Tag

Long Term Contracts

All articles tagged with #long term contracts

sports1 year ago•1 min saved

MLB Teams Vie for Juan Soto's Signature in High-Stakes Meetings

As MLB teams like the Yankees and Mets vie to sign Juan Soto, they face the challenge of offering a long-term contract that extends into his late 30s, similar to deals given to stars like Manny Machado and Mookie Betts. Soto, entering his age-26 season in 2025, may seek a 13-year contract, potentially worth $660 million, to match the length and value of contracts held by top players. This raises questions about the financial implications of such a commitment.

via New York Post |

#juan-soto #long-term-contracts #mets

energy-finance1 year ago•3 min saved

"EDF's Revival at Risk as Power Prices Plummet"

Falling electricity prices are hindering EDF's negotiations for long-term contracts with industrial customers, posing a threat to the debt-laden energy group's financial stability and its ability to maintain its aging nuclear plants. Despite progress in reducing debt and increasing profits, the lack of forward deals raises concerns about EDF's long-term commercial outlook. The drop in prices is disrupting the market and EDF, potentially impacting its funding and credit ratings. EDF and customers are at a standstill in negotiations, with uncertainty over future prices slowing investment decisions for energy-intensive industries.

via Reuters|

#debt #edf #electricity-prices

business1 year ago•12 min saved

"Cameco's 2023 Q4 Results and Stock Outlook"

Cameco reported its 2023 fourth quarter and annual financial and operating results, highlighting increased sales volumes and realized prices in its uranium and fuel services segments. The company plans to increase tier-one production and extend the mine life at Cigar Lake, while also evaluating the expansion of production at McArthur River/Key Lake. Additionally, Cameco acquired a 49% interest in Westinghouse and expects strong financial performance in 2024. The company maintains a strong balance sheet and continues its disciplined long-term contracting strategy, with commitments for approximately 205 million pounds of uranium. Cameco also received dividends from JV Inkai and resolved a tax dispute with the Canada Revenue Agency.

via Cameco|

#business #cameco #financial-results