISITION CORP. IV ANNOUNCES LETTER OF INTENT FOR A PROPOSED ACQUISITION OF MAHA CAPITAL AB SUBSIDIARIES, CREATING A PUBLIC PLATFORM WITH VENEZUELAN ENERGY EXPOSURE AND HIGH-GROWTH AI FINTECH BUSINESS
benzinga56d ago

BLUE WATER ACQUISITION CORP. IV ANNOUNCES LETTER OF INTENT FOR A PROPOSED ACQUISITION OF MAHA CAPITAL AB SUBSIDIARIES, CREATING A PUBLIC PLATFORM WITH VENEZUELAN ENERGY EXPOSURE AND HIGH-GROWTH AI FINTECH BUSINESS

NEW YORK , April 28, 2026 /PRNewswire/ -- Blue Water Acquisition Corp. IV (NYSE: BWIV ) ("BWIV"), a publicly listed special purpose acquisition company (the "Company"), today announced that it has entered into a letter of intent ("LOI") to acquire substantially all of Maha Capital AB ("Maha") subsidiaries inclusive of their respective assets and contracts expected to result in the formation of a publicly traded company listed on the New York Stock Exchange (NYSE). The Company will be headquartered in New York City and will create a differentiated portfolio of energy and financial technology assets. The transaction is expected to provide investors with exposure to a uniquely positioned energy platform. A central component of the acquisition is Maha's subsidiaries and affiliated entities holding exposure to Venezuelan energy-related assets that may operate under authorizations issued by the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC"), including General License 52 ("GL 52"), subject to regulatory compliance and applicable approvals. These authorizations, where applicable, provide a structured legal framework for certain activities involving Venezuela's energy sector in accordance with U.S. sanctions laws. According to the U.S. Department of Energy, Venezuela holds the largest proven oil reserves in the world, primarily concentrated in the Orinoco Belt. Despite the scale of these resources, production has declined materially over the past decade due to underinvestment and infrastructure constraints, creating a significant opportunity for capital, technology, and operational expertise to unlock value over time. Upon completion of the transaction, the Company is expected to be among a limited number of publicly traded platforms offering exposure to Venezuelan energy assets within an OFAC-compliant structure. This positioning provides investors with potential access to a globally significant resource base, coupled with long-term optionality tied to geopolitical and regulatory developments. In addition to its energy platform, the Company will include Maha's financial technology subsidiaries, which comprise a rapidly growing platform that leverages artificial intelligence to transform business-to-business credit and payments. The platform utilizes advanced AI-driven underwriting models, machine learning risk analytics, and real-time transaction data to expand access to credit for underserved small and medium-sized enterprises, particularly in Latin America and Canada where traditional lending infrastructure remains constrained. Through these capabilities, the platform enables faster credit decision-making, improved risk management, and scalable deployment across fragmented markets. The business also benefits from strategic partnerships, strengthening its position within the global payments ecosystem and enhancing distribution capabilities. Following the closing of the transaction, the company intends to separate its fintech operations into a standalone publicly traded entity within approximately thirty to ninety days. This planned separation is intended to allow each business to ... Full story available on Benzinga.com

#STOCKS
PACCAR Achieves Good Financial Performance
businesswire56d ago

PACCAR Achieves Good Financial Performance

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported good revenues and increased net income in the first quarter of 2026 compared to the fourth quarter last year,” said Preston Feight, chief executive officer. “These results were generated by strong PACCAR Parts and Financial Services results and growth in the truck businesses. PACCAR’s production backlog is increasing due to stronger demand. I am very proud of our employees and dealers who have delivered outstanding trucks and transportation sol

#STOCKS
America’s Currency Is the Global South’s Problem
exclusive_kz56d ago

America’s Currency Is the Global South’s Problem

The US dollar’s share in global foreign reserves peaked in 2001, and has been declining ever since. But while this trend is likely to continue, it is progressing very slowly, meaning that the greenback will retain its relative dominance–and the Global South will continue to suffer the consequences of US policy–for years to come. AI [...]

#COMMODITIES
GFP Real Estate Launches GFP Development, Formalizing Its Rapidly Growing Development Platform
benzinga56d ago

GFP Real Estate Launches GFP Development, Formalizing Its Rapidly Growing Development Platform

NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- GFP Real Estate, LLC announced today the launch of GFP Development , a new affiliated company formalizing the firm's rapidly growing development and construction platform as GFP continues to pursue large-scale development, repositioning and conversion opportunities throughout New York City and the surrounding region. The new entity will be led by Brian Steinwurtzel , who will transition from his role as Co-Chief Executive Officer of GFP Real Estate to serve as Chief Executive Officer of GFP Development. The creation of GFP Development reflects the continued expansion of the firm's development activities in recent years, particularly its development of 100 Gold Street, office-to-residential conversions and adaptive reuse projects, including high-profile redevelopment efforts at 25 Water St. (SoMA) , 222 Broadway and 40 Exchange Place and office redevelopments including the relaunch of 1540 Broadway. "This is an exciting evolution for our organization and a natural next step in GFP's continued growth," said Jeffrey Gural , chairman and CEO of GFP Real Estate. "Watching the business evolve across generations of our family while expanding into new areas of the industry has been incredibly rewarding. Brian has done an exceptional job building our development platform, and with him ... Full story available on Benzinga.com

#COMMODITIES
globenewswire_fr56d ago

CapEx Finance Index March 2026: Q1 New Equipment Demand at Record High

WASHINGTON, April 28, 2026 (GLOBE NEWSWIRE) -- The latest CapEx Finance Index (CFI), released today by the Equipment Leasing & Finance Association (ELFA), shows that while new deal growth edged down in March, total new business volumes (NBV) recorded its strongest quarter on record. Financial conditions remain stable despite ongoing regional tensions in the Middle East. The industry maintains a strong buffer against the surge in energy prices and the upcoming leadership transition at the Federal Reserve.

#ECONOMY
Fire-Adaptive Invasive Plants Pose Imminent Threat to U.S. Biosphere
benzinga56d ago

Fire-Adaptive Invasive Plants Pose Imminent Threat to U.S. Biosphere

WSSA works with CAST and local leaders to develop management and control solutions WESTMINSTER, Colo. , April 28, 2026 /PRNewswire/ -- The Weed Science Society of America (WSSA) and its member scientists are partnering with the Council for Agricultural Science and Technology (CAST), and multiple other organizations to ward off fire-adaptive invasive plants that pose serious, imminent threats to a healthy U.S. biosphere. A soon-to-be published CAST research paper, " Integrated Management of Fire-Adapted Invasive Plants That Change Wildfire Regimes ," details the recent destructive impacts these plants have inflicted to people, plants and animals throughout numerous U.S. regions; it also provides recommendations to minimize their future impact. This research will be the topic of a CAST webinar, on Wednesday, May 6, at noon, CST. "Fire-adaptive invasive plants may well be the biggest issue facing weed science today," says Greg Dahl, one of the research paper's co-authors, past WSSA president, and a WSWS representative on the CAST Plant & Soil Sciences Workgroup. "These invasive species are literally adding fuel to potential future fires that threaten our nation's safety, health, economy and ecology." The CAST research authors spoke recently at the Western Society of Weed Science (WSWS) annual meeting in Tucson, ... Full story available on Benzinga.com

#ECONOMY