Author: Laura Kane

Enphase Energy Prices $120 Million of 1% Convertible Senior Notes Due 2024

Enphase Energy Prices $120 Million of 1% Convertible Senior Notes Due 2024

Enphase Energy (ENPH), which sells home energy solutions for the solar photovoltaic industry in the US, said Friday it has priced $120 million of 1% convertible senior notes due 2024 in a private placement to qualified institutional buyers. Enphase said in a statement it has also granted the initial buyers of the notes a 13-day option to buy up to […]

PCE Price Index Rises in Line With Expectations as Incomes Grow, Spending Slips in April

PCE Price Index Rises in Line With Expectations as Incomes Grow, Spending Slips in April

Personal consumption expenditure price inflation accelerated in April, matching analysts’ expectations while incomes increased and consumer spending slowed, government data showed on Friday. The PCE price index rose 0.3% last month from 0.2% in March, the Bureau of Economic Analysis said. That was in line with the consensus on Econoday. The reading on core prices, which excludes food and energy, […]

Equities Sink in Early US Session as President Trump Hits Mexico With Surprise Tariffs

Equities Sink in Early US Session as President Trump Hits Mexico With Surprise Tariffs

Stocks plunged in early trading on Friday as President Trump surprised investors by slapping new tariffs on Mexico over illegal migration, sending measures firmly into the red on the new injection of trade-related uncertainty. Late Thursday, Trump said an escalating series of tariffs on all imports from Mexico would start next month unless the southern neighbor takes steps to stop […]