04:50 PM EDT, 04/01/2025 (MT Newswires) -- TE Connectivity ( TEL ) completed the purchase of Richards Manufacturing to expand in utility grid products, including underground distribution equipment. On Feb. 12, TE Connectivity ( TEL ) announced the acquisition from funds managed by Brookfield Asset Management's ( BAM ) Oaktree Capital Management unit and the Bier family for $2.3 billion...

Sportsman’s Warehouse Holdings Inc shares are soaring in Tuesday’s after-hours session on the heels of the company’s fourth-quarter results. Here’s a rundown of the report. Q4 Earnings: Sportsman’s Warehouse reported fourth-quarter revenue of $340.4 million, beating analyst estimates of $329.61 million, according to Benzinga Pro. Total revenue was down 8.1% on a year-over-year basis. The outdoor specialty retailer reported fourth-quarter...

04:47 PM EDT, 04/01/2025 (MT Newswires) -- Eaton (ETN) late Tuesday said it has closed the $1.4 billion acquisition of Fibrebond that manufactures pre-integrated modular power enclosures. Eaton said the deal is expected to increase its adjusted earnings before interest, taxes, depreciation and amortization by around $110 million during 2025. The transaction likely will have a neutral impact on the...

04:48 PM EDT, 04/01/2025 (MT Newswires) -- Webster Financial ( WBS ) said Tuesday that Daniel Bley plans to retire from his role as chief risk officer. Bley will continue in the role until a successor is appointed, Webster said, adding that it has started a search process. ...