08:57 AM EDT, 08/14/2024 (MT Newswires) -- Squarespace ( SQSP ) stockholder Glazer Capital said Wednesday it intends to vote against the proposed $44 per share acquisition of Squarespace ( SQSP ) by Permira. The investment firm, which owns 5.4% of Squarespace's ( SQSP ) minority shares, said the offer is inadequate and the process leading to the acquisition was...

08:58 AM EDT, 08/14/2024 (MT Newswires) -- Progressive (PGR) reported July net income Wednesday of $1.38 per share. The insurer said net premiums written were $6.38 billion in the month, while net premiums earned were $6.07 billion. Shares of the company were up 3.5% in recent Wednesday premarket activity. Price: 229.00, Change: +6.67, Percent Change: +3.00 ...

08:59 AM EDT, 08/14/2024 (MT Newswires) -- Polestar Automotive (PSNY) said Wednesday it has begun production of its Polestar 3 luxury SUV in South Carolina. The factory will make cars for customers in the US and Europe, adding to its existing production in Chengdu, China. Polestar also said it is working to increase its manufacturing footprint and will begin producing...

(Reuters) -Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports. Below are some actions and comments by major shipping companies and freight forwarders, in alphabetical order: CMA CGM The French shipping group...