Shares of Block Inc ( XYZ ) are trading higher Wednesday afternoon after the company announced its intention to offer $1.5 billion in senior notes. Here’s what investors need to know. See what is happening with XYZ stock here. What To Know: The offering, made to qualified institutional buyers, is intended to raise capital for general corporate purposes. According to...

04:21 PM EDT, 08/13/2025 (MT Newswires) -- Coherent (COHR) said Wednesday it has entered an agreement to sell its Aerospace and Defense business to private equity investor Advent for $400 million. The Aerospace and Defense division of the photonics company, spread across ten sites, manufactures optical and laser systems for defense usage. The deal proceeds will be used to reduce...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Overview * Lulu's Fashion Lounge Holdings Q2 net revenue falls 11% yr/yr * Net loss narrows to $3.0 mln from $10.8 mln last year * Adjusted EBITDA turns positive at $0.5 mln, compared to negative $0.2 mln last year Outlook * Lulu's expects positive Adjusted EBITDA in Q3 2025 * Company anticipates full-year 2025 capital expenditures at $2.5 mln Result...