11:22 AM EST, 12/17/2024 (MT Newswires) -- DavidsTea ( DTEAF ) , up 20% on last look, on Tuesday reported a swing to a third-quarter adjusted profit on higher sales. The tea merchant reported an adjusted profit of $12,000 or $nil per share, compared with an adjusted loss of $3.5 million, or $0.13, last year. Sales rose 16% to $14...

11:20 AM EST, 12/17/2024 (MT Newswires) -- Penguin Solutions' ( PENG ) Cree LED and Daktronics ( DAKT ) said Tuesday they have signed a multi-year licensing agreement for LED display technology providing the latter to use Cree's technology with limited exceptions. The agreement ensures there are no patent disputes between the parties for the term of the agreement, the...

11:15 AM EST, 12/17/2024 (MT Newswires) -- KKR's (KKR) second tender offer for Fuji Soft's common shares and share options received the Japanese IT company's support despite a new offer from Bain Capital, according to a Fuji Soft statement Tuesday that was translated from Japanese. Bain Capital increased its offer price for Fuji Soft to 9,600 Japanese yen ($63) per...

Whales with a lot of money to spend have taken a noticeably bullish stance on Vertiv Hldgs ( VRT ). Looking at options history for Vertiv Hldgs ( VRT ) we detected 14 trades. If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 35% with...