RiverNorthPhotography The parent of Saks Fifth Avenue agreed to buy rival upscale department store chain Neiman Marcus for $2.65 billion. The boards of both retailers approved the deal and an announcement may come this evening, according to a WSJ report on Wednesday, which cited people familiar with the matter. UnderContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Update 1:20pm: Updates shares, adds Tempur Sealy response. The Federal Trade Commission sued to block mattress maker Tempur Sealy’s (NYSE:TPX) planned $4 billion purchase of retailer Mattress Firm. Tempur Sealy rose 2.4% The regulator issued an administrative complaint and authorized a lawsuit in federal courtContinue Reading
Beam Global (NASDAQ:BEEM) announces record Q2 new orders of $10.6 million, up 128% Y/Y, with over half of U.S. orders from new customers. The company’s new orders from U.S. commercial business in Q2 increased 66% Y/Y. In Europe, Beam Global shipped its first EV ARC™ systems to Cyprus for theContinue Reading
TransAlta Corporation (NYSE:TAC) on Monday announced that it entered into an automatic share purchase plan to facilitate repurchases of TransAlta’s common shares under the company’s previously announced normal course issuer bid. The company previously announced that it received approval from the Toronto Stock Exchange to purchase up to 14M ofContinue Reading
Shineco (NASDAQ:SISI) on Monday announced that on June 20, 2024, it entered into a securities purchase agreement with certain non-U.S. investors. Pursuant to the agreement, the company will issue up to 1.4M shares of its common stock to the purchasers in a private placement financing transaction at an offering priceContinue Reading
U.Today – U.Today presents you with the top three news stories over the past day. MicroStrategy’s enormous purchase announced by Michael Saylor: Details Yesterday, June 20, Michael Saylor took to X platform to announce a recent massive purchase of MicroStrategy. The company acquired 11,931 BTC worth $786 million, with theContinue Reading
