Turf Maintenance Equipment Manufacturer Toro Faces Challenges
Toro, a leading turf maintenance equipment manufacturer, faces challenges with a 14% drop in shares and lower demand for lawn care products. Despite this, the company is satisfied with the performance of other businesses.
Nurix Therapeutics Collaborates with Seagen in Multi-Billion Dollar Deal
Nurix Therapeutics partners with Seagen to advance targeted protein degraders for cancer treatment, with significant financial investments and market response.
Universal Music Group Shakes Up Music Streaming with Deezer Deal
Universal Music Group strikes a deal with Deezer to revolutionize music streaming, increase artist payouts, and combat streaming white noise. The industry is undergoing a significant shift.
Intuit Launches Generative AI Software
Intuit revolutionizes financial, tax, and accounting tools with their generative AI software, Intuit Assist, providing enhanced user experience and expert guidance.
Express Inc. Reports Fiscal Second Quarter Results
Express Inc. reports net loss and decreased sales in Q2, but maintains positive outlook for future sales and recovery.
Enbridge to Acquire Three U.S. Utilities in $14 Billion Deal
Enbridge's $14 billion acquisition of three U.S. utilities from Dominion Energy will create the largest natural gas utility franchise in North America, with a positive impact on earnings. The deal involves cash consideration and assumed deb...
Zscaler Inc. Exceeds Expectations, Shares Rally
Zscaler Inc. exceeded expectations for the quarter, with impressive financial performance and a positive outlook for the future.
Albemarle's Acquisition of Liontown Resources
Albemarle plans to acquire Liontown Resources to boost lithium production and meet the increasing demand for electric vehicles. The proposed deal is subject to approval and projected to close in early 2024. Albemarle's expansion aligns with...
Stock Moves Ahead of Tuesday's Open
This article highlights the stock gainers and losers ahead of Tuesday's market open, including the reasons behind the movements.
Ashtead Group Reports Strong Profit Growth in Q1 2024
Ashtead Group, a leading equipment-rental company, reports strong profit growth in Q1 2024, primarily fueled by robust North American markets. U.S. and Canadian segments show profit margins of 29.9% and 21.8% respectively. Revenue also sees...