10:59 AM EST, 01/21/2025 (MT Newswires) -- RedCloud said Tuesday it launched a proposed initial public offering of 11 million shares, with the IPO price currently expected at between $4 and $6 per share. Underwriters will be granted a 30-day option to purchase up to 1.7 million additional shares, the company said. The company said it plans to list its...

11:04 AM EST, 01/21/2025 (MT Newswires) -- D.R. Horton ( DHI ) reported smaller-than-expected declines in fiscal first-quarter results on Tuesday while reiterating its revenue outlook for 2025 as the construction company said incentives helped spur demand despite affordability challenges. Revenue fell to $7.61 billion for the three months ended Dec. 31 from $7.73 billion a year ago and beat...

Jan 21 (Reuters) - U.S. bank Wells Fargo ( WFC ) named JPMorgan Chase ( JPM ) executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately. Olebe, who joined JPMorgan ( JPM ) in 2016, succeeds Ray Fischer, who has decided to retire, Wells Fargo ( WFC ) said. Ed's industry expertise and...

11:01 AM EST, 01/21/2025 (MT Newswires) -- EVI Industries ( EVI ) said Tuesday it signed a binding agreement to acquire Haiges Machinery, an Illinois-based distributor of commercial laundry products and provider of related services. The company expects the acquisition, subject to customary closing conditions, to be paid in cash and accretive to its fiscal year 2025. Financial terms weren't...