Crown Castle has completed the sale of its Fiber Solutions and Small Cell businesses for $8.5 billion, netting about $8.4 billion after adjustments. The company will use part of the proceeds to repurchase $1 billion in shares and reduce debt by over $7 billion, positioning itself as a focused U.S. tower operator. This strategic shift aims to improve customer alignment, decision-making, and execution, supporting long-term shareholder value. Crown Castle also updated its 2026 outlook, reflecting lower interest expenses and higher interest income due to the earlier-than-expected receipt of sale proceeds.
Canadian Copper Inc. has appointed DRA Americas and partners to lead the feasibility study for its 100%-owned Murray Brook Project and Caribou Process Plant, with results expected by December 2026. Early site work, including geotechnical investigatio...
First Trust S&P REIT Index Fund (FRI) saw its 2025 distribution fall to $0.8155 per share from $0.9104 in 2024, reflecting higher financing costs amid rising 10-year Treasury yields. The fund tracks the S&P U.S. REIT Index and holds diversified, larg...
