Apple Raises $7.5 Billion in Seven-Part Bond Sale
Apple Inc. raised $7.5 billion in a seven-part investment-grade bond sale, drawing roughly $31 billion of investor orders and pricing its longest tranche tighter than recent deals from other large technology and financial issuers. The Cupertino, Calif., company sold $500 million of floating-rate notes due 2028 at the Secured Overnight Financing Rate plus 22 basis […]
ANI Pharmaceuticals Offers $560 Million for Sweden’s Egetis
ANI Pharmaceuticals Inc. launched a recommended public cash offer for Egetis Therapeutics AB, valuing the Swedish rare-disease company at about $560 million and adding Emcitate, the first approved treatment for MCT8 deficiency, to its specialty portfolio. The Baudette, Minn., company is offering 11.25 Swedish kronor a share, a premium of about 27% to Egetis’s 60-day […]
Alfa Laval to Buy Maritime Software Firm NAVTOR for $700 Million
Alfa Laval AB agreed to buy NAVTOR AS, a Norwegian maritime software company, for about $700 million in cash, adding electronic navigation and vessel-performance tools to the Swedish industrial group’s Ocean Division. The all-cash price of 6.85 billion Swedish kronor was announced Friday. NAVTOR supplies e-navigation charts, voyage planning and performance analytics to shipowners and […]
Wembanyama Posts 52 Points, 24 Rebounds
SAN ANTONIO, Texas — Victor Wembanyama turned in the biggest game of his career Wednesday night, piling up 52 points, 24 rebounds and eight blocked shots as the San Antonio Spurs survived a late Dallas rally and won 112-111 at Frost Bank Center. The deciding point came at the line. With the score tied at
Valkyries Fans Pack the Embarcadero for WNBA Title Parade
SAN FRANCISCO, Calif. — Golden State Valkyries fans turned out by the thousands along the city waterfront on Wednesday, cheering the newest champions of the WNBA during a two-hour victory parade down The Embarcadero. The route ran from the Ferry Building near Mission Street south to King and 2nd streets, with the celebration set for
Reds Name Former Guardians Aide Joe Torres Pitching Coach
CINCINNATI, Ohio — The Cincinnati Reds have a new pitching coach, and manager Terry Francona went back to his Cleveland roots to find him. The club announced Wednesday that it hired Joe Torres, who has been the No. 2 pitching coach for the Guardians since 2022. Torres, 44, takes over for Derek Johnson. Johnson stepped
Ravens Near Trade for Cardinals QB Jacoby Brissett
BALTIMORE, Md. — Down two quarterbacks, the Baltimore Ravens are closing in on a trade with the Arizona Cardinals for veteran passer Jacoby Brissett, with the deal expected to be wrapped up over the weekend. Neither club has announced the move, and the terms have not been made public. Arizona head coach Mike LaFleur declined
Doncic Flags Courtside Fan Who Threw Ball at Referee
SACRAMENTO, Calif. — Luka Doncic made sure arena security noticed a courtside spectator who hurled the ball at a referee Wednesday night, and the man was escorted out of Golden 1 Center as the Los Angeles Lakers went on to beat Sacramento 116-103. The incident came with 2:35 to play in the third quarter. When
LeBron, East-Leading 76ers Visit Cavaliers in NBA Cup Play
CLEVELAND, Ohio — The hottest team in the Eastern Conference heads to Cleveland on Friday night. The Philadelphia 76ers, 8-1 and atop the East, take on the 4-4 Cavaliers in an NBA Cup group-stage game, with tipoff set for 7:30 p.m. Eastern. It is the second meeting between the clubs in a little over two
Mariners Turn to Filling Coaching Staff Under Jason Kanzler
SEATTLE, Wash. — With its new manager in place, the Seattle Mariners now have to build the staff around him. The club formally introduced Jason Kanzler on Wednesday at T-Mobile Park, and team leaders say roughly half of the major league coaching jobs are still open. Kanzler, 36, is the 22nd manager in franchise history.