MIAMI, June 27, 2023--World Kinect Corporation (NYSE:WKC) ("World Kinect" or the "Company") announced that on June 26, 2023 it closed its previously announced private offering of $350 million aggregate principal amount of 3.250% Convertible Senior Notes due 2028 (the "Notes"). In response to strong investor demand, World Kinect upsized the initial offering of $250 million aggregate principal amount of the Notes to $300 million and the initial purchasers fully exercised their option to purchase a

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Downgrades at Playa Hotels & Resorts, Antero Resources, World Fuel Services, and Host Hotels. Playa Hotels & Resorts (NASDAQ:PLYA) shares plunged nearly 7% yesterday after BofA Securities downgraded the company to Underperform from Buy with a price target of $8.00 (from $10.00), signaling potential challenges ahead for the company amidst current market uncertainties. According to BofA, the increased competi...

MIAMI, June 22, 2023--World Kinect Corporation (NYSE:WKC) ("World Kinect" or the "Company") announced today the upsize and pricing of its private offering of $300 million aggregate principal amount of 3.250% Convertible Senior Notes due 2028 (the "notes"). The notes were offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). World Kinect has granted to the initial purchaser

MIAMI, June 21, 2023--World Kinect Corporation (NYSE:WKC) ("World Kinect" or "the Company") announced today that it intends to offer, subject to market and other conditions, $250 million aggregate principal amount of Convertible Senior Notes due 2028 (the "notes") in a private offering. The notes will be offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). World Kinect al

MIAMI, June 15, 2023--World Kinect Corporation (NYSE:WKC) (the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.14 per share, which is payable on July 10, 2023 to shareholders of record on June 26, 2023.

MIAMI, June 15, 2023--World Fuel Services Corporation (NYSE:INT) ("Company") today announced it has changed its corporate name to World Kinect Corporation.

It may be time to sell some of the top energy stocks, especially as they become overvalued. Sure, according to the International Energy Agency, rising post-Covid demand from China, coupled with tight supply, suggests that a crude oil rebound is possible later this year. However, U.S.-driven factors such as debt ceiling uncertainty and continued interest rate hikes from the Federal Reserve may outweigh this, possibly pushing Light Sweet Crude prices (now in the low-$70s per barrel) to even lower

World Fuel Services (World Fuel) and Neste today announce their recently signed agreement for Sustainable Aviation Fuel (SAF), further strengthening the relationship between these two global companies. This agreement provides World Fuel with greater access to the currently limited supply of SAF available for European commercial, business, and general aviation customers. Increasing the accessibility of renewable fuels like SAF worldwide is a key tenet of World Fuel's mission to enable its custome

World Fuel Services Corporation ( NYSE:INT ) shareholders might be concerned after seeing the share price drop 21% in...

Is World Fuel Services (INT) a great pick from the value investor's perspective right now? Read on to know more.