Mercer International Expects to File for Bankruptcy

Mercer International expects to file for bankruptcy and plans to continue normal operations. "With the support of the majority of our noteholders and shareholders, we are putting in place a much ...

Red Robin Reschedules Earnings Call

Red Robin Gourmet Burgers rescheduled its earnings release and conference call to Nov. 18, giving the company more time to complete financial statements and related disclosures.

Tennant Increases Dividend by 5%

Tennant said its board has approved a 5% increase to the company's quarterly cash dividend.

EVgo Closes Higher After Company Receives Proposal to Go Private -- Update

LS Power bought EVgo from Vision Ridge Partners in 2020. The company went public via a 2021 deal with a special-purpose acquisition company. Since early August, analysts from Stifel, UBS, RBC Capital ...

Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’

On Monday, Marvell Technology agreed to buy Lumentum Holdings for $115 billion, though the deal’s value will be tied to ...

Bioventus Shares Fall on 3Q Sales Miss, Cut to Outlook

Shares of Bioventus fell after the company cut its outlook and reported sales in the third quarter that missed analyst expectations. The stock fell 11% to $11.75 in after-hours trading on Monday.

Franklin Covey to Transition China Ops to Local Ownership

Shanghai Hanquan is led by Yvonne Feng, who has led Franklin Covey's business in China for about 10 years, the company said. Once the deal closes, Shanghai Hanquan will operate as a locally owned ...

Blackstone, Boston Scientific Sign $455M Deal to Co-Fund Heart Pump

Blackstone Life Sciences signed a $455 million deal with Boston Scientific to co-fund the development of a minimally invasive heart pump. The two companies are developing Vitalyst, a Boston Scientific ...

Backblaze Shares Surge on Raised Full-Year Revenue Outlook

Shares of Backblaze climbed after the company raised its full-year revenue outlook. Shares surged 33% to $9.84 in after-hours trading on Monday. The stock was down 2.5% at $7.40 through market-close, ...

Upwork Shares Higher on 3Q Results, Raised Guidance

Shares of Upwork were trading higher in the after-hours market, following the release of third-quarter financial results and higher guidance by the work marketplace operator. Upwork shares rose 13% to ...

Williams Cos. Posts Higher 3Q Profit, Revenue on Service Revenue Growth

Williams Cos. profit and revenue rose on an increase in the company's main service revenue. The energy infrastructure company logged a third-quarter profit of $699 million, or 56 cents a share, ...

Zoom Communications Inc. stock falls Monday, underperforms market

Shares of Zoom Communications Inc. ZM slipped 3.69% to $91.98 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0 ...