Collapsed $20 Billion Sun Cable Project Receives Multiple Bids [BNN Bloomberg (Canada)]
Moelis & Company Class A (MC)
Last moelis & company class a earnings: 4/22 04:15 pm
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Source: BNN Bloomberg
Administrators will now seek to progress to binding proposals by the end of April and to complete a sale by the end of May, FTI Consulting and sale adviser Moelis & Co. said Wednesday. Bidders included prospective buyers that aren't existing shareholders in the project. Sun Cable entered into voluntary administration in January after a disagreement between two key investors — mining magnate Andrew Forrest and tech tycoon Mike Cannon-Brookes — over whether the project should maintain its original plan to export solar power to Singapore through a giant cable, or instead use it to create green fuels. Forrest's Squadron Energy has been studying options to take control of the project, people familiar with the firm's plans said in January. Representatives for Squadron weren't immediately available to respond, while Cannon-Brookes' Grok family office declined to comment. ©2023 Bloomberg L.P. Top Picks Top Stories In wake of SVB collapse, RBC analyst surprised consequences of r
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News
- Moelis & Company (NYSE:MC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Moelis & Company (NYSE: MC) had its price target raised by analysts at UBS Group AG from $45.00 to $47.00. They now have a "sell" rating on the stock.MarketBeat
- Moelis & Company (NYSE: MC) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $54.00 price target on the stock, down previously from $58.00.MarketBeat
- Moelis & Company's (MC) Q1 Earnings Top as Revenues Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- Moelis & Company Reports First Quarter 2024 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share [Yahoo! Finance]Yahoo! Finance
MC
Earnings
- 4/24/24 - Beat
MC
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/25/24 - Form 10-Q
- MC's page on the SEC website