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SHBI News12 articles
EA's Madden NFL 27 Patch Aims to Shore Up Live Services After Buyout
EA's latest Madden NFL 27 patch targets transaction and progression glitches as the company navigates post-buyout debt and live-service revenue pressures.
Sberbank Sees Only 20% of Russian Crypto Trading Moving Onshore
Sberbank expects only 3.5-4 trillion rubles of Russia's crypto trading to move onshore in the first year, citing a liquidity gap as new regulations take effect.
NANO Nuclear's $580M Cash Cushion Shores Up Balance Sheet Amid Sector Slump
NANO Nuclear's $580M liquidity equals 57% of its market value, but shares slipped 4.1% last week. Analysts remain bullish on long-term potential.
Pentagon Review Freezes $47B Onshore Wind Pipeline Amid State Opposition
A Pentagon review halt has frozen $47 billion in onshore wind projects, affecting 106 developments and nearly 30 GW of capacity across 21 states.
Sable Offshore Shares Plunge 48% on Dilution Fears From $100M Stock Sale
Sable Offshore shares tumbled 48.5% as its $100 million stock sale could nearly double dilution due to the lower share price, part of a broader refinancing package.
Transocean Stock Dives 4.5% as Oil Price Rout Stings Offshore Drillers
Transocean (RIG) shares fell 4.5% to $5.04 as oil prices slumped, threatening offshore drilling spending despite $185 million in new contracts and a $7.1 billion backlog. The pending $5.8 billion Valaris merger faces U.S. antitrust review.
Invenergy Accepts $765M Payout to Exit Offshore Wind Leases
Invenergy will get $765 million to terminate four offshore wind leases, with funds redirected to natural gas and geothermal, as the administration's buyback program nears $2.6 billion.
Transocean Stock Dips as Oil Rally Fails to Lift Offshore Driller
Transocean shares slipped 1.2% to $6.18 even as crude oil surged near $100 on Middle East tensions, with investors focused on a new rig contract in Australia and the pending Valaris merger.
Bahamas Election Ban Halts Onshore Alcohol Sales at Royal Caribbean's CocoCay
Royal Caribbean guests at CocoCay will be unable to purchase alcohol onshore May 12 due to the Bahamas' election-day liquor ban. Shipboard service continues, but the restriction adds guest frustration.
W&T Offshore Posts Wider 2025 Loss Amid Revenue Drop, Sees Regulatory Relief
W&T Offshore disclosed a deeper net loss for 2025, with revenue declining to $501.5 million. The company highlighted reduced net debt and potential regulatory relief from proposed offshore financial assurance rules.
Transocean to Acquire Valaris in $5.8 Billion Offshore Drilling Merger
Valaris shares surged 23% after Transocean announced an all-stock acquisition valued at $5.8 billion. The combined entity would operate 73 rigs with an enterprise value of approximately $17 billion.
Seatrium Shares Dip Ahead of Key Financial Report, Offshore Wind Milestone in Focus
Seatrium shares declined 1% to S$2.06 ahead of its full-year results release on February 26. The company recently achieved a construction milestone with TenneT and GE Vernova on a major offshore wind platform.