xbrchx/iStock via Getty Images MarineMax (NYSE:HZO) rose 4% in after hours trading after Island Capital Group offered to buy a 100% interest in the company’s yachting and marina business. Island Capital Group, which is run by Andrew L. Farkas, who sold the YRMS business to MarineMax (HZO) in 2022 forContinue Reading
Anthropic Claude 3.5 Sonnet currently ranks at the top of S&P AI Benchmarks by Kensho, which assesses large language models (LLMs) for finance and business. Kensho is the AI Innovation Hub for S&P Global. Using Amazon Bedrock, Kensho was able to quickly run Anthropic Claude 3.5 Sonnet through a challengingContinue Reading
nespix Maple Leaf Foods Inc. (TSX:MFI:CA) (OTCPK:MLFNF) announced on Tuesday a plan to unlock significant value by separating into two independent public companies, each primed for growth and positioned to be a leader in its field. Looking ahead, Maple Leaf Foods (OTCPK:MLFNF) will continue to pursue its vision to beContinue Reading
naumoid/iStock via Getty Images Masimo (NASDAQ:MASI) said that a potential joint venture partner for its consumer business is prepared to offer $850 million to $900 million for the unit on a cash and debt free basis. Masimo (MASI) disclosed that on July 2 the potential JV partner provided a non-bindingContinue Reading
Maksim Labkouski/iStock via Getty Images NCR Voyix (NYSE:VYX) edged higher by 2% amid a report that it’s evaluating the sale of its digital banking business. NCR Voyix (VYX) is trying to get as much as $3 billion for the unit and has hired Goldman Sachs to solicit interest from possibleContinue Reading
Australia’s federal court said that PayPal (NASDAQ:PYPL) Australia used an unfair term in its standard contracts that led to erroneous fee charging to small businesses, the Australian Securities and Investments Commission (ASIC) reported. The clause was unjust because PayPal (PYPL) would retain such ‘erroneously charged fees’ in the event theseContinue Reading
hapabapa Amazon (NASDAQ:AMZN) is discontinuing its security robot Astro for Business for small- and medium-sized businesses, to focus on household robots, Reuters reported. The company introduced the Wall-E-like robot for household use in 2021. Astro for Business, which was priced at $2,349.99, was unveiled in November 2023 for a rangeContinue Reading
Sean Gallup/Getty Images News Germany’s government said Wednesday it has blocked the planned sale of the gas turbine business of Volkswagen’s (OTCPK:VWAGY) (OTCPK:VLKAF) MAN Energy Solutions unit to a Chinese company, citing security reasons. The sale to Chinese state-owned CSIC Longjiang GH Gas Turbine Co., a subsidiary of China StateContinue Reading
monticelllo/iStock Editorial via Getty Images Constellation Brands (NYSE:STZ) traded higher in early action on Wednesday after posting a mixed FQ1 earnings report. The company reported revenue rose 6.0% year-over-year during the quarter to $2.66 billion. Comparable EPS of $3.57 was disclosed, vs. $3.45 consensus and $3.04 a year ago. ConstellationContinue Reading
Amazon Q Business is a generative AI-powered assistant that can answer questions, provide summaries, generate content, and extract insights directly from the content in digital as well as scanned PDF documents in your enterprise data sources without needing to extract the text first. Customers across industries such as finance, insurance, healthcareContinue Reading
